TRADE2PROFIT_ACADEMY

TRADE2PROFIT_ACADEMY Updated 

On 4H timeframe, XAUUSD is on a downtrend. We are currently having a bullish pull back. Fast traders are free to trade long to the resistance. However, those that plays safe and trade with the trends can place their entries from the resistance. Good Luck!!!

TRADE2PROFIT_ACADEMY

The resistance level has been retested and it is heading for the support. Its safe to take an entry at this point because on the Daily time-frame, gold is currently on a downtrend. So we can trade with the trend.

TRADE2PROFIT_ACADEMY

Good Luck!!!

TRADE2PROFIT_ACADEMY

Good Luck! To learn more visit my month analysis on THANKS!!!

TRADE2PROFIT_ACADEMY

From the year 2003, it is observed that we have been on a down trend. Since the brexit trade deal, GBP has been gaining value which lead to the increase in price, We can see the rejection on the last candle due to its reaction with the current resistance. We can see a triple bottom formed and this has added to the upward trend we are experiencing now. We are...

TRADE2PROFIT_ACADEMY

We are currently on a strong downtrend and the trendlines have been tested severally to show we are in a long term bearish market. A W-pattern is likely to be formed. So our target is either the trendline or resistance or both.

TRADE2PROFIT_ACADEMY

W-pattern has been formed. We are predicting a bullish movement either to upper trendline or resistance.

TRADE2PROFIT_ACADEMY

After bearish confirmation, place a sell trade in the strong bullish trend.

TRADE2PROFIT_ACADEMY

Good Luck!

TRADE2PROFIT_ACADEMY

We can see from the chart that GBPUSD has formed an upward channel as it continues to test its previous lows. It is safest to wait for the bearish reversals before joining the buyers for beginners. But for intermediate to advanced traders, the bearish position can be placed before joining the bulls.

TRADE2PROFIT_ACADEMY

The buyers' sentiment over gold is high. We are looking to see a bearish divergence formed on the RSI before buyers take full control over the market. Price has not reached the support level since 30th of Nov 2020. And we are likely to see a bullish movement from this zone. Good luck.

TRADE2PROFIT_ACADEMY

Good Luck.

TRADE2PROFIT_ACADEMY

Good Luck!!!

TRADE2PROFIT_ACADEMY

XAUUSD has formed a head and shoulder and we await a short trade. But as for a long term, a flag has been formed on the daily and we expect s a a strong bullish trend. Good luck!!!

TRADE2PROFIT_ACADEMY

Thank you and Good luck!!!

TRADE2PROFIT_ACADEMY

EURUSD will go bullish after this W-Pattern formed. Good Luck

TRADE2PROFIT_ACADEMY

We have reached a very strong resistance level which has been tested twice. We will experience a bearish pull back before we can have a suspected breakout. But before then, place a sell.

TRADE2PROFIT_ACADEMY

The bulls are here again