The price reached a strong resistance, so I expect a fall. My targets: 1.6033; 1.5952 (fibo 0.23); 1.5825 (fibo 0.38) D1: Good trading! If you find it useful, like, follow, share!
AUDCAD is following a descending trend line. It tested the previous key level, which is the 0.618 fibo level, and formed a double top, this is a bearish pattern. My targets: 0.9050; 0.9020 H4: D1: Good trading! If you find it useful, like, follow, share!
Here are 4 possible scenarios for some buys and sells. I marked the the charts and labeled the POI (Point of Interest) Please make sure to use proper risk and wait for candle closures for confirmations on entering the market. You can drop on to a lower time frame for a sharper entry.
Hope to see a rejection on the trendline, moving to the downside for a clean long opportunity around 0.91300 TP1: 0.92370 TP2: 0.93500
The primary trend is short Suppot zone: 1040 Target 1: fibo 1.38 level, 700 Target 2: fibo 1.618 level, 460 If the price breaks out upwards: Target 1: 1630 Target 2: 2000
DXY D1 - Dollar still sitting south of our indicated area of S/R, we caught some XAUUSD longs today, but eventually broke south and failed to set a new highs. Plenty of time left in the week to see our expectations unfold. Regardless, even when you’re wrong, you can still make money with effective risk management and position management. Still looking to buy...
How to formulate investing and trading ideas for the long, mid and short-term within one single market? In this tutorial, we are using S&P. What you are about to learn can be applied to all markets. Markets are giving us many confusing signals with Dow Jones. According to CNN report, it enjoyed its best month in nearly a half-century in October and it’s up...
As on 4hr TF price has broken key support area and now retesting the are of value (1640). If it breaks and drops down more we could potentially see price dropping to 1622.
Expecting price to drop to 0.72000 zone, after the corrective move
After the market was unable to break through the resistance 4 times on September 15, the bearish continuation took place, where my expectation is bearish next week will touch the price of $1618-1620
Expecting price to push up to 0.85200 before looking for confirmations to enter the sell to the various TP's(1,2,3 & 4) . ALWAYS APPLY RISK MANAGEMENT. Goodluck
I opened a Long yesterday around at the 0.618 fib level. Let's see what will happen 🚀. Just remember: Stick to your plan and have a good risk management 👍 And that's the main reasons I decided to take a long on SOL : ► Confirmation of the retrace and breakout of the falling triangle (yellow lines) ► Retrace of the 0.618-0.65 fib level ► Bounce from the support...
gbpcad has reached the demand zone so I can make a buying analysis with the first profit target at 1.641 and the second profit target at 1.651
cadchf has the potential to experience a downtrend with the formation of a supply area that is still fresh and quite good if selling there
Audnzd was broke the support line and potential go to the downside and make downtrend. Lets find sell and follow the trend untuk trend was done Don't forget to sse higher time frame to capture big time frame
audjpy has the potential to provide a downside opportunity with the blue area as entry and the line as profit takers, more or less the price can move further towards 91,675
In the 4 hourly TF we're in a technical target to around 47k-48k that could act as resistance Break above that we could potentially see a pump to 58k-59K IF THIS IS A FAKE OUT FOR ANOTHER LEGG DOWN TARGET 20K or 28K
audcad is still under control with a good area maybe we can make a buy position for now don't forget to reanalyze