Hello Everyone, The GBP/USD is approaching the 1-year Pivot Point (PP), and the objective is to maintain a consistently stable position above this level to ensure continued bullish momentum. Failure to do so could lead to another downturn. It's crucial at this stage for the price to remain above the 1-week and 1-day Pivot Points (PP) for...
In the current market, gold has maintained a spotlight position as traders navigate through fluctuating CPI data and escalating geopolitical concerns. The precious metal's price has been a bellwether for investor sentiment, balancing inflationary pressures with its traditional role as a safe-haven asset. Technical Take: The chart illustrates a critical juncture...
Hello Everyone, The USD/JPY reached a high point at 155.748 and has experienced a minor decrease in price since then. Currently, sellers are showing strong activity, suggesting that this might mark the peak before a downward movement. However, if the price successfully surpasses the 1W/1D resistance levels, there could be further upward potential. Nonetheless, it...
This is my Setup for Eurchf. Market has broken the structure to downside and taken inducement. We have identified a decisional POI as well as an Extreme one. Look for the LTF confirmation before taking entry.
This can be the possible bullish move for CHJPY after mitigating this POI. The Setup is valid on 15 min time-frame. Look for LT confirmation before Entry.
Dear Traders, Hope you are doing great, US OIL still has high chances of touching the 90.00 region and beyond. Price made correction after rejecting at 87.00, price dropped to 80.00 from where we think price is likely to continue the bullish momentum. However, it is crucial to keep next week news in mind as well. Good Luck
Dear Traders, We have witness change in price action, our bias remain same although now we are looking at the different area from where we can take entry. The first area is identified on the chart as 'entry' and then there are three areas to set 'take profit'. For stop loss it is up to your own risk management. Remember, do your own research too, and only take...
Dear Traders, Bitcoin retested selling zone, now we can target the first area 55k and then 45k. Our main reason is for selling swing is based on how price behaved and gaps within the market needs to be filled. Our entry is already activated and now we can target our areas. We expect price to hit our target by end of may. Good Luck.
GBP/CHF is forming an Anti-Cypher Harmonic Pattern (XABCD) on the 4-hour chart. This pattern indicates a potential reversal in the current trend. Key Levels and Trendlines: The price is approaching a key resistance area and a 4-hour trendline, suggesting a possible reversal from the bullish momentum. Entry and Stop Loss: Considering the Anti-Cypher pattern...
Hello traders.. Ever Since April 16th we can observe a pullback on Eurusd. We recieved bullish fedspeak on April 16th, as Chairman Powell mentioned the recent interest rate hike intervention is not having it's intended affect. The jobs market is hot but the real issue is 2 consecutive months of increasing inflation. This issue may cause interest rates to remain...
Hello Everyone, The EUR/USD appears to be gaining momentum, with the weekly pivot point (PP) serving as a support level, along with the daily PP. To validate further upward movement, it's crucial to maintain a consistent position above the daily PP. However, it's important to exercise caution, as transitions in trends can be turbulent. Hence, it's recommended to...
Sell it it will drop enjoy the free signal I just need to write more so they let me post so just ignore this lol
XPTUSD has broken the Bullish (TOP) Trendline after multiple (5) touches, we dont have a clear safety line to give us a stop loss so i wont enter of the initial break. Im going to instead wait for a retest of the Bullish Trendline we'd just broken, Waiting allows me get a better idea of the breakout to see if its just trying to fake us out. If this bullish...
Hello Everyone, XAG/USD is exhibiting bullish momentum at the moment, with the 1-day support holding firm and the price positioned above the 1-day resistance, indicating positive prospects. The next favorable development to watch for is the 27.416 1-day strong resistance transitioning into a supportive role. TradeWithTheTrend3344
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
BANKNIFTY closed above va 1. gapup 48700 long till 48800 2. 47700-48550 trade breakout 3. gapdown 48550 short till 48350
ALKEM formed a falling wedge pattern on daily chart. There was a strong run up in price prior to formation of wedge pattern. Multiple support and resistance were tested before the breakout. However, the breakout did not have huge volume. Wait for following day close to see how the price moves before you enter. Stop loss can be had just below previous swing low...