Gold broke out of a recent uptrend to form a correction through positive US data and peace strategies in Gaza. Price now finds itself hovering around 1990 with a level of resistance above in the region of 1991-1993. Price on the 4hour has also pushed lower to push off the 50/55 moving averages, prompting a possible double top on the cards. BULLS PLAN: -...
R3 LRS 2018-23 R2 MRS 2003-08 R1 HRS 1993-98 S1 HRB 1978-83 S2 MRB 1968-73 S3 LRB 1953-58 These are the Supports and Resistances for the Intraday based on H1 Fibo levels combined with larger time frames. FOR DETAILS ON HOW TO AND WHERE TO TAKE AN ENTRY. PLEASE VISIT MY PROFILE TO GET THE VIDEO LINK FOR FREE
R3 LRS 1878 Supply Area - R2 MRS 1863 - R1 HRS 1848 SNR S1 HRB 1848 SNR - S2 MRB 1843 Demand Area - S3 LRB 1833 Demand Area D1 On Resistance Sma44 – MACRO FIBO MN38.2% /1903 W1 On Support Sma200 / 1814 MN On Support Sma44 / 1827 MN On Support MACRO FIBO MN 50.0% / 1848 SELL> 1963 - 1878 BUY> 1843 - 1833 OBSERVATIONS: We just entered the upper block...
Gold was heavily bearish for past few days until it hit Weekly demand zone in 1810-20 area. In Weekly demand zone, it was pumped on Friday and look like it will remain mostly bullish in forthcoming week (or two weeks) until it hit next Supply Zone or Resistance zone near 1900's.
Hello traders, Our previous AUDCAD analysis has been expired! We are going to open opposite direction trade by opening this one. There is 1 entry and 2 TPs for this pair. Levels calculated order_block, regarding support and resistances, channel and pivot points.
Going short within a support and resistance level range. Proper risk management is key.
Increase in price, EURUSD will return to resistance of 1.09428, however sustained break of 1.06465 - "support" will have a bearish implication, however, price is currently holding at current support and showing some bullish momentum below , the price is predicted to rise, when we look at the overall movement, we can actually see that the EURUSD is moving in a...
XAUUSD (GOLD) changed to bullish structure after closing above previous LH. Double bottom pattern 1st buy with strong bullish momentum candle at major key level 2nd buy at closing higher than the recent high
Few weeks have passed since I did my last Weekend Technical Analysis Fiesta. Seeing how the market finally saw some volatility, it's a perfect moment to do another. My short-term view on the markets BTC has fallen through the main bullish support which held the upward trend going all year. Considering we're coming out of a very long period of low volatility and...
Hey there, groovy Monday crew! 🌞🏄♂️ Time to dive headfirst into this market madness. You know the drill - Monday kicks off with its classic quick manipulation, just a tease before the real show starts on the Dollar Index (DXY). Smooth moves with dxy leading to that picture-perfect setup on EURUSD down to hell of course🚀 Now, let's chat about these levels,...
Waiting for #BIOLASE #BIOL #NDAQ #NASDAQ NOT INVESTMENT OR FINANCIAL Advice!
Ah, my esteemed colleagues of the financial surf, behold the captivating dance of the GU pair! We find ourselves gracefully navigating the oscillations between bullish and bearish distributions, like a true surfer riding the ever-changing waves of the market. With hopeful hearts, we yearn for a resounding rejection from the bullish domain while carefully gauging...
My short-term view on the markets: Bitcoin is looking bullish long-term. However, with the failure of breaking through 31,000 it becomes more likely for BTC to fall. The bottom dotted support line must hold to keep the long-term bullish trend intact. 🎉CRYPTO FIESTA🎉 Comment your favorite crypto below and I'll do my best to make an easy to understand...
The current trade setup for EUR/USD shows a bullish overall trend, while the short-term trend is bearish. Traders with a swing trading strategy might consider seeking long-term buying opportunities. It is crucial to emphasize the importance of employing effective risk management techniques throughout the trading process. Happy trading!
Conditions Meeting: 1) Strong Stock 2) 50% Retracement from All time high. 3) Panic Buying after huge gap down opening. 4) Currently Pharma and Medical Sectors are booming. Entry price range = 700 to 720 Stoploss Planning = Max Stoploss at 687 Profit Planning 1) Target 1 = Book 50% Qty at 1000 Price Level 2) Target 2 = Book 25% Qty at 1250 Price Level 3) Target...
In today's volatile market, an opportunity has emerged that demands attention. With a thorough analysis of the XAUUSD pair, it becomes evident that a long position is favorable. The following factors support this bullish stance and pave the way for potential gains. Safe-Haven Appeal: Gold, represented by XAU, has long been revered as a safe-haven asset during...
According to this chart we are riding the 8 and 20 day. Price bounced off of the 50 after the earnings sell off and broke out from a double bottom. If this plays out in a perfect world this will blow past 127 from the news run up. Not to mention everything AI is running and we are currently in an AI baby bubble. I would trade this carefully since it is making...
We see a strong Resistance Zone on a monthly chart frame. Let 10,042 break on a weekly chart with decent volume. Next resistance/target would be 12,000. Disclaimer :- I am not a SEBI Reg, Analayst. Please do your own analysis before trading/investing.