Gold could make a new higher high today, will wait for confirmation of a break, also might see this trade through to NY session. All about patience...
looking to get in during our London session open momentum, rejection zones at 1960.44. Looking to get in on momentum break from rejection a fee pips down. Entry looks to be safer at 1959.74, aiming for a 2 Dollar move to the downside. If rejection hold we wait for our upper channel to break resistance at 1974.69. We look to aim down entering at 1959.74 exiting at 1956.74
On GBPUSD a bearish gartley has formed. Price rallied up to the 1.24 zone. Entry for this short is 1.24234 stops above 1.2466 and targets below 1.234. Use proper money management. Cheers
Currently looking at this setup. We see that price made a break of structure in Asia and we are now just getting back into our supply zone. From here i want to see some bearish price action confirmation to aline with the sells.
TVC:GOLD Gold prices push the lower line of a two-month-old bullish channel as XAU/USD traders brace for key US Retail Sales and debt ceiling negotiations among US policymakers. However, the 200 SMA adds strength to the $2000 support, making it key for the XAU/USD bears to break before taking control. Even if Gold prices drop below 2003$, the 2,000$ round figure...
EUR/JPY is heading towards the neck and shoulder line after the cross broke out of the 20-day Exponential Moving Average (EMA) at 147.68. However, it still hesitates to achieve a decisive breakout that could invalidate the pattern. As the Asian session begins, EUR/JPY is trading around 147.95, down 0.06%. EUR/JPY remains skewed to neutral, although in the near...
TVC:GOLD Gold prices increased their bid to refresh the intraday high near 2,035$ early Thursday, reversing the previous day's retracement from a one-month-old horizontal resistance. Precious metals benefit from broad US Dollar weakness. The XAU/USD pair maintains a neutral to bullish view in the daily chart. The pair is growing above all of its moving averages,...
EUR/JPY has printed consecutive bearish sessions breaking last year's high of 148.48, extending its losses past the 18-day Exponential Moving Average (EMA). The evening star three candlestick pattern shows that further downtrend is expected. But the Relative Strength Index (RSI) indicator remains bullish, while the 3-day Rate of Change (RoC) depicts the momentum...
Hello team, welcome back to another week of trading. This week, we will be focusing on the NAS100/US100 pair. Upon analyzing the hourly chart, we can see a clear range inside our swing move, indicated by the yellow dots. Currently, it appears that the market is staying bullish, with the hourly range touching and creating an equal high on our chart. This is a...
Bearish engulfing.... Big probability that price may go to 1991.28
Confluences to short Resistance level 300 pip move will need to pull back to go higher US dollar has stopped and starting to reject New York session -0.27 weekly bullish fib 15 minute rejection candlesticks
Hello,Traders! EUR-GBP is making some Wild fundamental moves However, there is still Place for some good ol Technical analysis even In the abyss of madness And according to the Technicals the pair Will probably move Further down towards The target below Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
XAUUSD is a very, very aggressive drop from the 1860 level due to a very strong selling power at this level
If CADJPY breaks the high, it will push up and we will be looking for buys instead. With current market structure it is showing bearish moves, so I will be expecting a breakout once its breaks through the low (red zone) then we will be on heavy sells! Cheers scalpers!
USD still looking bullish, going to look for a retracement during London session up to my Gann box (void area) then look for shorts off that session high down to a possible Asia session low.
I have been focusing on US30 for the last 9 months and accoring to my analyses this should sell of till 15M Supply szone
HEAD and shoulders retest was perfectly played we will start to add more positions on another pull back!
As we can see, our structure zone was respected(purple box) as support, but was broken threw and now will be used as resistance, which is known as Role Reversal. the market will retrace back to 1.23196 and will shoot back down to our last low point. Pips to be grabbed and collected Ladies & Gents. Risk: 28 Pips Reward: 199 Pips