This signal is seen in 4 hours. As you know, the signal is not suitable for people who want to finish the transaction quickly.
This signal is seen in 4 hours. As you know, the signal is not suitable for people who want to finish the transaction quickly.
This signal is seen in 4 hours. As you know, the signal is not suitable for people who want to finish the transaction quickly.
Bitcoin prices were moving upward at the beginning of 2021. But, its investors have seen heavy downfall into May to June. Afterward, it has hiked from 28600 to above 51356 . According to Elliott's wave theory, it's running under the 4th wave. We may see a sideways trend here. Bitcoin is preparing for a solid uptrend ahead. It's a right to jump on Bitcoin for...
If a Candle on either daily or the 4-Hr Time Frame can close above the Support line, and also on the other side of the thick red Trend line, then, prepare for a leg up. We are still waiting for the right time to buy. One major determining factor is the upcoming FOMC meeting. If interest rate rises from there and the Fed signals even more rate hikes, then, it is...
AUD/CAD finally reached the support line (coming from our SELL call earlier on), and may be getting ready to start coming back up. If the daily support is steady, we will be looking at buying AUD/CAD at around 9028. Our Stop Loss will be around 8968. A candle on the 4-hr chart at the least must close fully above the Support line before we can BUY. Good luck fb...
Gold lost more than $30 on surge in US treasury yields. The 10-year yield jumped more than 8% and hit a five-week high as the latest omicron virus will do less harm to the economy. The hopes of a rate hike by the Fed also dragging yellow metal. It hits a low of $1798 and is currently trading around $1805.75.
Technical: The near–term major support is around $1817, violation below targets $1805/$1800/$1790. $1675.Significant trend reversal only below $1750.The yellow metal facing strong resistance $1835, any violation above will take to the next level $1860/$1877$1912 is possible. It is good to buy on dips around $1800 with SL around $1780 for TP of $1860.
A rejection from OB and channel top can be seen. We are taking a tight stop and targeting little more profit. Details provided on chart.
. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
EURJPY SELL @127.36 SL @129.06 (-175pips) Tp @ 146.23 (+350 pips) Risk: Reward = 1:2
GBPJPY SELL @149.33 SL @150.83 (-148pips) Tp @ 146.23 (+300 pips) Risk: Reward = 1:2
Plan A (LONG): If it respects the formed channel and does not give a breakout, and formed bullish candlesticks pattern at HL near the bottom line of Channel then; Buy at Buying zone after formation of Bullish Candles near 112.300 which is at around 23.6% Fib level TP 1: 114.133 (Major Resistance) TP 2: 115.314 (Previous HH) SL: Whenever it breaks the formed...
Price pulled back into our area of interest, and bounced out of the resistance zone. Price is now at a support level, however we are looking for downside to continue. On The 1H chart we can see price has formed a head and shoulder pattern, and we are looking for the neckline to break.
GBPUSD is trading to the upside prior to the USD Initial Jobless claims data, which measures the number of people applying for unemployment benefits for the first time. Technically the pair is in a bullish 1H cycle, and we're targeting the previous structural resistance as our TP.
Time Frame: 4H Symbol: JPYUSD Bias: short Considering the over all market structure JPY pair has a potential to go down as it will be difficult for the pair to outweigh the strength of US dollar. Therefore, a short trade is more probable than a long one.
Time Frame: 4H Symbol: XAUUSD Bias: Short As the gold price is in a 4 hour resistance level, we are expecting a reversal move and therefore a beautiful short trade. Considering the overall market structure ,it is time to short gold.