The price broke a significant trendline and formed a descending triangle from which it is expected to move further downwards, targeting lower support levels.
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The price has broken a significant trendline and resistance level and is therefore expected to target higher resistance levels.
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The price moves in a descending channel and has reached the upper part of the channel and a strong resistance level. It is expected to move downwards and target previous support levels as well as the lower part of the channel.
1D descending channel:
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GBPCHF has reached the bottom of the descending triangle again, if it can form a double bottom here, it will probably target the top of the triangle. If it breaks out downwards, it may decline to the next support.
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EURUSD is moving on an ascending trendline and has formed a ascending triangle from which it is expected to break out and move towards higher levels.
1D supports and resistances:
4H:
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USDCHF is in a downtrend, bouncing off the descending trendline and targeting the next significant levels.
1D:
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Good evening Gold Gang! what an amazing day on the gold chart
The first sells came after the forecasted fake out of the key level .. i entered as soon as i saw a bearish candle form after the rejections at key level .. i rode it down to the next level and then price continued again. Both levels forecast and its amazing to receive messages from traders who took...
Summary:
- HTF looks like a deeper pullback to continue bullish
- Looking for further confirmations to support this analysis
- Need a break above 2002.00 to break bearish market structure
- IF we DO NOT break above 2002.00 NO BUYS.
OANDA:XAUUSD
We sold the top our first target was 20 ema 1960 which hit now market moving to 2nd target of 50 ema
Soon market will complete it 50-61.8 % retracement
Bear's are in control now
❤️ Please, support my work with follow ,share and like, thank you! ❤️
Gold broke the 0.382 fibo level and the next target is 0.5, likely after a small pullback.
The next significant supports: 1800; 1790
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price fails to make new lower low where price indicating going up to touch its resistance in coming days due to low liquidity it may take time but soon chances are high to make hit resistance one. where bear and bulls race will continue lets see who will win. As the price action allowing us bullish move up to 1.23 zone where again may see a bear move accordingly...
Bitcoin is approaching a strong support, if it breaks the next support is the target, 21400 and 20700.
If the 23200 level breaks, then 24200 and 24700 can be the target.
D1:
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$QQQ
QQQ closed at 306.18 after a 20 point move from the
290 level this week. QQQ can pullback to 301-300
if it cant not defend 305 Monday. 300 will be the
support to look for continuation to the upside.
Below 300 we can pullback towards 295 293 again.
Remember never to trade with a
Bias. The top day traders use simple strategies.
You don’t need 50 different...
$SPX
SPX closed at 4136.49 after a big week with
multiple Earnings reports, Feds, and Data. We can
see some consolidation early this week between
4100 and 4150. As long as SPX can defend 4100 we
can continue up through 4200 in the next 1 to 2
weeks. Below 4100 we can see a 60-70 point
pullback. 4100 can present a good opportunity in
both directions....
The price is moving up in a ascending channel, that has reached its bottom, so I expect a rebound.
D1:
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I expect a fall because the EURUSD has reached a strong resistance level.
H4: the EURUSD pair reached the upper part of the channel.
Weekly: the price is testing the fibo 50 level, and reached a strong trend line.
Good trading!
The price has reached a significant resistance, if it breaks the level, the target price is 1960, if unsuccessful, we will expect for it to head towards support at around 1865.
Next levels:
Supports: 1865; 1808; 1770
Resistances:1960; 1995; 2050
H4:
SPY rejected resistance at 4000 by forming big red candle. SPY is likely to go lower to test supports at 3926(fibo 0.38), 3900(fibo 0.50) and 3877(fibo 0.618).
The resistance levels: 4000; 4090
Good luck! Good trading!
D1
