Go through the analysis carefully, and do trade accordingly. Immediate resistance- 2585-2587 Immediate support- 2570-73 decent support- 2559-2562 strong support area- 2530-35 Potential resistance- 2595-2597 Anup 'BIAS for the week (16-20 Sept-2024) Current price- 2579 "if Price stays below 2600, then next target is 2564, 2552 and 2540 and above that 2605,...
There are many analysts who only tell you how to make money and how much money you can make, but you can find the most professional trading strategies and trading knowledge in my channel. On the whole, today's short-term operation of gold recommends shorting mainly on rebounds, supplemented by longs on callbacks. The short-term focus on the upper side is the...
Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 0.8471, which is a pullback support. Our take profit will be at 0.8547, a multi-swing high resistance. The stop loss will be placed at 0.8408 which is a multi-swing high support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk...
1.61 extensions can be a common level for false breakouts. One of the times in which we know we can see 1.61 false breakouts is in Elliot wave 5. This perhaps is reason we find so many 1.61 extensions at big highs. We've been trading at this level for a while now. Tried to sell twice and now we have a wick after the news. If this sells again, then we...
Sellers are back at pressuring the support zone, where we are slowly entering the phase of breaking this zone. We are still waiting for a full breakdown but we are pretty optimistic about the break that should happen so keep your full attention in the current zone! Swallow Team
Real stocks r cringe A memecoin like SPX6900 has the potential to "moon" due to several factors intrinsic to the nature of memecoins and the dynamics of the cryptocurrency market. Firstly, memecoins often capitalize on viral marketing and social media hype, which can drive significant interest and investment from retail investors. The name SPX6900 could itself be...
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Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.1112, which is a pullback resistance and a 38.2% Fibonacci retracement. Our take profit will be at 1.1062, a pullback support level close to 61.8% Fibo retracement. The stop loss will be at 1.1157, a pullback resistance level. High Risk Investment Warning Trading...
A month ago (August 13, see chart below) we gave the first bullish break-out signal on Sui (SUIUSD), as the price broke above its Lower Highs trend-line: As you can see, it re-tested the trend-line to confirm it as a Support and, as expected, it held giving way to a break above the 1D MA200 (orange trend-line) on Sunday. That is the second and final bullish...
. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
Bitcoin is still inside our fakeout zone, where price has still the possibility for a sharp turnover to happen. Looking at last time we were at a similar zone where price is above EMAs by about 7% so this is the zone we should see a turnover. If we will push further from here, then this gameplay we planned here will not be valdi anymore!! Swallow Team
WTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 68.63 which is a pullback support that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 65.05 which is a level that lies underneath a swing-low support. Take profit is at 73.00 which is a pullback resistance that...
The overall trend is pessimistic As you can see I am wanting to see price continue this bullish momentum trading us up in this market, I want to see price trade us up and into an area of interest before taking us lower in the market. By holding tight and waiting for price to trade us up and into an area of interest we are able to get involved in this market...
The price is falling towards the pivot which has been identified as an overlap support and could bounce to the 1st resistance level which is also an overlap resistance. Pivot: 1.1073 1st Support: 1.1019 1st Resistance: 1.1150 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to...
Gold operation strategy Strategy one: Gold rebound around 2588-2590 batch short (buy down) two tenths of the position, stop loss of 6 points, target around 2570-2560, break to see 2550 line;) Strategy two: Gold pullback near 2550-2552 batch long (buy up) two-tenth position, stop loss of 6 points, target near 2570-2580, break to see 2600 line; Technical analysis...
The overall trend is upward Following the FOMC interest rate decision, USDJPY surged nearly 350 pips. This movement is attributed to the robust US economy, as highlighted multiple times by Powell. Consequently, there is little reason for the USD to depreciate significantly. Despite the Fed cutting rates by 50 basis points in yesterday’s meeting, the interest...
The Gold (XAU/USD) is falling towards the pivot which acts as a pullback support and could bounce to the 1st resistance. Pivot: 2,531.45 1st Support: 2,500.49 1st Resistance: 2,588.56 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be...
XAUUSD / 4H TIME FRAME HELLO TRADERS In the month of August, prices started to increase until September by 10.04%, reaching a new historical peak of $2,600. As long as they remain below this level, it indicates a decline at a rate of 2.66%. Technically analysis : Gold reached a historical peak of $2,600 but began to decline following a speech by Jerome...