Gold broke out of the falling wedge as predicted with strong momentum. I will now be waiting on the retrace and looking to get into a long position. AOI at the moment is the broken structure on the 4hr TF marked on my chart.
GJ has continued to climb but is also showing signs of being squeezed & slowing down. Daily TF is still bearish and i am expecting further down side at the moment
DXY looking like its slowing down after the impulse move to the upside. Now forming a rising wedge and close to a AOI. Favouring downside for this but neutral at the moment waiting on clearer confirmation as to what the market will do to give us the highest probability trade.
Will update during the week.
GBPUSD SELL @1.38800
TP1 @1.38600
TP2 @1.38300
TP3 @1.37800
SL @1.39400
Note:- Use exact entry or below this level. This is Time to cash this retesting.
AUDNZD H4
really nice rejection, perfect evening star on the H4 yesterday on a key resistance zone, stacking price action with higher timeframe, powerful trading zones is exactly what we aim to do with these less impulsive pairs, ended up pushing 5R from the lowest price before the market correction.
Could see downside continuations come back into play as we...
AMZN H4 -
Back on that resistance range after opening upside the last couple of trading days to end the week last week.
US stocks wanting to push higher, but again, firm believer in 'don't fix it unless it's broken', range has been performing nicely still for practically a full year now!
Hy dear Members. Hope you all are enjoying our Signals and analysis. Now we are here to discuss about EURUSD. EURUSD is exactly Moving according our analysis. Now this is at a strong support level. Here it will decide where to Move Maximum Chance it will bounce back to Price level 1.20
We will wait for confirmation Before Entry.
Keep in touch we will update further soon.
ASALAMUALAIKUM GUYZ
LOOK LIKE AAVE/USDT IS ON THW WAY TO BREAKOUT.
IF AAVE/USDT GIVE A BREAKOUT SIGNAL SO ITS VERY GOOD TO TAKE A ENTRY HERE.
BUT BE AWARE AAVE IS HIGHLY COLLERATED TO BTC SO BEFORE TRADING CHECK WHERE IS BITCOIN GOING.
HOPE YOU ALL ARE FINE.
Hy dear Members hope you will Enjoying our ideas and Analysis. Now we are here to discuss about GBPNZD. GBPNZD is Making Bull flag pattern. And it has maximum Chances that it will touch the Price level 1.98 Soon.
Keep in touch we will update further soon
Higher high, higher low, bounce off 200ema, targeting next area of resistance and the following area as TP1 and TP2 respectively. Let's see if it plays out.
Trading Idea --- NOT AN INVESTMENT OPPORTUNITY
Key Technicals:
-Breakout of Descending Channel
-Structure Levels and 2020 Long Term Level
-Directional Bias - Bullish
Fundamentals:
-Dovish Economic Outlook for both
-Both currencies weak across the board
-Neggy JPY Interest Rates
Patiently waiting for this set up.
The Daily chart is now showing a strong bullish trend .
Here you can see on the 30m chart a strong resistance level has been breached, how do we know this was a strong resistance level? Take a look how price reacted to the upper purple zone, we can see price head in to that area before being rejected sharply numerous times. We...
Price has broken through the 4hr fractal high indicating that GU wants to push higher, also price moved aggressively upwards in a really short amount of time and it broke past the previous higher high and created a higher low indicating that an uptrend is going to continue. We will wait to see if price retraces back to 61.8 fib area where there is a support level...
