The USD/CHF pair recently formed a bearish channel, hitting the horizontal support trendline before showing a clear reversal pattern on the H4 chart, which is even more apparent on the H1 chart. The price has already broken out of the double bottom and is currently attempting to retest the neckline. I'm anticipating a retest within a continuation pattern,...
💹 Let's dive into Not Coin and the clickable coins on the Telegram platform to see what they are and what they are doing. 🌟 We have a new program on this channel, in addition to daily analyses, from Monday to Wednesday: Bitcoin and its dominance analysis on Monday , Ethereum and ETHBTC analysis on Tuesday , Gold analysis on Wednesday - I hope these bring you...
Hi friend. I think 1.0740 is a good price for long position with 1.0773 like a major bullish target. We have a situation very compaq with gold market. Slowly bearish accumulation growth and slowly bulls distribution without stable bulls volumes. So i thing - upward. Follow me.
EURJPY is moving in an ascending channel near the trend line. The chart has already touched the upper boundary of the channel and is now moving towards the lower boundary. The price is trying to break the trend line. We expect a decline to the lower boundary of the channel. ------------------- Share your opinion in the comments, and support the idea with a...
On the above weekly chart price action has corrected over 90% since early 2021. A number of reasons now exist to be long, including: 1) Price action and RSI resistance breakouts. 2) Support and resistance. Look left. Price action has now confirmed support on past resistance. 3) A weekly life cross prints. 4) Lastly, price action has exited a bull flag. The...
Good morning Traders 😎 Nothing changed from yesterday. I added a buy zone but you will se it’s a mid-high risk zone, so trade it with caution. Keep the likes going and I will keep the post coming 🤝 Trade smarter, not harder! 💼📈 Don't miss out on potential gains - Hit that BOOST button if you like the idea 👍 Share these 👉 and make sure to Follow me for...
While the dollar is a bit dovish we still see investors keen on tanking Gold, while the fundamentals side of things says otherwise. NFP numbers came out hotter than expected which cause a surge in price, as for me I think we will see gold recover from the 3% fall of NFP Friday. What is your view?
This Weekly FORECAST Opportunity for NVIDIA. This setup trading idea is for swing. >> TAYOR Risk Factors: 1. Market conditions, unexpected news, or external events could impact the trade. 2. Always use risk management strategies to protect your capital.
Before anything, pay attention to the time frame of this analysis. The time frame is daily. The THETA structure is completely bearish. Below the candles we have liquidity pool and liquidity void. The main support is the range that I named demand. By maintaining the supply, it can move towards the targets Closing a daily candle above the invalidation level...
Usdcad has ran into resistance on the 15 min tf creating a shooting star. A move down is expected to the four hr support zone of 1.35950.
On the above 12 day chart price action has corrected 90% since early 2021. A number of reasons now exist to consider a long position, they include: 1) Price action and RSI resistance breakouts. 2) Trend reversal. March price action printed the first higher high followed by the first higher low in February. 3) Support and resistance. Look left, the blue arrows....
GBPUSD is moving in an ascending channel between the trend lines. The price reached the lower boundary of the channel, bounced and is back above the dynamic support. The chart also touched the support level, which has acted as a pivot point four times recently. We expect the rebound to continue with a possible retest of the dynamic...
Looks like tatasteel taking support on the trend line, more chances to test 180 on the higher side, lets see if this works
Technical Analysis: USNAS100 The price has reached the resistance line at 19,100, indicating a sustained bullish trend. If the price stabilizes above 19,100, it is expected to continue its bullish movement towards 19,440. However, a retest down to 18,940 is likely before the bullish trend resumes. A break below 18,930 on a 4-hour candle close would signal a...
🚀 Calling all traders! 🌟 XAUUSD is blazing, smashing records with finesse! 🔥 Here’s the latest: 🔍 XAUUSD Overview: 📊 Engaged in a gripping duel between 2299.5 and 2303.7. 🤔 Is a breakout looming? 📉 Bearish Outlook: 📉 Be alert for potential declines if it dips below the range! 🎯 Targets: 2296, 2292. 📈 Bullish Outlook: 📈 Anticipate buying opportunities if it...
As long as the gold price trades below 2384.99, it is in a bearish trend. Gold has the potential to drop even further down to 2044.55 lows if it breaks through the current low of 2285.09. The RSI levels, 41.66 and 39.30, will signal the potential continuation of the bearish momentum below the yellow ema. Fundamental highlights: Gold Price: Gold is trading...
H1 - Strong bearish momentum Most recent uptrend line breakout Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
Friday's nonfarm payroll report took many by surprise to send the USD dollar sharply higher against all of its major peers. And that clearly took it toll on the Aussie, which suffered its worst day in five weeks. A bearish outside week formed, all thanks to an elongated bearish engulfing candle on Friday. AUD/USD managed a minor rebound from its 100 and 200-day...