We're seeing the Gold bearish momentum carry on today, pushing our sell position into higher profits😍 Congrats to everyone who stacked onto their sell positions yesterday.
The GBP/USD pair on the M30 timeframe displays a potential selling opportunity due to a well-defined bearish channel pattern. Sell Entry: Consider entering a short position around the current price of 1.2580, positioned close to the channel resistance. This offers an entry point near a potential reversal zone. Target Levels: Initial bearish targets lie at the...
Looking for the imbalance below Wave 4 to be filled, as buying momentum is slowing down & getting very choppy. Liquidity grab in bound. ⭕️5 Wave Impulse Move Complete. ⭕️3 Wave Correction (A,B,C) Yet Pending. ⭕️Selling Divergence.
The USDJPY pair has been on a Channel Up pattern since the December 28 2023 Low. That was a Higher Low on a potential (blue) Channel Up running from July 14 2023, as both Higher Lows have been formed on the 1W MA50 (red trend-line). The longer term pattern remains however a Bullish Megaphone on Higher Highs and Higher Lows. The 1D RSI indicates that we might be...
The GBP/USD pair on the M30 timeframe presents a potential buying opportunity due to a recent upward breakout from a bullish channel pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming minutes or hours. Key Points: Bullish Channel Breakout: The price has been trading within an upward-sloping...
H4 Analysis: Analysis/expectation remains the same as yesterday (15/02/2024) -> Swing: Bullish. -> Internal Bearish. -> Has reached EQ. Price has printed a further bearish iBOS followed by a bullish CHoCH which is the first structural indication that pullback following bearish iBOS has initiated. Expectation is for price to continue bullish and react at H4...
Dollar pushed higher on CPI news, expectations are for a pullback lower. High probability price will drop from this level without touching 105.00 Targets below 104.200. Use proper risk management.
This is my Intraday analysis on EURUSD for 16 Feb 2024 W7 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bearish INT Bearish INT Pullback Phase 2. After a BOS and iBOS we expect a Pullback. As expected after the Bullish CHoCH and mitigation of 4H/Daily Demand zones, we...
If the Dollar can hold its position we should get a bullish buck for the rest of the first quarter at least. Monitoring price for scalps on the way down on GU.
– Thursday Daily candle closed Bullish forming Daily Support around 1992.400. I’ll be looking for potential Buys above 2008.400 targeting previous Daily Support formed on 25th January 2024 at 2014.200 and the previous 4h Support formed on 12th February 2024 at 2019.200. I’ll be looking for potential Sells below 2000.100 targeting previous 1h Resistance formed...
NZDUSD - 24h expiry Indecisive price action has resulted in sideways congestion on the daily chart. Pivot resistance is at 0.6140. We expect a reversal in this move. A move through 0.6100 will confirm the bearish momentum. The measured move target is 0.6050. We look to Sell at 0.6140 (stop at 0.6166) Our profit targets will be 0.6075 and 0.6060...
Looking like Ill be changing my bias based on structure, and DXY short. Will hold for 160 pips but first TP is 40 Enjoy
Gold sells still moving nicely. Take advantage of these small pullbacks to the upside & use it to load up on more sell positions. If you missed the sell position when I called it at the top, use this pullback to finally join the selling trend🦾
EURUSD - 24h expiry The medium term bias remains bearish. Buying pressure from 1.0695 resulted in all the initial daily selloffs being recaptured. Buying posted in Asia. There is scope for mild buying at the open but gains should be limited. Expect trading to remain mixed and volatile. We look to Sell at 1.0755 (stop at 1.0780) Our profit targets will be...
Honest opinion is the dollar continues to rally after its big move yesterday. In this case I'll only be looking to place a pending order after 0845EST for the sell stop at 1986. Keep in mind things may change from now to 0845, if it does ill add it in the comments section.
Hi folks today I'm prepared for you Gold analytics. Some days ago price reached resistance 2, which coincided with resistance zone, and soon broke this level and rose to the trend line. But then the price turned around and in a short time declined below resistance 2, breaking it again and later Gold tried to back, but failed and continued to fall. Soon, the price...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 DXY has been overall bullish , trading within the rising wedge pattern in red. At present, DXY is approaching the upper red trendline acting as a non-horizontal resistance. Moreover, it is retesting a strong resistance zone marked in green. 🏹 Thus, the highlighted red...
We last looked into the USDRUB pair 4 months ago (October 06 2023, see chart below) when we got the most optimal sell entry and easily hit our 95.000 target: This time we transition to the 1W time-frame where the long-term trend is more evident, and it remains bullish within a Channel Up pattern that is holding since The June 27 2022 market bottom. The 1D...