Just realized I did not include my set up from yesterday Here is a recap, Caught TP1 for 40 pips, Second position got closed at 40 pips as well being that gold whipsawed back to entry and SL. Could have got back in and ate another 200 pips but the trading plan said no.
Please, check our technical outlook for NZDUSD. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 0.609. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 0.611 level. P.S Overbought describes a...
Take a look at our analysis for GOLD. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 2125.722. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 2140.229 level. P.S We determine oversold/overbought...
Here is our detailed technical review for NAS100USD. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 17959.5. Considering the today's price action, probabilities will be high to see a movement to 18481.5. P.S The term oversold refers to a condition where an...
Hey Traders, in today's trading session we are monitoring USDJPY for a buying opportunity around 148.500 zone, USDJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 148.500 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring Gold for a buying opportunity around 2133 zone, Gold is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 2133 support and resistance area. Trade safe, Joe.
Hello,Traders! USD-CHF is trading along The rising support line And the pair is going down To retest it so after it happens We will be expecting the pair To make a local bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello traders! Gold in the 15m timeframe has entered the channel scheme. The price has reached the level of 2142.00. We see that we have a bullish trend. In my opinion, the pair Xau/Usd will test the level of 2152.50. Be careful! Don`t forget to look at the economic calendar! Entry: 2125.00 SL: 2119.00 TP: 2152.50 MAKE MONEY AND ENJOY LIFE 💰 THANK YOU! GOOD LUCK! 🙏🏻🙏🏻🙏🏻
Crude oil has recently encountered resistance and experienced a pullback from this level. However, it is currently trading within an ascending channel, suggesting that the bears are losing momentum, while the bulls are gaining control of the market dynamics. Key Observations: 1. Resistance Encounter: Crude oil faced resistance at a significant level, prompting a...
In this chart we have spotted ABCD pattern with the help of fib retracement as it break Point D we also engage a SELL STOP order as well.
COINBASE:BTCUSD Hello Traders, I present to you the Elliott Wave Method, which instructs us to wait until the dollar reaches around $56,000 USD and then enter other long positions, aiming for approximately $125,000 USD. This is my minimum expectation for the next bullish move. Additionally, as illustrated in the chart, there is also a possibility of a spike up...
Welcome everyone, GOLD made a lot of weird moves in the past weeks and is still not showing a clear direction at all. Beside the strong bullish trend, there was a massive sell of from the ATH and we are close to an important decision. As you can see in orange the price tested the upper boundary of the consolidation range for the 4th time and got rejected, but it's...
Gold formed a beautiful ascending triangle in the one-hour timeframe and managed to break above its price to 2141 📈 We have a strong and important resistance zone at 2142 - 2148 where we may experience good selling opportunities. Furthermore, gold is currently coming down towards the support at 2120. If this support holds and doesn't break, we can go long with a...
Hey Traders, in today’s trading session we are monitoring USDCAD for a buying opportunity around 1.35700, USDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.35700 support and resistance area. The current scenario suggests a disinflationary trend in Canada when examining inflation and wage dynamics....
Hey Traders, In today’s trading session we are monitoring AUDCAD for a buying opportunity around 0.88500 zone, AUDCAD was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.88500 support and resistance zone.
Hello,Friends! Previous week’s red candle means that for us the GBP/NZD pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 2.080. ✅LIKE AND COMMENT MY IDEAS✅
Here is our detailed technical review for CADJPY. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 110.317. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 110.600 level. P.S Please, note...
Please, check our technical outlook for NZDCAD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 0.827. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.834 level soon. P.S Please, note that an...