Overall Trend is Bullish. We tend To buy Dollar In Long and mid term. swing traders are buyers of every rational buy signal. we are not here to go against the trend , we embrace the trend. But in the Mean Time we might have some counter trend opportunities . So I probably enter few small short positions.
What if the new High for XAUUSD is 2430. Not just for this month but for the Next Quarter? How would you approach your trades, would you place a huge sell position trade right now, or would you start looking for sell setups. Well, I'm looking for sell setups because my account isn't nearly big enough for a position trade. What do you think is about to happen next?
Let’s first have a look on the current U.S. macroeconomy. Last Wednesday, the U.S. Department of Labor released CPI data for March. While the predicted value was higher than the previous value, the actual value was higher than the predicted value. This also means that the CPI will be worse than expected in the first four months of 2024. BTC and US stocks fell....
Let’s first have a look on the current U.S. macroeconomy. Last Wednesday, the U.S. Department of Labor released CPI data for March. While the predicted value was higher than the previous value, the actual value was higher than the predicted value. This also means that the CPI will be worse than expected in the first four months of 2024. BTC and US stocks fell....
I can finally say i'm bullish on BTCUSD as our current sideways pattern is at lowest, i'm hoping we see a pump, but with the geopolitical news thing could be different this is long term idea
That nasty red candle from yesterday changed things. Price bounced off the short term trendline support today. We will see the market going crazy with no clear direction on the upcoming days. Buy I still think the SP500 will make another ATH. In the 4h timeframe looks liken a HS but I don't think is going to play out. We are in another consolidation phase. I'm...
Hello Fellow Traders, Its BEEN A WHILE! I hope That Everyone Follows This Forecast To make some big Profits! Here is a Full Updated Analysis & Forecast For XAUUSD The Best way to follow my Analysis is if the following conditions apply. Conditions - 1. Wait for the Market to Show you some (Rejection / Confirmation / Direction) 2.Wait for confirmation(Price...
Hello Fellow Traders, Its BEEN A WHILE! I hope That Everyone Follows This Forecast To make some big Profits! Here is a Full Updated Analysis & Forecast For XAUUSD The Best way to follow my Analysis is if the following conditions apply. Conditions - 1. Wait for the Market to Show you some (Rejection / Confirmation / Direction) 2.Wait for confirmation(Price...
Hello Everyone, XRP/USD has shown resilience, responding positively to both weekly and daily support levels. To strengthen the indication of a trend reversal, it is crucial for the price to consistently stay above the daily Pivot Point (PP). Nonetheless, as of now, the sentiment leans towards selling XRP/USD. What we anticipate next is a sustained position above...
Hello Everyone, It appears that DASH/USD is currently finding support just above the 1Y/1W Support zone. However, it's worth noting that we're currently below the 1Y/1M/1W/1D Pivot Points (PP), indicating the possibility of further downward movement before any significant upward momentum. While there's some anticipation of a bullish reversal, we require...
Hello Everyone, Currently, there's resistance from the daily support and resistance zones. However, as long as we maintain levels above the weekly pivot point, further growth can be anticipated. While sellers are anticipating a bearish scenario, the overall alignment still supports bullish momentum. TradeWithTheTrend3344
Hello Traders ! On Wednesday 27 March, The CHFJPY Reached The Support Level (166.798 - 167.394) and Failed To Break it ! The Price Formed a Double Bottom Pattern. Currently, The Neckline is Broken ! So, I Expect Bullish Move 📈. TARGET: 169.220🎯
10.10pm - 10.57pm -learned smth new today as usual: Watch the POI plz -first trade (cant see that one): dumb and a failing one -possible trade: OK ig - if feeling aggressive -second trade: gud trade, aggressive one tho (0.9 pip SL) PnL: +0 pips (couldve been a +1RR day) Still learing - Im giving myself time (3 1/2 years until I AT LEAST want to get funded)
Market Outlook: The factors related to Israel and Iran Conflict will e the leading cause for market and moves rather than other local or Techincal factors for the next few days it seems. However the Support and Resistance levels seem to be as under. Nifty Resistance: In case there is some positive news of tension related to conflict decreasing will be at 22424,...
XAU Setup Date : 16-April-2024 Bias : BUY Multiple interested area : 1. Breakout : 2358.05 2. HNS : 2349.69 3. HNS : 2338.80 Setup : 1. Wait price to touch and monitor price behaviour
Dear friends, today gold has been in a retracement situation. Although there have been several symbolic struggles, the bears have finally gained the upper hand. The current lowest price of gold has been around 2324. Of course, our short gold order near 2360 also successfully hit TP: 2349. We thus reaped considerable profits. At present, gold maintains a...
Reasons for bullish bias: - Price gave LH plus strong resistance breakout - Triangle pattern - Bullish Gartley on weekly Here are the recommended trading levels: Entry Level(CMP): 31.53 Stop Loss Level: 24.52 Take Profit Level 1: 38.54 Take Profit Level 2: Open
Reasons for bullish bias: - Price bounced from support - Positive earnings - No divergence Entry Level(CMP): 67.14 Stop Loss Level: 59.92 Take Profit Level 1: 74.36 Take Profit Level 2: Open