PpetroeR

PpetroeR Updated 

This is a personal project of mine that will consist of 10 trades in a row, specifically for this instrument, based mainly on 5 and 15min. time frames. There will be no fixed TP or SL, but I will watch for a certain formation of candles + 2 indicators. When closing the short position, it will be noted in the idea. The usual duration of 1 trade could be between 1 -...

PpetroeR Updated 

This is a personal project of mine that will consist of 10 trades in a row, specifically for this instrument, based mainly on 5 and 15min. time frames. There will be no fixed TP or SL, but I will watch for a certain formation of candles + 2 indicators. When closing the short position, it will be noted in the idea. The usual duration of 1 trade could be between 1 -...

PpetroeR Updated 

This is a personal project of mine that will consist of 10 trades in a row, specifically for this instrument, based mainly on 5 and 15min. time frames. There will be no fixed TP or SL, but I will watch for a certain formation of candles + 2 indicators. When closing the short position, it will be noted in the idea. The usual...

PpetroeR Updated 

I expect the price to continue to move lower, pending confirmation such as a rejection candle. My goal is support zone around 1.0356-1.0366. It's a major daily and weekly area. too. Good sell options are: 1.04150 and/or 1.04220, If the price moves Up.

PpetroeR Updated 

We are very overbought for SILVER, I think, we should see a good drop of the precious metal. I feel we may see a test of $ 26 area. Strategy sell area: 30.80-31.80, may place your SL above 32.35 and take profit near $ 26.20 or a bit below 26.0$.

PpetroeR

The moment seems right to enter the long market. All are in a Christmas mood and the instrument makes standard movements.

PpetroeR Updated 

Hello traders ,what do you think about EUR/USD? There are two main options for trading, I personally expect the price to rise at least to the specified level 1.080. The other option is that the upward correction at 4h is over and we look for continuation of the bearish movement with the aim of a new monthly LL in the direction of 1.02 and...

PpetroeR

Hello traders ,what do you think about EUR/USD? There are two main options for trading, I personally expect the price to rise at least to the specified level 1.080. The other option is that the upward correction at 4h is over and we look for continuation of the bearish movement with the aim of a new monthly LL in the...

PpetroeR Updated 

In general, it seems that on the daily and weekly chart after the end of the First Bullish impulse with a top of 07/17/2023, the price as a Second impulse forms a Bearish ABC pattern. As the Last Third part of it starts on 25.09 at the peak of 1.1214. As the most attractive areas for its End, we can define the following Levels: 1.060; 1.040; 1.020; 0.9980.

PpetroeR Updated 

I believe we are extremely close to the start of a new Extremely Strong Uptrend. Our first target is a break of 1090, so I don't put other less important TPs. I wish you good luck!

PpetroeR Updated 

Today we see a first attempt to reverse the current bearish trend. We have a breakout attempt on the 2 hour frame. It is worth trying Buys, for SL we can choose a value around 900 (880 conservative)!

PpetroeR

As we can see from the weekly chart, the 30-month bullish trend that started with the formation of the Cypher pattern reached its 3-in-a-row main profit-taking zone and the eventual reversal of the movement. From here on, we watch Daily for the main move to run out and tracks for the upcoming down move.

PpetroeR Updated 

The fundamental background is changing and it is reflected in the gold. The outflow of investments may continue. If the negative background intensifies, gold may fall lower after resistance zone /2670 - 2685/ retest.

PpetroeR Updated 

This is my opinion on the EURUSD /1h , the next move: the main goal : 1.0585 !!! Bias - Bearish

PpetroeR

We are approaching the Area from which we started the previous bull impulse /836-1247.5/, here at any moment we can expect a reversal of the trend and the formation of a new Strong upward impulse. To enter into Buys, we need a few confirmation on a 1 or 2 h. chart and the formation of a reversal pattern. We await its formation for now.

PpetroeR Updated 

This is my third prediction for this currency pair. Unlike the previous two, which did not materialize, I hope that this idea will be successful. I believe that the monthly correction that started on July 18, 2023. at 1.12757 level, it will finish or end now around 1.067-1.068 levels. Of course, it is possible to attempt a false breakout. If there is...

PpetroeR

Seems like silver may be completing the correction. I have outlined entry, profit and stop-loss levels. The weaker resist lines are at 33.30 and 34.60 zones. BEWARE, the second support area is very strong, too !!! Good luck!

PpetroeR Updated 

I think this move down is just a correction to cover the imbalance that has formed, after which the bullish momentum will continue up. We have a good buy option with medium risk level.