Gold is in the Bullish DirectionHello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
🟢What is The Next Opportunity on GOLD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Trend Lines
TradeCityPro | INJUSDT Best Trade Setup of the Week?👋 Welcome to TradeCityPro Channel!
Let's analyze and review one of the most popular cryptocurrency coins, which is in a more favorable situation than the majority of altcoins together!
🌐 Overview Bitcoin
Before starting the analysis, I want to remind you again that we moved the Bitcoin analysis section from the analysis section to a separate analysis at your request, so that we can discuss the status of Bitcoin in more detail every day and analyze its charts and dominances together.
This is the general analysis of Bitcoin dominance, which we promised you in the analysis to analyze separately and analyze it for you in longer time frames.
📊 Weekly Time Frame
On the weekly time frame, I see that the seventh period is stable, inj, and compared to the majority of altcoins that have their own low price levels, it is in a better space and is engaged in its own supports!
After breaking the primary trend ceiling, namely 9.28, we experienced a sharp upward movement and formed a historical ceiling at $53, and after forming a distribution box and breaking the important floor of 16.20 and pulling back to it, we experienced a continued decline.
We have now reached support again, which was previously a very important resistance, and now, as a result, it is probably not lost, but the weekly candle is a very good and bearish candle! Don't forget to save your profit, your strategy booklet and your positions, otherwise you will have made a 450% move without adding anything to your capital!
📉 Daily Time Frame
On the daily time frame, our trend is completely bearish as you can see and the events are completely accompanied by the formation of a downward bottom and top, but we are likely to suffer for a while.
After getting rejected from 34.16 and forming a box between 20.16 and 25.93 and losing the bottom, it made a move and then while pulling back with low volume and the next conversion to red, it became an inverted Sharpe, we experienced a decline!
Currently, we are forming a box between 8.63 and 10.68, and for selling and short positions, you can do this by breaking 8.63, and for the trigger spot risk and buying, if you feel the price is good, it is better to wait for the trend to break and do the trigger at 10.68. Let it structure.
✍️ Final Thoughts
Stay level headed, trade with precision, and let’s capitalize on the market’s top opportunities!
This is our analysis, not financial advice always do your own research.
What do you think? Share your ideas below and pass this along to friends! ❤️
Skeptic | EUR/CAD at Crossroads: 1.55849 vs. 1.53291Welcome back, guys! 👋 I'm Skeptic.
Today, we’re diving deep into EUR/CAD, analyzing key levels and potential triggers. 🔍
Market Structure & Current Outlook
Looking at the 4H time frame , we initially saw an accumulation phase from February 3rd to February 24th. After breaking out from the accumulation range, price rallied strongly, continuing the major uptrend until 1.58552 .
Following this peak, EUR/CAD entered a corrective phase, forming a secondary downtrend that retraced to the 0.5 Fibonacci level.
Now, the minor downtrend has broken , signaling a potential continuation of the major 4H uptrend. With strong confluence for a bullish move, we’ll be looking for a long setup, but we’ll also prepare for a potential short trigger in case price reverses. Remember, as traders, we analyze the market from both perspectives and execute based on confirmations—skeptical eyes always! 🔮👽
📈 Bullish Scenario (Long Setup):
🔹 Trigger: Break & close above 1.55849
🔹 Confirmation: 7 SMA below the breakout candle
RSI entering overbought zone
🔹 Invalidation: Rejection & close back below 1.54325
📉 Bearish Scenario (Short Setup):
🔹 Trigger: Drop below 1.53291
🔹 Confirmation: RSI entering oversold zone
⚠️ Key Notes & Risk Management
🔹 Fundamentals:
This Friday is NFP day, a crucial event that could create volatility in the market.
Always consider fundamental catalysts when executing trades.
🔹 Risk Management:
Avoid overleveraging.
Wait for confirmed breaks before entering positions.
Stick to your trading plan and stop-loss strategy.
Stay sharp, and I’ll see you in the next analysis! 🚀
Verified again, bulls continue to hit new highsGold technical analysis: Gold opened at 3130 in the morning. Yesterday, gold technically accelerated in the Asian session. The European session bulls continued to break through and stood above the 3100 integer mark to reach 3120 and continued to fluctuate strongly. The US session stepped back twice to confirm the stabilization of the 3100 mark and further continued to break through the 3127 mark and closed strongly. Friends who follow me can see that our real-time analysis and the analysis of the article before the US session also successfully entered the long order at the 3103 line. This also verifies the 3127-3130 line suppression given in my article last night. The daily K-line closed with a shock and broke through the high-middle Yang. The overall gold price ushered in the rhythm of bulls accelerating the rise after breaking through the 3050 mark. The daily level closed with a strong medium-yang for three consecutive trading days. If your current gold operation is not ideal, I hope I can help you avoid detours in your investment. Welcome to communicate!
From the 4-hour analysis, today's short-term support is around 3118-3124, with a focus on the 3100-3106 line. Intraday operations follow the retracement and continue to be long. The short-term bullish strong dividing line focuses on the 3096-3100 line. The daily level stabilizes above this position and continues to maintain a low-long rhythm. Short selling can only enter the market at key points, and enter and exit quickly, and do not fight. I will remind you of the specific operation strategy during the session, so please pay attention to it in time.
