AUDUSD: BULLS ARE CONQURING NEW HIGHAfter a bearish spell the RSI showed a bullish divergence. Consequently the pair has also showed the HH and LH. Therefore, we may initiate a long position when it crosses the recent high.
For convenience the SL, TP1 and TP2 has been marked on the chart.
Pl do share your thought about it.
Harmonic Patterns
GOLD GOLD buying is reluctant and will be heading into first sell zone on break out of the descending bearish 3hrs channel ,i will watch the price action on 2888-2890 first sell ,the second break and retest will be 2906-2900 and lastly structural breakout in the zone of 2946-2940 zone pay day,pay day,pay day.
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EGLDUSDT UPDATEEGLDUSDT is a cryptocurrency trading at $24.65. Its target price is $48.00, indicating a potential 90%+ gain. The pattern is a Bullish Falling Wedge, a reversal pattern signaling a trend change. This pattern suggests the downward trend may be ending. A breakout from the wedge could lead to a strong upward move. The Bullish Falling Wedge is a positive signal, indicating a potential price surge. Investors are optimistic about EGLDUSDT's future performance. The current price may be a buying opportunity. Reaching the target price would result in significant returns. EGLDUSDT is poised for a potential breakout and substantial gains.
Gold Turning Bearish on H4Gold trading at 2866.xx
It failed to hold above suggested weekly levels 2953/2958 by making high that was expected weekly resistance on long term charts that achieved low of 2832 on last Friday.
Now as per H4 charts gold is changing bullish direction that started on Jan 2025 to corrective or sideways direction with expected resistance around 2907/2916 that limit the upsides upon test and correct gold further to 2839/2831 that is my initial Goal now.
Please note failing to hold 2831/2830 may open 2790/2756.
Buyers should work with cautions
GBP - Wait until the revise pattern formed at supportHello traders, please feel free to share your trading ideas, and please give a Boost if you agree with my trading plan. My trading strategy is Price Action, which is the simplest strategy of trading on the price movement. A key part of my discipline is Stop Loss set when opening a trading position, which ensures every trading is risk managed. My 1 to 1 trading training is available, please message. Trade well and good luck!
ETHUSDT - Buy Idea (Liquidity Seeking Condition)ETHUSDT - Buy Idea (Liquidity Seeking Condition)
Pair: ETHUSDT
Timeframe: H1 / H4
Bias: Bullish
Market Context:
Liquidity Hunt: ETHUSDT is currently in a liquidity-seeking phase, likely targeting buy-side liquidity above recent highs.
Order Flow: Price has cleared sell-side liquidity (SSL) and is now reacting from a potential discount zone.
Gold New Week Analysis Here is My Gold New Week Gold Analysis In New Week Gold Have a Big Support At 2750/2760 If Gold Touch In This Zoon Then gold Possible To Rise and Gold showing high Resistance area At 2960/2980 and In My Analysis Gold New Week Possible To Rise More Maybe Possible Touch To 3000 And Go Back at 2700 So I'm In this Buy For my Target Look At The chart