Good morning Gold Gang! hope you are well on this surprise outlook for bank holiday here in the UK and memorial day over in the US. I honestly thought the market was closed .. ah well here we are Im not expecting much volume today at all .. so the levels are there really to roll over to tomorrow. Sell zone is a nice clean range for it to move down .. dxy is...
As you can see on the chart, Using my strategy i have found a OTZ (Optimal trading zone), this particular zone has been tested Various times with price entering and exiting from here. The zone is between $28,133 - $27,444. - Looking for potential breakout out of this zone, once this happens I like price to re-enter this OTZ again to establish a strong support...
On GBPUSD, we have a bearish setup after the news on the dollar and the possibility of a debt ceiling bailout. We have a price that, after forming a demand zone at 1.23200, rose towards 1.2440 where we have a supply zone with a highlighted short setup in blue. I will be looking for an entry point there. Let me know what you think. Happy trading to everyone.
Strategy with goood mode RSI, long position, tp <=30 lvl Of the GOOD MODE RSI
when you see buy pinbar on 1hour or 4hour or daily chart ,pick buy with SL=pinbar low wait time=2week predict=dow,nasdaq,sp500 will see all time high again (35000) but with 2-3 mini crash if you have old buys,dont fear, if red area break,hedge your buys wish you win
n XAUUSD, we have a market that is declining after reaching today's highs at 1985. The price is descending towards the 1960 demand zone where the price could potentially change direction and return to 2015. However, tonight the FOMC data will be released, which could push gold downward, breaking the 1960 zone and taking it down to 1885, where we have a significant...
On ERUCHF, we have a bearish setup with the price attempting to bounce back around the 0.971 area where we have a supply zone. In that zone, the market dropped, creating a point of interest (POI). Following the Forex48 strategy, I opened a trade with a 1:5 target ratio. Let me know what you think. Happy trading to everyone!
On XAUUSD, we have a primarily bullish setup that is currently retracing in the 1960 area and attempting to move back above 2000. My trade is based on the Forex48 2.0 strategy, which is a well-defined graphical configuration. Let me know what you think. Happy trading to everyone.
On GBPAUD, we have a bearish setup around 1.869. As the price has been descending, it has formed a validated supply zone with two spikes around 1.8780. Following the Forex48 strategy, I have highlighted the entry zone defined as the Point of Interest (POI). The target for the short trade is expected at 1.8620. Let me know what you think. Happy trading to everyone.
On GBPCAD, we have a primarily bearish setup with a price that attempted to change its structure on Friday without success. This morning, the price created a short setup with the entry point highlighted in yellow. All of this follows the Forex48 strategy. Let me know what you think. Happy trading to everyone. Forex48 Trading Academy
On CADJPY, we have a price that, after a bounce around 102.70, has returned to the level of 102 where we have a relatively insignificant demand zone. Coming down from a supply zone, the price has formed an interesting Point of Interest (POI) with spike convalidation, meaning it has formed a bearish setup with an entry at 102.54 level. Let me know what you...
NZDUSD; Continuation of the swing long bias after a short retraction put to stop on the 0.38 fib level giving us the continuation confirmation of our bull run... take profit to be taken at the bullish imbalance price line for a short holder
-Using the 4HR time frame I found a busy Zone which price previously entered and there was action. - My strategy consists on locating a OTZ ( optimal trading zone), using the 4HR help locate the overall direction. -I like to see price enter this zone above, once this is confirm then i will wait until price retest it for a new support area. -My confirmation...
On AUDUSD, we have a bullish setup this morning with a trade that started after defining a point of interest (POI) overnight, which is a bullish setup. The objective is to wait for a bounce around 0.6620 or enter around 0.664 if a bullish setup forms. The target is in the 0.76 zone. Let me know what you think. Happy trading to everyone. Forex48 Trading Academy
On GBPAUD, we have a bearish setup that, after reaching highs around 1.8780, is heading back down towards 1.8620. To reach our point of interest (POI) zone, the market could bounce around 1.8680 before descending to 1.8620, where the long trade will initiate with a target of 1.8780. Let me know what you think. Happy trading to everyone.
EUR/GBP shows a neutral structure with a price ranging between 0.8730 and 0.8670. The Forex48 strategy has identified a bullish setup for a long entry within a demand zone around 0.868, with a target of 0.8730. Let me know your thoughts. Happy trading to everyone. Forex48 Trading Academy
NZDCAD has formed a bullish structure since Tuesday, May 16th. Currently, we have a price that has established a demand zone around the 0.84 level, creating a bullish setup highlighted in yellow around 0.842. The objective is to enter a long trade with a target of 0.85. Let me know your thoughts. Happy trading to everyone.
EUR/JPY is currently presenting a bullish setup, meaning that the price is rising towards 149 where a supply zone is located, providing a short setup as identified by the Forex48 strategy for entering a short trade. The objective here would be to wait for the price to reach this zone and then enter with a target of 148. Let me know what you think. Happy...