I'm already participating in long position on a 4H breakout. Good local targets. 1W and 1D can have even better targets.
GOLD OUTLOOK 25 Feb 2024 GOLD moved around $16 between 2015 and 2031 last week, but on Friday managed to break the resistance line at 2031, meaning the market is closing above 2031, supporting a rise to reach 2050 for this week. However, in the first movement, he may correct before pushing up. It then moves between 2037 and 2050, with any stability above 2050...
UKOIL has been making lower highs and equal lows, indicating bearish pressure. Price is testing the resistance at 82.00, the fibo, and the channel's upper border, which is a dynamic resistance. We anticipate a pullback. The market has dropped from this level before. ------------------- Share your opinion in the comments and support the idea with a like....
The upper trendline channel resistance (colored in red on the chart) will soon be broken. I see two paths right now: a shallow pullback to 50K-49K, followed by a rip higher, or direct grind higher within the accelerated (yellow) channel.
This is my view your can be different. So be responsible for your trade 😉 What I think is bank nifty can make hammer in next week and we will get combination of both hammer and inverted hammer. And next to next week market can break this zone and can come to 42000. In next 3 week which is 14-15 th March.
OANDA:NAS100USD This is an exciting moment for the Indices, as the price has shown some interesting patterns. Initially, a double top was formed, which resulted in a decline in price. The price then fell to test the 38.2 level on the Fibonacci retracement, following which an impulsive bullish move occurred, pushing the price to retest the previous highs....
I'm excited to share a trading setup on GBPAUD utilising the Sideway Bounce strategy. Here are the details: - Setup: Sideway Bounce Trading - Short Entry: 1.9324 - Long Entry: 1.9230 The Sideway Bounce strategy is a technique I've tested and traded since 2005, and I find it a comfortable and reliable approach. In this scenario, I'm considering a short position...
The breakout of Solana from resistance marks a strong beginning for upward movement. Furthermore, it is effectively rejecting the 4-hour bullish order block.
Here is my analysis of the GBP/JPY for the upcoming week: - Applying the Quarters Theory, we have the major 189 and 191 levels, along with the half-figure of 190.50 and quarter points of 189.75, 190.25 and 190.75 to watch. Last week, 190.25 provided initial support on the pullback before lower demand emerged at 189.75. Meanwhile, the test of 191 was rejected and...
the price is in a bearish channel and i think in a correction until 1905 its nota signal its my idea use your money management
Up trend on usdzar.. On usdzar it's on 19.20788. Then bounche back again and continue with its uptrend.. Our Tp1 will be on 19.63254 Then our second tp2 will be on 19.90928..
Hi folks today I'm prepared for you Ethereum analytics. Some days ago price traded near support 2, which coincided with the support zone, but later it turned around and declined lower this level to the trend line. After this, ETH rebounded from the trend line and made a strong impulse up to support 1, which coincided with one more support zone, but when the price...
Hello traders, I want share with you my opinion about Gold. Looking at the chart, we can see how the price a not long time ago entered to downward channel, where it first rose to the resistance line, but soon rebounded and declined to the support line, thereby breaking the 2040 resistance level, which coincided with seller zone. After this movement, the price rose...
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Some days ago price traded in wedge, where it bounced from support line and rose to resistance line. After this BTC turned around and in a short time declined to support line, thereby breaking $42000 level. But soon, price bounced from this line, exited from...
CFR is climbing into a cycle high, we can expect that to come at R3,080.00 (1.618 fib level), if it runs further there is R3,190 which is the median line of the Pitchfork (not shown to declutter). The daily chart is building some negative diversion while the weekly is becoming overbought.
My pridection on gold I am looling sell from here my Target point is (2027) I am totaly a price action trader and I work only spot & risistance Follow for more
Gold Price Analysis for the Week of 26/2 - 1/3/2024 • Gold price is expected to end the week positively due to decreasing US Treasury bond yields and lack of significant news. • The XAU/USD is currently trading at $2,038, showing a 0.70% increase. • Gold prices unexpectedly increased last week, breaking through the $2030 range and continuing to trade above...