GOLDGold is currently trending upwards towards a new peak. Wait for the price to rebound to the support level before entering a purchase deal. Good luck.
Support
Alikze → GRT| Swing failureAt time W1, D1 is currently returning in the form of a three-wave movement after a corrective cycle. Therefore, in the range of the green box, after the failure of the swing, it can continue its growth with a pullback to the specified range, at least up to the range of 0.34, and then in the Fibonacci levels, which are areas with supply areas.
🟩Sup: 0.1587 - 0.1953
⛳️Tp 1:0.3418
⛳️ Tp2 : 0.5047
⛳️ Tp3 : 0.8546
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EURAUD EURAUD's downward trend has been broken and it is now preparing to rise to the highest level, although it is important to note that this is only a corrective trend. Good luck!
EURAUDEURAUD rebounded strongly from the area around 1.66120. It has been confirmed that it will continue its downward trend and any correction is expected to be short-lived. Therefore, a sell deal is recommended. Good luck.
Should we sell GBP/USD?GBP/USD is facing downward pressure and has slightly dropped below the 1.2600 level during the European trading session. However, market volatility could increase towards the end of the European session, potentially necessitating a retest of the support zone at 1.2584 during the U.S. session.
GBPAUDGBPAUD's trend has shifted from bullish to bearish. Take advantage of this opportunity to sell and sell again during any correction. Good luck!
USDCADUSDCAD has completed an upward trend and is now focusing solely on sales. Wait for a correction before considering selling. Do not think about buying. Wait for the right time to sell. Good luck.
📉📈 PYTH Support and Potential Upside! 🚀💹
📊 Analysis:
Support Zone: PYTH is compressing down to $0.905, indicating a support zone.
Building Up: Signs of building up are observed in this support area.
Laddering In: Consider laddering into positions at this level.
Next Support: If $0.905 fails, next support likely at $0.80.
📈 Trade Plan:
Entry: Initiate a trade around $0.905.
Take Profit: Target set at $1.10 for potential upside.
Stop Loss: Place just below $0.78 to manage risk.
🌟 Note: Stay vigilant for any shifts in market dynamics and adjust strategies accordingly! 🌐🚀 #PYTH #Support #TradePlan 📊📈
BTC Market AnalysisCurrently, Bitcoin is experiencing a simultaneous price surge with indications suggesting it will break through the resistance level of 71,649.
It is anticipated that after surpassing this level, the price will continue to rise significantly.
There are predictions that Bitcoin may approach the level of 73,862 in the near future.
Following this milestone, there is a possibility that the price will undergo a corrective phase before rebounding towards the support zone at 68,409
What do you think about USD/JPY?In today's London trading session, the USD/JPY pair maintained stability within a narrow range around the 151.30 level. Market forecasts suggest that this pair may continue to fluctuate within this tight range, potentially experiencing a slight decline before rising to confront the resistance zone at 151.977. However, there is a possibility that it may subsequently revert to a downward trend in the near future.
Overall, the USD/JPY pair is still undergoing a significant decline, and investors may need to closely monitor market developments to make informed investment decisions.
USDCAD USDCAD is nearing a support level and could rebound to the upside. Wait for the support level to enter a buy position. Good luck!
time for a short?this is the place that the price got stuck several times due to the sheer volume!!
if you see the confirmation... its time for a short
waiting for the big resistanceOANDA: XAUUSD. The trend appears to be bullish, but there is a minor resistance system in its way. It's recommended to wait for the price to react to the trend line. If the price reacts as expected, the next significant resistance would be an excellent opportunity to take a short scalp position.
remember the trend is leading to higher peaks.
GBPAUD After forming a triangle pattern, GBPAUD may rebound off resistance. Pending sale set at 1.93494, stop loss at 1.93727, and target at 1.92793. Good luck!
🟢 INJ Trade Plan: Recovery Entry Strategy 📈🚀🎯 Entry Point:
Consider entering the trade between $37.80 and $38.80, ensuring confirmation of support turnaround.
🎯 Take Profit:
Target profit at $44.50 or $52.00, aiming for significant resistance levels.
🛑 Stop Loss:
Implement a stop loss at $34.00 to mitigate potential losses in case of a reversal.
📉📈 Note: Monitor price action closely for confirmation and adjust the strategy according to market dynamics. #INJ #TradingStrategy #RecoveryEntry 🟢📊