Gold operation strategy: 1. Gold retracement 3116-3124 line long, retracement 3100-3106 line continue to cover long positions, stop loss 3097, target 3145-3150 line, and continue to hold if it breaks.
Trading discipline: 1. Do not blindly follow the trend: Do not be swayed by market sentiment and other people's opinions, operate according to your own operation plan, market information is complicated, and blindly following the trend can easily fall into the dilemma of chasing ups and downs.
2. In gold trading, we will continue to pay attention to news and technical changes, inform you in a timely manner if there are any changes, strictly implement trading strategies and trading disciplines, move forward steadily in volatile markets, and achieve steady asset appreciation.
Potentially Important Nasdaq 100 / Us 100 price levels to use This video's intent is to help identify price points which we may see the market move fast or hugely from and not to confuse anyone suggest place the price points down and watch how market responds during the Today's session Test them use them with your trading strategy tell me how it goes
Potential GBPJPY Trade Setup
News event for the week
JPY Tankan Large Manufacturing Index at Tuesday 350am (Over)
Long-term Chart
Major long-term trendline (Jan 23 - Current) uptrend line is still holding
Shorter trendline: LH and LL have been set since Oct.
Technical analysis
Prices are currently in no-man's land and there's no reason to enter from a technical perspective now
I want to enter Long positions if they reach 191-190 price range
-- Daily level SL: 188
-- Daily level TP: 195
Price Action for entry
-- Price to hit zone, then breakout to the downside out of the zone. To take trade on the retracement candle with SL above the highs within the zone.
-- TF to view candle: H1
And I want to enter a Short position if price reaches around 196 and does not have a strong volume breakout to the upside.
-- Daily level SL: 198 (Top of zone + Daily ATR)
-- Daily level TP: 190.6 (Major trendline level)
Price Action for entry
-- Price to hit zone then breakout to the upside of the zone. To take trade on the retracement candle with SL below the lows within the zone
-- TF to view candle: H1
Fundamental
Divergence in monetary policies, favouring a downtrend of the GBPJPY. This is THE major driver, and until economic news changes this, I favour selling GBPJPY whenever it reaches a premium level.
BOE expected to continue to cut interest rates due to bad economic outlook
JPY expected to continue to hike interest rates to strengthen the yen
Overall
If price reaches SHORT zone. I expect to hold the trade longer to take advantage of the fundamental downtrend. And I may scale into the trade if price starts a major downmove.
If price reaches the LONG zone and Price Action permits, I expect to have a scalp of the Long position(s) to take advantage of the supply zone. I do not want to hold a Long position in GBPJPY for an extended time.
This is under the assumption that the monetary policy divergence holds.
Notes: This is currently for personal practice to write out trade ideas. Feedback is welcome, and please don't mind if none of this makes sense.
$NIO Wyckoff Accumulation – Schematic #1 or #2 in PlayMy base case at the moment is Wyckoff Accumulation Schematic #2 , where the Secondary Test ( ST-B ) could mark the very bottom. This idea will be validated for me especially if we see interaction with the High Time Frame Channel projection.
Green Zone:
We have multiple levels of confluence around this zone:
0.786 Fibonacci Retracement from the 2020 low to the 2021 top
MO – Monthly Open level
Volume cluster from previous local consolidation
Blue Zone:
If price drops as low as VAL, I expect it to be just a quick, volatile wick breaching into the Blue Zone.
High Time Frame Channel projection:
James Hardie Industries Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# James Hardie Industries Plc Stock Quote
- Double Formation
* ((Triangle Structure)) | Completed Survey
* (Resistance Area)) | Subdivision 1
- Triple Formation
* 0.5 & 0.236 Retracement Area | Short Set Up | Subdivision 2
* (TP1) | Subdivision 3
* Daily Time Frame | Trend Settings Condition
- (Hypothesis On Entry Bias)) | Logarithmic Settings
- Position On A 1.5RR
* Stop Loss At 40.500 AUD
* Entry At 37.000 AUD
* Take Profit At 31.500 AUD
* (Downtrend Argument)) & Pattern Confirmation
* Ongoing Entry & (Neutral Area))
Active Sessions On Relevant Range & Elemented Probabilities;
European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Sell
ICICIBANK--Tripple Top Liquidity+Down??This banking sector stock has broken the trendline strongly...
recently price taken the double top liquidity, creating an another liquidity....
do not make any attempt of short from this levels, still we don't have a sign of bearishness....
wait for one more liquidity on topside with strong upside move as exhaustion
then will observe a strong fall, after the liquidity...
then will go for short side...
on the bottom side we have a lot of trendline liquidity lies at support levels.
we have to look for buy at these levels for an investing point of view.
XAG USD LONG RESULT Silver price was overall in a Bearish trend, but after the strong bear flag, price hit the support and wanted to retest the Resistance Zone before further Breakdown as going.
I entered the trade for a long, but price dumped a little just before moving to our TP.
Might have extended the SL zone but it's a loss I'm proud of. We go again 💪💯🔥.
_THE_KLASSIC_TRADER_.