Gold is just consolidating inside this wedge this week ahead of FOMC. There is a good chance it will consolidate until then. I am still favouring upside for gold at the moment nothing has changed for me. Still inside the wedge and it could continue down to the outer trend line for a 3rd touch. if it breaks the outer trend line i will be looking for sells
There is a Trading Signal to Sell in GBPUSD Currency Pair.
Traders can open their Sell Trades NOW
⬇️Sell now or Sell on 1.3795
⭕️SL @ 1.385
🔵TP1 @ 1.366
🔵TP2 @ 1.3565
🔵TP3 @ 1.3425
The pair hit a high of 1.3898 yesterday after more hawkish remarks by BOE policymaker, Michael Saunders.
Sellers tried testing waters just below 1.3800 earlier, with the low touching 1.3793 for a brief moment before a turnaround now to a session high of 1.3850.
In the bigger picture, the BOE has been playing it slow with regards to normalising policy...
As I track BTC, I also track DXY as they are closely correlated. The DXY is due for a big retracement to the bottom of the diagonal triangle. This will give a strong push to BTC on the way up. I now target at least the 42 k level for BTC, and midterm, the 58K...needs to break a few resistances before I turn completely bullish. I still think we will go to 22k after...
There is a Trading Signal to Sell in USDCHF Currency Pair.
Traders can open their Sell Trades NOW
⬇️Sell now or Sell on 0.922
⭕️SL @ 0.9281
🔵TP1 @ 0.9126
🔵TP2 @ 0.9030
🔵TP3 @ 0.8940
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really nice rejection, perfect evening star on the H4 yesterday on a key resistance zone, stacking price action with higher timeframe, powerful trading zones is exactly what we aim to do with these less impulsive pairs, ended up pushing 5R from the lowest price before the market correction.
Could see downside continuations come back into play as we...
Hello traders, The dollar index in 1 hour frame, according to the modification of the wave we had in the 4-hour frame, was modified in the 1 hour frame, so that everything is aligned together .
According to the analysis of waves 1 and 2 and 3, we are completed and now inside the wave 4, this wave will probably be longer than the wave of 2, and we will consider...
Hello traders, Gold In the daily time frame, it is not yet clear whether the 4 gold wave is zigzag or flat.
Currently, the price is on the support of the trend line and it is more likely to rise due to the correction of the dollar index , but if the price moves up, we know that it is flat (green probability), but if the trend line is down. To break it must be...
Hello traders, Dollar Index in 4-Hour Timeframe, this analysis has been prepared in 4-hour timeframe but has been published for a better view in 8-hour timeframe.
In the 4-hour time frame, wave 3 seems to be complete because this wave 3 is on Fibo 0.78 compared to wave (b), which will go to wave 0.88 or 1.00 targets compared to wave b by modifying the trend wave...
Hello traders, The dollar index in the daily timeframe , as you can see in the chart, has completed wave a, and now we are inside wave b, and wave b is a flat that we are currently in microwave c.
The plate formed in wave b corrects relative to wave a to Fibo 0.88 and wave c reacts to Fibo 0.23 to (a) so that it is better to have a break in this area and then move...
Hello traders, The dollar index in the 1 hour time frame, considering the strong movement of the dollar index in the last few days, we can say that this wave is probably wave 3 and needs a slight correction that is wave 4 to start wave 5. So we expect a small correction and then start the uptrend to the set goals.
🙏If you have an idea that helps me provide a...
Hello traders, Dollar index in time frame 1 hour, considering yesterday's climb, now we expect a neutral and side movement.
It certainly can not be neutral and suffering, but it is better to be in the form of suffering, because according to the cup pattern of the dollar index , the possibility of side and neutral state is much higher.
It should also be noted that...
Hello traders, 4-hour timeframe dollar index , this analysis was prepared in 4-hour timeframe, but I published it for a better view in 8-hour timeframe. Considering the movement of the dollar index in wave 5 today, the c of this flat is completing the first Fibo PRZ of 0.88 because it is one of the harmonic pattern fibos.
If you pass that area, Fibo 1.27 is a...
Hello traders, Dollar Index In 1 hour, I predicted two possibilities for the dollar index
1- Wave c from wave b from wave 4
2- We are inside one of the 5 waves and wave 4 is over and wave 5 is the beginning
Probability 1: Wave 4 is not over and wave b is being completed, and then wave c is formed, which will probably form outside the channel. We expected wave 4 to...
Hello traders, The dollar index in 1 hour time, as I said in the previous analysis, the uptrend for wave B, but from now on there are two possibilities:
1- Is wave 4 over?
2- Can this wave be a wave of 1 out of 5?
However, we analyze bilaterally if the price approaches the bottom trend line (the bottom line of the channel) and break the trend, but if the trend...