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Gold - A Reversal Will Happen SoonOANDA:XAUUSD | Gold is still in a bullish market: After the strong breakout which we saw in the beginning of 2024, Gold started another major bullish market cycle. This cycle is definitely not over soon, but Gold might create a short term correction, which would perfectly line up with the upper resistance of the rising channel. Levels to watch: $2.650 Click chart above to see the detailed analysis👆🏻 Keep your long term vision, Philip (BasicTrading)
OANDA:XAUUSDLong
by basictradingtv
1
Bitcoin - This Is The Bullish Breakout!Bitcoin ( BITSTAMP:BTCUSD ) still has a high chance of a breakout: Click chart above to see the detailed analysis👆🏻 Bitcoin is clearly following the behaviour of the previous cycles and there is actually no reason to be bearish at the moment. The current consolidation is rather a sign of strength and a bullish breakout is definitely more likely than a bearish rejection. Just closely monitor price action. Levels to watch: $65.000, $32.000 Keep your long term vision, Philip (BasicTrading)
BITSTAMP:BTCUSDLong
by basictradingtv
7
XAUUSD / TRADING UNDER BULLISH PRESSURE - 4HXAUUSD / 4H TIME FRAME HELLO TRADERS Gold prices have reached $2,630, driven by the conflict in the Middle East. Trading above $2,600 indicates a current bullish sentiment, with a price increase of 1.20%. If gold continues to rise from the current level, it is expected to increase by an additional 2.21%. If gold breaks below the $2,600 support level, it suggests potential declines: A 1.80% decrease . A more significant decline of 2.70% . Technical Analysis: 1. Current Market Condition: The asset is under bullish pressure , As long as the price remains above 2,600$, the bullish momentum is expected to continue. 2. Upward Condition: - Target 1: If the price trades above 2,620$, it's expected to rise to 2,635$. - Target 2: If the price stabilizes above 2,635$, the next target is 2,657$. 3. Downward Condition: - If the price falls below 2,620$ , it suggests a potential decline: - Target 1: A decline to 2,610$. - Target 2: If it breaks below 2,610$, further decline is expected to 2,600$.
OANDA:XAUUSDLong
by ArinaKarayi
NAS100USD / TRADING BELOW 19,954 - 4HNAS100USD / 4H TIME FRAME HELLO TRADERS The text indicates a decline in July by 16.62%, followed by a recovery in August with a 15.64% increase. This suggests a reversal or correction phase from the previous decline. Prices are trading below the key level of 19,954. This level is pivotal, as it serves as a reference point for determining future price movements. Technical Analysis: If prices remain below 19,954, the analysis predicts a potential decline of up to 8.29%, with support levels at 19,187, 18,688, and 18,317. A break above 19,954 could signal a trend reversal, with potential resistance levels at 20,194 and 20,714. UPWARD TARGET : 20,194 , 20,714. DOWNWARD TARGET : 19,187 , 18,688 , 18,317.
OANDA:NAS100USDShort
by ArinaKarayi
1
Buy USDJPY Bullish ChannelThe USD/JPY pair on the M30 timeframe presents a potential Buying opportunity due to a recent downward breakout from a well-defined Descending Triangle pattern. This suggests a shift in momentum towards the Upside in the coming Hours. Key Points: Buy Entry: Consider entering a Long position around the current price of 143.77, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 145.38 2nd Support – 146.08 Stop-Loss: To manage risk, place a stop-loss order below 143.00. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Long
by KABHI_FOREX_TRADING
11
Sell EUR/AUD Bearish ChannelThe EUR/AUD pair on the M30 timeframe presents a potential selling opportunity due to a well-defined Bearish Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around the current price of 1.6370, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 1.6300 2nd Support – 1.6260 Stop-Loss: To manage risk, place a stop-loss order above 1.6400. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Short
by KABHI_FOREX_TRADING
16
EURUSD / TRADING BELOW TURNING LEVEL - 4HEURUSD / 4H TIME FRAME HELLO TRADERS Month-by-Month Price Movements: June : Prices increased by 2.48%, indicating a bullish trend during this period. July: A reversal occurred with prices decreasing by 1.48%, showing market correction or loss of momentum. August: Prices surged again by 3.88%, suggesting renewed market strength or positive market sentiment. September (Forecast): A predicted decline of 1.26% could be attributed to cyclical market behavior, profit-taking, or external factors influencing the market. Technical Analysis: If prices drop below 1.114, further declines are anticipated, targeting 1.102 and potentially 1.094. This suggests a bearish outlook below the critical threshold of 1.114, where traders could expect more downside. However , A break above 1.115 signals bullish momentum, with prices potentially rising to 1.120 and 1.123. This implies that breaching 1.115 could trigger buying interest, pushing prices higher. UPWARD TARGET : 1.120 , 1.123. DOWNWARD TARGET : 1.102 , 1.094.
