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Analysis Gold buy NowDistance Analysis from Current Price (2,921.67 USD) 1. Resistance Level (2,955.44 USD) Distance from Current Price: 33.77 USD 2. Intermediate Resistance (Green Line around 2,940 USD Distance from Current Price: 18.33 USD 3. Support Level (Middle Red Zone around 2,910 USD) Distance from Current Price: 11.67 USD 4. Major Support (Lower Red Line around 2,900 USD) Distance from Current Price: 21.67 USD --- Potential Price Movements: Bullish Case: If the price breaks above 2,940, it may rise toward the major resistance at 2,955.44 (+33.77 USD). Bearish Case: If the price drops below 2,910, it could decline toward 2,900 (-21.67 USD).
GBEBROKERS:XAUUSDLong
by James-Loen360
EUR/USD 1H Analysis: EMA 200 Retest & Fibonacci Pullback – Key LKey Observations: Ascending Wedge Breakout & Price Surge The price broke out of a wedge pattern (green shaded area) with strong bullish momentum. A strong rally led to a new local high (~1.0489). Fibonacci Retracement Levels The price is pulling back from the high, and Fibonacci retracement levels are marked. Key levels to watch: 0.618 (1.04385) – Strong support 0.5 (1.04238) – Moderate support 0.382 (1.04091) – First level of reaction EMA 200 Retest (~1.04467) The 200 EMA (blue line) is acting as dynamic support. The expectation (noted on the chart) is that price may touch or react at the EMA 200. If it holds, it could trigger another bullish push. If it breaks below EMA 200, further downside toward Fib 0.618 or 0.786 retracement is possible. Potential Bearish Rejection (Red Arrows) The red arrows suggest a possible lower high formation, meaning the price could reject from EMA 200 and start a deeper drop. Volume Analysis Increasing volume suggests strong participation. If volume remains high near EMA 200, we might see a breakout or a strong bounce. Potential Trade Scenarios: Bullish Case (Buy Trade) If price holds above EMA 200 (~1.04467) and forms a bullish reaction, a long trade could target: First target: 1.0489 (previous high). Second target: 1.0500+ (psychological level). Stop Loss: Below 1.0435 (below Fib 0.618). Bearish Case (Sell Trade) If price fails at EMA 200 and forms a lower high, it could drop toward: First target: 1.0430 (Fib 0.5). Second target: 1.0409 (Fib 0.382). Third target: 1.0390 (Fib 0.236). Stop Loss: Above 1.0460 (above EMA 200). Conclusion: EMA 200 is the key level to watch. Bullish bias above EMA 200; Bearish bias below. If EMA 200 holds, buying could be a good strategy. If it fails, further downside is expected. Would you like a precise trade setup based on this? 🚀
by KingProTrader
#USDJPY 4HUSDJPY (4H Timeframe) Analysis Market Structure: The price is currently respecting a trendline support, indicating that buyers are maintaining control. Additionally, the presence of a buy engulfing area suggests strong bullish momentum, signaling a potential continuation of the uptrend. Forecast: A buy opportunity may arise if the price continues to hold above the trendline support, confirming bullish pressure. Key Levels to Watch: - Entry Zone: A buy position can be considered near the trendline support after confirmation of bullish price action. - Risk Management: - Stop Loss: Placed below the trendline support to manage risk. - Take Profit: Target key resistance levels based on previous price action. Market Sentiment: The combination of trendline support and a buy engulfing area indicates strong buying interest. A confirmed bullish move from this level can provide better validation for a buy setup.
Long
by PIPSFIGHTER
5
#USDCHF 4HUSDCHF (4H Timeframe) Analysis Market Structure: The price is currently respecting a channel support, indicating that buyers are holding the price within the upward structure. This suggests that the market may continue its upward movement as long as the support remains intact. Forecast: A buy opportunity may arise if the price confirms a bounce from the channel support, signaling potential bullish continuation. Key Levels to Watch: - Entry Zone: A buy position can be considered near the channel support after confirmation of bullish price action. - Risk Management: - Stop Loss: Placed below the channel support to manage risk. - Take Profit: Target key resistance levels based on previous price action. Market Sentiment: The channel support suggests that buyers are still active in the market. A strong rejection from this level can provide better confirmation for a buy setup.
