📈🚀 Bullish on NATGAS! 🌟 Hey everyone! 🙌 I’m analysing about natural gas right now! Here’s why I’m bullish: Strong Support Zone: Found a solid support zone on the daily timeframe from around $1.5 to $1.9. This is where buyers have been stepping in recently, which is a great place for purchases! 🛡️💪 First Target (TP1): My first resistance zone (where I’ll take...
Gold has been going up a lot recently, and it reached its highest price ever. Now, many people are waiting to see if the price will go down a bit before going up again. This could happen around $2470 because we’re seeing signs that the price might change direction - pending divergence. Remember, this is a small and risky trade, but if it works, you could get 4...
Hey traders! 📈 Let's discuss the current outlook for USOIL WTI: 🔍 Technical Insight: We've observed a compelling development in the WTI market as it recently touched the lowest point within the current uptrend channel, dipping below the golden pocket levels. This move prompts a closer examination of the prevailing market dynamics. 📊 Daily Timeframe...
The USD/JPY pair is now trading near 30-year highs, reflecting a huge difference in the strength of the US dollar and the Japanese yen. Japan has not seen a significant economic downturn, but the value of the yen has fallen dramatically. For traders, this unusual situation offers both opportunities and dangers. Technical Analysis: Key Levels and...
Hey traders! 📈 Today, let's dive into an analysis of WTI crude oil, which is currently priced at $81.40. 🔍 Technical Analysis Overview: WTI has landed in an intriguing spot on the charts, sitting at the lower end of the golden pocket and showing signs of divergence. This convergence of technical indicators suggests a potential bullish move on the horizon. 📊...
📈 Exciting Trading Opportunity Alert! 🚀 Hey everyone! 👋 I just spotted a cool trading setup on USDJPY, and I wanted to share it with you! Here's the scoop: The price of USDJPY is hanging around 151.49, and it looks like it's getting ready to break out of a pattern called an ascending triangle. 📈🔺 This pattern usually means that the price might go outside the...
All shown on the chart, be careful, gold is very bullish rn!!!
No brainer, double bottom on main timeframes - W, D, 4H Buy, hold & see what happens next.
Time to ride the yen wave! With the Japanese rate decision behind us and a noticeable divergence in market sentiment, now's the opportune moment to capitalize on potential USD weakness against the yen. The BOJ's unexpected move presents a prime window for a sell position in USD/JPY. Let's seize the chance to surf the momentum and ride the waves of...
The XAU/USD pair is poised for a potential downward trend. Several factors, including a strengthening US dollar, risk-on sentiment, and technical signals, contribute to this outlook. Factors Driving Downward Pressure: 1. Strengthening US Dollar: Positive economic data and expectations of tighter monetary policy bolster the US dollar, reducing demand for gold...
Europe is full with gas, and the winter is soft, and blah blah blah. Let's see through technical glasses, 0.886 level is strong level, I expect that gas will reach it, mot probably even brake it, and afterwards we seek for golden pocket and 0.5 fib. Support and resistance, baby!
When WTI (West Texas Intermediate) crude oil reaches the 78.6% Fibonacci retracement level, a common behavior is to experience a reversal or consolidation. This may indicate a shift in trend to bullish or a period of consolidation before further movement. The current Fibonacci level aligns with a significant historical support area with ±77$ price range, it may...
WTI is currently stuck between two important price levels—the 0.5 retracement at $67.292 and the 0.618 at $81.19. With WTI priced at $72.146, it's about $4.854 away from the 0.5 level and $8.854 away from the begining of the golden pocket. Technically, WTI has breached a local support area at 72.80$, indicating a downward trajectory towards the lower section of a...
If you placed an order around the 50.0% Fibonacci level on the Gold chart, you've got a reason to be pleased! Gold's recent price movement has broken through this key level, signaling some interesting possibilities for traders. Why is this significant? The 50.0% Fibonacci level is often seen as a critical point of decision in trading. It's like a crossroads...
Well, I am going to buy oil because ... ... this is quite good entry. Short term target - 86$, long term target 92$ Don't forget about stoplosses, risk&reward etc. bs.
The M pattern is a bearish reversal pattern, suggesting that the price of gold may be poised to decrease. It is called the M pattern because, when plotted on a price chart, it resembles the letter "M." Here's a description of how the M pattern typically forms: Initial Uptrend: The M pattern usually begins with a strong uptrend in the price of gold. During this...
The analysis of the USD/JPY currency pair suggests a potential price movement based on Fibonacci retracement levels. According to the analysis, the pair may be approaching the 88.6% Fibonacci retracement level. This level often serves as a significant area of support or resistance in financial markets. Furthermore, the analysis anticipates that after reaching the...
Gold's growth potential remains strong, driven by its time-tested role as a hedge against inflation, geopolitical turmoil, economic uncertainty, and low interest rates. Its recent entry into the "golden pocket" level adds technical weight to the potential for a reversal and further price appreciation. Investors continue to recognize its value as a diversification...