Friday's turmoil in the White House pumped Gold prices during the New York session. Analyzing the intraday price action, I see 2 confirmed bullish signals: the price broke both the resistance line of a falling channel and a neckline of a cup & handle pattern on an hourly. Odds are high, that the price will grow more and reach at least 2864 level after the...
With the Friday's turmoil in the White House, EURUSD went down sharply. The price broke and closed below a significant daily support. It is a strong event that increases the probabilities that the market will continue going lower. Next support will be 1.032 ❤️Please, support my work with like, thank you!❤️
AUDUSD broke and closed below a significant daily horizontal support on Friday. It feels like the pair is returning to a global bearish trend. The market will most likely continue falling. Next support - 0.61725 ❤️Please, support my work with like, thank you!❤️
In this article, I will show you the strongest supply and demand zones. These zones are called confluence zones. I will teach you to identify these areas properly and explain how to apply it in Forex and Gold trading. Let's start with a short but important theory. In technical analysis, there are 2 types of supports and resistances. Horizontal...
EURUSD formed a confirmed bearish trap after a test of a key daily support. As a confirmation, I see a bullish breakout of a neckline of an inverted head & shoulders pattern with a bullish imbalance. The pair is going to reach 1.044 level soon. ❤️Please, support my work with like, thank you!❤️
WTI OIL looks bearish after a test of a key daily horizontal resistance. A formation of a head & shoulders pattern on that and a violation of its neckline indicate a highly probable intraday bearish movement. The price will reach at least 69.3 level soon. ❤️Please, support my work with like, thank you!❤️
USDCAD is going to continue rising after a confirmed breakout of a significant daily resistance. Goals: 1.45 / 1.46 ❤️Please, support my work with like, thank you!❤️
EURGBP looks bearish after a violation of a support line of a narrow consolidation range on a daily. The price may keep decreasing. Next support - 0.8233 ❤️Please, support my work with like, thank you!❤️
NZDCAD may bounce from the underlined key support. As a confirmation signal, I see a nice bullish Change of Character CHoCH on an hourly time frame after its text. Target - 0.8185 ❤️Please, support my work with like, thank you!❤️
WTI Crude Oil is stuck on a major rising trend line on a daily. To buy the market with a confirmation, I am waiting for a bullish breakout of an intraday 4H resistance. 4H candle close above 69.3 will be a strong bullish signal. A bullish continuation will be expected at least to 69.9 level then. ❤️Please, support my work with like, thank you!❤️
GBPNZD formed a bullish accumulation pattern on a daily. Its neckline was broken with a high momentum bullish candle yesterday. The next strong resistance is 2.236. It will most likely be the next goal for the buyers. ❤️Please, support my work with like, thank you!❤️
There is a high probability that CADJPY will drop much lower. The violation of a significant daily demand cluster leaves clear bearish clues. Next support - 103.5 ❤️Please, support my work with like, thank you!❤️
If you are studying a price action, you should definitely know how to identify and trade Cup and Handle pattern formation. Being applied properly, it can generate big profits. In this educational article, I will teach you how to identify this pattern. We will discuss its psychology and I will share with you 2 trading strategies. 📏And let's start with...
I see almost perfect liquidity grab on NZDCHF after a test of a key daily demand zone. Probabilities will be high that the price will at least pullback from the underlined area to 0.5121 level. ❤️Please, support my work with like, thank you!❤️
I think we may see a local bearish continuation after a test of a key daily/intraday resistance. A local Change of Character on an hourly clearly shows the strength of the sellers. The index may retrace at least to 106.53 ❤️Please, support my work with like, thank you!❤️
EURCAD broke and closed above a key daily horizontal resistance. The underlined blue area is also a neckline of a cup & handle pattern. The violation indicates more growth. Next resistance - 1.497 ❤️Please, support my work with like, thank you!❤️
I see a nice inverted head & shoulders pattern on NZDCAD on a daily time frame. Its neckline was broken on Thursday last week with a high momentum bearish candle. Probabilities will be high that the price will rise after its retest. Goal - 0.82 ❤️Please, support my work with like, thank you!❤️
There is a high probability that GBPCHF will drop soon. A formation of a head & shoulders pattern after a test of a key resistance and a consequent breakout of its neckline provide a strong bearish signal. Goal - 1.131 ❤️Please, support my work with like, thank you!❤️