FX:XAUUSD is trying to consolidate above 2365. This area is an intermediate bottom and plays an important role for the bulls in the medium term. The range of 2365-2400 is being formed. Idea of Apr. 16: GOLD → There's no limit to the bulls' activity. Support retest In general, everything is the same, but after a strong rally, the price makes a small stop...
Good day, EURJPY has the potential to pulse up and drop at the H1, and bearish interest is more below this level (164.710). The price movement followed the ABC price sequence with the H-L-HH SND pattern, and with the waves maxing out, a drop is possible to go below the lower low. The bias is 163.713 to the low of 164.700, with two potential price targets. And...
FX:XAUUSD is trading exclusively in a bull market. Quick and temporary reactions to the news are quickly exhausted and buyers regain the upper hand on the metal's price. Yesterday the price made another retest of the support at 2330, which has the status of an intermediate bottom. This area held the price and after that the market returned to its true...
📊 Analysis: Daily Chart Support: Ethereum (ETH) is currently trading at a support level on the daily chart. Entry Range: Consider entering the trade between $2,850 and $3,050. Profit Targets: Aim for profits at $3,400 - $3,700 or $4,100 - $4,300 resistance levels. Risk Management: Set a stop-loss just below $2,780 to manage potential losses. 📈 Trading...
GOLD broke through the dynamic resistance line and fixed above it. The trading volume indicator indicates that the latest declines took place without the participation of large volumes. We think that the price will continue to grow. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
The daily perspective presents a clear tableau, with the neckline having been breached and an imminent pullback anticipated to establish a foundation at the yellow bar region, before resuming a trajectory towards a potential over 300 take profits. The prevailing technical indicators and market structures all concur in their bearish outlook, rendering any...
Here I have USD/CHF on the Daily Chart! Now we've been following USD/CHF since it created its NEW LOW back in Dec. '23. This LOW I believe sparked the beginning of an Elliot Wave and currently we are looking at what seems to be a possible LAST LEG of this Impulse Move! Price has currently created a HIGHER HIGH @ .90721, so we will be looking for Price to...
It appears that the bearish momentum of EURUSD is likely to continue, and on the weekly chart, it seems the price is on its way to the 1.0000 zone. The supply level above could serve as an excellent continuation level for opening a sell position on the first touch of the price.
The EUR/USD pair has recently encountered significant downward pressure, breaching key support levels. A double bottom pattern, a classic bullish reversal formation, has formed within the downtrend indicating a potential exhaustion of selling pressure. We can expect a retracement towards the broken support at 1.07257.
USDCHF reaching major resistance area on the 1D chart. Possible bearish movement of about 180 pips.
FET has hit a 6.85 just as it did in its last market cycle top. I think that from here there is a chance that it dumps down to the 2.618 area as an initial dump. This is approximately around $1.22. Once this initial dump takes place, it will likely do a nice bounce back upwards, which typically sets up another dump/short opportunity. This bounce will probably...
Head and shoulder formation on 1D chart. Possible downside of EURUSD pair
-Weekly bull move pullback holing right on 26 ema. -Weekly reverse hnd formation. -Daily consolidation area with absorption around the 40% of the original bull move. -Second consolidation with a shakeout around 50% of the move. Entry after a confirmative strong bull candle-move or after a bullish pattern. Stop bellow the pullback move that takes...
🏃♂️ Gold is moving near the 🟢 Support zone($2,373-$2,363) 🟢 and the Resistance line . 🔔I expect Gold to rise to at least $2,405 after breaking the 🔴Resistance zones🔴 . Gold Analyze ( XAUUSD ), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my...
Ideas not advice Supporting area has lasted the attacks of the bears for almost 2 days in the supporting zone. Every time that zone is approach GBP bounces back up Currently, we see supporting structure holding up this demand, liquidity extractions, imbalances from sudden upside has been filled today, so now we will see a drift upwards as the next move. ...
Hi Stacks is in an overall uptrend, moving within an ascending channel💁♂️ After testing the upper boundary of the ascending channel, the price pulled back🫠 After breaking down below the MA 50, expect a potential move towards the lower boundary of the channel🔻 Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank...
End of day update form us here at KOG: Quiet day today on Gold while it only allowed us to scalp using the levels and the daily bias. We wanted the 2395 region but fell just short at 2394, while the support level has continued to hold and give opportunities to long into resistance. So, what now? This range looks like it's coming to an end and there is going to...
On the above 2 week chart price action has printed two significant macro indications: 1) Broken market structure, failed support. 2) A lower high, trend reversal. Beginning from 2023 price action entered an upward channel before a breakout in December. This move in price action created a bear flag pattern. A forecast may now be measured from the last downtrend...