Hi Guys, Today in this Technical analysis of XAU/USD - 1D we can easily observe a very strong bullish trend we can expect Bullish movement after a small retracement from Fibonacci Level .382 and go for a Long Position with respect to our support level. I hope this will be Helpful to you. And If if you have any suggestion and questions related this Idea please...
Hi Guys, Today in this Technical analysis of EUR/USD - 60M we can easily observe a very strong Bearish movement in the market from couple of past few days and the market had also respected our Trend Line as resistance, Our 200 EMA also seems to resist market price here. In addition we can also expect Retracement from .382 Level from Fibonacci...
WEEKLY CHART EXPLANATION: 🔸 This pair is on a strong downtrend. . 🔸 At this moment, it is facing the previous Support Zone, which is the minimum level since 2009. . 🔸 We are waiting for a definition of the move, since there are high chances of bouncing in this area . . 🔸 In case the direction is clear, we will look for a lower timeframe setup, looking for an...
Push LIKE, FOLLOW and COMMENT below ! This is my setup for this pair. If you want to get more info about my setups contact me. Telegram: NirKubaFX
Markets have gone back down into the range and knocking on the lows. I have been looking for short plays to take advantage of this possible downtrend and TSLA looks intriguing. TSLA has not experienced the deep retracement like other stocks and is current sitting on support. On the daily chart, TSLA printed 2 inside days in a row and is setting up as a coiled...
4H CHART EXPLANATION: - Price bounced at the Weekly Resistance Zone. - Now, it is facing the short term Ascending Trendline. - This scenario that we are considering is just a short term move towards the next support zones, looking for a retracement of the strong upside move. - Will wait and see how the trendline reacts. - Keep in mind that the main trend on this...
So, from what I've picked up and I'm probably not alone here but for those of you who don't already know, NAS100 tends to significantly drop during the gap over the weekends, so market opens are generally a great sell during this bearish market. Going to utilise this method or should I say "theory" ( lol ) I've got some positions held around 8472.00
DAILY CHART EXPLANATION: 🔸 Price is on a clear downtrend since 2019. . 🔸 It has consolidated on a Daily Wedge Pattern. . 🔸 Now, price is facing the confluence zone between the Support Zone and the lower trendline of the wedge. . 🔸 Will wait to see how it reacts, and, if there is a clear scenario, will look for a lower timeframe setup. 4H CHART ANALYSIS:
GBP JPY looking to push back into daily structure levels, will be looking for rejection around these levels and sells
Bitcoin reversed from the right shoulder of an inverted head and shoulder pattern while breaking out of a small flag channel. We should see an advance to the resistance zone around $9200 and $9400.
This was a good trade for me. It just happened to be that the Fed decided to cut interest rates so I was suddenly stopped out of this trade. I took a loss 2.6 times the normal losses I take but this is a learning experience for me. I had a SL order in but the price jumped over my SL. I feel grateful that my Loss was not larger and that I have the opportunity to...
DAILY CHART EXPLANATION: 🔸 "AUD/USD On the Reversal Zone": . . 🔸 Price has been on a downtrend for more than two years. . 🔸 It is now facing the bottom of the Descending Channel, which is a reversal level. . 🔸 Be careful, we are considering this level as a rejection zone but just for a retracement of the downtrend, this is not a trend change. . 🔸 Will look for...
USD JPY worked well took this before bed last night clear down trend and structure showing as resistance
🔸 "NZD/USD Long Term View" Weekly Chart: . . 🔸 Price is facing the Weekly Support Zone. . 🔸 If it bounces here, it has potential to reach the Descending Trendline. . 🔸 If the Descending Trendline is broken, then the next target zone is the Resistance Zone. . 🔸 We are waiting for a lower timeframe bullish setup to get involved on this pair. 🔸 DAILY CHART...
With market weakening and a big gap down day, I've been continuing looking for short ideas to ride this possible start of a big downtrend. TTWO has been of interest short since making a bearish PEG and creating a nice rising wedge pattern. I was looking to get short at the break of this pattern. Entry - 112.70 Stop Loss - 115 Target - 100 I already exited...
Been stalking PAAS ever since it had a nice breakout last week. Today PAAS looks like it is done pulling back and looking for a continuation move. PAAS is a silver miner which usually acts inversely to the market making this an acceptable long trade. PAAS pulled directly into the previous all time highs and printed a Hammer Candlestick on the 30m timeframe. I...