I see here another potential for a nice long from 1805 to 1830 +- . On Friday, the price tested the lowest level of 1790 +- and now I expect another growing impulse.
Gold is consolidating from a long-term perspective, but I am extremely bullish due to global inflation.
AUDUSD - Sitting on a very strong key level (0.70000), the dollar is pushing higher and approaching strong supply!
Could see a potential reversal/pullback here, will wait for London open and see if we get a momentum break and retest, this level holds ill be looking to buy up to supply, if it breaks ill be looking for the retest/sell!
Let me know your thoughts!...
As speculated in my previous speculation on this pair (see link below for reference purposes), in the last 24 hours, price action has began to express bullish opportunity as we witness a a quick rejection of the bullish trendline identified on the daily timeframe. For those who missed the buy opportunity that happened yesterday, It is pertinent that we take a pill...
COnsidering the significant bearish impulse leg identified on the daily time frame, it is evident that the bullish momentum that has been happening since the beginning of the month might turn out to be a retracement of the impulse leg hereby sending out a signal that price action might be heading to the downside in the nearest future.
Risk Disclaimer:
Margin...
USD is weak and had a sharp sell off yesterday but it seems to be recovering and still trading above 200 ema on bigger timeframes. In today's trading session I will be looking for a buying opportunity around 114.54 level.
This is a really good key level trade setup. We are sitting on the strongest level on the chart: the monthly.
Since there is a bearish engulfing that formed on the weekly. Pretty sure we're going to go up this week to retest it around the 1.52359 area to retest before continuing down.
BULL TPS:
• 1.50871
• 1.51494
• 1.51918
• 1.52278
BEAR TPS:
•...
It is the week of retesting bullish engulfing candles. There is a bullish engulfing retest that happened last week which could signal the return of the bulls.
Another confirmation is the bullish engulfing that formed on the daily chart Friday, March 5th.
Could see a retest of the engulfing before going up since a higher low is due on the 4hr. If the retest...
Hello Traders! Congrats for the fifth consecutive victory.
This is a sell trade for btcusd. BTCUSD has already formed the reversal pattern that will push it back hard. Target is 11310 Level. It can give a fast drop.
Don't just enter the sell trade wait for one bearish candle in 2hr timeframe that closes below the 11960 key level.
As I told you my levels are...
As I'm core fiber bear I can not 2 try short ahead of this DXY support.
Not legal and financial advice; any information provided here is only the personal opinion of the author.
Hello Traders! ETHUSD is very close to the target.
After figuring out how to play with these crypto giants, I gave 3 signals on Ethereum and all three trades are successful and we are also in 4 consecutive victories in BTCUSD.
My powerful key levels strategy is paying well now. It's not a simple support and resistance strategy, My key levels can decide future...
Hello traders! In my previous BTCUSD analysis I gave a sell signal and told you to buy from the sell target both traders worked perfectly.
These are the new key levels that you should look for Buy and sell.
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Previous btcusd analysis
The monthly chart on gold is showing that we have created a big doji in an overbought zone. This may be signaling for the sell.
Currently, price looks like it's consolidating on a higher time frame. So what I'm waiting to see is will it break the overall bullish trendline for the short, or will it bounce off the 1924.42 zone to continue up into unknown...
Price action on key levels , Simple Strategy for trading Price Action
- Broken support level that is above current price - Possible SHORT position entry
- Broken Resistance level below current price = Possible LONG position entry
