OANDA:US30USD Taking a look at the 2 hr time frame. I noticed that price created and confirmed a double top, which is a top reversal. Also at the closest structural level of support price also formed a inverse head and shoulders pattern on the same time frame. In this battle of patterns, let's see if the double top holds after being retested by price. If ...
you can go long now with small lot size and after break current resistance at red arrow you can go long again with another lot and take any target - General Trend is Up Trend - Target3 is high resistance - JPY is Weak have fun :)
Ignoring mainstream news and whatever and only using my data i'm seeing that CRE is experiencing unknown trouble. While SPY and other indices have been pumping possibly thanks to NVDA, CRE has been experiencing big trouble. I think CRE trouble may spill over to the rest of the market as some kind of SVB/SIVB-like event sometime soon e.g June/July and will end at...
After the CPI data released by the Labor Department last week showed that inflationary pressures further eased in May, BTC and US stocks rebounded significantly, covering the decline caused by the previous employment data. However, in the subsequent FOMC, the dot plot showed that the median number of interest rate cuts this year was one, which was lower than the...
The structure of RSR is bearish, but we have a good demand at the bottom, which can be used to look for buy/long positions in the form of scalpy. Liquidity pools are expected to be swept Closing a daily candle below the invalidation level will violate the analysis Note that the financial market is risky, so: Do not enter any position without confirmation and...
After the CPI data released by the Labor Department last week showed that inflationary pressures further eased in May, BTC and US stocks rebounded significantly, covering the decline caused by the previous employment data. However, in the subsequent FOMC, the dot plot showed that the median number of interest rate cuts this year was one, which was lower than the...
GBPUSD is moving in a descending channel between the trend lines. The price is above the lower boundary of the channel and has already reached it. The chart reacted with a decline on touching the dynamic resistance. We expect a rebound after the retest of the channel boundary. ------------------- Share your opinion in the comments and support the idea with a...
H4 - Bearish trend pattern Currently it looks like a pullback is happening Until the strong resistance zone holds my short term view remains bearish here.
End of day update from us here at KOG: A nice Monday for us in Camelot with Gold coming down into the support region of the range, giving the RIP we wanted not only giving us one, but two nice long trades. We then suggested trades halt on going long as those resistance levels were important regions, and instead we managed to identify the short trade which came...
Hello traders, OIL is currently in a strong uptrend, and I'm aiming for a continuation of the uptrend over the next few days.
Hi traders, we meet again with the continuation of the movement for me gold should rush the 2270
GBPUSD daily structure is weakling, a close below 1.26586 will most likely cause the pair to dip further... N.B! - GBPUSD price might not follow the drawn lines . Actual price movements may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your Trades #gbpusd #cable
FX:XAUUSD has been facing strong bears since the opening of the session. The price returns under 2325 and forms a consolidation. Earlier there was a retest of a strong resistance area. The market is still bearish For the gold market the area of 2325 plays a key role at the moment. Bulls are not yet ready to overcome this area on the background of strong...
CADJPY look very bullish on a daily time frame. I see a confirmed violation of a neckline of an ascending triangle formation. Because the pair is trading in a long term bullish trend the growth may easily continue. Next resistance - 115.4 ❤️Please, support my work with like, thank you!❤️
As we can see that GBPUSD is rejecting the major support zone so we can plan long trade over here. Target will be the marked Resistance zone.
Before anything, pay attention to the time frame of this analysis. The time frame is 12H. The structure of TIA is completely bearish. The main support is the range that I named demand By maintaining the supply, it can move towards the targets Closing a daily candle above the invalidation level will violate the analysis Note that the financial market is risky,...
As we can see that Head & Shoulder pattern has been formed on USDCHF and we have got the break out of the neckline and also the retest at the marked support zone so we can plan short trade over here.
Before anything, pay attention to the time frame of this analysis. The time frame is daily. The THETA structure is completely bearish. Below the candles we have liquidity pool and liquidity void. The main support is the range that I named demand. By maintaining the supply, it can move towards the targets Closing a daily candle above the invalidation level...