Gold, the goldbug's blessing & curse, a precious metal of some serious conspiracy around market rigging. Here we see the chart setup that is developing dominated by worrying signs: The Bad 1. The blue line represents overhead resistance, ideally would have loved price to touch that. 2. Price has carved a triple top near all-time highs. 3. We ended June with a...
On the today's live stream, we discussed US100 Index. The market started a correctional movement after it set a new higher high, respecting 15280 level. The price was trading with a bullish flag pattern. The resistance of the flag was broken yesterday. It will most likely trigger a bullish continuation. Next goal - 15200 For entries, consider a broken...
This particular pair OANDA:GBPJPY , I committed one year to. I decided if I am going to have any success at trading, pick one pair, and stick to it! Although I've been on shuffle with my portfolio, I always revisit this pair. I like to say I'm married to it ;) After a long night out with the other pairs, I came on home this morning. From the looks of this trade,...
AUDNZD was steadily falling within a channel. Once 1.082 support was reached, the market started to consolidate within a horizontal range. During the Asian session, bulls manage to break the resistance of the range and the upper boundary of the channel. It is a very important indicator of the strength of the buyers. I expect a pullback to 1.0884 ❤️Please,...
Potential trade setup for AUD/USD, its likely to break the rectangle on downside and complete the the Harmonic pattern AB=CD
In the 1H analysis of ETHUSD, the price is in a very nice rectangle. Now the price is at the bottom of this rectangle, and if it is rejected from the bottom, we can expect 1900 and even more (1923). In case of strong crossing of the bottom (1872) of the rectangle, this analysis is invalid.
Just A momentum play , execution is the key here, not looking for so big levels, Just a 1:1 (depends upon execution) Trade if you are interested. and just close it around levels. Red Line is Stop on DCB. Green line is Target. All the best. Gratify if you appreciate the practice then you can like it, share it and If you want me to investigate any chart for...
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
GBPCHF - Waiting to see how price reacts at OB that has formed around the $1.1400 area. If price respects support then we will buy up into the 4hr OB. Target $1.15 (100 pips) Risking 15 pips. - Will reassess if trade gets invalidated 1:6.7 Risk to Reward Ratio
I usually do not trust forecasts made on low time frames. They are often subject to the error of a larger pattern. In other words, they are not always what they appear to us to be. That's why I mostly make charts on 4h+ charts. However, I sometimes make exceptions to this rule. As you can see above, it seems to me that 3 intersecting patterns are forming. As for...
EURNZD is trading in rectangle channel near the Upper Trend Line Breakout: 1.76269 St: Mid: 1.75777 Targets: 50%: 1.76797 100%: 1.77335
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
This will be my personal trade Setup, This is not an advice of any kind to initiate trade according to this setup. This is for only for my learning purpose and maintaining my trading journal. Price is in uptrend reversed from Trendline. Also price broke from box with with volume. CMP: 982 Nearby Support: 802 Nearby Resistance: 1120, 1161.
USDCAD is trading in rectangle channel above the lower trendline 1.33020. MID: 1.36379. Break above 1.39777, targets: MID: 1.43151/ 1.46561. Break below 1.33020, targets MID: 1.29635/ 1.26272 Stop: MID: 1.36379
GBPCAD is trading in rectangle channel near the Lower Trend line:1.66283. Rectangle channels are only valid when the price closes above below the trendline/breakout/breakdown with a confirmed
Multiple time frame analysis for EURUSD. Price action & key levels. Directional bias. Potential scenarios. ❤️Please, support this video with like and comment!❤️
we can see a pattern here, and its supported by fibo so we r going short here guys.
Here on ETH, we currently observe the formation of a bearish rectangle after a sharp price drop. The price is currently within the consolidation range of the rectangle, with each line having more than two touches, indicating a stronger pattern. It is crucial to monitor the price within the consolidation zone, as a breakout accompanied by heavy volume would...