Hi again I think, the XAUUSD symbol can have this move what is your opinion?
I think this is the most probable path for this symbol in 4 hours timeframe .
Given the daily time frame, this is the most likely scenario in my opinion. OANDA:XAGUSD
BINANCE:SHIBUSDT 1H trend chart - SHIB is pumping after retesting Fib 0.382 and breaking out the downtrend line. Therefore, we can set TPs for it with Fib, trading strategy as below. - Profit Targets: a) 0.3878----Fib(1) b) 0.4130~0.4232----Fib(1.272~1.382) c) 0.445----Fib(1.618) Stop losses: a) 0.3377-----Red horizontal ray - If you like this analysis,...
BINANCE:DENTUSDT 1H trend chart - DENT has broken out a downtrend line, but got resisted further. It is consolidating as a descending wedge, and there is an obvious zone around Fib(0.618). If price can break out the upper downtrend line, trading strategy as below. - Profit Targets: a) 0.006920----Fib(1) b) 0.007775~0.008120----Fib(1.272~1.382) c)...
Will continue to take Blue Line entries as they are offered.....always long....until it shows weakness as support. Rinse and repeat until proven otherwise. Pretty simple trading the past few days for sure. Very Clear patterns playing out.
KRAKEN:ETHUSD Here is some more analysis using EMAs looking at 1 hour candles. You can see with each pink circle, once the EMA20 (blue line) crosses above the EMA50 (black line) we enter a bullish period. This spike continues until EMAs even out and the EMA50 crosses back over. Looking at the green circle we see EMA50 is currently still above, once that turns...
Hello traders, SPY dropped 35% since its all-time high in the last 5 weeks, At the moment traders are looking for direction and any estimate is just that .. an estimate. Our models set two lines for SPY to cross and trigger a meaningful alert. 245 to the upside, crossing this line to the upside should increase risk in the long portfolio, the second line for long...
Short and Simple tentative entry point for a long trade. Entry: 10000 Stop Loss: 9800 Target: 10400 Trade Safely, Happy Trading Note: Not Financial advice.
CADCHF H4 Retest of the head and shoulder neckline a possible buy opportunity