It is based on a chart pattern on a daily chart. Good Luck!
FX:XAUUSD is testing 2378. For two weeks traders fought for the 2300 area and the bulls won. Favorable fundamental background and technical prerequisites played into our hands. Earlier we discussed with you the formation of the correction and the formation of the bullish pattern "descending wedge". The breakout of the resistance of the wedge confirmed the end...
I'm sorry there's just no way this breaks up from here. It looks too easy I am going to short PEPE also btc weekly close is looking bearish af unless it pumps from now until tomorrow. 45-50k might be on the table
Hello traders ,what do you think about GOLD? On Friday, gold entered the correction by reaching the resistance zone of 2380. The correction is expected to continue until the specified zone and then grow to the specified levels. CPI data this week can be the driving force for gold If this post was useful to you, do not forget to like and comment.❤️
Let me show you this very simple signal, it shows where Bitcoin is headed next. ➖ We are looking at the 1H time frame; notice the volume. Each time there is a volume breakout, it ends up being a bearish move. This indicates that the bias is bearish and thus lower prices. ➖ The downtrend confirms the volume signal. Where are the bulls? The chart can always...
Pair Name : GBP/USD 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( Best Buy and sell area's ) Type : Mid Term...
H4 Analysis: Bias/Analysis remains the same as analysis dated 12 May 2024. -> Swing: Bullish. -> Internal: Bullish. Price has printed a bullish BOS. After bullish BOS expectation is for price to pullback. We have nested Daily and H4 supply levels where price is expected to initiate pullback. CHoCH is positioned at quite a distance away from current price,...
BINANCE:BTCUSDT has been showing bullish prospects all week and has been consolidating above key zones, preparing to go higher, but on Friday the market changed to bearish and there is a reason for that. BTC lost 3.3% on Friday and is currently painting a bearish picture. There are two reasons for this: Inflation related news, basically proving that...
Gold prices extended gains near $2,360 on Monday during the first hour of trading in Asia. Rising geopolitical tensions in the Middle East boost safe-haven flows and benefit precious metals. Gold prices traded positively during the day. The yellow metal kept the bullish trend intact as it held above the key 100-day Exponential Moving Average (EMA) on the daily...
FX:AUDNZD has broken through the range zone and has created new extensions. It is currently hovering around the key level of 1.1000. The market appears to be in an accumulation phase, suggesting a potential upside move that could result in new highs. As the price consolidates, I anticipate a pullback to a support level followed by an upward move to retest the...
Hey Everyone, Please see our updated 4h chart levels and targets for the coming week. We are seeing price play between two weighted levels 2389 resistance and 2357 support. We will need to see either weighted level break and lock to confirm the next range. We will need to see ema5 lock above 2389 to further open the range above or a rejection will follow to...
Key Cautionary Zones Strategic Insights on the GBPJPY and USDJPY! The market is paying attention to what may happen next to the JPY pairs. The BOJ raised interest rates but the impact was insignificant. On the other hand, they commented that the exchange rate was not important in influencing the inflation rate. However, at the same time, it is not clear...
Hi. COINEX:BTCUSDT Today, I want to analyze BTC for you in a DAILY time frame so that we can have a SHORT-term view of BTC regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). ➡️ the odds of another bullish Movement is Pretty high because the pattern which BTC is in, Is a Bullish wedge...
Welcome to Spy weekly. I have discussed the levels and my expectation of the market. If you have any doubts feel free to msg me.
IN 5 D CHART TON consolidating a CONTINUATION V BOTTOM pattern.. all details u need in the chart ...check it well appreciating for supporting us with "like" and hit "follow" for more ideas and updates🎯
Considering the hunt of the previous L and the liquidity pool we have at the top of the chart (shown by the $$$ sign), we are expected to see a reversal to the upside. We are actually in a big range. The targets are clear on the chart. Closing a daily candle below invalidation will violate this analysis. For risk management, please don't forget stop loss and...
#EURUSD Weekly Prediction Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about EURUSD. EURUSD is ready for a good bearish wave. This is making bearish flag pattern. We can see a good drop in price after this Breakout. Possibly we can get drop upto 200Pips+ soon. When market will open we will update further with...
Here I have AUD/USD on the 1 Hr Chart! Tonight, we have seen Price make a drastic turn to the Upside back into this Descending Channel it was traveling in last week! With this False Break of the Falling Support, could we see the appearance of a BULL FLAG?!?! Now with a Bull Flag, we expect valid tests of both the Falling Resistance and Falling Support!! So far,...