Short
by ArinaKarayi
BTCUSDT / BREAKOUT THE DESCENDING CHANNEL - 4HBTCUSDT / 4H TIME FRAME HELLO TRADERS 1. August Price Movements: - Early August: The price declined by 29.54%. - Mid-August: The price increased by 32.55%. 2. September Price Movements: - Early September: The price declined by 18.96%. - Mid-September: The price increased by 14.37%. Technical Analysis: 1. Current Market Condition: The asset is under bullish pressure following a breakout from a channel , As long as the price remains above 60.767, the bullish momentum is expected to continue. 2. Upward Condition: - Target 1: If the price trades above 60.767, it's expected to rise to 65.015. - Target 2: If the price stabilizes above 65.015, the next target is 69.573. 3. Downward Condition: - If the price falls below 60.767, it suggests a potential decline: - Target 1: A decline to 56.154. - Target 2: If it breaks below 56.154, further decline is expected to 52.679.
Long
by ArinaKarayi
XAUUSD / TRADING ABPVE ATH 2,600$ - 4HXAUUSD / 4H TIME FRAME HELLO TRADERS The asset is trading above its all-time high (ATH) price of $2,600.The price has risen by %1.82. If the price closes below the ATH level of $2,600 on a 4-hour (4h) candle, further decline is expected, estimated at 1.90%. As long as the price remains above $2,600, it suggests a bullish trend. A 4h candle closing below $2,600 would indicate potential bearish movement, predicting a decline of around 1.90%. Technical analysis : If the price remains above $2,600 and breaks above $2,620, we could see an upward move towards $2,635. A break below $2,600 may lead to a decline towards $2,575 and potentially $2,551, indicating a bearish trend. UPWARD TARGET : 2,620$ , 2,635$ . DOWNWARD TARGET : 2,575$ , 2,551$.
OANDA:XAUUSD
by ArinaKarayi
XAUUSD - AFTER FOMC SPEECH - 4HXAUUSD / 4H TIME FRAME HELLO TRADERS In the month of August, prices started to increase until September by 10.04%, reaching a new historical peak of $2,600. As long as they remain below this level, it indicates a decline at a rate of 2.66%. Technically analysis : Gold reached a historical peak of $2,600 but began to decline following a speech by Jerome Powell. The decline was significant, hitting the target of +420 pips. Prices are now trading under downward pressure. The key levels to watch are $2,589 and $2,575. As long as the price remains below these levels, it indicates a downtrend If gold continues to stay below $2,575, it is expected to drop further to $2,551, and potentially down to $2,531. Conversely, if a 4-hour candle closes above $2,575, it suggests that prices could reverse upwards, targeting $2,589, and potentially returning to the all-time high of $2,600. overall , that the short-term outlook for gold is bearish, but there is potential for a bullish reversal if the price stabilizes above $2,575. Traders should monitor these levels closely to gauge the next move in the market. UPWARD TARGET : 2,589$ , 2,600$ . DOWNWARD TARGET : 2,551$ , 2,531$.
OANDA:XAUUSDShort
by ArinaKarayi
USDCAD - UNDER DOWNWARD PRESSURE - 4HUSDCAD / 4H TIME FRAME HELLO TRADERS Currently, prices are trading below the resistance trend line and the turning level at 1.361. This sets the stage by identifying that the price is under a key resistance line and turning level, specifically at the 1.361 level. The resistance line acts as a ceiling preventing further upward movement. As long as trading remains below this level, a decline is expected, potentially reaching 1.354 and 1.350. Here, you're forecasting a possible downward trend. If prices don't break through 1.361, the expectation is for them to move lower, first targeting 1.354, and possibly continuing to 1.350. These levels are likely key support level where the price could find temporary stability. However, breaking this level would indicate a rise toward 1.370. This section shifts the focus to an alternative outcome. If the price breaches the 1.361 resistance, it would signal the start of an upward movement, aiming for the next key level at 1.370. To confirm an uptrend, it is necessary to break through this level, which would then target the next level at 1.374. Finally, you're stating that for a true and sustained uptrend to be confirmed, the price must break through 1.370. Once this happens, the price is expected to head towards the next resistance level at 1.374. UPWARD TARGET : 1.370 , 1.374. DOWNWARD TARGET : 1.354 , 1.350.
