Huncho99

Huncho99

Good spot for bulls to take profit Wait for pullback to enter

Huncho99

Gold prices can fall due to various fundamental factors. One significant factor is the monetary policy decisions of central banks, particularly regarding interest rates. If central banks raise interest rates to curb inflation or support economic growth, it can make alternative assets that generate interest, such as bonds, more attractive compared to...

Huncho99

The USD/JPY currency pair's potential rise can be influenced by several fundamental factors: Interest Rate Differentials: If the Federal Reserve in the United States adopts a more hawkish monetary policy stance, such as raising interest rates or signaling future rate hikes, it can lead to a stronger US dollar. Higher interest rates in the US relative to Japan can...

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As of the current time, several fundamental factors could contribute to a potential decline in gold prices: Interest Rate Expectations: Markets are closely watching central banks' monetary policy decisions, especially the Federal Reserve in the United States. If there are expectations of interest rate hikes or a more hawkish stance to control inflation, it could...

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Interest Rate Differentials: If the European Central Bank (ECB) reduces interest rates or adopts a more dovish monetary policy stance compared to the Swiss National Bank (SNB), investors may prefer to hold Swiss francs (CHF) for higher returns. This could lead to a decline in the EUR/CHF exchange rate. Political Uncertainty: Geopolitical tensions or political...

Huncho99

Looking to target the previous highs. Lower high created and valid momentum.

Huncho99

Sometimes its good to flip the chart and ask yourself is your bias still holding? BTCUSd is showing extreme bearish pressure and will likely continue to the major zones shown

Huncho99

Real World Traders--> XAUUSD retesting broken trendline

Huncho99

Real World Traders--> BTCUSD ready to break trendline

Huncho99

Following trendline with bullish structure momentum

Huncho99

EURUSD is a currency pair that represents the exchange rate between the Euro and the US Dollar. When the price of this pair is in a bearish trend, it means that the value of the Euro is decreasing relative to the US Dollar. One way to identify a bearish trend in EURUSD is to draw a trendline connecting the high points of the price chart. If this trendline is...

Huncho99

Gold prices may experience a decline due to the high time frame momentum and bearish trendline. Momentum refers to the strength of the price trend in a particular direction. When the momentum is high, it indicates that there is a significant buying or selling pressure in the market. In the case of gold, if there is a strong bearish momentum, it suggests that there...

Huncho99

The head and shoulders pattern is a technical analysis pattern that typically signals a potential trend reversal in an asset's price movement. This pattern consists of three peaks, with the middle peak (the "head") being higher than the other two peaks ("shoulders"). The pattern is considered complete when the asset's price breaks below the neckline, which is the...

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We can use the trendline rejection as a strong confluence to enter the trade and divergence on the lower timeframe

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Remember to always trade with the trend. Fib retracement as confluence to enter shorts

Huncho99

BTCUSD has rejected the top of the channel and is respecting the bear market Bitcoin also shows strong selling signals due to the daily divergence

Huncho99

Retesting trendline ABC Eliiott wave pattern Gold is a safe heaven which can drive the prices higher

Huncho99

Firstly, the trendline triple touch is a technical analysis pattern that suggests the presence of a significant support level, and that buyers have been stepping in at that level repeatedly. If this support holds, it could potentially lead to a bullish momentum in the EURUSD, as more traders start to buy the currency pair with the expectation of a price...