Hi everybody, today i start my first GOLD trading strategy for public. I will show you, how i trade and also will update every strategy enter with points calculating. First deal is bullish. I enter long position at 2314.951 after big bullish accumulation volume (i paint it for you). So going upper.
AU200AUD - 24h expiry There is no clear indication that the upward move is coming to an end. Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher. A lower correction is expected. Risk/Reward would be poor to call a buy from current levels. A move through 7800 will confirm the...
A Dangerous Head & Shoulders Pattern is forming on Nifty charts.(Pending confirmation) If we get a confirmation candle tomorrow or if the support zones of 22240 to 22186 are broken and if we get a closing below 22186 there will be confirmation for the same. If we get a confirmation of Head and shoulders pattern bears will have potential to drag Nifty further down...
Multiple time frame analysis for Gold. Forecast, technical outlook. Trading plan. Key levels. Price action. ❤️Please, support my work with like, thank you!❤️
Hello,Traders! SILVER is trading below A horizontal resistance Of 27.69$ and after The retest we will Be expecting a local Move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
#ORDI/USDT #Analysis Description --------------------------------------------------------------- + The price is steadily following the channel, and the overall trend is bearish. + I don't anticipate this trend changing direction in the near future, so I'm opting for a SHORT trade here. + I expect the price to reach the resistance line and then retreat back to the...
USDCHF is currently testing a recently broken horizontal structure support, that presumably turned into resistance after a breakout. As a bearish confirmation, I see a horizontal range on an hourly time frame and a bearish violation of its support. I think that the price may drop soon to 0.9063 ❤️Please, support my work with like, thank you!❤️
"Japan faces a tug-of-war with yen bears" says the recent Reuters article on this topic, which has had a lot of articles in the recent buildup to the BOJ intervention. What it basically implies is that professional traders have embarked in a money making roller coaster pushing the USDJPY higher knowing full well that the BOJ will step in and bring it down...
To be honest I am not as bullish biased as this project suggests with the succession of higher rectangles ending with the top bigger one, as I find this scenario if not unlikely at least less probable, but I still find the overall potential for this matrix a little intriguing especially if this longer rectangle in this starting position provides some decent follow...
BINANCE:TRXUSDT (6H CHART) Technical Analysis Update TRX is currently trading at $0.12346 and has formed a inverse head and shoulder pattern. Price is currently around the resistance line, if see a resistance breakout then we have potential for a good LONG Trade. I will wait till we have a confirmed breakout of the resistance and enter the long trade only after...
On the above daily chart price action has corrected 40% from the recent high of 20 cents. Price action is about to return there. Why? 1) Price action and RSI resistance breakouts. 2) Price action confirms support confirms on resistance. 3) Bull flag breakout forecasts a 50% move in price action. Is it possible price action corrects further? sure. Is it...
Gold rebounded again after touching 2304 during its decline today. Gold still held the 2300 mark. Judging from the recent trend, gold has experienced twists and turns during its decline, and it is obvious that there is still strong support below. The first is the support at 2305 and 2303. Many people will even look at the 2300-2298 area support as much as...
End of day update from us here at KOG: Another ranging day giving opportunities to scalp but not hold trades unless you're already in from above. Bounces from support have given sharp moves but nothing to force us out of accumulation at the moment. We would now say caution on the markets as a breakout is imminent and ideally a swoop from above would be perfect...
NASDAQ:TSLA looks to be close to making a short term bottom. Thinking we could see price find support in the $131-137 range and then with earnings see a push to $200 or so. NASDAQ:TSLA has been the leader to the downside and it looks to be nearing exhaustion. Would make sense for the leader to the downside to end up being the leader to the upside should the...
NASDAQ:META had a good run, but now that run is coming to an end. I started buying puts today when price was at $524. I bought 6/21 $300P. There's a chance price could break the current highs, but it wouldn't change my bias. I think starting later this month, we're going to start to see a large move down in META. Overall, I think there's a possibility that...
SMCI hitting next Golden Genesis fib at $ 1152.72. Last strong bounce was Sister Golden at $ 713.83. Expecting reaction here, like Sisters paying catch.
EUR JPY Visiting a support line that frist created in FEB 1984 but soon turned into resistance and now we are back at it again in 2024. ECB is trying to hint market on late rate cut but the key factor is the JXY movement. price action showing a break of 161 level. solid break above this level will result in a hike towards 174 area. there will be many inner channel...
GBP AUD has been trading a range since SEP 2023. it attempted to break below 1.89 and failed same as attempting to break above 1.94. as neutral as it is we will most likely visit the bottom end of the range at 1.89 level before the price makes a decision.