We can clearly observe that we are once again in an uptrend, which is certainly encouraging news. This resurgence makes a break below the current low of November 2022 at 15k seem unlikely. Thus, we find ourselves in a new bullish cycle, with a potential target of at least 100k. Personally, I believe that aiming for 150k to 250k in this cycle is quite...
Entry: with price above 219.23 Volume: with volume greater than 955k Target: 243.31 area (this is an area, no guarantee it reaches this price, but you should be selling on the way up) Stop: Depending on your risk tolerance; Based on an entry of 219.24, 207.22 gets you 2/1 Reward to Risk Ratio. This LONG swing trade idea is not trade advice and is...
Entry: with price above 364.63 Volume: with volume greater than 5.4M Target: 382.41 area (this is an area, no guarantee it reaches this price, but you should be selling on the way up) Stop: Depending on your risk tolerance; Based on an entry of 364.64, 355.75 gets you 2/1 Reward to Risk Ratio. This LONG swing trade idea is not trade advice and is...
Gold price assessment this week TVC:GOLD During this week, the gold price has continuously dropped from 1,912$ to 1,884$ and closed at 1,889 USD/oz. Gold prices fell this week as the yield on the 3-month US Treasury note jumped to 5.29%, its highest level in 15 years and well above its long-term average of 4.5%. ,18%. This shows that investors are expecting...
Analysis and strategy OANDA:EURUSD In the 24-hour timeframe: Yesterday, I expected EUR to trade in the 1.0870/1.0915 range. We didn't anticipate the spike in volatility. After rising to a high of 1.0930, EUR plummeted to a low of 1.0831 and then closed at 1.0844 (-0.44%). The rapid decline has regained momentum and EUR is likely to weaken further today. A...
TVC:GOLD Gold price remains slightly bullish as it consolidates previous losses amid positioning ahead of NFP. Also allowing Gold to maintain a light bid are headlines showing China stimulus and US Treasury yields falling from their highest levels since November 2022. It's worth noting the active signals The recent mixed US employment and activity has been...
OANDA:XAUUSD Late Tuesday, ratings agency Fitch downgraded the top U.S. government credit rating to AA+ from AAA, citing the risk of a financial recession over the next three years. The US dollar partially reversed earlier gains and tracked fresh weakness in US Treasury yields, providing some support for gold prices early Wednesday. The greenback failed to...
OANDA:XAUUSD Gold prices fell slightly on the first day of a new week and partially eroded Friday's positive move. The more hawkish outlook of major central banks puts downward pressure on XAU/USD. Hoping that the Fed will end its rate hike cycle soon could help limit further losses for the precious metal. On the downside, bullish technicals will continue to...
TVC:GOLD Gold prices continued to struggle to gain any meaningful traction on Monday and hovered in a narrow trading range for the second straight day. Gold is currently trading just below 1,965$ during the Asian session, although it has managed to maintain its value above the 100 hourly Simple Moving Average (SMA) so far. The US dollar (USD) edged higher on the...
I decided to go as low as the 5minute timeframe for an entry into this Bullish Pair. As I noticed price respecting structure creating higher highs and higher lows on the 1hour, 30min and the 15 minute time frame, I felt very confident going Long upon a retest of any support along with a reversal candlestick. After a 30 min higher high and a retest on the buy side...
After consolidation, we got a deviation at the upper border of range. There is a huge amount of liquidity at the lower boundary, which should be removed. You can look to enter a position after a confirmation or the start of a downward OF on the MTF. Targets are indicated with red levels. Open your positions after conformation of LTF (5m or 1m TF)
Lows Were Swept from the previous *Prediction* Analysis and as I anticipated. There was a swing high that was formed at around 9:00 am LA Time which got broken causing an ICT Market shift Model where I took an Entry at the lowest Fair Value Gap and Stop loss Just below the candle. I will be Targeting the Redlivered Rebalance and will keep you updated... I will be...
Our 4-Hour channel Breakout from a few days ago has reached its target. The target was the bottom of the beginning of the channel. However, we had no retrace to the neck zone, so we had no entry. I am a breakout and retrace trader, and if I see no retrace to the point of interest, I will not take a position. My thoughts on Gold now is that if support does...
SLV weekly chart showing a prominent double bottom with the Sept low and Dec retest holding nicely. With the long term trend line lending support, it appears safe to renter the slippery silver paper waters once again. SLV will likely try to play catch-up to COPX (also shown) which has gained +20% since Dec 20th. I doubt SLV will post those high % gains but a...
Here I see a nice technical look entry if engage RR could be 5:1 ! CADJPY Broke the downtrend of various days we could see December 9th high’s or do a new ATH for the end of the year. Canadian dollar is doing great on this pandemic since dollar is guided by Oil and gold. The best play here would be to buy it against the Yen since it’s been weak sessions after...
Plan your trade. Set Entry and Exit point. Secure Profit. Greed is Good, "BUT", Always trade according to your plan.
Bullish falling wedge formation on HNT, Stoch RSI oversold with BTC pair bouncing from support. Entry: Around bottom of wedge Target: $59.27 (ATH) - $61.83 (2.618 fib extension level) SL: Under previous wick (~$35.56) *Aiming for 55% swing trade with 7.5% risk Happy trading! :)
Idea is on the chart. - Market is uncertain, but BTC sits on support.