On the flip side, the upper band of the Bollinger on the daily chart and Pivot Point one-day R1 restricts the immediate upside of the Gold Price near $1,950. More importantly, the 100-DMA and Pivot Point one-day R2, close to $1,957–58, appears a tough nut to crack for the XAU/USD bulls before rushing towards the Fibonacci 23.6% on one-month surrounding...
As we all knows that US government has just $38 Billions to pay its debts. The economy of US is standing on very critical edge. Anything can be happened.
BTC on retest mode and it really need to induce buyers in order to give a great move on short. Monthly View BTC shows how great move it is since, because of "DXY" Dollar weaken time and now "DXY" Dollar has gain strength and take a ride up, let's be positive with this and see the outcome on BTC 👍📉
Entry : 0.66149 Stop Loss : 0.65921 (22 pips) Take Profit : 0.66671 Risk/Reward Ratio upto 2.3 Note: Never risk more than 2% of your total capital. Disclaimer: I am not financial advisor. Take Trade at your own risk.
if there valid, it will make cup and handle pattern and continuos the tren up, dont believe on my analysis do your own research.
The pair for a while now has successfully formed a bearish chart pattern, the head and shoulder pattern, after market structure confirmation,price is ready to take a SHORT Journey to the abyss. Enjoy the ride!
USDCAD has formed a head and shoulder pattern on the 4H TF and after some market structure confirmation, price is set to take a SHORT journey to the abyss.
There is a descending triangle breakout happened on GBPUSD at 4-hour time frame, but there is also a strong support at 1.36780. So, if the price is able to break that support then you can Open a SHORT entry with the target of 1.34950 or 1.2 risk-reward ratio. REMEMBER: Always do your own analysis before entry & take 2-3% risk per trade HAPPY TRADING
Okay so gold sells to the support level 1800 ....where we will push back up. This time we push to 1850 If you find my idea useful like and maybe share your comment
Let but to fibonacci level 0
I will buy GOlD after it breaks out of the resistance down sloping trendline of the descending triangle.... Since I want to be assured it's going to buy alot
Let's embrace the sell Aim 30 pips
Trend be my friend .... Now I buy to 1791.5 level