As I see this is very good opportunity to buy GOLD now , note- per trade risk 1 % only .
The down trend temporarily came to end with the double bottom chart formation at 0.7361 price level, the current pull back is to exhausted but according to DANCOLNATION CAPITAL STRATEGY, a touch at 0.7361 price level will be a confirmation for A LONG order that will potentially take the price to 0.7464, that is a reward of about 115 pips to smart money traders
The current pull back is expected after a major impulse wave, and as soon as its done with this current retest, over 8000 PIPS will likely fall in favor of BEARISH orders in the course of this new week
GBPJPY is set for a continued rise in price, Possible Target $75 price level
This pair firstly respect round number,A range that started since 08 June till 22 Sept 2022 that the market gave a clear direction. A repeat of 22 June 2015 price level is likely to play out bring an overall price target to $195.00. A very massive BULLISH is eminent based on the confluence with over 3 technical indicators especially the third bounce on the...
The of the recent pull back led to a price of 0.6346 in agreement with 0.5 FIB REGION, a confirmation of the masissve short with my TP's 1 & 2 (100+ pips) as my short term target before the overall
The pair has been on steady fall and this seems certain to continue taking the price to 0.83000, that is about 560 PIPS to drop, if it does i will be be taking out 50% of my profit at .0 FIB level (TP 1) and the remainder at 0.27 Fib Ext (TP 2) before i would reanalyze.
look out for the linear retracement on there could be fakeout
waiting for a retest before entry and usd over all trend is bullish and this could decline gold futher down
GJ price drop to the low of 6july and & 16 june strong demand zone in 4h we see clear double bottom structure and now price is rebounding. Rsi bullish divergence shows buyers bias. Bulls try to hold this level and trying to push price upside now wait for the breakout of 162.44 level than entr buy position with the target of 162.35, 163.92 and above levels i...
geopolitical issues and global instability of our economies not to mention the brink of ww3 on the horizion a soaring cost of living and energy prices exceeding every expectation ever noted you would have to be insane to think you can buy long term in this crumbling economy and society we live in "Those who forget or ignore history are doomed to repeat it...
GBPAUD in my corner, if the 1.7782 line breaks it could be continue to 1.7520
The shadow candles and decreasing volume shows the exhaustion in bull trend for ttd post earnings it has ran too much. I would like to start my short position today and if needed will average around 895-900 with stop loss of 920 if breaks with good volume..!!!
Hello Traders, I`m looking for a short on my trading Setup. My style of trading is more for a Swing Trade. I created a Trading Plan based on Value Investing. Please, don`t be greedy. -> $2,000 per 0.01 std lots. If re-entry is necessary, double the lots from initial trade. I`m a Forex Fund and Accounts Manager with more than 8 years of experience. Maximum...
1.8120 is the best support line to GBPAUD. It has touched once, the pullback can be rise about 300+ pips.
Buy Area 0.6770 1st Take profit 0.6825 Breakout this level another buy 0.6837 take profit 6920 area Other side of Sell Area 0.6730 take profit 0.6610 area
Technically GBPAUD is ready for a big drop around 300+ pips. Can be depend on the fundamentals. Enter to the trade with a tight stop loss.
Time to buy usdcad for long. With the lots of fundamental and technical usdcad will rise more than 200 pips. Enter to a trade with a tight stop loss.