Btcusd strong bullish It will be met with buying interest, potentially propelling the market towards the $52,000 level. However, surpassing this point may lead to a more sustained buy-and-hold approach. Nonetheless, overcoming the existing resistance levels poses a challenge, considering the market's prolonged period of overextension.recent introduction of the...
FX:EURGBP Hello friends, I have identified the formation target, entry zone, and stop level on the chart. Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Good luck
This opportunity is a low risk with high reward trade. You can see there are some extremely powerful support & resistance levels attached to the chart. I am buying this trade because AUDUSD clearly can't break the support level and i see a nice upturn towards the resistance level.
EURAUD is now gearing up for a DROP and here's how you need to position yourself. Trade Idea: - Watch price correction around 1 if it fails, wait for 2 - SL Above the AUTOMATED KEY ZONE - Target is at the next MAJOR ZONE for a 400pips or 500pips
🏃♂️ GBPCAD is moving near 🟡 Potential Reversal Zone(PRZ) 🟡and 200_SMA(Daily) . 🌊Regarding Elliott Wave theory , GBPCAD is completing the Expanding Flat(ABC/3-3-5) corrective structure. 💡Also, we can see Regular Divergence(RD+) between two Consecutive Valleys . 🔔I expect GBPCAD to rise to at least the 🔴 Resistance zone(1.715 CAD-1.700 CAD) 🔴 after...
AUD/USD Gains Positive Momentum Amid Global Market Dynamics The Australian Dollar (AUD) is riding a wave of positive momentum during Friday's European session, extending its bullish trend from earlier in the week. A brighter sentiment in European markets and some profit-taking after a robust US dollar rally are contributing to the Aussie's upward trajectory. ...
By examining the gold chart in the daily time frame, we can see that after the last analysis, the price of gold rose up to $2062 to collect more liquidity, and after reaching $2065, it faced a heavy fall, And the price on Friday and today was able to correct up to $2015 with a further drop! We saw more than 500 pips falling in less than 2 days! Now, only if the...
Gbpusd surely Fall soon down on the earth the current short term trend to the upside. If the price were to break below the trendline, we can expect the sellers to pile in already to position for a break below the 1.24 handle and new lower lows. The buyers, on the other hand, should keep on leaning on the trendline to continue targeting the 1.25 resistance
Hello Traders, here is the full analysis. Price reversal going up levels for BUY . GOOD LUCK! Great BUY opportunity AUDNZD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will...
Today XAUUSD Setup | GOLD 06th of February 2024 01 : Around BUY 2020 TP 2025 - 2030 02 : Around SELL 2030 TP 2025 - 2020 03 : Around BUY 2010 TP 2015 - 2020 04 : Around SELL 2040 TP 2035 - 2030 05 : GOLD Broke 2030 - BUY Trade 2035 - 2040 06 : GOLD Fell below 2020 - SELL Trade TP 2015 - 2010 07 : GOLD Broke below 2040 - Buy Trade TP 2045 - 2050
EUR USD has fallen to a major support level and formed a pin per candle on the 4h Will be looking for some sort of double bottom on the 1hr timeframe to get a buy entry
Usdjpy buy here show the chart It's no surprise to see the US dollar sizzling today after non-farm payrolls rose by 353,000 jobs compared to 1800,000 expected. It's the strongest month of jobs gains in a year and raises big doubts about whether the Federal Reserve will be cutting rates anytime soon. USD/JPY is a big beneficiary, up 180 pips to 148.11 today. The...
OANDA:EURUSD Now for the Euro we are in a global sideways range We need to wait for a reaction from the key level marked with a red eye. Next, you can consider opening long-term positions in continuation of the trend. Otherwise, we will go to the 1.050 zone On a 15-minute timeframe, you can work locally long until the turbulence zone Also on the 4h...
Hello Traders, here is the full analysis. The completed correction, recovery and formation of a pre-breakout set-up hint at the continuation of growth. GOOD LUCK! Great BUY opportunity USDCAD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or...
usdchf In the bigger picture, there is prospect of medium term bottoming at 0.8342 considering possible bullish convergence condition in W MACD, and the support from 0.8317 long term fibonacci support. Sustained trading above 55 D EMA (now at 0.8662) will affirm this case, and bring stronger rise back towards 0.9233 resistance, even as a corrective move.if you are...
the eurusd has just made a new 6-week low, but may have found some support, even if it is short term, at $1.0773. I think the outlook is bearish due to the bearish technical and the resilience in the US Dollar which continues as Fed Chair Powell continues to talk down the prospect of an early rate cut. I think the best opportunity today in this currency pair will...
Today XAUUSD Setup | GOLD 05th of February 2024 01 : Around BUY 2030 TP 2035 - 2040 02 : Around SELL 2040 TP 2035 - 2030 03 : Around BUY 2020 TP 2015 - 2010 04 : Around SELL 2050 TP 2055 - 2060 05 : GOLD Broke 2040 - BUY Trade 2045 - 2050 06 : GOLD Fell below 2030 - SELL Trade TP 2025 - 2020 07 : GOLD Broke below 2050 - Buy Trade TP 2055 - 2060
hello guys... it was the last analysis of the usdcad: "look at the bottom of the chart, as you can see the last lower low touched the flip area and was rejected from there! so we can count on another upward movement! on the other side, in a higher time frame, we can watch the price make a Quasimodo pattern and now it touches it with a pin bar candle so we can...