Short positions below 1998.00 with targets at 1985.00 & 1975.00 in extension. As long as the resistance at 1998.00 is not surpassed, the risk of the break below 1985.00 remains high. Keep a keen eye on the New York session. For additional insights into my trading strategy, feel free to reach out to me via DM. My inbox is always open for discussions and questions.
Set a sell limit at 2045.65 with targets at 2040.67 in extension. If 2035.111 continues to act as resistance, expect choppy price action with a bearish bias. The critical sell level remains at 2045.65 for today. After the CPI impact news , I anticipate the price to sustain its bearish momentum and continue moving downward. Keep a keen eye on the New York...
Gold remains in a bearish trend from a higher time frame perspective. However, today, I anticipate a bullish move during the New York session. Let's keep a close watch and see if the market aligns with our analysis. Join me in the New York session for updates and insights. 📈✨ All trades given are based on my analysis and therefore would provide varying...
The critical sell level for today remains at 2035.111. With no impactful news, I anticipate the price to sustain its bearish momentum and continue downward. Keep a keen eye on the New York session. For further insights into my trading strategy, feel free to connect with me via DM. My inbox is always open for discussions and questions
Happy New Year! Welcome to a year filled with endless possibilities in forex trading. It's great to be back. Now, let's dive into the charts. Key Points: Market Analysis: Upon examining the charts from a higher time frame, we notice a potential sell trend emerging. However, it's essential to remain open to long positions as well. Decision Making: The choice...
Taking short positions below 1998.00 with targets at 1988.00 & 1983.00 in extension. If 1998.00 persists as resistance, anticipate choppy price action with a bearish bias. Keep a keen eye on the New York session.
Consider opening short positions below 1974.00, with targets set at 1958.00 & 1952.00 as potential extensions. The recent breakdown below the crucial support level at 1974.00 has set in motion a rapid downward trajectory towards the 1952.00 mark. Let's keep an eye on the New York session.
Consider going long if the price is above 1854.00, aiming for targets at 1865.00 and potentially 1875.00. There seems to be temporary stability with a support base at 1854.00. Let's keep an eye on the New York session.
With the price showing bullish momentum, it's apparent that this week's trend will likely continue in a bullish direction until it reaches the three specified levels for the rise. After that, we can anticipate a resumption of the sell trend. In any case, focus on identifying potential buy entry points primarily during the New York trading session.
Today, my forecast is that the price will likely test the 1800 level before rebounding to create a new high. Afterward, we might see it form an 'M' pattern, signalling a potential opportunity for a selling position.
Think about going long above 1819.00 with target levels at 1829.00 and 1833.00 for possible extensions. 1819.00 seems to be providing some support, which could mean things stabilize for a bit. Keep an eye on these trades during the New York session.
Consider going long on positions if the price rises above 1815.00, with potential targets at 1826.00 and 1833.00 in extension. While there's a possibility of the consolidation phase continuing, it's expected to have limited duration and impact. Here are the recommended trades to consider during the New York session.
Let's delve deeper into this trading strategy. We're contemplating taking short positions if the market price falls below the 1829.00 mark. Our profit targets for this short position are set at 1814.00 and, further down the line, 1807.00. However, there's an important condition here. To execute this trade, we must keep a close eye on the resistance level at...
Short positions below 1849.00 with targets at 1830.00 & 1800.00 in extension. As long as 1849.00 is resistance, look for choppy price action with a bearish bias. Today’s Prophecy: We wait New York Session No Impulse Entry Only Taking Trades from Low or High Trade Time: 3:00pm Nigerian Time
Looking at the monthly chart is like taking a step back and gaining a broader perspective. It allows us to spot potential trends and reversals that might not be as visible on shorter timeframes. When a new monthly candle forms, it can be a significant event, often indicating a shift in market sentiment or a continuation of an existing trend. However, it's...
Today's outlook presents an interesting scenario for Gold trading. Observing the chart from higher timeframes, it appears that the buy level hasn't fully completed its cycle. Transitioning to lower timeframes, we noticed that Gold was expected to test a specific level, but it retraced upward instead. In today's trading session, we anticipate that Gold might reach...
What to expect: Based on our analysis, gold has respected our positions and reached the level of 1963. We anticipate that gold will continue its downtrend. According to the shared screenshot, we expect gold to consolidate around the range of 1963-1966 before the New York session. This consolidation may trigger stop losses and lead to a continuation of the...
Get ready for an exciting week in the forex market! Our analysis across various timeframes reveals some interesting opportunities: XAUUSD: We anticipate a bullish trend continuation for today. Keep an eye on the price action. XAUUSD Retracement: If the price reaches the previous high of the week (PHW) and forms a triple top pattern, a potential sell opportunity...