Discover an enticing Buying opportunity in GOLD as it undergoes a critical retest of a key support area. With market analysis, technical indicators, and price action as your allies, evaluate the potential downside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics.
Hello,Friends! AUD/CHF pair is in the downtrend because previous week’s candle is red, while the price is evidently rising on the 2H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.569 because the pair is overbought due to its proximity to the upper BB band and a bearish correction...
🔥 Price on the 4H chart might come at these support area and we might get a potential bounce🔥 Potential bounce areas for Buying 3.1903 and 2.8977 👉 Follow me for More Real Time Opportunities.
NZD USD has formed an ascending channel which consist of Higher Highs and Higher Lows. the market has broken out of the channel and also broke the HL market structure now we must wait for a retest of the broken Higher Low to get a sell entry.
OBS: Update on the previews post. 1 buy on discount price 2 the fvg is filled
-- Not a financial advice, please, do your own research -- Finally, we are observing break out of our downward resistance(Falling Wedge, reversal pattern) with some significant volume and multiple RSI divergences. As for now, we need to await and see, how 1W candle gets closed(we still might end up with the fake break out). I have DCAed at different price...
🔥 Price on the 4H chart might come at these support area and we might get a potential bounce🔥 Potential bounce areas for Buying 8.235 and 6.067 👉 Follow me for More Real Time Opportunities. Share your Thoughts if you have any?
Hello,Friends! EUR-GBP uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 0.860 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the EUR/GBP pair. ✅LIKE AND COMMENT MY IDEAS✅
Hello friends I think At the limit of 2044, the price will find a significant decrease in momentum and will probably continue to move in the form of a price range for several candles and finally move towards lower targets.
The Index is currently trading in an uptrend parallel channel, and momentum also indicate that the bulls are still in control of the market, so the interesting thing is are we going to see a pullback to level around 16500.00 level for us to get into the trade or the index will still go up. A deep pullback to around 16000.00 will still provide good entry levels...
After the price breaks the multiple structure, then the 150,500 area becomes an important level. Currently the price is just trying to return towards the 0.786 Fib area. after that the price will retest the price level around 150,500 - 150,700. Once the price reaches this area, further confirmation is needed for bearish action.
Hi Traders! EURUSD is an ascending triangle and is approaching its 2-month high at 1.07694. Price Action 📊 The price action looks bullish, with market swings showing higher highs and higher lows. The market has also been trading above the 20 EMA for over a week. We are looking for more bullish momentum for further continuation towards 1.07694. Fundamental...
Discover an enticing selling opportunity in GOLD as it undergoes a critical retest of a key support area. With market analysis, technical indicators, and price action as your allies, evaluate the potential downside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics.
Thank you for reading this update. HNT looks to make new trending levels.
gold price is gaining momentum in anticipation of a further increase, with the Bull Flag pattern still in effect, giving hope to buyers. The 14-day Relative Strength Index (RSI) is approaching overbought levels, indicating the potential for more upward movement. The immediate resistance for the gold price is at $1,997, which corresponds to the five-month highs....
Update previous positions Long position After breaking the resistance at the price of 34818 Entry 35150 The loss limit is 34370 Risk Free 35925 Saving profit 36715 Profit limit 37645 ------------------------------------------------ Short position After breaking the important support at the price of 33590 Entry 33355 The loss limit is 34,000 Risk Free...
Today, I wanted to draw your attention to the recent performance of the SPX, which has been exhibiting a range-bound behavior over the past year. As we navigate through these uncertain times, it is crucial to stay vigilant and monitor the market closely. Over the last year, the SPX has shown a tendency to trade within a specific range, with price movements...