Short
by ArinaKarayi
GBPUSD / UNDER BEARISH PRESSURE - 4H GBPUSD / 4H TIME FRAME HELLO TRADERS The price movement reflects both technical and fundamental factors. The 3.58% decline in July can be attributed to global economic uncertainties, such as inflation fears or weakening consumer demand. This decline likely hit key support levels, prompting traders to adopt a more cautious stance. However, the 4.71% recovery in August suggests a reversal in market sentiment. This could be driven by improving macroeconomic indicators, such as better-than-expected GDP growth or reduced inflation, which restored confidence. Additionally, this rally may reflect a technical bounce off support levels, with short-term traders capitalizing on oversold conditions. The critical resistance level of 1.326 now acts as a psychological barrier. A failure to breach this level could confirm a bearish outlook, suggesting a downtrend continuation to the next support zones at 1.309 and 1.304. Market sentiment, geopolitical risks, or adverse economic data may further pressure prices. On the flip side, a decisive break above 1.326 would likely attract bullish momentum, setting the stage for higher targets at 1.329 and 1.335. In this scenario, buyers would anticipate further gains, with potential drivers such as positive earnings reports or an easing of economic uncertainties bolstering confidence. A sustained move above these levels could even signal a broader market rally. UPWARD TARGET : 1.329 , 1.335. DOWNWARD TARGET : 1.309 , 1.304
Short
by ArinaKarayi
US30 / UNDER FOMC PRESSURE - 4HUS30 / 4H TIME FRAME HELLO TRADERS In August, the prices saw a price decline of 6.91%, reflecting a period of downturn. However, in September, there was a notable recovery, with prices rising to an all-time high (ATH) of 41,852. This peak represents the highest level achieved thus far in the prices history. Currently, prices are trading below this ATH, which suggests that the market is still testing its limits. If the current price trajectory remains below the ATH of 41,852, further declines could be anticipated. Support levels to watch for potential price corrections are at 41,340 and 40,853. These levels might serve as points where the price could stabilize or experience a rebound. On the other hand, if the prices manages to close above the ATH on a 4-hour candle, it could indicate a shift towards a bullish trend. This would suggest that the market sentiment has turned positive and could lead to further gains. In this scenario, the price might approach new resistance levels, with potential targets at 42,282 and 42,703. These levels represent possible areas where the price might encounter selling pressure or where further gains could be capped. Overall, the price dynamics are influenced by how it performs relative to the ATH, with potential implications for both downward corrections and upward advances depending on market behavior. UPWARD TARGET : 42,282 , 42,703. DOWNWARD TARGET : 41,852 , 40,853.
UShort
by ArinaKarayi
USOIL / UNDER BULLISH PRESSURE - 4HUSOIL / 4H TIME FRAME overall trading above 67.59 , expected under upward pressure . Currently, prices are holding above the crucial support level of 67.59. As long as they maintain this position, an upward move towards the next resistance levels of 69.98 and 71.59 is likely. The 71.59 level is particularly important, as breaking through it would serve as confirmation of a sustained uptrend, potentially driving prices higher to test the 74.24 resistance zone. However, if prices fail to hold above the 67.59 support level, it would indicate a shift in momentum, initiating a bearish phase. In such a case, the first target on the downside would be 65.35, with further declines possibly extending to the 63.67 region. This level would serve as a critical area for buyers to step in, and if breached, could signal a deeper correction. UPWARD TARGET : 69.98 , 71.59 , 74.24. DOWNWARD TARGET : 65.35 , 63.67.
TVC:USOILLong
by ArinaKarayi
BITCOIN / UNDER TURNING LEVEL AT 60,895 - 4HBITCOIN / 4H TIME FRAME HELLO TRADERS overall trading below 60,895 , it indicates prices of bitcoin under downward pressure. Currently, prices are rising, approaching a critical turning point at 60,895. As long as trading remains below this level and stabilizes underneath it, a decline is expected, potentially reaching the support level at 57,827, and further down to 55,916. However, by breaking through this level and closing a 4-hour candle above it, prices could rise toward 63,611. To confirm an uptrend, prices need to remain above this level, which would suggest a continuation toward 66,527. UPWARD TARGET : 633,611 , 66,525. DOWNWARD TARGET : 57,827 , 55,916.