Long
by PIPSFIGHTER
#DXY 4HDXY (4H Timeframe) Analysis Market Structure: The price is forming a falling wedge pattern, which is generally considered a bullish reversal pattern. This suggests that the downtrend is losing momentum, and a potential upward move could follow if the price breaks above the wedge resistance. Forecast: A buy opportunity may arise if the price confirms a breakout from the falling wedge pattern, signaling increased bullish pressure. Key Levels to Watch: - Entry Zone: A buy position can be considered after a confirmed breakout above the wedge resistance. - Risk Management: - Stop Loss: Placed below the recent swing low to manage risk. - Take Profit: Target key resistance levels based on previous price action. Market Sentiment: The falling wedge suggests potential bullish momentum. A confirmed breakout with strong price action can provide better validation for the buy setup.
CAPITALCOM:DXYLong
by PIPSFIGHTER
GBP/USD Approaching Key Reversal ZoneThe GBP/USD pair has reached a critical resistance area around 1.2658, aligning with the 1.13 Fibonacci extension level of the harmonic Gartley pattern. The price action suggests potential exhaustion in the bullish trend, with signs of rejection near this level. A confirmed reversal could lead to a corrective move towards key support zones at 1.2456 and 1.2320. However, if the pair sustains above 1.2685, further upside towards 1.2732 and the HOP level at 1.2843 remains possible.
Short
by BeaucoupPips
#GBPCHF 4HGBPCHF (4H Timeframe) Analysis Market Structure: The price is forming a rising wedge pattern, which is typically a bearish reversal pattern. This suggests that the upward momentum is weakening, and a potential downside move could follow if the price breaks below the lower trendline. Forecast: A sell opportunity may arise if the price confirms a breakdown from the rising wedge pattern, signaling increased selling pressure. Key Levels to Watch: - Entry Zone: A sell position can be considered after a confirmed breakdown below the wedge support. - Risk Management: - Stop Loss: Placed above the recent swing high to minimize risk. - Take Profit: Target key support levels based on previous price action. Market Sentiment: The rising wedge indicates potential bearish momentum. A confirmed breakdown with strong price action can provide better validation for the sell setup.
Short
by PIPSFIGHTER
#EURNZD 4HEURNZD (4H Timeframe) Analysis Market Structure: The price is forming a flag pattern, which is generally considered a continuation pattern. This indicates that the market is in a temporary consolidation phase before potentially resuming its previous upward trend. Forecast: A buy opportunity may arise if the price breaks above the flag resistance, confirming bullish momentum. Key Levels to Watch: - Entry Zone: A buy position can be considered after a confirmed breakout above the flag pattern. - Risk Management: - Stop Loss: Placed below the recent swing low to minimize risk. - Take Profit: Target key resistance zones based on previous price action. Market Sentiment: The flag pattern suggests that the market is pausing before continuing its upward movement. Waiting for a breakout confirmation will help validate the trade setup.
Long
by PIPSFIGHTER
3
USDJPY - Feb 19 2025 Sell position- CLASSIC!Hey everyone! It's been a while since I last posted—I've been busy refining my prop firm account this 2025. Since January 9, USDJPY has been in a successful distribution phase, so I'm now shifting my HTF bias to a sell position. - Currently riding sell positions targeting 1:2R, 1:3R, and 1:5R (intraday trades). Check the charts for details—just a simple price manipulation setup. This time, though, London got manipulated instead of the Asian session. Classic 1:5RR move! #consistency #tradeforaliving #rightpsychology
Short
by glyrad
#GBPJPY 1DAYGBPJPY (4H Timeframe) Analysis Market Structure: The price is currently forming a symmetrical triangle pattern, indicating consolidation and decreasing volatility. This pattern suggests that the market is in indecision, and a breakout in either direction could lead to a strong move. Forecast: A breakout on either side will determine the next direction. Traders should wait for confirmation before entering a position. Key Levels to Watch: - Entry Zone: A buy position can be considered if the price breaks above the upper trendline, while a sell position can be considered if the price breaks below the lower trendline. - Risk Management: - Stop Loss: Placed beyond the breakout level to manage risk. - Take Profit: Target key support or resistance levels based on the breakout direction. Market Sentiment: The symmetrical triangle pattern suggests that momentum is building up, and a strong move is expected after a breakout. Waiting for a clear confirmation will help avoid false signals.
