EUR/AUD has made a bullish reversal off a pullback support and could potentially climb higher from here. Buy entry is at market (1.6240). Stop loss is at 1.6200 which is a level that lies underneath a pullback support. Take profit is at 1.6342 which is a pullback resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of...
The bearish AB=CD pattern is a harmonic price pattern used to identify potential market reversals. It consists of four points (A, B, C, and D) and two equal-length legs (AB and CD) that form a specific geometric structure. Here’s a brief overview: Structure of the Bearish AB=CD Pattern 1. **AB Move**: An upward price movement from point A to point B. 2. **BC...
Price is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance. Pivot: 0.8547 1st Support: 0.8530 1st Resistance: 0.8581 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be...
CAD/JPY is rising towards the pivot and could potentially reverse to the 1st support. Pivot: 114.77 1st Support: 113.03 1st Resistance: 115.88 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please...
NZD/CHF is rising towards a resistance level which is a pullback resistance and could fall to our take profit. Entry: 0.55902 Why we like it: There is a pullback resistance level. Stop loss: 0.56759 Why we like it: There is a pullback resistance. Take profit: 0.54882 Why we like it: There is a pullback support level. Please be advised that the information...
Here on gold price has breaking the trendline and now moving down so the targeting profit should be at psychological level of 2400.000
hi traders, ARBUSDT on 1D time frame looks primed for a trend reversal. We can that the price formed a falling wedge pattern. Once we get a successful breakout, a long position can be taken. 3 targets are shown on the chart. Good luck
The golden market seems to have been making higher lows on its way up, so we might expect another retest on our previous minor resistance resulting in another HL before price pushes higher to break the main resistance. But also keep in mind that price formed a bearish harmonic pattern which may cause the bullish structure to fail when reaching the main...
EUR/AUD is falling towards a support level that lines up with the 78.6% Fibonacci projection and could bounce from this level to our take profit. Entry: 1.61539 Why we like it: There is a pullback support level which aligns with the 78.6% Fibonacci projection. Stop loss: 1.60030 Why we like it: There is an overlap support level which lines up with the 127.2%...
Price is rising towards a resistance level which is slightly above the 161.8% Fibonacci extension and could potentially drop from this level to our take profit. Entry: 0.66883 Why we like it: There is a pullback resistance level which is slightly above the 161.8% Fibonacci extension. Stop loss: 0.67211 Why we like it: There is a pullback resistance level which...
Hello Traders In This Chart CADJPY HOURLY Forex Forecast By FOREX PLANET today CADJPY analysis 👆 🟢This Chart includes_ (CADJPY market update) 🟢What is The Next Opportunity on CADJPY Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
HUBC is currently in uptrend but there is a bearish divergence printed on 7th may 24 there's a chance of reversal from here short entry is recommended after the breakdown of 131.24 with sl of 144 and tp 118.48
This is SPY Weekly. I have clearly explained the levels. If you have any doubts make sure to DM me. NOTE:GO LONG ONLY WITH DEFINED SLs
Earnings questions? You've checked the right Idea. "When in doubt, zoom out." Color Coated a lot of these crayon lines for you bois. LOG SCALE Arrows on last earnings and upcoming earnings... I've only seen more and more AI growth/hype... Shorting this is like shorting EV's in 2020 #NotTheTime... "NVDA 1150 by May" ;) - Prof Everything is "lining" up here...
Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You...
Before the end of 2024 we will reach a new ATH @ around 110k. The next months we will rocket!
this is a false breakout imho , the dollar is still in a strong uptrend and most major banks see dollar strength continuing . Goldman & JPMorgan see fair value for this pair at 1.05
XAUUSD is falling toward the pivot and could potentially bounce off and rise toward 127.2% Fibo extension Alternatively, if price breaks below the pivot, it could continue to fall to another overlap support level Pivot: 2410 Support: 2374 Resistance: 2474 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only...