Spot gold (XAU/USD) is +0.7% higher in US trading despite an earlier spike lower that was fuelled by the latest US GDP report (the first estimate). Trend + AB=CD Support Suggest a Buyers’ Market Technically, the price of gold could be poised to attack higher terrain. The trend, according to the higher timeframes, is unquestionably north after recently...
Gold has convergence as it moves into high liquidity zone (Blue zone) along with trend line, a pullback from 2330 is likely but after that we are looking for a rally, especially if the DXY falls. Chris
AUDUSD chart is printing bullish trend with no divergence and show double bottom pattern. EP: 0.65399 SL: 0.64846 TP1: 0.65950 TP2: 0.66500
USOIL bought then consolidated created a false break out to the down side and went up(accumulation, manipulation, distribution, etc.). We still in strong bulls for USOIL FOREXCOM:USOIL FX:USOIL TVC:DXY . This is only a trade idea, use risk management. Happy trading
EURJPY is currently showing signs of a Bearish Crab Harmonic Pattern (XABCD) on the 4-hour chart, indicating a potential reversal in trend. Additionally, the price is approaching a significant trendline, further supporting the bearish bias. Bearish Crab Harmonic Pattern (XABCD): The formation of a Bearish Crab Harmonic Pattern suggests that the price is likely...
The chart posted is in a well defined channel that is parallel we are now retesting it . if we were to Break it . that would be BAD thing . But if we break it and close back above that that would be a GOOD thing .We had the Vix cycle peak come in within 1.5 days of the 4/15/4/17 and we are setting up for Moves in Both directions . Trade it this way
Dear Traders, Bitcoin retested selling zone, now we can target the first area 55k and then 45k. Our main reason is for selling swing is based on how price behaved and gaps within the market needs to be filled. Our entry is already activated and now we can target our areas. We expect price to hit our target by end of may. Good Luck.
GBPCAD chart is printing HH and HL, hence showing a bullish trend EP: 1.71313 SL: 1.70659 TP1: 1.71960 TP2: 1.72610
GBP/CHF is forming an Anti-Cypher Harmonic Pattern (XABCD) on the 4-hour chart. This pattern indicates a potential reversal in the current trend. Key Levels and Trendlines: The price is approaching a key resistance area and a 4-hour trendline, suggesting a possible reversal from the bullish momentum. Entry and Stop Loss: Considering the Anti-Cypher pattern...
Dear Traders, Euro is oversold Now, and also DXY started correction, i expect we have correction to 1.07000 Area, Looking buy (1.06000-1.06200) TP : 1.07000 TP : 1.07200 TP : 1.07500
🎯The chart is self-explanatory as always. 🎯 The price has been consolidating in a range for a long time 🎯 A rebound is possible as the price has been respecting the support zone 🎯The sugar companies are in focus given the govt policies in this domain ⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective...
EURJPY chart is printing bullish trend. EP: 167.024 SL: 165.377 TP1: 168.671 TP2: 170.318
the gold market this year has essentially only seen upside. since all time highs theres been a run on available contracts during a contraction that has ended suddenly. it appears that todays rally has been sustained, and the uptrend in futures has all but resumed according to a credit liquidity crunch and bear dollar environment. according to tv alerts, forex...
Harmonic Pattern: The BAT pattern is a harmonic pattern that often indicates a potential reversal in the market. In this case, the formation of a BAT pattern on Gold suggests a possible reversal to the downside. Technical Indicators: Confirmation: Look for additional technical indicators or chart patterns to confirm the potential reversal signaled by the BAT...
this is my forecast for the upcoming week As the DXY has a very major uptrend i believe the dollar will continue to strive
#WUSDT UPDATE W is breaking the main falling wedge pattern. After this breakout we can see gain upto 100% + soon
Delta Air Lines: A Strong Buy on Resilient Market Position and Revenue Premium
LONG #1000BONKUSDT from $0.028485 2h TF. The instrument has formed a cascade of several resistance levels, behind each of which I expect to see the stops of the shorts of the participants who opened positions from them. Active compression and a local increase in volumes indicates the interest and strength of buyers. I expect to see the formation of consolidation...