by PIPSFIGHTER
#AUDUSD 1DAYAUDUSD (4H Timeframe) Analysis Market Structure: The price has been in a downtrend but has now broken above the downtrend resistance, signaling a potential shift in market direction. A breakout from this level suggests that buyers are gaining strength, possibly leading to further bullish movement. Forecast: A buy opportunity may arise as the breakout indicates a change in trend. Waiting for a retest of the breakout level for confirmation can provide a stronger entry point. Key Levels to Watch: - Entry Zone: A buy position can be considered after a successful breakout and retest of the previous resistance as support. - Risk Management: - Stop Loss: Placed below the breakout level to minimize risk. - Take Profit: Target key resistance zones where price may face selling pressure. Market Sentiment: The breakout of the downtrend resistance suggests that bullish momentum is increasing. A confirmed retest with strong price action can provide better confirmation for an upward move.
Long
by PIPSFIGHTER
#NZDUSD 4HNZDUSD (4H Timeframe) Analysis Market Structure: The price is forming an expanding pattern, indicating increased market volatility and potential bearish movement. This pattern suggests that price swings are widening, with lower lows and higher highs, often leading to a strong directional move once a breakout occurs. Forecast: A sell opportunity is anticipated as the expanding pattern signals possible downside movement, especially if price rejects a key resistance area. Key Levels to Watch: - Entry Zone: A sell position can be considered near the upper boundary of the expanding pattern or after confirmation of bearish rejection. - Risk Management: - Stop Loss: Placed above the recent swing high to manage risk. - Take Profit: Target lower support zones based on previous price action. Market Sentiment: The expanding pattern reflects increasing price fluctuations, and if sellers gain control, a strong bearish move can follow. Confirmation through price action and volume analysis will help validate the trade setup.
Short
by PIPSFIGHTER
#USDX 4HUSDX (4H Timeframe) Analysis Market Structure: The price is forming a flag pattern, which is generally considered a continuation signal. This indicates that the market is in a consolidation phase after a strong move, and a breakout could lead to further bullish momentum. Forecast: A buy opportunity may arise if the price breaks above the upper trendline of the flag pattern, confirming bullish strength. Key Levels to Watch: - Entry Zone: A buy position can be considered after a breakout above the flag pattern with strong volume. - Risk Management: - Stop Loss: Placed below the recent low to manage risk. - Take Profit: Target the next key resistance levels based on previous price action. Market Sentiment: The flag pattern suggests that the market is pausing before continuing its upward move. Waiting for a confirmed breakout will help align with the prevailing trend and avoid false signals.
VANTAGE:USDXLong
by PIPSFIGHTER
#GBPJPY 4HGBPJPY (4H Timeframe) Analysis Market Structure: The price is currently testing a key support level, indicating potential buying interest. If the support holds, buyers may step in to push the price higher, leading to a possible bullish move. Forecast: A buy opportunity may arise if the price shows signs of rejection at the support level, confirming that buyers are defending this area. Key Levels to Watch: - Entry Zone: A buy position can be considered if the price holds above the support level and shows bullish confirmation. - Risk Management: - Stop Loss: Placed below the support level to manage risk. - Take Profit: Target higher resistance zones where price may face selling pressure. Market Sentiment: The support level is a key area where buying pressure may increase. Confirmation through bullish price action will provide more confidence in a potential upward move.
Long
by PIPSFIGHTER
#AUDUSD 4HAUDUSD (4H Timeframe) Analysis Market Structure: The price is forming an expanding pattern, indicating increased volatility and uncertainty in market direction. Additionally, a sell engulfing candlestick has appeared, suggesting strong bearish momentum and potential downside movement. Forecast: A sell opportunity is anticipated as the expanding pattern, combined with the sell engulfing area, signals increased selling pressure. Key Levels to Watch: - Entry Zone: A sell position can be considered near the recent resistance area where the sell engulfing pattern has formed. - Risk Management: - Stop Loss: Placed above the recent swing high to manage risk. - Take Profit: Target lower support levels for potential downside movement. Market Sentiment: The formation of an expanding pattern with a sell engulfing candlestick suggests that bearish pressure is increasing. Monitoring price action and confirmation signals before entry will help align with the prevailing trend.
Short
by PIPSFIGHTER