The gold price has recently rallied above the key OANDA:XAUUSD 2000 level in response to mixed US economic data ahead of the Fed's decision on interest rates. Analysts note that gold is likely to test all-time highs, given the ongoing uncertainty and volatility in the global economy. Although gold prices remained relatively flat ahead of the Fed's meeting,...
Hello Everyone, I have tried to explain how to enter a stock which has already rallied. I have considered important levels for re-entry purpose. This idea is only for educational purpose & NOT a Buy Call!
catching this thing on the way back up. from my previous idea, you can see I called the SELL & caught it down after the beautiful break & retest. now I'm in again for the BUY. if you would like to enter, wait for a retest after push up on the 15 minute time frame.
When looking at the times frames higher than the daily timer we see the pair remains bullish despite this pullback, hence we are only looking for buying opportunities at the moment. We have listed the confluence we are in line with our current buying setup as follows: Key level breakout. Change in market structure from bullish to bearish. Trendline...
Major Indexes in Europe were closed while the US ended with minor losses after drifting lower from the open. Manufacturing data out in the US came in stronger than expected which triggered (again) inflation and rate rise talk and saw USD and Bond yields spike. Copper and Oil were higher after the number, on expectations for buoyant demand while Gold pressed back...
my entry was based of a rejection on support & a bullish engulfing candle. supply & demand within the zones. just got out of a SELL & now we're taking it back up. CLOCKWORK :)
The EUR/USD pair experienced consolidation last week despite maintaining its bullish momentum. The 1.10422 supply/resistance level held strong, leaving traders wondering how long this resistance will persist. The uptrend remains intact on daily, 4-hour, and 1-hour timeframes, with price rejecting from the 20-day EMA and MACD above the zero line. However, the...
Hello everyone ✌ In the weekly time frame, as you can see, the long-term price trend from the 8$ range faced buying pressure and was able to grow to the 27$ range. Currently, after a slight correction of the price from the lv range of 16 dollars, it has a positive reaction and is in the range of 23 dollars. the price is fluctuating in the long-term range of the...
Right now I am up 3K with this trade alone. If you check out my previous idea, you would see that it played out perfectly. Along with my EURAUD & XAUUSD trade idea. Follow me for more ideas using price action. I will be sending day trades & also some good swings. GJ,EA,GOLD & US30.
I spotted an ascending triangle formation on EURGBP on a daily time frame. The market is currently stuck between its horizontal neckline and a rising trend line. Bullish breakout of a trend line (daily candle close) will be a strong bullish signal. A bullish continuation will be expected to 0.892 level then. ❤️Please, support my work with like, thank you!❤️
Hello, as we can see from a daily perspective, the trend was a downtrend until the price reached and rejected the support level. On 4H, we can see the formation of higher highs and higher lows indicating the structural change from a bearish to a bullish structure. On 1H, the price is moving in ascending trendline where it has already made two touches on the...
adding to my previous idea of gold, the flag ended up not completing forming. New idea selling gold target 1973
Usdchf has been between 0.88389 (demand level) to 1.0068 (Supply level) . price currently at the demand zone forming a double bottom (reversal chart pattern). Price approaching a bearish trendline. Looking forward to the break of the trendline. Will go long upon a retest of the trendline
my updated entry for NAS100. if you can entry now with a low risk lot & once it closes under the structure you can do a better size. my IDEA shows you where you can enter. this is a very promising trade, price action at it's finest. I will eventually do a video on how i see these setups. word of advise; NEW YORK SESSION is where you ideally want to enter this...
GBPAUD is near a good daily demand zone and this demand zone is going to reverse the trend and we'll see a good risk/reward here.
it looks like cad is gonna have a good short here, I'm thinking about is this demand zone can reverse the trend or not but there will be a good short position until next demand zone (light blue box)
after the BOS, that's your indication & after the indication, you will see a correction & then a continuation. we can expect to catch this big sell all the way down!!! use proper risk management. only risk 1-2% of your acc. more opportunities will arrive. never get greedy!! Follow me for more ideas
Last week, the GBPUSD pair consolidated, ranging between 1.23757 and 1.23532, with no significant changes to shift our bias. Technical analysis indicates a bearish outlook for the upcoming week, as the cable struggles to maintain its bullish momentum. The 20-day EMA acts as support for now, but its strength remains questionable. On the 4-hour and 1-hour...