Gold with selling pressure that happened on Friday. -It has reached its support level which is the price (2012-2017). -By retesting the resistance level (2032-2038) and collecting the available liquidity at this level, the price can start its downward movement from this area to the level of 2013. -If there is more buying pressure, it may grow to collect its next...
* Gold prices have found some support after plunging to a 7-month low,” noted Ed Moya, analyst at online trading platform OANDA. “Treasury yields are still rising, so gold’s respect of the $1,830 level could become major support. The rally in yields could continue but we should see some exhaustion as Wall Street awaits the NFP report and ahead of a long...
⚡️The US ISM Manufacturing PMI is foreseen at 47.7 in September, improving further after June’s bottom. ⚡️ISM Prices Paid Index and Employment Index could give hints about the Federal Reserve’s next steps. ⚡️The risk for a EUR/USD corrective advance increased as the pair has fallen for 11 weeks in a row. ⚡️The Institute for Supply Management (ISM) will publish the...
FX:EURUSD Price is near the support zone. Price can rise to the top of the channels trend line. *Your likes and boosts helps me so much to grow up my profile so please don't forget to like and follow❤ *Please do your research first and then open a position( Not just by my analysis )🧐 *If you liked this idea or if you have any other opinion about it, write in...
The structure of the daily gold line is currently back in the interlayer of the moving average, and the short-term market may undergo a process of shock and digestion. As long as it does not break through the 2020-2025 area, the short-term state of gold will still be weak, and the shock and digestion time in the interlayer of the average line will be extended....
After 9 Months Accumulation Period , Finally Price Breaks the Accumulation Zone of 445--455 And closes above the breakout Zone. Volume Also Supporting the price which indicates sustainable breakout in price after long time. Keep eyes on #IGL. Add your quantity when any dip seen in price or price comes down to retest the Breakout zone. Good Return Expecting in...
Lower High and Lower Low have just been formed in the m5 timeframe, showing the validity of the sell setup. The bullish trendline has just been broken and retested, creating a lower high. Sell! Sell! Sell! Hurray.
Ready to BUY AUDUSD. BUY entry will probably trigger after 4pm central time, so entry will be update at that time.
Hey tradomaniacs, looks like we had a fakeout on AUD/USD and so a nice chance to short it if confirmed. We usually wait for a re-test and rejection to be safe, but if u want to trade aggressively u can also early-enter with a potential re-test. However, recent news were mixed so market is very wild and risky to trade. What do you think?
Ill be keeping an eye on price action towards market close and early next week. I'm very interest in a longer term swing short trades but for the mean time I'm looking at a short term continuation long.. hope everyone has had a good trading week and ill be back on Sunday to cover any possible setups.
Possible Buy Idea at current market price -JPY retracement already confirmed at support area -take note RSI is at floor level which indicates a Strong buying potential
the premarket is above our support the orang line , we should hold to confirm the price continuation till the first profit taking , then if we broke this level we going to have a test for the other 2 profit taking . remember the profit taking area is area of possible rejection and short coming in , the only way to find out that we will continue to go up, is...
SP:SPX Hello traders. Let's take a look at the S&P500 to see if the chart matches the sentiment over the last few days. In my opinion SPX isn't quite ready on higher time frames for serious bullishness. Others may disagree but when an objective method of trend analysis is applied to the weekly chart it becomes difficult to make a bullish argument. When two...
Looking for a right shoulder to form giving a nice opportunity for a long term short position. Look for 4 hr rejection from the sell zone to confirm entry, we may not see the move this week but ill definitely be on the look out as this resistance level to hold strong and create if not a long term position another easy opportunity for a quick move down.
we formed a triangle last Friday , now we have one critical level to confirm the breakout and going towards the 16.20$+, which is breaking the 12.51$+ resistant. cause if we didn't had that reaction and broke the triangle from below we going to have a visit for the support above the 8.24$, and the bottom above the 6.50$ , if we didn't hold above support level .
Gbpchf is bearish PRICE is going to 1.1115 Favoring the downside 90%
After showing a trend of Lower Lows & Lower Highs market recently showed a trend of Higher Lows & Higher Highs. So if the marker breaks the previous swing low, we can expect trend reversal. If this happens we can look for sell on rise. COMMENT YOUR VIEWS Disclaimer: Above is for educational purposes and not buy/sell advice. SEBI Unregistered
All information provided in the video. Keep on watchlist. Feel free to comment and share your thoughts Thank you and trade safe