What a beautiful Heads And Shoulders is forming on Silver Chart ?! I've identified an intriguing development on the Silver chart, with a potential Head and Shoulders pattern in the making. Currently, we find ourselves at the second shoulder, marked around the 23.000 levels. If Silver manages to breach the critical 23.800 resistance, it could set a course for a...
the FX:GBPUSD pair is currently under intense pressure, and it's just broken through a crucial support level at 1.22800. The charts are revealing an interesting story as our Fibonacci retracement suggests that the next stop might be around 1.1800. What's even more intriguing is that this level coincides with the last major resistance point on the chart. The...
I've got a quick update on the Gold chart that you need to know about. It appears we're in the midst of a classic Head and Shoulders pattern, and there's room for more downside ahead. Gold has been shaping a textbook Head and Shoulders pattern, and the recent break below the critical support level at 1910 is a significant development. This break suggests a strong...
The FX:GBPUSD chart has been shaping the right shoulder of the head and shoulders pattern, a common indicator of bearish sentiment. The chart displays the classic head and shoulders pattern, which often suggests a bearish trend. We have already seen the formation of the left shoulder and head, with the right shoulder in the making. This recent price action...
Silver is showing signs of entering in a bear pattern, lets consider also the double top before the pattern started. what do you think?
A repeating pattern and strong economic events for the next week shows that oil may sink in the upcoming week or will oil prices continue to rise because of the war in Ukraine?
Crude Oil USOIL seems to be following a very similar pattern Following this Idea, the next two days we'll be waiting for a pull back to 100 level, and then get into another rally. The Question is, Will Crude Oil Stay on pattern? or news and the economic calendar will take it out?
EURUSD Is reaching the same levels reached during the first strike of Covid-19. Which may mean a possible turn 'till this summer. The Dollar TVC:DXY has also reached really high levels which could possibly mean a big pullback soon! Is it a good time to invest in Europe?
We know how istitutions and people in general are moved by emotions, and chart partherns most of the time will USOIL behave in the same way? There are few events in the Economic Calendar for the next week previewing a rally on the dollar, which may cause Oil prices to plunge a bit
This is my XAUUSD Idea for the next few day, based on events calendar and chart analysis