In December, GbpJpy experienced a corrective phase, typical of JPY pairs in this period (repatriation of capital). However, after testing the 179 support level three times, the pair reversed course at the beginning of the year, swiftly recovering previous losses and returning to previous highs. Currently, the pair is undergoing a minor correction following its...
The price perfectly fulfilled my last idea. OANDA:XAUUSD tested the channel border, and it fell from the previous high, forming a fake breakout as well as a range zone. It seems bears are protecting the level above. I think the price may go to a support level because the market overall is moving sideways and we have a big fake breakout of the resistance zone. It...
The price perfectly fulfilled my last idea. The market went up from the support level and hit the target. FX:EURAUD fell from range zone and pulled back to it which became a swing zone. The price updated its lows and fix below the key level 1.65000. The market rejected this resistance zone and the upper channel border. I expect it to fall from the resistance...
The price perfectly fulfills my last idea. It hit the target zone. After the market tested the resistance zone, and it was rejected. FX:EURUSD fell from the resistance zone forming complex pullback. The price took liqudity above the previous day high and went downward. I think that most likely, the price will make an impulse leg down because it failed to break...
Dear colleagues, the price has confidently reached the previous target of 79.37. Now the price is in correction and I suppose that the price will test this area again. It may even retest the high of 79.30. After that, most likely, I will consider a downward movement, but more on that later. Manage your capital correctly and competently! Only enter trades based on...
For the past two weeks, the DXY has been trading within a frustratingly narrow range, lacking clear direction. Today's FED press conference may provide some resolution to this stagnant pattern. Leading up to this event, prominent Fed members have cautioned against overly optimistic expectations regarding future rate cuts. They emphasized that the Fed does not...
Dear colleagues, the waves continue their development. After the correction a b c, wave 1 in the upward movement is completed. At the moment I suppose that the price will either update the maximum of wave 1, or make a correction to the area of 50% Fibonacci level in the area of 37500 (wave 2), then I expect the price in the area of 100% Fibonacci extension level...
The price bounced off the support level. OANDA:XAUUSD has been testing the structure resistance zone 2030–2034. I mentioned in my previous post that the breakout of 2034, which is the weekly high, opens the road to 2050. It did break the resistance. The market quickly went down and grabbed liquidity below. The more level tested, the stronger the breakout is...
Hey guys its your girl forex potatoe with another daily Forex analysis for GBPSEK. I trade any pair as long as the price action is textbook great to trade. Here is my analysis for GBPSEK i have actually been following this pair for some time as well. I just noticed i like to take reversal trades anyway lets get to business. This is a textbook break and retest...
After a false break of support and reaching the year's low just above $2,000, Gold has returned to its familiar range and has remained there for the past 10 days. However, at this juncture, the 2015 zone is providing a robust support base, prompting bullish investors to buy into dips. I anticipate a forthcoming breach of the 2040 resistance zone, with my target...
AUUSD for is after Accumulation. My potential setups you see on chart. This is not recommendation ;) Just my view. Usully I use 3 or 4 orders with TP1-TP4 Minimal Risk reward is 1:1 NOT LESS
Gold for me still down. On chart my option. i open another trade. Few days ago I opened short. and I stll keep. This is not recommendation ;) Just my view. Usully I use 3 or 4 orders with TP1-TP4 Minimal Risk reward is 1:1 NOT LESS
In my previous ICP post, I presented a potential trading plan for this coin. I stated that a break above 14 would indicate that the correction was over. Conversely, if we experienced a break of the symmetrical triangle to the downside, ICP/USDT could drop to 10, presenting a great buying opportunity. The coin followed the latter scenario. As observed from the...
The price perfectly fulfills my last idea. It hit the target. The price has bounced off the resistance zone and broke through the range zone. The market updated its lows. It is moving sideway after long trending move. The market fixed below the range level at 147.500. I expect price retest the support level. On the daily timeframe the market reached strong...
After an impressive 7x rally that began in mid-summer last year and peaked above 7, Rune initiated a correction in December, dropping 50% from its peak. At this moment, Rune/USDT has reversed from the golden zone of the last leg up and appears poised to continue its upward trajectory. As long as the 3.5 zone remains intact, I anticipate a retest of at least 7,...
The market gaped down on Monday open. FX:EURUSD market went lower. However, it quickly pulled back and closed above the previous swing lows. On the daily timeframe, the price formed a long-tailed bar that grabbed liquidity below the key level at 1.08000. I think the market will retest the support level, forming the potential double bottom, then move upward to...
Two weeks ago, AUD/USD reached a significant support zone at 0.65. Following a slight rebound from this zone, the pair entered a consolidation phase throughout last week. The overall bullish trend that began in late October remains intact, suggesting that the pair may continue its upward movement. My bullish stance persists as long as the 0.65 support level...
API3USDT(API3) Daily timeframe range. in a tight place it tried twice at 3.342 still got volume here. if it can stay above 2.741 than clearing 3.342 wouldn't be much of problem. but 2.741 is not a solid ground either.