Daily/4h time frame analysis on Gold. Price action. Potential scenarios. Trading recommendations. ❤️Please, support this video with like and comment!❤️
Hello traders, I want share with you my opinion about Ethereum.Observing the chart, we can see that the price some time ago started to rise in an upward channel, where it soon reached the 2900 support level, which coincided with the support area and broke this level. After this, ETH some time traded near this level and then rebounded up to the resistance line from...
Now it confirmed breakout from a wide range of Accumulation. Uptrend is here.
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Some days ago price fell below $2050 level, which coincided with support area, thereby breaking it, inside falling channel. After this, price tried to back up, but when Gold entered to support area it at once continued to fall. Then XAU repeated this movement,...
Hi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊 A not long time ago price entered to rising channel, where it bounced from support level and rose to resistance line of channel. After this movement, BNB turned around and ina short time declined to support line of channel and soon broke it. Price left rising...
Greetings! This is my long-term analysis of bitcoin based on the logarithmic chart. I notice that there are price patterns that are repeating. 1.March 2013- September 2013 1.January 2015-September 2015. 2. November 2013-August 2015. 2. January 2021-August 2023. 3. April 2020-November 2020. 3. January 2023-August 2023. I bet bitcoin would do the same pattern...
Hello Traders, We have A Channel Zone. If The Price Breached The Trend Line, Take Entry While Retested and Looking For Bearish Momentum As Showing By The Path Tool. Please Note That The Only Purpose of The Information On This Page is Purely Educational. I Would Welcome Your Participation And Support in the Form of Likes, Comments, And Follow us to Offer Some...
The GBPCAD is currently in a long-term uptrend within a rising parallel channel on the 4-hour chart. It has recently reached a key resistance zone where a major rising parallel channel and horizontal structure intersect. We anticipate a bearish response from this level and maintain a bearish outlook, expecting the pair to decline in the near future.
FX:XAUUSD in the distribution phase updates highs to 2195. Price enters resistance zone while the dollar index gets a dose of negative news and high inflation. CPI, Core retail Sales, Initial Jobless Claims and PPI are worth watching in the coming week. Also, quite a few FED & FOMC speeches after Powell's two day speech that said nothing new. The dollar index...
GBPUSD broke and closed above a key daily horizontal resistance and set a new higher high higher close of this year. The broken structure: 1.277 - 1.283 area, turned into a demand zone now. I will expect a bullish trend continuation from the underlined blue area. Goal: 1.293 ❤️Please, support my work with like, thank you!❤️
With higher lows after bouncing off the bottom, looks like it's emerging. To watch. Fundamentals need to improve first.
gold broke its all-time high, and after the breakout, it is following a channel. The break of the channel can be considered the next move.
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Some time ago price entered to triangle, where it bounced from resistance line and fell to support line, breaking $1.0745 level. After this, pirce in a short time rose to resistance line, but soon turned around and declined lower more, exiting from triangle. Then...
It seems like the price may have hit its bottom, as we're seeing two Key Reversals on the Monthly timeframe. This scenario could signal a Double Bottom, setting the stage for a high-probability trade setup with waiting for the price to break through the recent Lower High (LH) to confirm a change in trend. Shifting our focus to the Daily timeframe, there...
Hello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that the price some days ago entered to upward channel, where it at once rebounded from the support line and rose to the 59000 support level, which coincided with the buyer zone. In a short time later BTC broke the 59000 level and made a retest, after which it continued...
Very close to hitting the teal channels breakout target, after that we head for the pink channels breakout target…also likely to go to the beginning of the red bearflag pole around 51 cents as is common with inverse Bart patterns. *not financial advice*
Possible ICI set up #EMC Price is bouncing off the top of a bullish M Channel. Last week was a nice pullback. Looking for price to continue bearish at a minimum to the middle of the M Channel area. M = monthly
We seem to be reversing off the top of this multi-channel area at 31.25. In Addition, RSI has bearish divergence and we also recently had a demark13 countdown which could signal an exhaustion in trend. Watch for a reversal to take place off the current area. Perhaps a move back to the 50day moving average which currently sits at +- 29.60 and rising daily, is a...