Now that the silver is above this area of interest at 23.400, the asset is very bullish as it´s forming higher highs and higher lows. i expect the price to reach 25.450 as a the structure remains very bullish. for now, i´m staying breakeven since i didn´t enter the trade at the area of interest and, it could return to this area to continue a bullish rally with...
XAU/USD is currently in a key area near the four-hour high-low. If the price manages to stay below $2150, it would initiate a retracement towards $2060, where it could regain bullish momentum on smaller timeframes, as higher timeframes remain bullish
Currently, Bitcoin is undergoing a trend reversal on smaller timeframes, which could lead to a very healthy pullback. We might see the price reach $60,000 or even $50,000. This retracement is quite healthy as over the past few weeks, Bitcoin has been consistently making higher highs and higher lows.
Now that the previous structure has changed and it is below the area of interest, it is taking on a bearish structure since it broke below the higher low. i expect the price ton drop a bit more this week and then confirm the trend by creating a lower high near the area of interest as i drew on the chart
The trend has returned to the area of interest, and it remains bullish. I’m waiting for a confirmation to enter a long position
this is a beautiful head and shoulders in 4hrs timeframe
The gold is in a bearish trend, creating lower highs and lower lows. I expect a break and retest on smaller timeframes.
The asset is in a downtrend, the weekly, daily, and 4-hour trends are in sync. I am waiting for the creation of a higher low to open a position.
The asset is in a downtrend, the weekly, daily, and 4-hour trends are in sync. I am waiting for the creation of a higher low to open a position.