A decent sell stop on Gold is what im placing checks 4 out of 5 confirmations.
Hello,Friends! We are going short on the SILVER with the target of 23.626 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
The DXY is moving up very nicely😍 This is pushing our USDJPY buy & Gold sell's within our technical bias. Market structure looking very good right now.
We have a chance of Head and Shoulders pattern. now price is approching the right shoulder area. look for short side,when price comes to this area. on bottom side we have a strong support at 4800 levels. keep in long side from this support zone.
Take a look at our analysis for SILVER. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 25.093. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the...
H4 Analysis: -> Swing: Bullish. -> Internal: Bearish. Price had printed a swing BOS and subsequently a bullish iBOS. Swing range confirmed. Price has now printed a bearish iBOS to confirm swing pullback has initiated. Scenario 2 played out from previous analysis whereby it was mentioned price could target internal low as all HTF's are requiring a...
Gold continues to look at the 2145 line. The K line is a normal rebound, but the overall trend is still bearish. There is still no support below. We continue to be short. The K line is a rebound, definitely not a reversal. The four-hour golden line is still suppressed by the moving average, and is rubbed against the floor. Even if it rebounds, it is still...
Hello Traders, Base on technical and wave analysis we see this scenario for #USOIL for next move. let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Crude oil was prompted to go long near 81-81.1 yesterday, and it was also profitable yesterday. So how to trade today? If there is a correction in U.S. oil today and tomorrow, and the retracement below is in the 81.5 and 81-80.7 areas, it can be regarded as an opportunity to enter the market with short-term long orders.
Not much of a technical analysis as we can see but there is not much we can do about it. The chart is just parabolic due to the high amount of big companies hedging against the worse-than-expected harvest. The fundamental analysis could not be much of a help either because nothing can resonate with such pricing for the cocoa. This type of trade is just speculative...
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Some time ago price entered to triangle, where it bounced from resistance line and fell to support line, breaking $2020 level. But soon it turned around and rose back, breaking this level again and later reaching resistance line. After this, price made a small...
This comes amid lower crude oil exports from Iraq and Saudi Arabia, as well as signs of stronger demand and economic growth in China and China. The current trend of crude oil is bullish, and callbacks are mainly bullish. As shown, the trading strategy recommendation is: buy long positions in batches at 81.2-81.7, with the target around 83-84. If you need...
Dear friends, gold is currently oscillating within a narrow range near the 2160 position. Judging from the current gold trend structure, although gold has not pulled back as expected, relatively speaking, gold is not very willing to go up.we can see from the graph that even though gold has not corrected much, it faces resistance near the 2165 position in the short...
March 19th DXY: Consolidate along 103.80, with continuation to upside to 104.30 NZDUSD: Buy 0.6065 SL 20 TP 60 (Counter Trend) AUDUSD: Sell 0.6535 SL 20 TP 55 USDJPY: Complete retracement, Break above resistance, Buy 150.95 SL 30 TP 90 GBPUSD: Sell 1.2685 SL 30 TP 80 EURUSD: Sell 1.0860 SL 20 TP 50 USDCHF: Buy 0.8905 SL 20 TP 55 USDCAD: Test and bounce off...
Preferred direction: SELL Comment: Bitcoin , like Gold , remains in the center of attention for all market participants against the backdrop of recording historical highs for these instruments. It should be noted that there is a certain divergence here, since the following principle previously worked: " Metals rise (for example, against the backdrop of...
There are many factors affecting the market this week. Central banks of various countries will be the focus this week. The Bank of Japan and the Reserve Bank of Australia will announce their interest rate decisions on Tuesday, the Federal Reserve will announce their interest rate decisions on Wednesday, and the Bank of England and the Swiss National Bank will...
First entry was a little premature and we have entered again. (last entry was still active with slight hold given in channel). - Price is below 200MA - All MAs in order for sells - MACD has crossed above 0 line in sell side SL is 2166.20 TP1 2146.20 TP2 (LONG TERM) 2080