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Chartpatterntrading

Could this be the end of Gold corrective bearish trend?Approximately two hours ago, my market analysis indicated a high probability of an impending Gold price rally. As anticipated, the price has since moved by 80 pips, confirming my initial prediction. My technical analysis has identified a significant harmonic reversal pattern on the M30 chart for Gold, which provides further validation for my bullish bias. Furthermore, the bullish crab pattern observed in the chart analysis suggests that the corrective bearish move on the pair may have reached its conclusion . Note that price has reached the supply zone, which serves as my first profit-taking zone. In the event that the supply zone and harmonic pattern hold, I anticipate a potential temporary drop in price to 1810-1811 in order to respect the supply zone, followed by a continuation of the bullish move towards completing the reversal at 1825.75.
PEPPERSTONE:XAUUSDLong
by Samuel124
GBPUSD - Correction and downHello traders, The higher probability scenario for GBPUSD in the coming week is a correction to the upside and then a continuation to the downside. The area where the reversal is most possible is highlighted on the chart. Trade with care. Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. We do not recommend making hurried trading decisions. You should always understand the risk that trading implies and that PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.
Short
by FractalTrading
GBPJPY BUYOn the last day of the trading week, we observed a significant upward rally in GBPJPY. This development is in line with my prior analysis of the pair, wherein I anticipated/predicted a bullish move. Notably, today also presented an outstanding intraday buying opportunity. Specifically, during the Asian session, price formed a bullish bat pattern on the M15 chart. After a period of contraction, the price broke out of its range, indicating an acute surge in buying pressure. Accordingly, I waited for a retest of the H1 resistance and entered a buy trade aligned with the overall direction of the order flow, taking into consideration the support level provided by the 800EMA for price. I anticipate that the pair will fulfill my ultimate price objective by achieving 163.354.
Long
by Samuel124
NZDCHF Long Resault: 170 pips Profit✅Considering the pullback and the reaction to the middle range of the descending channel , I expect the growth to the top of the channel if the pullback is confirmed Stay with me to get more analysis after following me by sharing with friends and leaving a comment. According to my risk and capital management system, the risk of each trade is one percent per position. What do you think about this analysis and other analyses? What symbol would you like me to analyze for you?
by Hamiratrading
SPX: The Beginning of a Dead Cat Bounce.• The SPX is reacting today, as it is trying to break yesterday’s high and the resistance at 4,015 (red line); • If it stays above this area, the index might bounce again, and retest the next resistance area around 4,060; • The 4,060 was a previous support level, and it is where the 21 ema is right now, making this a dual-resistance area in the daily chart; • As long as the index remains below these resistances the bearish bias will persist, and any bounce could be just a Dead Cat Bounce; • In order for the index to reverse the bearish sentiment, it is important to see clear bullish reversal structures, and so far, there’s none. Remember to follow me to keep in touch with my daily analyses!
SP:SPX
by Nathan_The_Finance_Hydra
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