In the previous analysis that was published, it was mentioned that the path for upward movement had become smoother. However, with the price being at the upper boundary of the ascending channel, we were looking for entry points at lower areas for buying, but the price experienced buying pressure and broke the channel from above. We are still looking for lower...
Hello trader friends New Zealand dollar to US currency pair Considering the breaking of the dollar index, we can think about long transactions Due to the inclusion of the pivot in the 4-hour period, there is a possibility of a phase change from bearish to bullish in this currency pair. Therefore, according to the appropriate risk and reward, we can enter into...
As you have seen in the previous analysis Wyckoff's theory happened in Bitcoin and it has experienced a decline in price up to the base of the start of its movement, i.e. the $26,000 range. Also, it has broken down its daily ascending channel, which is the trend line that the buyers were hoping for The current mentality regarding Bitcoin is to sell and any...
Hello Dears Due to the correction of the price in the dollar index and also the reduction of the upward momentum in the gold trend and hitting the resistance zone We expect the price of gold to take a short break This correction can be up to the bottom of the ascending channel or the price of 1930. Note that if the price correction has a high momentum, there...
Dear Friends : In the pound to Japanese yen currency pair, due to the presence of resistance in the daily tick frame and also the breaking of the trend line in the 1-hour time frame. Now the price is in the right area to sell The possible position of this currency pair is placed on the chart You can also enter for analysis according to your trading style. You...
Hello again! In the global gold index, the price is still in a downtrend and has managed to break its support levels. It is expected that the price may find support around the identified order block areas. The necessary and important condition for going long on gold is solely the breaking of the downtrend line.
Hello dear traders, The EUR/USD currency pair is in an upward channel on the daily timeframe. Given the areas of supply and demand, as well as the liquidity present at the green levels, trading in this area can be logical. The trigger for entering this trade is the breaking of the downtrend line, which is indicated by the purple color. This means that we are not...
As we mentioned in the previous analysis, the price reacted to the specified areas and we managed to make a profit in these areas. But in this analysis: considering the bullish structure of gold, we are still looking for suitable positions to buy. The price can return from two areas, which is indicated by the pattern in the chart, and the golden area is drawn,...
Dear friends, Hello. The analysis of gold has come true, and considering the conditions that have emerged, the path for upward movement has become smoother. Currently, the price is oscillating within an ascending channel, with the channel's resistance coinciding with an orange-colored base. We expect a reaction to this level and will be looking for buying...
Dear traders, Gold in the 30-minute time frame can experience a price correction. Until it breaks above the level of 1912, we cannot say that the trend is definitively bullish, despite the price showing a tendency to rise. You can enter buying positions at lower levels and also consider selling positions based on your trading style. I would appreciate it if you...
Hello dear friends, In the 15-minute time frame, Cardano has shown a potential setup for a suitable short position. I am in a hurry to share this post since it is a scalp position, and there is no time for detailed explanations. Wishing you success and profitability. Be sure to consider risk management and capital preservation.
📌Technical Analysis: ✍️ Summary: In summary, Bitcoin can experience a price drop to the $27,000 level by breaking the support level of $29,500 after consuming sell orders behind the $31,500 resistance level. If the support level of $29,500 is not broken, and the resistance level of $32,400 is broken and consolidated above, the mentioned downward scenario will...
Hello friends, I have previously announced the long-term analysis of the global gold market in higher time frames. I recommend that if you haven't seen that chart, be sure to take a look. However, in this time frame, we can take short-term trading opportunities with a scalping approach and risk for logical rewards. I have identified two positions for you. It is...
Hello dear traders, This asset has attractive technical conditions for long trades, as breaking the downtrend line could lead to significant profits from this currency. I have drawn a probable price movement pattern for you, so you can enter at a suitable point based on your trading style. Wherever you are, I wish you the best of luck, and I would be happy to...
Hello dear traders, In the gold market, the price has reached suitable support levels, and this area also coincides with the descending channel's midline. It can potentially trigger a price reaction. Regardless of the trading style you employ, if the trend line of the descending channel is broken, you can consider a buying opportunity. If the trend line remains...
Hello friends, Solana is currently in a resistance range that can be shorted by observing entry triggers. Please note that with a break of the trend line, we can potentially have relative growth in this currency. I would appreciate it if you could share your thoughts with me in the comments.
Hello and good time, In the GBP/USD currency pair on the 4-hour timeframe, we can consider a short trade. As shown in the chart, I have highlighted two possible price movement patterns: 1) If the price initially reaches its red base, you can enter the trade if there is a trigger. 2) If the price initially reaches its green support base and then touches the red...
In the GBP/JPY currency pair, there are existing long orders in the designated green areas, which can be suitable for a long position if the downtrend line is broken. For entry, you definitely need a trigger, and you can be prepared to enter with the condition of the trend line break and the close above the minor pivot. The specified stop loss is determined...