Monthly, Weekly, Daily, 4H = BULLISH - Monthly Engulfing - Daily Engulfing - 1H & 4H Flag Pattern Breakout - Break and Retest of Pattern Currently ~Still a few days left of January to complete the Monthly Engulfing. ~GBP Major News on Feb 1st (Thursday)- Monetary Policy News ~All Higher and Mid time frames line up with bullish trend along with bullish...
After breaking the bottom of 1,085, the selling pressure was not maintained, the buying force returned strongly and pushed the price beyond the downtrend line. Although there is still no clear bullish reversal signal, it can be seen that the buying side is strengthening through the frequency and size of bullish candlesticks. You should temporarily stop trading at...
After breaking the short-term downtrend line, the buyers were unable to maintain the pressure and the sellers returned later, currently the price is being forced down to the resistance area of 1,082, a continuous change in buying and selling pressure. This shows that the two sides are struggling fiercely in this area without creating any really clear signals....
A sharp interest rate cut by the Federal Reserve will have a negative impact on the US dollar, and even a moderate loosening policy can cause the US dollar to decline. If economic activity and inflation are lower than expected, the Federal Reserve could reduce interest rates. A strong USD is unlikely to return, and gold prices may continue to fluctuate amid clues...
ANALYSIS TODAY: The decline has slowed down and the gold price has recovered slightly in the past session. This move has not brought any significant change, so we continue to keep the old comments, expecting the price to continue to go down. According to the short-term downtrend, the targets are still 2000 and 1980 respectively. Indicator is used: - Chandelier...
EJ has some amazing bullish momentum behind it- and I am looking to continue to ride this trend and long it! I am waiting for at least a 50% retracement and price coming into the daily fair value gap (this is a must for my system!)- then we look for market structure shift on the hourly and attack! This is looking like a very yummy LONG! Follow and Stay tuned my...
UJ has some amazing bullish momentum behind it- and I am looking to continue to ride this trend and long it! I am waiting for at least a 50% retracement and price coming into the daily fair value gap (this is a must for my system!)- then we look for market structure shift on the hourly and attack! This is looking like a very yummy LONG! Follow and Stay tuned my...
ANALYSIS TODAY: EURUSD slipped slightly in the past session and there have been no significant new signals, the price is still maintained below the short-term downtrend line, and the recent accumulation moves of the price reflect that sellers may are accumulating and waiting for a new price push so the outlook is still bearish. Please pay attention to the support...
ANALYSIS TODAY: Retested the 2040 resistance zone in the last session but the selling pressure returned once again. Currently, the price is still in the short-term down channel so the assessment has not changed, continuing to expect the price to go down in the short term. , the targets are around 2000 and 1980 respectively. Indicator is used: - Chandelier Exit -...
ANALYSIS TODAY: After failing to break the 2040 level, the price slid back down in the last session, the price is still in the down channel so the general expectation is still bearish for gold, the short-term target will be the 2000 level respectively. and 1980, these comments will only change when the price can break the current short-term falling channel line on...
We got a confirmed bearish trend for EU on 4H. MASSIVE BEARISH MOMENTUM Now looking for trend continuation to take a short trade. Waiting for at least a 50% retracement and price coming into the daily fair value gap (this is a must for my system!)- then we look for a market structure shift on the hourly and attack! This is looking like a very yummy...
So I chose to cash out my trade at 4760 for about $2250. Trends have a huge case to send us lower, especially if the 6hour keeps signaling lower. All the trends between 30m and 4hr are ALL in a lower low downtrend at the moment. The trends are as follows; Last Macro Trend Signal Spots (ES Contract) 30m - 4778 Downtrend (1/17/2024) Lower Low 1Hr - 4761 Downtrend...
ANALYSIS TODAY: GBPUSD stalled during the weekend session, still stuck in range. Reiterating that although it was not possible to make a higher high in the past 1 month, the bullish signal has reappeared (bullish engulfing pattern), you can continue to hold the existing long positions and still place SL is below the 1.26 resistance level. Indicator is used: -...
ANALYSIS TODAY: After consecutive bullish reversal signals including the spinning top and pin bar pattern, the price has recovered slightly in the past session, however it has not yet broken the short-term downtrend line and has not created a new high, so The situation has not yet changed significantly. You continue to be wary of the possibility of a bullish...
Analysis today: Continued to recover over the weekend but the price was not able to create any notable bullish signals, it is still maintaining in the short-term falling price channel and selling pressure is still present around the resistance level. 2040. Still maintain bearish expectations, at least until this short-term price channel is broken. Indicator is...
Conservative Trend Trade 5R + long impulse + SOS level + 1/2 correction + volumed 2Sp+ + weak test + first bullish bar closed entry Calculated affordable stop loss 1 to 2 R/R take profit with possible extension to 1H chart Hourly chart context - short impulse + volumed T1 + biggest untested volume 2Sp- + uncompleted test into 1/2 + support level + Day support level
GOLD has recently breached its downside structure. Currently, the price is undergoing a corrective phase on the 1-hour timeframe, characterized by the presence of a Gartley symmetry. This harmonic pattern is poised to conclude at a highly probable supply level. In the event of the successful completion of this harmonic pattern, a robust selling opportunity is...
Hello guys, I hope you are doing well. Have you seen Bitcoin? I hope you have used it. Let's check the ING currency, the four-hour time is inside a trending range, it has tried several times to stabilize higher ceilings, but was unsuccessful, now it has fallen again when it reaches the four-hour supply area and has entered the form of a descending channel. It is...