GOLD is retracing following the bullish momentum. The market has rejected the resistance and bounced off it following divergence. Price may create a head-and-shoulders pattern, which is a reversal pattern. We expect the dynamic support to break and fall to a 50% retracement level. ------------------- Share your opinion in the comments and support the idea...
GBPAUD is going up to a psychological level at 1.94000 following the break and closing below it. Price action created a kill zone at the resistance level of 1.94000 and a 61.8% fibo golden zone. We expect a breakout pullback and continuation trade to complete the AB=CD pattern. ------------------- Share your opinion in the comments, and support the idea with...
GBPUSD moved out of the descending channel and dropped. Price broke and closed below the psychological level at 1.27000. The market created the fibo cluster to short the market, where there is resistance and 38.2/50% fibo retracements. We expect a breakout pullback and continuation trade. ------------------- Share your opinion in the comments and support...
AUDNZD rebounded from the 1.08900 resistance level. Price reached significant resistance on the D chart. The market created divergence following a false breakout of the previous high. We expect a sell off from the level, a retest of the support level, and a 50% retracement level. ------------------- Share your opinion in the comments and support the idea...
✴️ WHAT DOES SMART MONEY DOING: ACCUMULATING OR DISTRIBUTING? SMT (Smart Money Technique) Divergence is the divergence of prices of correlated assets or the relationship to inversely correlated assets. Analyzing the SMT Divergence allows you to determine the institutional structure of the market to determine what the smart money is doing accumulating or...
UKOIL reached resistance, and it created AB=CD pattern. The market is trading in the ascending channel, indicating the bears are running out of steam and the bulls are in control. Price broke and closed above the resistance at 84.00 which became the support level. We expect a pullback, then a bullish move. ------------------- Share your opinion in the...
GOLD is going down in an ascending channel. However, the price dropped from the resistance level into the consolidation zone. The market is trading near the channel boundary. Most likely, it will breakout the channel and go to the support level. We expect a bearish move to retest the support and fibo 78.6% fibo level. ------------------- Share your opinion in...
GBPNZD rebounced from the resistance and 127.20% fibo inversion. The market broke and closed below the support level of 2.1000, which became the resistance. On the D chart, the market is consolidating. We expect a 50% pullback from the resistance if the price makes a false breakout of the resistance. ------------------- Share your opinion in the comments...
AUDCAD is currently pulling back to the broken ascending channel's border. The market is creating a potential H&S pattern following a breakout. Price action is likely to move down from the kill zone zone. We expect a sharp move from the resistance level at 0.88500. ------------------- Share your opinion in the comments and support the idea with like. Thanks...
GOLD is currently trading in an ascending channel, making higher highs. It broke and closed above the resistance level, creating all-time highs. The market is currently consolidating following the bullish move. We anticipate a 50% pullback to the support level and a trend continuation. ------------------- Share your opinion in the comments and support the...
GBPCAD market is trading in an ascending channel; it's consolidating. Price printed the AB=CD pattern and pulled back. The trend is bullish on the D chart. We expect it to bounce off the support level and retest the top of the consolidation zone. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
GBPUSD broke and closed above the descending channel. The price is approaching support and 50% fibo levels. The market is creating a breakout pullback continuation pattern. We expect a trend continuation and potential testing of the recent resistance. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
GOLD bounced off the support level. Price tested the support level and rebounded last Thursday. It might make the same move. The market essentially made a false breakout of the support level at 2150. We expect the price to go up to the retest channel border. ------------------- Share your opinion in the comments and support the idea with Like. Thanks for...
EURAUD broke and closed above the reaction zone in the ascending channel. The market has tested the support level at 1.66000 multiple times. Price made higher highs and higher closes, indicating a bullish trend. We expect a pullback and a continuation trade. ------------------- Share your opinion in the comments and support the idea with like. Thanks for...
AUDJPY has reached the psychological level at 99.00 with massive divergence on the D chart. Price created a kill zone where we have a resistance + bearish harmonic pattern and dynamic resistance. It created a pinbar for the resistance level indication of the rejection. We expect a retracement move from the kill zone. ------------------- Share your opinion...
GOLD is trading in the descending channel. Price broke and closed below the reaction zone. There's a kill zone level where resistance level 38.2% fibo perfectly lines up with it. The market is creating the AB=CD pattern, or equal measured move. We expect a bearish move to complete the AB=CD pattern. ------------------- Share your opinion in the comments...
AUDNZD is currently testing the structure resistance level by completing the AB=CD pattern. It's decelerating while approaching resistance. It created a divergence at the resistance level. The market reached the strong resistance level on the D chart. We expect a sell-off from the resistance. ------------------- Share your opinion in the comments and support...
NZDUSD is trading in the ascending channel, and it created the bullish harmonic pattern. On the 4H timeframe, the market is essentially in the consolidation zone. There is a kill zone for a long opportunity at support and the 88.6% fibo level. We expect a bullish move to 50% fibo retracement level. ------------------- Share your opinion in the comments...