XAU/USD Sell to buy idea, from 2,590 or 2,560This week’s analysis for gold suggests that the price will slow down and begin to distribute. Once the price corrects and retraces to one of my nearby points of interest (either the 10-hour or 5-hour demand zone), I'll be looking for re-accumulation to occur on the lower time frames.
Once this re-accumulation is confirmed, I’ll be looking for buying opportunities to continue the upward trend. I expect this move to happen later in the week, depending on the volume and how long it takes for the price to consolidate and break out.
Key confluences for gold buys:
- The price has been bullish on both lower and higher time frames.
- Two clean demand zones have triggered the recent break of structure.
- A bullish move is pending a pullback.
- The dollar is bearish, which supports gold’s upward movement.
P.S. If the price starts to decline and shifts in character, I’ll be looking for a supply zone to potentially catch a short-term sell down toward the demand level.
Supply_and_demand
AUDUSD SHORT >We have a Rally-Base-Drop(RBD) Weekly Supply Zone coverage for the RBD Daily Supply Zone
>We have a high quality Leg-out(Imbalance) from Weekly TF and an Explosive leg-out from Daily Supply
*Stochastic RSI confirmation (This is not a Timing tool, We always follow the Law of Supply and Demand):
-Stoch RSI is at Overvalued Zone, meaning price is looking for a Supply Zone to Drop the price. In AUDUSD's case, it already hit the Supply zone. Ride the trend.
>5,10,15 year Seasonality is Down-trending until 1st week of October.
**NOTE**
-Seasonality tool is just a set-up and an add-on guide.
-Supply and Demand is our timing tool.
Signal is good until 1st week of October or until Updated.
Trade Safe
Sell EURUSD Channel Breakout (FOMC) The EUR/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours.
Key Points:
Sell Entry: Consider entering a short position around the current price of 1.1117, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 1.1076
2nd Support – 1.1051
Stop-Loss: To manage risk, place a stop-loss order above 1.1152. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
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Best Regards, KABHI FOREX TRADING
Thank you.
Sell GBPCHF UK CPIThe GBP/CHF pair on the M30 timeframe presents a potential selling opportunity. This suggests a shift in momentum towards the downside in the coming Hours.
Key Points:
Sell Entry: Consider entering a short position around the current price of 1.1136, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 1.1080
2nd Support – 1.1040
Stop-Loss: To manage risk, place a stop-loss order above 1.1190. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
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Sell EURCHF Triangle BreakoutThe EUR/CHF pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the downside in the coming hours.
Possible Short Trade:
Entry: Consider Entering A Short Position Below the Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 0.9395
Target Levels:
1st Support – 0.9353
2nd Support – 0.9324
Stop-Loss: To manage risk, place a stop-loss order above 0.9412. This helps limit potential losses if the price falls back unexpectedly.
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
EURGBP Forex trade idea. Longs from demand levelEURGBP Forex trade idea. Longs from demand level. There is a strong weekly demand imbalance on EURGBP. Expecting a decent rally in the following days. Long bias using supply and demand imbalances, also good for short term intraday long Forex positions.
GOLD Will Remain Bullish Tomorrow As Well 100%!Hello traders,
GOLD is expected to experience a very minor correction, presenting a buying opportunity.
NO BEARISH OPPORTUNITY!
Bullish Opportunities:
We are anticipating two possible scenarios for gold prices;
Scenario 1: Gold may experience a minor downturn to the $2576-$2573 range, where we will seek confirmation and consider entering a long position.
Scenario 2: Alternatively, gold prices may extend their decline to the $2568-$2565 range. While this scenario has a lower probability due to the current buying momentum, it still presents a potential buying opportunity
Gold h1 Buying and selling opportunities!For tomorrow, the resistance areas are: 2524 and 2521. The support area we're finding on the M30 is at 2507-2505. These levels will perform tomorrow, and we should also keep an eye on geopolitical events. Additionally, tomorrow we have (PPI) news affecting us.
GBPUSD Sept 11 Sell Trade This trade was set in pending order at around 3-4am EST . During London Session.
I saw some continuation in bearish structure due to the fact that previous day introduced supply (we can see it in (4h- 1H Timeframe). After carefully checking the Point of Interest, I set the sell limit.
Risk to Reward Ratio: 1:7
Supply Entry with confluence in liquidity.
move that gives momentum during CPI News release 8:30am EST
#wyckoff
#patience
BTCUSDT. Buying opportunitiesHello traders and investors!
For a month, I followed the previous analysis. Now, I’ve decided to create a new one. Let me remind you of the setup.
