Buysignal
XAUUSD Trend Analysis For Buy and Sell SetupXAUUSD is Heading Low as Expected from 1800s and got Rejection from 1.618 and Heading Sharpley Towards 2.618 area Which is perfect Zone with Two Confirmations 1. Resistance Become Support Zone 2.Rally Base Rally (Demand Zone) on the 1 Hour Time frame.
Should XAUUSD comes to 2.618(We can Create Buy Positions) and We can see a Sharp Increase to the upper Supply Area Which is Around 1754 area and Get rejection from that area(You can Place Sell orders).
Happy Hunting ;)
Regards
MuSaQ Forex
GoldViewFX - 1H CHART UPDATED LEVELS & TARGETSHey Everyone,
We have updated the 1H chart with the most upto date weighted Goldturns.
Technically we have broken 1755 Goldturn opening the lower Goldturns, However if we see price find support at 1742 then we will see a challenge at 1747 and 1755. We will then look for EMA5 CROSS AND LOCK above 1762 to open the upper targets with a AXIS target at 1786. Failure to break 1762 will see price back in the Bearish Goldturn channel into the lower targets.
We are at a central range so it will will be critical to trade this level to level using the Goldturn break and close strategy to determine move level to level.
We need to take extra caution trading this week due to JACKSON HOLE this week and can expect big moves in either direction. A lot of the sentiments are being priced in as we saw negative pressure on Gold already last week.
BULLISH TARGET
1747
1755
1762
BEARISH TARGETS
1742
1736
1730
SWING RANGE
1723 - 1716
The best way to trade JACKSON HOLE is to wait for the move and patiently let the momentum exhaust, measuring the momentum using the Goldturns. Ideally we would like to see movement down as deep as the momentum allows, establish a floor and then organically ride the movement up. If it heads up from the start then we already fall in line with our long term projections for Gold with our Axis target providing exit should we decide to get in on any buy signals in VIP.
As always we will keep you all updated with any changes to our plans throughout the week. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
btcusdt longDear friends and companions, as you can see, the previous signal hit the target very accurately and the chart is talking to you.I will make a purchase from here with a target of 24000 and a loss limit of 20700. Don't forget to like and comment.
$KBR is showing signs of moving higher!Notes:
* Very strong up trend since 2016
* Great earnings track record
* Basing for the past ~5 months
* Created a double bottom and is now approaching the top of the handle
* Recently bounced off of its 50 day line
* Offering a low risk entry
Technicals:
Sector: Industrials - Engineering & Construction
Relative Strength vs. Sector: 2.23
Relative Strength vs. SP500: 2.26
U/D Ratio: 1.52
Base Depth: 28.54%
Distance from breakout buy point: -7.85%
Volume 10.62% above its 15 day avg.
Trade Idea:
* You can enter now as the price is still close to its 50 day line on stable volume
* If you're looking for a better entry you can look for one around the 51.8/9 area as that should hold as support
* If you're looking for a safer entry you can wait for a break and hold above 53.26
* This stock usually has local tops when the price closes around 15.01% above its 50 EMA
* Consider selling into strength if the price closes 14.81% to 15.21% (or higher) above its 50 EMA
* The last closing price is 4.37% away from its 50 EMA
S&P 500 Signalling Buying Opportunities?As expected, the S&P 500 has reacted to the daily 200 simple moving average
which is acting as resistance.
Basic indicators such as the moving average can tell us before the fact where
price may struggle and potentially reverse.
This move is not a reversal at the moment, a barrier has been formed, and it
will just take the buyers a bit more effort to break above this level.
We have seen some bullish impulsive moves recently, and if the long-term trends
are still intact, then the 200 sma should be broken soon, and then we want to
see price go on to create new all-time highs. Patience for now, but we may soon
be looking for buying opportunities again.
If you like enjoyed this post, make sure to like, and follow for more quality content!
If you have any questions or comments, comment below. We reply to every comment!
See below for more information on our trading techniques.
As always, keep it simple, keep it Sublime.
HOTUSDTHello my dear friends
According to the shadow of the candles, higher ranges have been consumed.
On the condition of maintaining the range of the specified flag limit ($0.00258), we can expect the formation of an increasing trend up to the specified range.
We would be happy to hear your comments.
$ZGN an IPO coming up on the right side of its base!Notes:
* Coming up on the right side of its IPO base
* Has been using its 50 day line as a dynamic level of support
* Recently broke above an important resistance level around 11.22 with higher than average volume
* Has been increasing steadily in price and volume
* Printed a pocket pivot with squatting price action (not ideal)
Technicals:
Sector: Consumer Cyclical - Apparel Manufacturing
Relative Strength vs. Sector: 1.04
Relative Strength vs. SP500: 2.37
U/D Ratio: 3.51
Base Depth: 39.96%
Distance from breakout buy point: -9.73%
Volume 117.75% above its 15 day avg.
Trade Idea:
* I particularly don't like the squatting price action at the moment so I personally wouldn't enter now.
