Price has tried in the past days to continue the upward movement but have failed . Upward movement seems lost . Price traded within the flag pattern for a while only to break it to downside . I expect the downward movement to continue after the retest of the lower limit of the pattern is completed . Next possible Target being the support @ 0.64623 !
EURCHF: Structure Analysis The price broke out of 0.9690 showing strong bullish volume. This movement was also supported by the SNB, which decreased interest rates last week, thus being the first central bank to start the cycle of lowering interest rates. This decision created a bearish wave in CHF pairs. The price may therefore be ready for another bullish...
The price of gold will decline for a while. The price target is 2134-2100 or maybe more.
SNXUSDT has broken out of a downtrend channel, and the pullback has shown a strong bounce, presenting a favorable opportunity for bullish movement. The important demand area serves as a good zone for re-accumulation if the market provides the opportunity. In the event that the price continues to hold up and breaks our immediate resistance level, our plan is to...
Hello guys I am seeing a good buy from here on xauusd with a safe take profit of 80 pips and an 40 pips sl so let's catch and win this trade together.
Yesterday EURUSD bounced back from the 1.0855 resistance. The week is developing according to expectations and we are seeing weak movements. Today we will watch for another decline and a test of 1.0800. We remind you that most of the markets will be closed on Friday! That's why all positions have reduced risk!
#Auction Bounce Token forms falling wedge, would be completed. Need to stand above Kijun and then bullish as shown.
OANDA:XAUUSD Gold price trades in the red below $2,180 early Wednesday, reversing the previous day's uptick to $2,200. The US Dollar remains on front foot, as market sentiment sours and the USD/JPY uptrend regains momentum. Focus shifts to Fed Governor Waller's speech. Gold (XAU/USD) has lacked directional conviction since the beginning of 2024, with prices...
#GOLD...well guys in today we have 2181 as important resistance, if market hold it then drop expected from here, Keep close it and manage accordingly. Good luck Trade wisely
I am still bearish on XRP for the time being & we can see a clear trendline liquidity building up 7 being ready to get taken out. That is when I will look to load up buy positions. However, if this scenario don't work out, my orange zones is where I will look to Dollar Cost Average into buy positions. After a break above each orange zone, I will open a new...
According to the structure of the corrective pattern, it is expected that the price will fluctuate between two resistance and support ranges. Then, according to the behavior of the price in the specified time range, an upward trend is expected to form
Due to the formation of the expansion triangle pattern, it is expected that the strength of the formation of a strong upward trend will not be established. Then one or two more corrective waves can form in the current support range. Next, the red support range can also be available
As long as the price fluctuates above the green support range, it will have a chance to continue the upward trend. If the price crosses the red resistance zone, the continuation of the upward trend is likely, and otherwise, the continuation of the correction trend is likely
It is expected that a trend change will be formed in the current support range and we will witness the beginning of an upward trend. By crossing the resistance range, the confirmation of the upward trend is formed and price advance can be formed up to the specified resistance levels
Considering the behavior of the index in the current support range, it is expected that a trend change will take place and we will witness the beginning of an upward trend. Then it is expected that the continuation of the upward trend will be formed up to the level of 138%