Quotes:
On the 8-hour time frame, a sideways range has also formed. The lower boundary is at 53,485, and the upper boundary is at 71,997.
On the 2-hour timeframe, the seller's vector 8-9 has reached the target of 56078. The volume and delta are conducive to gathering stop losses below the level. The quick recovery by the buyer after the breakout and the candle closing above 56078 increase the likelihood of the price dropping below the local low of 55606. For the buyer's range vector 9-10 to play out (with a potential target of 62745), it would be prudent to accumulate volume and push the price below the local low of 55606.
In fact, the price followed the assumptions. What’s next?
On the daily and 8-hour timeframes, the buyer absorbed the seller's candle and formed a buyer's zone. At the same time, on the 8-hour timeframe, the seller touched the lower boundary of the range at 53,485, from where the buyer resumed.
On the 2-hour timeframe, the seller manipulated the level of the beginning of the buyer's last impulse (56,078) at point 7 of the range. The price is currently above this level.
All these factors favor searching for buy opportunities.
I f the buyer defends 56,078 , potential targets are
58,519, 59,005, and 62,745, 65000 on the 2-hour timeframe,
61,166, 62,198, and 70,079 on the 8-hour timeframe,
and 61,166, 62,745, 70,079, and 72,797 on the daily timeframe.
Good luck with your trading and investments!
Sell AUD/USD Bearish Flag The AUD/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Bearish Flag pattern. This suggests a shift in momentum towards the downside in the coming Hours.
Key Points:
Sell Entry: Consider entering a short position around the current price of 0.6733, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 0.6662
2nd Support – 0.6626
Stop-Loss: To manage risk, place a stop-loss order above 0.6760. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
Sell AUD/CAD Triangle BreakoutThe AUD/CAD pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the downside in the coming hours.
Possible Short Trade:
Entry: Consider Entering A Short Position Below the Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 0.9086
Target Levels:
1st Support – 0.9045
2nd Support – 0.9025
Stop-Loss: To manage risk, place a stop-loss order above 0.9115. This helps limit potential losses if the price falls back unexpectedly.
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
EURAUD BUYEuro vs Australia dollar 💵 has made a falling wedge over daily TF and when it broke above that falling wedge it has made a 1H falling wedge to retest the daily broke falling wedge it has also broke 1H wedge an trying to move into bullish direction toward its daily Resistance so we will be waiting for a confirmation and enter into trade
EURUSD bearish moveAs we have said in our last opinion based on our basic anylisis we are bullish over EURUSD but as market got opened price used to move again into bearish move and is moving now in its bearish position also the confluence is 50 SMA as the price is under this 50 SMA and yet not crossed above also it has broke its support level also it has retested that broken support level..
Buy GBP/CAD Triangle PatternThe GBP/CAD pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.
Possible Long Trade:
Entry: Consider Entering A Long Position Above The Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 1.7740
Target Levels:
1st Resistance – 1.7794
2nd Resistance – 1.7820
Stop-Loss: To manage risk, place a stop-loss order below 1.7705. This helps limit potential losses if the price falls back unexpectedly.
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
$AVGO | Watchlist | Buy Limit |Technical Confluences:
- Stochastics is moving towards Oversold conditions
- Elliot Wave count seems to have completed a Wave 4 (A,B,C count) and is starting it's Wave 5 move (assuming it is not an extended Wave 4
- Price has formed new Supply Zone area with the price rejecting that Zone 3 times and has formed a descending Trendline
Fundamental Confluences:
- Broadcom is considered a leader in semiconductor domains and it has a diverse product range; making them sought after in technological ecosystem
- Good management team that focuses on M&A for strategic growth and market pentration
- Good amount of FCFs which helps in their dividend policies
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NASDAQ:AVGO will be releasing it's earnings soon and if there is any opportunity arising, I have placed orders to buy AVGO at my Buy Limit Zone areas.
If earnings is stellar, price should continue to test the Supply Zone again and if that breaks, I will likely aim for a Buy Stop order above the Supply Zone.
Will be putting this on my Watchlist.
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Buy GBP/NZD Descending TriangleThe GBP/NZD pair on the M30 timeframe presents a potential Buying opportunity due to a recent downward breakout from a well-defined Descending Triangle pattern. This suggests a shift in momentum towards the Upside in the coming Hours.
Key Points:
Buy Entry: Consider entering a Long position around the current price of 2.1057, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 2.1167
2nd Support – 2.1231
Stop-Loss: To manage risk, place a stop-loss order below 2.0973. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.