Proforexking

Proforexking

First Target (TP1): $3,300 Second Target (TP2): $3,400 This fits perfectly with the breakout expectation shown in your chart — the price may first test the $3,300 resistance zone, possibly consolidate or retrace a bit, and if momentum holds, push towards the $3,400 area. If you want, I can mark these targets on a clean version of your chart or create a quick...

Proforexking

Here’s a breakdown of the idea: Pattern Overview: Left Shoulder: Initial dip and bounce. Head: Deeper low followed by a recovery. Right Shoulder: Higher low, currently forming. Neckline: Around the $3,030–$3,040 zone (marked by the top blue box). Bullish Setup: If price breaks above the neckline (blue resistance zone), it could confirm the...

Proforexking

This is a USD/JPY 4-hour chart with technical analysis indicating a potential trade setup. Here’s the breakdown: Current Market Structure: The price is currently in an uptrend after recovering from a previous downtrend. There is a visible zig-zag pattern (yellow lines) representing price movements. The price has reached a resistance zone and may face...

Proforexking

Bitcoin (BTC/USD) 4-Hour Chart Analysis Current Market Structure: Price Level: BTC is trading at $84,078, showing a 1.84% increase. Trend Overview: The chart shows a descending structure followed by a recovery in a bullish channel. Resistance & Support Zones: Resistance Zone (Red Box): Around $87,000. Support Zone (Blue Box): Below $78,000, possibly reaching...

Proforexking

This chart is a 4-hour timeframe of CFDs on Gold (XAU/USD), showing price action around the 3,000 level. Here’s an analysis of the technical setup: Key Observations: 1. Uptrend Formation: The price has been in a strong uptrend, forming higher highs and higher lows. The yellow trendlines indicate a pattern of bullish momentum. 2. Resistance Zone (Red Box -...

Proforexking

Xauusd gold level 2817 2815 SL 2830 TP 2814 TP 2811 TP 2808 TP 2805 TP 2803 TP 2800