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Buyzone

Diverse Trading Scenarios ExplainedGBPUSD is on a Weaker Bull Trading setup, if you are looking for buying opportunity there are 2 trading opportunities for you. The Bullish Shark Pattern may form on the daily chart at 1.2343, alternative you could wait for a retest of support at 1.2559 on the 1-hourly chart. If you are looking for counter-trend trading opportunity, the 1-hourly chart do have a bearish abcd pattern that is completing at 1.2651. What is your trading strategy, comment down below.
Long
by RaynLim
NZD/ CHF !! Aiming for higher highs during the week✍️ NOVA hello everyone, Let's comment on gold price next week from , Last week of November 🔥 Identify: Prices are in a long-term upward trend at the end of the year. During the week, the price will adjust downward after reaching the resistance area but will continue to increase to reach a new peak 🔥 Technically: Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows: Resistance: 0.53950 Support : 0.53350, 0.52900 🔥 NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
Long
by Nova-Scalper
Scalping XAU! sideway accumulates Gold price today⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) is facing difficulty in taking advantage of the small gains made yesterday and is fluctuating within a tight trading range, remaining below the significant psychological level of $2,000 during the first half of the European session. Currently, investors are hesitant to make bold bets on the market's direction and are instead waiting for further clarification on the Federal Reserve's plans regarding interest rate hikes. ⭐️ Personal comments NOVA: Sideway accumulation zone, suitable for scalping. The price trend is still following the rhythm of downward adjustment and BUY recovery ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $1988 - $1990 SL $1985 Scalping TP1: $1993 TP2: $1996 TP3: $2000 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order. ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDLong
by Nova-Scalper
1
GOLD has 3 scenarios in here gold need to reach 2009/10 level first.then we are creating a good game plan for gold because the trading plan is important to the day trading. Let's begin: 1.In here i expect gold hit 2009/10 and do a big down with a high volume.the correction which is bigger than the move will move the pair down and turn bullish to bearish. this is my wrost case one because i am a buyer until the war will have done 2.If price able to breaks the level with good inefficiency we do long but we have to wait for the breakout first 3.best scenario is this part because i have already told according to the WAR commodity and the US index will be moving to the same side .it can be happen and you can see it.so if reaches that level then do a decent correction we do long till 2020/2025 level that is my plan on gold
OANDA:XAUUSDLong
by rasindu2003
EURUSD IDEA 12-11-2023We traded into a monthly imbalance without fully closing it up top. the red lines indicate monthly weekly daily liquidity at the bottom and daily/weekly liquidity at the top. i dont expect pwh to be taken out this week, i expect price to go down and take out at least fridays 3 november low to then bounce back up from 1.06250 area or 1.05500 area. On the 4h chart we can see impulsive move up from the 6600 area but once we got up to 7000 zone we had a big bearish rejection followed by a big impulsive move down which to me indicates the possibility to move further down. after the impulsive move down we started to have slow price action moving back up indicating a retracement, not a lot of strength, not a lot of willingness to go up, bringing price back to a balanced level to end the day and the week. My expectation for monday is for price to return to the supply in the 7250 area that caused the ltf last break of structure down and then continue a short term bearish movement till we get to 6250 or 5500 area. One other scenario i could expect to happen is to go up to take pwh, fully close the montly imbalance at the 8000 area, where there is also a h4 supply from 4 September, and then move down to fulfil the scenario I described above. So for next week i will be waiting for price to get to this zones, see how it gets there, and wait for a confirmation to enter the trades. I will be looking for sells from the 8000 zone and 7250, and I'll be looking for buys from 6250 zone and 5500.
by daniel_dobos