Here we have price at a key level with a possible rejection Price has rejected this level previously which gave us our Daily zone. Price may be volatile at this level. Be sure to manage risk then scale in as needed. I will look for confirmations on the lower timeframes for additional entries as this plays out. Price is above the 200 moving average, so were are...
Price has been consolidating but has now formed structure within the range that could possibly push price outside the range to the upside to possibly retest a higher time frame supply before further expanding down since higher time frame bias is bearish at least for the short term.
Yesterday was a rough day. Gold managed to spike beyond the daily Channel(resistance) In my opinion manipulation occurd to wipe Sellers. Gold eventually fell back around 250pips. GOld is currently floating above support level. I think gold will climb first test the last high again around 1945 And fall from here. But there is still a untouched area around 1953 were...
GBPNZD bounced back to long and its ready for sharp move up to 2.09000!
Targeting sells from 1944-46 area. Golds sudden bullish movement to this price has caught my eye. I believe FOMC will not raise rates, thus I think it will have a huge impact on metals. There could be range up to that 1948, my stop is at 1948.5 with 2 targets 1940 and 1927 which was around the area of 25 key support. Ive implemented the use of FVG, BOS and...
Hello,Traders! GBP-USD is trading In falling wedge and the Pair has retested the Horizontal support of 1.2329 So IF we see a breakout From the wedge then The pair will go higher Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello,Traders! GBP-CAD is falling down And the pair is locally Oversold so I think that We will see a local Bullish correction from The support level Below at 1.655 Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
BTC is actively testing the current level. The price has formed a bullish takeover, marking the boundaries of the current zone. The chart has fixed above the 50EMA (1H TF) RSI near neutral values (1H and 30m TFs) I expect the price to rise after fixing above the current zone.
Macro Trend Lines from All Time High and before are converging before the end of the year and and into Q1'24. With this convergence and the MacD looking the lowest it's been since May of '22 where NATH then went on to gain nearly 200% value over the next 16 months. This one is a long term buy, and will continue to perform well into '24.
Indicators remain stable with no prevailing sides. The asset reached the support level for the third time. I believe that the price will rebound again after fixing above the support.
Hey Traders, in today’s trading session we are monitoring DXY for a buying opportunity around 104.800 zone, DXY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 104.800 support and resistance area. Trade safe, Joe.
SHIB is moving in a local ascending structure. The price has reached the support. I expect a bounce from the current level.
XLM fixed above 50EMA (1H TF) Trading volumes remain stable. RSI is around neutral values. I expect the price to rise after fixing above the resistance level.
Last week EURGBP posted a green Heiken Ashi candle on the weekly chart. This suggests to me that we may see another green weekly Heiken Ashi candle. It is also the case the a green Heiken Ashi candle was posted on the daily time frame after a series of red candles. This suggests to me that we may see a multi-day bull run.
Hello,Friends! USD/CAD pair is in the downtrend because previous week’s candle is red, while the price is evidently falling on the 1D timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 1.363 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely....
Take a look at our analysis for GOLD. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1929.145. Taking into consideration the structure & trend analysis, I believe that the market will reach 1937.904 level soon. P.S Overbought describes a period of time...
Hello,Traders! GOLD broke the local Horizontal level of 1930$ Which is now a support And Gold is now retesting This level again so I think That we are likely to see A local bullish rebound And a move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅GBP_CAD is about to retest a key structure level of 1.6551 Which implies a high likelihood of a move up As some market participants will be taking profit from short positions While others will find this price level to be good for buying So as usual we will have a chance to ride the wave of a bullish correction LONG🚀 ✅Like and subscribe to never miss a new idea!✅