Fx_steven7

Fx_steven7 Updated 

This chart is a technical analysis of Bitcoin (BTC/USD) on a 1-hour timeframe. Here's a breakdown of the key elements shown: 1. Resistance Zone (Top Purple Band): Price has repeatedly touched or tested this level and failed to break through, as shown by the red arrows. This suggests a strong resistance level around the 106,000–107,000 USD range

Fx_steven7

Thanks for uploading the additional chart. This second image continues to illustrate a Head and Shoulders pattern on a trading chart for CFDs on Gold. Here’s a quick breakdown of what it represents: Left Shoulder, Head, and Right Shoulder: These are clearly marked and highlighted with orange circles. Neckline / Entry Line: This is the horizontal blue line,...

Fx_steven7 Updated 

I'm planning a gold trade with the following details: - *Entry Price*: 2340 - *Target Price (FVG)*: 3360 ### Key Considerations: 1. *FVG (Fair Value Gap)* – This suggests you're targeting a liquidity zone or an imbalance area where price may react. 2. *Risk Management* – Ensure you have a stop-loss level (e.g., below recent swing lows or key support). ...