Short
by ArinaKarayi
USDJPY - BREAKING STRAIGHT CHANNEL - 4HUSDJPY / 4H TIME FRAME HELLO TRADERS overall , under downward pressure , until trading below straight channel Currently, prices are trading below the straight trend channel, indicating downward pressure. As long as prices remain below this channel, a decline is expected, potentially reaching 138.810. If prices fall further, they may approach 137.306. Conversely, if prices break above the 142.232 level, it could signal a reversal in trend, leading to a rise. In this scenario, prices might reach 144.401 and, if the upward momentum continues, could potentially rise to 147.179. UPWARD TARGET : 144.401 , 147.179. DOWNWARD TARGET : 138.810 , 137.306.
Short
by ArinaKarayi
EURUSD - TRADING TO REACH RESISTANCE TRENDLINE - 4HEURUSD - 4H TIME FRAME HELLO TRADERS Tendency , trading under bullish pressure . Currently, prices are trading above the 1.102 level. As long as the price remains above this threshold and shows signs of stabilization, it is expected to rise further, potentially reaching 1.110 and then 1.113. Should the price surpass 1.113, there could be additional gains, with the possibility of reaching as high as 1.117. Conversely, if the price falls below 1.102, it may indicate a downward trend. In this scenario, a decline to 1.099 is likely, with the potential for a further drop to 1.094 if the bearish momentum continues. UPWARD TARGET :1.110 , 1.113 , 1.117. DOWNWARD TARGET : 1.099 , 1.094.
Long
by ArinaKarayi
XAUUSD / TRADING BELOW RESISRTANCE TRENDLINEXAUUSD / 4H TIME FRAME HELLO TRADERS overall trading under downward pressure , until trading ATH prices below 2,589$ . Prices remain under bearish pressure as long as they are trading below the all-time high (ATH) of $2,589. Sustained trading beneath this critical resistance level indicates a continued downward trend, with an expected decline first targeting $2,570. If the price breaks below this level, the next support could be found at $2,551. However, should the price break above the $2,589 resistance level, confirmed by a 4-hour candle close above this threshold, a bullish reversal is likely. In this scenario, the price may rise to test $2,600 as the next resistance level. Further upside potential could push prices higher, possibly reaching $2,620 if buying momentum strengthens. UPWARD TARGET : 2,600$ , 2,620$. DOWNWARD TARGET : 2,570$ , 2,551$.
OANDA:XAUUSDShort
by ArinaKarayi
TSLA / UNDER BEARISH PRESSURE - 4HTSLA / 4H TIME FRAME HELLO TRADERS Currently, prices are trading below the turning level at 250, which indicates a potential for downward pressure. If prices remain below 250, it suggests a potential decline towards 214. Should prices stabilize below this level, further declines towards 194 could be expected. However, if prices break above 250, confirmed by a 1D or 4H candle close, the market may shift to an upward momentum, potentially reaching 264 and 277. Breaking the channel at these levels would indicate the activation of an upward trend zone. Turning Level : 250
NASDAQ:TSLAShort
by ArinaKarayi
XAGUSD / BREAKING DESCENDING CHANNEL - 4HXAGUSD / 4H TIME FRAME HELLO TRADERS overall , under downward pressure as long as trading below supply zone . as long as remain below supply zone between 31.01 and 31.41 , it suggest decline to reach 30.57 , then breaking and stabilizing below it by open 4h candle expected further decline to 30.09 . however , stabilizing above 31.41 , it indicates still continues rising to reach 31.74 and 31.96 , then stabilizing above it reach a ATH at 32.50 . Turning Level : 31.01 and 31.41
OANDA:XAGUSD
by ArinaKarayi
XAUUSD / TRADING BELOW 2,572$ (ATH) - 4HXAUUSD / 4H TIME FRAME HELLO TRADERS gold under bearish pressure if stabilizing below 2,570$ but breaking this level reach a new resistance zone between 2,580$ and 2,592$. As long as the price remains and stabilizes below $2,570, it suggests a potential decline, with the first target being $2,551. If the price falls below this level, further downside movement could lead to a drop toward $2,531. However, if the price breaks above the $2,570 resistance, it may initiate an upward movement, aiming for a new resistance zone between $2,580 and $2,592. This zone will act as a potential barrier to further upward momentum. Turning Level : 2,570$
OANDA:XAUUSDShort
by ArinaKarayi
GBPUSD / TRADING BELOW SUPPLY ZONE - 4HGBPUSD / 4H TIME FRAME HELLO TRADERS currently prices trading below supply zone , it suggest under downward pressure. If the price remains under 1.319, it is likely to decrease to around 1.304, with a further potential drop to 1.293. For the price to increase and reach new historical highs. it must break through the supply zone and surpass the all-time high of 1.326. Achieving this would enable the price to rise to 1.333 and possibly even to 1.340. Turning Level : 1.319
Short
by ArinaKarayi