US30 Analysis & LIVE TRADE
US30 is currently in an Uptrend on the Daily Chart when price rejected to close above the Daily Resistance Zone (34954 - 35121).
Counter Trend opportunity came on Friday when i saw 1,2,3 Engulfing Candle formation and then entered @the close of the candle with 4:1 R/R. First 3 TP levels achieved, last position still running!
Price is currently @ 4HR Support Zone (34660 - 34729) and potential counter trend opportunities on lower time frames if level isn't broken.
If 4HR support is broken, I'll be looking at the next Daily Support Zone (34101 - 34400) to find counter-trend opportunities.
4HR Support Zone (34660 - 34729)
Daily Support Zone (34101 - 34400)
Daily Resistance Zone (34954 - 35121)
SL- 108 Pips⛔️
TP1- 108 Pips✅
TP2- 216Pips✅
TP3- 324 Pips✅
TP4- 432 Pips✅
Knowledgeiskey
GBPUSD Key LevelsThis pair is currently in a downtrend and price is below the 50EMA and in the Daily Support Zone. Price has been tested multiple times in the past, anticipating a great area to buy with price action patterns. I'll be looking for counter-trend opportunities on lower time frames during the London Session.
Daily Support Zone (1.37166 - 1.37673)
XAUUSD Key LevelsGold is currently in a Uptrend. Price is currently above the 50 EMA and close to the 4HR Support Zone (1789.359 - 1799.860) which has been tested multiple times in the past, anticipating a great area to buy with price action patterns. I'll be looking for counter-trend opportunities on the 1HR chart this week.
If the price continues up towards the 4HR Resistance Zone (1829.550 - 1834.620) I'll be looking for counter-trend selling opportunities on the 1HR chart
4HR Support Zone (1789.360 - 1799.860)
4HR Resistance Zone (1829.550 - 1834.620)
Daily Support Zone (1749.890 - 1760.750)
Long Term Gold TradeBetween 5th and 31st March we saw that the Gold Market was in a downtrend but also indications that a reversal would take place due to a Double Bottom candlestick formation.
Reason For Trade Entry- Market Pullback followed by Engulfing Candle, anticipating that price will continue to rise.
SL is @Breakeven and TP1,TP2 and TP3 targets have been hit!!
GBPUSD Daily Key LevelsGBPUSD is currently in a consolidation phase on the H4 Chart. This will create counter-trend opportunities on lower timeframes so I will be looking for price action patterns around the key Daily support and resistance zones. Price is currently @ the Daily Support Zone* ( 1.40730- 1.41080) so I will be looking for counter-trend opportunities on lower timeframes.
Daily Resistance Zone* ( 1.42170-1.42530)
4HR Resistance Zone Red Zone * ( 1.41820- 1.42030)
Daily Support Zone* ( 1.40730- 1.41080)
XAUUSD Daily Levels AnalysisGold has just started a new Uptrend ( Breaking of Resistance Zone 1745.057). Current price is @1771.945 with the next Daily Resistance Zone @ (1794.471- 1820.384).
There is a potential counter-trend opportunity on lower timeframes (H1,H4).
If price breaks the Daily Resistance Zone (1794.471- 1820.384), strong indication on trend continuation and I'll be looking for entries on the H1,H4 Timeframe and ride the trend towards the next Daily Resistance Zone which is located @(1842.337- 1875.908).
EURUSD LIVE TRADEOn Sunday I published my EURUSD Key Levels analysis and my predictions.
Last week, EURUSD was on a strong uptrend across the 1HR,4HR and Daily Timeframes. On Sunday, Price was @1.20968 which is between the 4HR Resistance Zone.
I got a price action entry on the H1 Timeframe just below the 4HR Resistance zone (1.20923-1.21150) and will ride this trade towards the Daily Resistance Zone (1.21768-1.22423).
Stop Loss moved to Breakeven and trade has hit 2nd Targets!
EURUSD Key LevelsEURUSD currently on a strong uptrend across the 1HR,4HR and Daily Timeframes. Price currently @1.20968 which is between the 4HR Resistance Zone . Potential counter-trend opportunity on lower timeframes.
If price breaks the 4HR Resistance Zone (1.20923-1.21150), strong indication on trend continuation and I'll be looking for entries on the H1 Timeframe and ride the trend towards the Daily Resistance Zone (1.21768-1.22423).