⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold made some recovery on Wednesday after experiencing two consecutive negative sessions at the start of the week, as geopolitical risks subsided. Despite better-than-expected economic data from the United States (US), a strong US Dollar, and higher US Treasury yields, buyers of the precious metal took...
OANDA:GBPCAD has been in bearish trend. Recently, It broke the last low with great selling momentum. It has been retracing back to fib 50-75% discounted levels where we can look for selling opportunities up to recent low.
BITSTAMP:BTCUSD DoubleTop has formed amid divergence, additionally price has bounced off the resistance. Selling with a target around 60K
A #short trade opportunity recently presented itself on the #aussieyen (#AUDJPY) #trading chart 📉. This is indicated by the #bearish harami candlestick 🕯️ pattern just below the 100.972 horizontal resistance level. This indicates a rejection of the same level, with potential price move in the downward ⬇️ direction (#sell). Sufficient downward momentum should...
According to the price condition now it is facing a very strong resistance that forms a celling to it right now and it created a downtrend line with 2 waves and now we are about to create the third wave. If u used ur fib tool u will see that the price is near the 61% and 71% fib level that’s why i chose to put a sell limit order around 1.46750. I also chose 50...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price fell slightly on Tuesday in the North American session due to a weaker-than-expected S&P Global Purchasing Managers Index (PMI) report. Despite the Greenback's weakness, buyers were unable to take advantage, while US Treasury yields declined. XAU/USD traded at $2,323, down 0.11%. The US...
A short at 34.94 to 29.25 with the necessary risk management will bring a 16.50%+ return 2.1+ million volume
NAS appears to have completed that indication and created new low (16980). The correction is now playing out and it came all the way back to that area of consolidation (17650 - 17850). A drop and close below 17470 area, will give possible indication for sells, back down to 17030 area.
TVC:NI225 has been in bearish trend printing series of Lower Lows and Lower Highs. Currently, It has been retraced to premium fib 75% level where we can look for short opportunities. Will it continue it's bearish momentum ?
OANDA:USDJPY It feels like the time has come. Divergence is massive, JPYX just made another dip and about to bounce back, additionally US10Y showing signs of reversal... BoJ intervention is on the horizon, but this is an entirely different matter. The trade is risky, but the reward is equally large.
Providing the numbers for my personal short position here. Entry of 66,400 to 67,120 Stop of 68,400 Targets on chart down to 10,000 See my other recent ideas for a detailed description of this idea and play.
the price is standing at a strong area of resistance since Oct 2022 this area pushes the price each time very strongly. the second entry reason is that the price created this reversal head and shoulders pattern so we can enter a sell trade directly around the neckline. The price melted from the neckline after closing below it and my trade is in 70 Pips now...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) experienced a significant drop of over 2% on Monday, marking its largest daily decline since June 13, 2022. This decrease was primarily attributed to diminishing concerns about a broader conflict in the Middle East, which led to a reduced demand for traditional safe-haven...
Greetings Traders! Currently, GBPUSD exhibits strong bearish sentiment , marked by consistent draws on liquidity to the downside. We've recently retraced to a point of efficiency, effectively covering the inefficient price movements from the previous volatile downside move . Notably, we've interacted with a m15 bearish order block , with price action ...
There's strong downward momentum observed on the HTF, with price forming a double top followed by a downward move. Currently, there's a consolidation phase just through the previous swing low. I'm awaiting further confirmation before considering my next move. Given the potential inflection point at hand, it's crucial to wait for clear confirmation signals. I'm...
The GBPUSD pair is currently exhibiting trading behavior within the range of 1.25300-1.27500, a pattern that aligns with the principles of the Wyckoff theory, a framework used to analyze market trends and anticipate future price movements. This current phase appears to reflect a redistribution phase within the Wyckoff model, characterized by a period of...
OANDA:EURGBP This is what I call " the price has moved too far too fast" and formed a sharp peak, I doubt that further upward movement is sustainable. I'am expecting a gradual, smooth landing on the support.
BINANCE:ATOMUSDT As observed in the 2-hour timeframe, the price is currently trading and ranging within the $8.37 price area after minor fluctuations. The price is crossing above the EMA60. Short-term Scenario (2 hours): If the price consolidates above the EMA60, a potential short-term scenario could be for the price to move towards the $8.50 - $8.70 zone with...