* If the price holds above 11.22 and stops squatting I may consider entering
* If you want to enter now you can as the price is just above the broken resistance level of 11.22
* If you're looking for a better entry you may just want to wait and see how the price behaves around this level
* I'll post about this again if it makes better progress.
Is $CCJ ready to start coming up on the right side of its base?Notes:
* Strong up trend since March 2020
* Good earnings in the recent quarters
* Has been basing for ~5 months now
* Seems to have formed a double bottom with a handle
* Printed a pocket pivot with a bullish pin bar in the last session
* Red lines denote historical levels
Technicals:
Sector: Energy - Uranium
Relative Strength vs. Sector: 2.32
Relative Strength vs. SP500: 1.64
U/D Ratio: 1.02
Base Depth: 57.8%
Distance from breakout buy point: -21.39%
Volume -6.15% below its 15 day avg.
Trade Idea:
* You can enter now as the price is close to its 50 day line and is offering a potential early entry
* If you want a safe entry you can wait for a break above 26.16 as that is immediate resistance
* This stock usually has local tops when the price closes around 20.97% above its 50 EMA
* Consider selling into strength if the price closes 20.77% to 21.17% (or higher) above its 50 EMA
* The last closing price is 5.76% away from its 50 EMA
Is $GIS ready to move higher?Notes:
* Very strong up trend on all time frames
* Great earnings track record
* Breaking out of a base on base pattern of about 4 months
* Has been testing broken resistance of 76.57 as support for the past several sessions
Technicals:
Sector: Consumer Defensive - Packaged Foods
Relative Strength vs. Sector: 7.77
Relative Strength vs. SP500: 1.08
U/D Ratio: 1.33
Base Depth: 16.62%
Distance from breakout buy point: 1.14%
Volume 61.4% above its 15 day avg.
Trade Idea:
* You can enter now as the price is still close to the broken level
* If you want a better entry you can look for one around the 76.57 area as that should continue to serve as support should $GIS continue to range
S&P 500 LONGLooking for price to trade down back to the Gap/OTE level in the grey box. From there I am seeking for price to reach for the Equal HIGHS/ X.
EURUSD LONGEURUSD can potentially rise up and hit the old highs, however in the HTF, we can see it fall down towards the weekly old low. It is a bit choppy but if longs were given, this would be it unless it gave another opportunity.
ETHUSDTFormed patterns define a kind of perspective for us.
Keep in mind that as long as the price range of $1592.81 is maintained, we will not have the mindset to form a corrective trend, so the upward trend can continue up to the white range ($2191.67).
But if the current trend is lower than the price range ($1592.81), there is a possibility of forming a corrective trend similar to the drawn scenario.
We would be happy to hear your comments.
$WMT 1D BUY SETUP ANALYSIS +10% MOVE!$WMT is reporting earnings this week and we are looking to buy and hold! There is a gap to be filled @$147.50 area! This move is an easy +10% trade. Wait for confirmation set parameters and let the trend & volume accumulate!
$TGT (TARGET) POSSIBLE +20% GAP FILL!$TGT has earnings coming up and a huge +20% gap to fill, which would be a +$35 move for this week to come or even leading into next week! Price has broken resistance and is making a bullish move to the upside to fill that gap it seems! Patience is key! wait for confirmations & ride the trend!
BITCOIN! Ideal Buy ZoneHello ladies and gentlemen, according to my graphical analysis of BITCOIN , I guess it's making good signals to go upwards ,which is confirmed a bit with other signs .So the green Level show a good Buy Zone ,also you can enter with a short positon now ,until the price retest the Level mentioned with a low risk trade..
If you have any comment ,share your opinion with us
BTC/USDHi all,
Hash Rate leads Difficulty in identifying Bitcoin Miner Capitulation.
Hash Ribbons is close to a buy signal and is it would be wise to pay attention.
Usually this indicator has a high probability of success if we analyze the history of buy signals and price action after that.
Since it is a lagging indicator, I frequently take DCA into account before BUY signals.
What do you think about this strategy?
EUR/USD buyEURUSD Scalping short term forcast
There is a divigence on the M5 timeframe that confirms a short term M15 timeframe movement.
The price is currently sitting on a bullish trendline slowly forming a W formation some of you prefer calling it double bottom but its basically the same thing ,the only difference is derived by the traders momentum of trades in the market.
Microsoft Gap Fill $295We just crossed resistance at $290, current price is $291 and looks like we're filling that gap at $295 this week with the bullish momentum.
The Sandbox SAND Entry Range, Take Profit and Stop LossSAND/USDT
Entry Range: $1.29 - 1.38
Take Profit 1: $1.70
Take Profit 2: $2.00
Take Profit 3: $2.40
Stop Loss: $1.05
EUR/USD Analysis updateThe level of 1.0240 has become the most important area after the breach is confirmed, the price is testing it in the second corrective move, Breaking the 1.0280 area will push the price higher
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Entry at 1.0280
S L 1.0224
T P 1.0360
