GOLD spiked up, tested the resistance, and pulled back, indicating the bears are in control. Price is testing the resistance level where price dropped before. It is coiling up. We anticipate a bearish move following a breakout of the dynamic support level. ------------------- Share your opinion in the comments and support the idea with Like. Thanks for your support!
Entry taken during London Session. 1. Price Broke the Major Uptrend Trendline, creating a new LH Indicating Sells. 2. Entry Taken at 30 m Break Of Lows.
EURNZD made a pullback, and it's going down with a major trend. It is trading in the descending channel, making lower lows lower closes. There's a kill zone to short at the resistance level, 38.2% fibo level. We expect a bearish and complete completion of the potential AB=CD pattern. ------------------- Share your opinion in the comments and support the idea...
H4 - Bullish trend pattern. Currently it looks like a pullback is happening. Continuing bullish divergence. Until the two strong support zones hold my short term view remains bullish here.
Hello Traders ! On The Daily Time Frame, The GBPCAD Reached a Strong Resistance Level. The Price Formed an Expanding Triangle Pattern. Let's Expect The Bearish Scenario: If The Market Breaks The Higher Low (1.70595 - 1.70440) and Closes Below That, We Will See a Bearish Move... TARGET: 1.69320🎯
Market is currently at the daily horizontal resistance, and the overall trend is bearish. There's a double top pattern formed, and its neckline has broken below. Should I take a retest trade?
Hello everyone. All the numbers on the chart : the Entry , Take profit areas and Stop loss are specified. It seems that the price indicated by the star symbol will be touched before the price indicated by the no entry sign.
BNB is trading inside the sideways path, where it is currently trying to secure the middle line of Bollinger Bands. We are waiting for the perfect setup here, which means to wait for the support or resistance zone to be reached and see how the price is going to reach that zone eventually. After that (getting more confirmations), we can monitor further for a...
GBP/AUD 15M Final Update - What a brilliant trade to be a part of yesterday, as you can see price has gone on to play out exactly as we wanted it to, taking profit early hours of this morning during the Sydney Session. Not only did we take part in the initial move with this trade but we managed to get involved in the re-entry as well. Giving us two opportunities...
Hello everyone. All the numbers on the chart : the Entry , Take profit areas and Stop loss are specified. It seems that the price indicated by the star symbol will be touched before the price indicated by the no entry sign.
I am sharing the important levels of Support and Resistance. These levels plays a crucial role in trading decisions, as they act as reliable markers of price movements. ------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further. ---->Resistance levels, on the other hand, are points where selling...
This stock is taking the support of trendline multiple times and now price is at support level. If this trendline acts as support again price is bullish and test the resistance trendline. If failed then look for short side on retracement.
I am sharing the important levels of Support and Resistance. These levels plays a crucial role in trading decisions, as they act as reliable markers of price movements. ------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further. ---->Resistance levels, on the other hand, are points where selling...
OANDA:XAUUSD is breaking through several resistance lines. But there are a few nuances that hint that this breakout may be false. Pic: Global range and no clear strength among buyer or seller On the two charts from the high timeframe, we see a breakout of resistance. Technically, we should expect further growth. But I am very much confused by the lack of...
Hello Traders ! Yesterday, The AUDCHF Price Formed a Double TOP Pattern. Currently, The Neckline is Broken ! So, I Predict a Bearish Move📉 ------------- TARGET: 0.56650🎯
Hello everyone, welcome all subscribers. Please share your personal opinions in the comments. We ask for your boost and subscription. Australia's CPI has been announced. It showed a consistent slowing of inflation, lower than expected. However, it still seems challenging for the Reserve Bank of Australia to view rate cuts positively. Meanwhile, in the United...
✅AUD_USD is about to retest Horizontal resistance of 0.6615 So after the retest I will be Expecting a local move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Good morning, fellow traders! 🌅📈 Here's the scoop for today: keep an eye on the interest rates announcement later on. It might lead to some consolidation in the markets, so don't expect too much action. I've marked the best zone that I could finde for today's potential trades. 🎯 I've marked it down, and I'll be patiently waiting for the price to make its move...