Freesignals
AUDUSD H4 / Looking for LONG ENTRY 📈 Hello Traders!
This is my idea related to AUDUSD H4. I expect a retracement from the resistance level, where we have also an OB. It's a good opportunity to entry long if the strategi is confirmed.
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
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Where will the gold go?Hello Traders
NEW MARKET IDEA
BUY GOLD
Technical Analysis & Fundamental analysis
Gold rose above $2,055 an ounce on Friday, inching closer to the record high, as the latest data from the US supported bets of early monetary easing by the Fed in 2024. US PCE prices unexpectedly declined by 0.1% mom in November, contrary to market forecasts of a flat reading, while core prices increased by 0.1% compared to forecasts of 0.2% advance. Coupled with the previous revision of the country's Q3 GDP, the readings solidified hopes for the first rate cut by the Fed in March. Gold was on track to gain for the second week since prospects of lower interest rates environment boosted the appeal of a bullion.
When Head Shoulders is done then Bullish | Long BiasOn 1h TF
OP closed below 2.227 that confirm to Head Shoulders Pattern with target around 1.93
But OP is supported by Ascending Trend Line so we have a good zone to buy around 2.1 first then 1.93 if OP still down more.
Wait for rejection and signal for Bullish come back
NZDCAD BUY SIGNALThis setup has been analysed on multiple timeframes. On the 4hr you can see there is a change of character as trend breaks to upside. Overall trend when zooming out was also on uptrend. I have drawn an order block on 1hr timeframe that includes imbalance. Enter when market opens and gap closed. Targeting the order block on daily timeframe which also has imbalance to be filled (0.84435)