PhoebeBryce

PhoebeBryce Updated 

BTC is currently trading within a well-defined descending channel, showing consistent lower highs and lower lows since mid-March. Descending Channel: The upper and lower boundaries have acted as reliable resistance and support zones. Double Bottom Pattern: Price action recently formed a double bottom near the $75,000 zone (marked "HUNT2"), which is typically a...

PhoebeBryce Updated 

The main driver of the rally comes from the news that the United States will impose tariffs of up to 104% on imports from China starting Wednesday. This decision has sparked concerns about a potential global economic recession, thereby boosting demand for safe-haven assets like gold. In addition, the market is expecting the Federal Reserve (Fed) to begin a...

PhoebeBryce

is trading within a well-defined ascending channel, with price action consistently respecting both the upper and lower boundaries. The recent bullish momentum indicates that buyers are in control, suggesting a potential continuation. The price has recently broken above a key resistance zone and may come back for a retest. If this level holds as support, it would...

PhoebeBryce

The 4H Gold/USD chart exhibits a classic Broadening Formation (also known as a Megaphone Pattern), marked by higher highs and lower lows, reflecting increased volatility and market indecision. This pattern is identified with three key swing points on both the upper and lower trendlines: Point 1 and Point 2 formed the initial boundaries of the pattern. Point 3,...

PhoebeBryce

Trading Setup: ⬇️ Sell now or sell on 84400.0 ⭕️SL @ 85700.0 🔵TP1 @ 81100.0 🔵TP2 @ 78700.0 🔵TP3 @ 75100.0

PhoebeBryce

Gold reversed successfully after touching our entry point, moving to over 1400 pips. We previously advised closing the idea, but now we see a strong bullish market likely to create another record high. The ongoing tariff war between China and the US will likely create more fear in the global market.

PhoebeBryce

Gold appears to be in a bullish trend following a successful test of an important daily/intraday horizontal support level. The price violated a minor falling trend line resistance and formed a local Change of Character (CHoCH). There is a strong possibility that the price will continue to rise with a target of 3080.

PhoebeBryce

The price may drop further to 75k point. However, we expect the price to rebound to 121k area. As we approach 75k threshold, we expect the price to rise sharply. The price touched our area and reversed well. The target is 121k area. Let’s see how it goes.

PhoebeBryce

Trade setup: ⬇️ Sell now or sell on 79000.0 ⭕️SL @ 80500.0 🔵TP1 @ 75750.0 🔵TP2 @ 74410.0 🔵TP3 @ 72400.0 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands