On the H4 time frame, there is a divergence between the upward movement of the candlestick and the downward movement of the Stochastic indicator. So it can be concluded that in the short to medium term Gold will rise. Note: This is just an idea from me, please compare it with your own analysis before opening a position. Thank you.
As seen on the chart, there is a divergence between the candlestick on the H4 time frame with the Stochastic indicator, the candlestick is moving downwards while the Stochastic at a glance looks like it is going up. Note: This is just an idea from me, please compare it with your own analysis before opening a position. Thank you.
Entering EGLD if there will be a confirmed breakout of an ascending triangle to upward. ep 154 tp 165 sl 136.8
Harmonic pattern on the way. The retracement CD will need to go above the B mark. Then, it will probably hit the yellow trendline at D (1835) . Take the trade when it is ABOVE the mid line red on the pitchfork . 200 and 100 EMA confirms that it will probably go short again. However, don't forget that it will go LONG in longterm. What you guys think? Let me know...
After Gold underwent a correction to touch the price range of 1810.42, and also because it was supported by important news, then from the movement until now I saw an “Expansion” almost formed after a few days of experiencing “Correction” first. This is in line with my previous analysis on the H4 time frame. Note: This is just an idea from me, please compare...
Shout out to Trip from cBc's group for originally charting this. I've been posting about NEO for a few weeks (so I don't feel bad about recharting it for those who missed it) the difference was that I only zoomed out as far as 12HR... Looking at this 3 day macro TF... I mean, no wonder it's popping off right now. It's a beautiful textbook reversal, and the fact...
After I analyze again, just ignore the previous EURUSD analysis for correction and go back down. I checked again on the daily time frame, it turns out that the price has touched 1.19804 at the 50% Fibonacci Retracement ratio, and I can be sure that EURUSD will rise further. Note: This is just an idea from me, please compare it with your own analysis before...
I was wrong beforehand, it turns out that after being noticed on the H4 time frame, as there has been a contraction and expansion phase, it's just a matter of waiting for gold to rise higher. What do you think?. Note: This is just an idea from me, please compare it with your own analysis before opening a position. Thank you.
AUDUSD H4 sideways shocks. After falling back from the high of 0.7820 on January 6, the AUDUSD rebounded after reaching low 0.7563 yesterday (February 3). The current price is still above the 0.7600 integer. Since the mid-term ascending channel (dotted line) has been broken, and the MA60 is about to “death cross” the MA200, the chance of rising in the short and...
Gold (XAUUSD) The Long-term trend is up After breaking the orange (dotted line) channel at the opening of the first market day of the beginning of the year, the gold daily chart fell sharply on the same day when the US Non-farm Payrolls data was announced on the 1/8th, falling back to the orange dotted channel, but still on the long-term upward track (Gray dotted...
Bitcoin will be rise again in future. (BTCUSD) Bitcoin is currently fluctuating in the triangle convergence pattern. It may continue to fall in the future and seek strong support from below before it has the opportunity to rise again.
USDJPY is still in the long-term downtrend channel. As the US Dollar Index weakens, non-US currencies will continue to appreciate, and the Japanese Yen is no exception. On the picture, the H4 of USDJPY is in a long-term downward channel. Even if the Bank of Japan continues to block the rise, it can hardly stop the weakness of the US dollar. The yen will continue...
Hello Traders, We are seeing an ascending channel formed on the uptrend. I believe we will see a Head & Shoulders pattern formed within this channel for a small pullback before breaking the channel to go up. We are currently in price discovery and I'm not seeing any reason for a slow down. This is always fun, bc if you buy right you can just trail your SL or TTP...
BTCUSD Analysis in Xmas. ● 20-30% - FED increasing currency liquidity powerfully. (Covid-19) ● 60-70% - Normal condition. (fall back and rise) ● <5-10% - Very Bad news about Crypto.(BTCUSD)
Gold (XAUUSD) Strategy this week. (X'mas Dec.22-25) FOREXCOM:XAUUSD
Weekly resistance at 11716 and we have weekly support at 10253. A close below or above would be significant. Plan, patience, execute!