BUY ABOVE - 18720 SL - 18650 TARGETS - 18750,18800,18830 SELL BELOW - 18650 SL - 18720 TARGETS - 18580,18480,18410 Trade Safe & Happy Trading Guys This is only for educational purpose so TAKE YOUR OWN RISK REWARD
GBPCAD: Although limiting wage increases should, in theory, help the Bank of England (BoE) tame inflation, such a decision could pave the way for union strikes and put the UK economy in a tougher spot than it already is. Meanwhile, the uncertainty surrounding this issue is likely to cause investors to stay away from Pound Sterling. GBPJPY: On the Japanese Yen...
There are number of psychological factors that make it very easy to assume that it is what you don't know about the markets that causes your losses and lack of consistent results. join me here as I coach you to rethink again. Let prove to you that the consistency you seek is in your own mind and not the market. When you look at BTC USDT chart we can see a sudden...
Even though the bigger picture is not quite perfect, those who are hopeful for a rise in gold prices are still trying to hold on. The market's perception of the Fed potentially increasing wages twice could impact gold. However, if risk aversion grows, gold can be a safe investment. Key support for gold is at 1,900 and resistance is around 1,940.
In terms of momentum, Ada does not have the conditions to rise, therefore, after breaking the short-term trend line, it can descend to the drawn supports, and by examining other conditions in these areas, we will decide whether the conditions are necessary for the price to rise or not.
On Friday we saw a decline which we look as a correction of the rise to 1,0634. During this week we will watch for ending of the correction and buys opportunity. The goal will be passing above 1,1000 and heading towards 1,1080. Key support area are the levels around 1,0780.
For the longest time, I've been saying that the correlations between the currency pairs have been weakened. Traders have asked me why I have NZDJPY and NZDUSD in my portfolio. Doesn't it move in the same direction? Over the years, these correlated pairs move pretty differently. And recently, the WTI and Gold have no longer moved in an inverse relationship. So...
I don't see how the USDJPY movement will turn bearish this week. I will focus on the buying opportunity at the support at 143.20 or a trendline retest. Both would require a Magic Candle Confirmation before engaging in the trade. If you are waiting for a counter-trend trade, the Bearish Bat Pattern on the daily chart(right) 149.12 seems like a better trading setup...
FX:GBPCHF This look bullish on the higher TF, so we will be looking for bullish momentum setups on the lower TF to go long "disclaimer: this is not a signal, just a trading guide/idea"
This is how I've identified the GBPUSD is going higher than most traders. If you look at the weekly chart, you would have spotted that the candle broke and close above the previous high; that gives me a sign even before it broke the current structure, and I've been saying that for over a month now. I'm focused on getting the buying on the buying...
Look at the higher timeframe(right), on the Weekly chart, and have your focus on the retest of the previous high. Not only it fails to close above the previous high, but it also has an RSI Divergence. On the bigger picture, EURUSD is on a Bearish Move. I'm not saying you can't make money if you have bought EURUSD, but you shouldn't stretch your target when you...
KUCOIN:DOGEUSDT The price could not break the LL and attacked the LH, and after breaking it, the main target is the 0.081 range. I expect the drawn trend lines to direct the price to the specified targets, and if these lines are broken, I still expect the support of 0.071. and form new HHs
Considering the return of the price from the resistance range and also the negative divergence in the RSI, we expect to have a correction from this range... WOMAN , LIFE , FREEDOM✌
Price went down as exacted in my previous analysis and broke previous lows. We can also see new bearish trendline formation and price is currently testing newly formed resistance 1937. I expect bearish move, but if price breaks it, then I advise you wait for a retest and opportunity to buy.
Yesterday EURUSD failed to hold above 1,1000 and started correction. We’re currently at 61,8 of the last rise and we will look for reaction from these levels. No entry grounds for now, but upon pullback we expect ew test of 1,1000. Upon breakout the main resistance remains 1,1080.
gold had a extreme fall during this week and last week and we had expected that gold will fly again as in my previous anylsis i have stated that gold has made a wedge which was according to me will lead gold to 1966 but i had pumped tha price from 1948 to 1955 and then price has failed to maintain the bullish momentum and the price broke daily support level and...
Tesla, under Elon Musk's leadership, is spearheading an automotive revolution with its focus on vehicle autonomy, which significantly influences its market value. Even though full self-driving capability hasn't been achieved yet, this prospect alone has powered Tesla's value, contributing to a remarkable 130% increase in its stock this year, with a notable 34%...
Palladium, which hit an all-time high of $3433 in March 2022, has since experienced a major downturn, plunging below the $3000 support level and losing 34% of its peak value by the end of that month. The downward trend persisted throughout 2022, breaching the critical $2000 level in October. A significant bearish move in February 2023 further pushed the price...