After 9 consecutive days of a bearish trend in Gold, the price is currently consolidating with a pullback at the 1812.14 price level, a significant support level from its past history. On smaller timeframes, price action has been ranging at this level. The next move could determine whether we'll witness a trend reversal or a trend continuation. Share your...
#DXY 1D Analysis The price is currently in the process of retesting the previous key zone, which is also in confluence with the trendline. If the price pulls back from the trendline and the key zone, there is a high probability of bullish continuation. However, if the price breaks and closes below the key zone and trendline, there is a high possibility of a trend...
EURUSD has experienced a significant 7-week bearish trend, and the price is currently positioned at a major key zone. Interestingly, for the first time in 7 weeks, the weekly candle for EURUSD closed in a bullish fashion, indicating the potential for bullish momentum to push the price higher. Whatever unfolds this week will play a pivotal role in determining...
Gold price is close to the major keyzone which will serve as support. I expect price to consolidate at the region for a while before breaking the support to continue the downtrend, or price may reverse at this key level. What's your thought on this?
Price is cooling off a bit at this minor support level before the downtrend continuation. I expect price to get to the 1.18084 region which is a major keyzone. What's your thought on this?
EU on Daily daily TF. I anticipate that the market will continue the downward trend after breaking this major support and retesting it. However, if price breaks and closes above the flip zone, my bias will change to a mini uptrend What's your thought on this?
last week, we saw a minor uptrend in the price of XAUAUSD, though i was anticipating a more bearish move to 1886.97 demand zone, price is currently at the resistance of this descending trendline. A break and close above this trendline would signal a more bullish trend. While a rejection and close below the trendline would mean the bearish continuation. What is...
I am anticipating that the price would continue in an uptrend after breaking this resistance, there is a retest happening now. If price shows a bullish signal, then we will go long, but if price breaks below the support, there may be some correction to the downside.
Price is presently at my 4hrs resistance level. if price breaks and close above this level, i anticipate price to continue the uptrend up to the next major Supply zone 1.38694. However, if price is rejected at this level and continues to drop, we may see a minor pull back before the uptrend continuation again What is your thought on this trade?
Gold has been rejected 4 times at this resistance level and it's already showing a sign of weakness. If price breaks the minor internal trendline, i would be looking for a sell trade and my TP are at minor supports. But if the price breaks the market structure above the descending trendline, i would be ready to go long on this trade
Just like #DXY, EURUSD is at a major key zone which has served as resistance and support in the past. Price is presently reversing off the keyzone. This week, i expect price to either break and close below the support for bearish continuation or price would reverse a bit to the trendline. I was anticipating an uptrend last week after breaking the descending...
DXY is back ay the resistance (Supply zone) which has held severally in the past and it has formed double top. There are two possible thing that could probably happen this week. It's either the price continue to drop or the price would reverse and break the resistance and What's your thought on this?
EU is still in a downtrend, after breaking and closing below the demand zone, this level will now serve as resistance. I expect more push to the downside once price breaks the minor trendline from this level. However if price pushes up and close above the keyzone, my bias would change temporarily. What is your bias?
GU has broken and closed below the major support that has been holding it for a while, I expect continuation of the bearish trend and i will look for a sell position. However, if price reversed and closes above the keyzone, my bias would change to minor bullish. What's your thought on this?
UJ is presently still bullish, price has broken the trendline and presently getting rejected at the current resistance level. If price breaks above the resistance i will look for a buy entry. What is your bias?
AJ is presently in a bearish trend on a higher timeframe, if the price breaks below the trendline and support, I will look for a sell entry to the targeted area below. However if price continues to go up and breaks the trendline above, my bias will change to bullish. What's your bias? kindly comment below
Here is my short analysis on USOIL, if price breaks above the 80.35 price level, will look for a buy entry and my first target would be 81.64, if the price continues to be bullish, I have marked other Price targets above What is your bias?
If the price breaks and closes below the current support, I will look for a sell opportunity, but if price remains above the support level and breaks the bullish trendline, I will look for a buy opportunity