Hello, according to my analysis of the gold market, gold is still in a very negative state. Under pressure from sellers. Everything is explained in the analysis. Good luck to everyone
AUDUSD has selling for the past 8 consecutive weeks since 12th Jul 2023 to date. Price is currently making upward corrections and i expect it to fulfill the fibo retracement conditions and then short further to the next significant level at 0.62780. The DXY is on the front foot of strengthening more and that could even ignite more shorts on AUDUSD. There is...
Chart 4H TF GBP/AUD is on the strong support around 1.936 Need to wait a signal for potential long before trade I expect price can recover to 1.949 first Time will tell
Pound was making lower highs and lower lows. Previously GBP rejected from the Resistance x3 times and continue pushing down. Scenarios: 1- Retest the recent Resistance and continue pushing down towards the zone. Also break the zone the form the next lower low to respect the trend. 2- Buying above the top Resistance or Reversal in Trend. Note: Trade...
Gold is forming global and local trends in one direction - downward. After rebounding from the current resistance, the price forms a retest of the support. TA on the high timeframe: 1) Moving averages in a fairly wide range indicate to us the formation of a downward movement 2) A bearish trend is forming within the descending channel 3) The liquidity area on...
Here is my latest structure analysis for Gold. Horizontal Key Levels Resistance 1: 1942 - 1953 area Resistance 2: 1965 - 1972 area Resistance 3: 1978 - 1987 area Support 1: 1884 - 1889 area Vertical Key Levels Vertical Resistance 1: Falling trend line Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
Both 4592 and 4492 are in play in the next week or so... We don't make predictions... Nobody knows for sure but using these 5 price action tools traders and investors can develop levels of interest in both directions. Support/Resistance Trend Fibonacci Supply/Demand Zones, Change Control Zones
📈 Trade Alert: GOLD (XAUUSD) Setup 📈 Exciting news! We've identified a potential GOLD (XAUUSD) trade setup that could bring us some greenbacks 🤑. We've laid out all the essential elements to watch on the chart screenshot above: Now, here's the deal: We're not rushing into this. Nope! We're waiting patiently for that all-important confirmation on the Lower...
OP/USDT 1-week: OP is looking weak after the "D" rejection at the upper trendline of this large descending channel. Also notice the inability to cross the 50 level on RSI, highlighted. Fisher descending trendline in effect. A potential bounce to the 1.45-1.60 level should be treated with scrutiny, as the long term picture indicates a prolonged bottoming process...
Nice looking sell opportunity US Dollar going bullish Look to short Kiwi
BABA is currently on support (blue TL) and is coiling in a triangle. One can look to go long as long as support holds with the idea of holding on for a breakout to the upside. First target would be around 103 (resistance) where the price could possibly pullback to retest breakout - then move higher to 122. Stop loss on a break below blue TL or around 85.
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
I was analyzing EURDOL and found that there could be two scenarios. The first scenario in long, where the trend remains within the channel where it has been for months and will try to take TP2 (UP) to complete its cycle. The second scenario in short, using the trendline method I noticed that there will probably be a breakout of the trend that has been going on for...
Hello traders, We have yet another great market set up to take advantage of. The CHFSGD has been consolidating in a falling wedge. We have since seen an opportunity to take advantage of a trend violation on the daily timeframe. Should we close above the trendline today, we are definately bullish unti we reach our target set at 1.48927, this target was set by our...
Chiliz bounced off the resistance level. Asset bounced off the descending trendline. Bearish movement to support level at 0.0544 is possible.
Good day traders, Our previous GBPJPY signal has reached our TP1, I saw a pullback on the daily timeframe non the less we are bullish for the long term. I will hold those long positions to this new TP price (point D). New development: We see the recent rejection on our structure support suggests that we are going too complete a bearish Gartley harmonic pattern...
BINANCE:CHRUSDT breaks the resistance of the wedge and gives us a good signal for a possible strengthening of the cryptocurrency pair while the market flagship - bitcoin makes a volume shakeout On the BINANCE:CHRUSDT chart below, I have marked the strong 25400 level. We can see that price is testing this area in a false breakout format. The problem with...
GOLD Been Bearish And Now Is Reaching The Support Level And I Will Be Looking For Longs On 1918 Level. If The Level Manage To Hold.