Gold Prices Showing Early Signs of Potentially Bearish Reversal Top Gold prices are facing a potential reversal as Treasury yields rise and the U.S. Dollar strengthens. Despite this, gold retains its appeal as an inflation hedge and safe haven amid geopolitical tensions. The market shows a struggle between bullish and bearish forces, with technical analysis...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed Impulsive Waves " 12345 " and " ABC " Corrective Waves RSI - Divergence Break of Structure Rising Wedge as an Corrective Pattern in Short Time Frame S / R Level
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. wave v of (iii) was completed, im waiting for decreasing in wave of (iv) and continuation of growth. Entry zone: 120 - 90 Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next...
Here is our detailed technical review for GOLD. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 2284.284. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 2224.888...
Here is our detailed technical review for EURCAD. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 1.460. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.464 level. P.S We determine...
Please, check our technical outlook for US500. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 5200.3. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 5282.0 level. P.S The term oversold...
CCJ Potential Breakout Analysis Cameco Corporation ( NYSE:CCJ ) is currently showing signs of a potential breakout back into Stage 2. Breakout Confirmation The stock price of Cameco ( NYSE:CCJ ) is approaching a critical resistance level. The trading volume is increasing, indicating growing investor interest. Key technical indicators suggest a bullish...
Regrettably, our Tesla trade within the 2-hour timeframe faced an unexpected stop-out. The anticipated completion of Wave 2 hasn't manifested, evident in the broader timeframe. Initially, we presumed it concluded at 50%, specifically at Wave C around $195. This presumption was invalidated post the recent earnings call, signaling a potential double correction....
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
100 pips bagged successfully. LDN session confirmed.. profits taken. NY session open in a jiffy, whats next for PA?
Based on the time the price stays below 18464.70, we will be able to understand which cycle's degree is on the edge. Given that the time for a T+5U is not over yet, we expect to return to the absolute top in the next months (> 18464.70), but before we have to close a potential T+3/T+4 downward cycle.
In our exploration of the stock market, we don't limit our analysis to just short-term charts; we delve into the longer horizon as well. Ford has particularly caught our attention. Our initial entry into Ford was at $10.30, a point which, upon reviewing the broader picture, appears to have been very close to the bottom—hopefully, the lowest point it will...
4H is swing bullish M15 is swing bullish => current is pullback dow We will buy up when the price passes through IDM and approaches the OB zone, then in the 1 or 5 minute time frame there is an increasing CHOCH signal.
The show must go on. For gold, we are witnessing further all-time highs. However, we also expect a reversal soon because we don't have much room or options upwards unless we've made a significant miscalculation. We are considering the level between 161.8% and 227.2% as the maximum for the subordinate Wave (iii) we are currently in. We are still working to complete...
Could this be a possible sell for USDCHF? Based on what the market is showing, i see a daily double top forming at a major zone, the market is currently at the fib zone, let's see if the news will favor the anticipation to the downside. feel free to share your views.
The trade is developing very nicely according to my previous idea. I´m looking for retracements to add new positions along the way. Retracements may happen soon as we broke structure (taken out previous lows) and are getting into oversold territory.
Here I've established a downwards channel on the four hour chart of Bitcoin. I'm attempting to time the breakout of the current potential consolidation channel. The white line with question marks added, is to illustrate the need for a new low, so that we might establish the change in sentiment visually, when it happens. The low, will provide us with critical...