Will be looking to enter a short here if we do fail teal controlled selling and see that magenta is in control. I expect price wants to come down to at least purple buying continuation to find support for a continued move upward. Happy Trading :) - TraderDaddyOG
Soooo I've been playing around with mapping out the Elliot Wave Theory, and it looks like we're gearing up for a bullish reversal with Wave 5 shaping up. Based on how things are moving, we could see the price dip a bit more to 1.07574 sometime next week. There's a good chance we'll see the 'power of 3' in action, along with some side-stepping as the market...
In this video, I shared my view on the AUDUSD. The bears could ambush the bulls at the next minor swing level of the 0.66600. Your opinions are welcome in the comment box.
PEPPERSTONE:XAUUSD OANDA:XAUUSD FXOPEN:XAUUSD Through the analysis of the golden hour chart, we know that gold broke through a new high as expected and reached the upper line of 2365. We can see from the chart that the short-term adjustment has ended in the strong zone and there will be further upward breakthroughs. The next target level remains...
Trading Plan for Tuesday, April 9th, 2024 Market Sentiment: Consolidating within a tight range. Expect a breakout or breakdown with the potential for increased volatility. Key Supports Immediate Supports: 5246, 5232-35 (major), 5221, 5212, 5207 (major). Major Supports: 5196-98 (major), 5181, 5172 (major), 5155 (major), and many more. Key...
📊Analysis by AhmadArz: 🔍Entry: 3.987 🛑Stop Loss: 3.859 🎯Take Profit: 4.114-4.185-4.265-4.334 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!
Hi Traders here is a quick analysis on EURNZD Trade using the third touch strategy, We all know how powerful third touches are in forex trading, here is a third touch strategy for eurnzd and Gbpnzd as well, that i strongly believe would drop. Not a financial advice! Trade with what you can afford to lose
Update for Gold intraday price action: I see a bullish triangle again - after some accumulation, the price violated its neckline and set a new higher high higher close. Bullish violation is one more important sign of strength of the buyers and may push the prices higher. ❤️Please, support my work with like, thank you!❤️
Hi guys, I'm back with fresh analysis on gold. if you haven't check my last analysis please do, price moved up from 2281 level for more than 700 pips. which was amazing. Major institutions are still long on gold(based on COT data) and is still making new highs, so buying on demand levels is sensible. First level is 2330 which is a broken resistance now acting as...
Price approaches the NGN1192 support. Potentially will bounce up to retest the broken NGN1406 support and use it as resistance. Since price is retracing after a steep bullish move, the next solid support might be found on the NGN961 zone.
📊 # OANDA:XAUUSD XAUUSD Fractals Market Algorithm (april/9/2024) Fractals Market | price action | pivot points | supportressistance | trendline
Following a period of upward movement, the price experienced a downturn and stabilized around the 2.4 level. Currently, a descending triangle shape has emerged, with the resistance of the pattern being breached. This development signals the dominance of the buyers, leading me to anticipate further upward movement.
Hello to all our subscribers! Please share your personal opinions in the comments. We kindly ask for your support through likes and subscriptions. As the value of the yen fluctuates near its low point, it is anticipated that intervention by the Japanese foreign exchange authorities will commence if the yen-dollar exchange rate exceeds 152. Meanwhile, the timing...
Litecoin broke trough the support level. Asset broke trough the ascending trendline. Bearish movement to support level at 95.5 is possible.
GBPCAD has been in an upward trend for the past week. It is currently facing strong resistance at a horizontal level. I am waiting for a breakout, and a close above this resistance level on an intraday candle will confirm the breach. If this happens, we can expect a bullish movement towards at least 1.725. I will provide an update once a breakout is confirmed.
FX:XAUUSD has been reaching 2354 since the opening of the session amid strong excitement. The price is leaving the trend boundaries and continues to form new bullish ranges. Strong bullish trend is realized on the background of important geopolitical news, related to the crisis in the Middle East, Eastern Europe, as well as a huge interest in hedge gold....
On the GBPUSD chart, an inverted head and shoulders pattern has emerged within the 4-hour timeframe. The critical range for the neckline is between 1.2684 and 1.2660. A break and close above this range could be a strong signal to initiate a buy position, either immediately or upon a pullback to the neckline. Anticipation is set for a bullish trajectory aiming for...
🔨 EURUSD is breaking the 🔴 Resistance zone($1.0848-$1.0840) 🔴. 🌊According to the theory of Elliott waves , EURUSD seems to have completed the corrective waves and is now ready for the next five impulsive waves . 🔔I expect EURUSD to go UP at least the 🟣 Yearly Pivot Point 🟣 after breaking the Resistance line and ⚔️ Attacking ⚔️ the upper Resistance...