XAUUSD surely bullish opportunity Eager to gain insights into gold future path Discover the answers in our complementary quarterly trading guide
XAUUSD While there were some hawkish elements in the Feds guidance such as the upward revision to the long run equilibrium rate traders chose to focus on the near term future and the fact that the easing cycle is inching closer and looming on the horizon
EURCAD Analysis Price is currently in a William-Certified Range (WCR), hovering near the 4H Support at 1.45500. Scenario 1: BUY entries can be taken the moment a bullish confirmation pattern is formed, with targets set at the 4H Resistance at 1.47200. Scenario 2: SELL entries can be taken after price breaks through the 4H support, retests it and forms a bearish...
Hello Traders, here is the full analysis. Watch strong action at the current levels for BUY. GOOD LUCK! Great BUY opportunity EURUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
There are signs of a potential reversal in the CHFEUR currency pair. With a take profit level set at 1.027, traders are anticipating a favorable price movement to reach this target. Meanwhile, a stop loss at 1.024 is placed to limit potential losses in case the reversal does not materialize as expected. It's important to consider that technical analysis provides...
Previously, when GBPUSD touched 1.19250, we emphasized that there was strong support at that level, and there was a demand for a rebound. The consecutive two rallies were both quick rebounds after testing the support, but the sustainability of the upward trend was weak, and there was a subsequent decline after being under pressure. However, when the market...
great oppurtinity to sell big target tp1 =20.225 tp2= 19.800
EUR/USD has delivered what we needed and delightful trader we are. Price created a reasonable Break of market structure, traded into a delightful order block and Boom! Price flew to the moon with profits of 1:3 RR already. Though still expecting a further push to the buy stops.
I see an opportunity for shiba for now, on the chart that I have drawn it appears that shiba has the potential to increase with several areas I will write that this demand area 0.000027 - 0.000029 supply area 0.000037-0.000039 supply area 2 0.000053 - 0.0000055
GBPAUD - 30M Price has finally broken the 1.8400 daily support where it was showing a very strong resistence, giving us a nice break with a new LL formation leading us to a perfect TP 2 yesterday, but today it seems like it is respecting the previous bearish structure forming a new one right below it so if we zee a break of the inner structure (red zone) i would...
The double bottom pattern consists of two lows around the same level of support and indicates a possible bullish reversal signal. Price is also resting at a key level of support and resistance Once those levels of support or resistance are broken, the supply and demand dynamics which produced them are shifted Support is the amount of demand that is strong...
USDCHF is trading to the downside today prior to the USD Retail Sales data, which records the total receipts for retail stores domestically. JP Morgan has stated they expect the data to be disappointing from the -0.2% consensus, which will be USD bearish. Technically the pair has broken the ascending trendline and we anticipate downside into the 0.9080 level.
How To Play The Chart Entries/Exits: Buy at green support entry, if it breaks by -35 pips (count it out) then enter a sell and ride to TP1, 2 and 3. Trail stop at each TP which means place your stop loss in profit but with enough room to be able to continue the sell if it continues. Same thing at resistance, sell but if broken by 30 pips then enter the buy and...
EURUSD has traded in a descending wedge into the key pyschological 1.2000 level support. We've also seen PPO bullish divergence, another bullish indication for the major forex pair!
EURUSD Uptrend 04 03 2021 Continuing its movement in the global uptrend that began in May 2020, the price came to the support zone in the middle of this 1.205 channel. This zone formed at the intersection of the strong support level and the line formed in the middle of the channel. And from this zone, we have repeatedly been able to observe the price correction....
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WE COULD WRITE A 2 PAGE BLURRB ON THIS GOING BLAHH BLAHH OR JUST LET THE CHART DO THE TALKING YES LETS LET THE CHART DO IT