MartellFxTrader

MartellFxTrader

The chart shows the Dow Jones Industrial Average index on a 1-hour timeframe. A recent strong bearish movement can be observed, with consolidation following a sideways range. The red zone indicates the potential range for a short (sell) trade at the 38,818 level, while the green area represents the potential downside target around 37,258 points. Therefore, the...

MartellFxTrader

In this GBP/JPY daily chart, a strong resistance is highlighted around the red-marked area, located around 197.480. Price action has shown a consolidation range, with a potential downtrend developing. The recent bearish candlestick indicates a possible rejection of the resistance, suggesting that we could see a pullback to lower levels. There is a significant...

MartellFxTrader

"In this GBP/USD chart, the yellow line indicates a fair value gap (FVG) in the 4-hour timeframe. The price is currently in a corrective move towards the FVG, where it's expected to take liquidity before continuing its downward movement. The resistance around 1.26060 suggests a strong zone where sellers could step in to confirm the bearish momentum. The support...

MartellFxTrader

Analyzing the GBPJPY chart on the 4-hour timeframe, I notice a bullish momentum followed by a consolidation, indicating a potential resistance area around the 197.45 level. It seems this level is acting as an obstacle for the price, as it has tested this level before and retraced. The market structure analysis shows a pattern of higher highs and higher lows,...

MartellFxTrader

XAU/USD shows robust support at 2154.30, which has withstood several tests, suggesting strong accumulation at this level. Above, resistance at 2181.31 remains intact, presenting a provisional ceiling for the bulls. Recent candles indicate potential buying, but confirmation is essential for any long position, with an eye on the resistance mentioned as an initial...

MartellFxTrader

After the price fell by more than 1,100 pips in the US30, it has reached a very strong support in the area of ​​31,500 to 31,445 where we hope it will serve as solid support to continue the rise. Set your stop loss low and take advantage of what could be a perfect swing trade opportunity. If you like short-term operations, you can benefit from half the range of...