With the Iranian attack on Israel this night, Gold may open with a gap up. Before the market closed, the price already reached a significant intraday demand zone based on a support line of an expanding wedge pattern and a horizontal support. The closest resistance can be 2400. ❤️Please, support my work with like, thank you!❤️
Price action analysis for Gold. Important key levels. Directional bias. Trading plan. ❤️Please, support my work with like, thank you!❤️
One more pair that looks very bearish to me after news is NZDUSD. I see a confirmed bearish breakout of a support line of a horizontal trading range on an hourly time frame. I think that a bearish trend on the pair will continue. Initial target 0.59 ❤️Please, support my work with like, thank you!❤️
Looks like the Retail Sales data may strengthen US Dollar today. As a confirmation, I see a very bearish price action pattern on EURUSD: bearish breakout of a rising wedge pattern in a bearish trend. I will expect a bearish movement at least to 1.063 ❤️Please, support my work with like, thank you!❤️
USDCAD looks quite overbought after a strong bullish rally that we saw last week. The price stopped growing after it reached a key daily resistance. We see a formation of a double top on that on an hourly time frame with a confirmed neckline violation. We may see a retracement from the underlined structure at least to 1.3729 ❤️Please, support my work with...
EURUSD broke and closed below a solid daily horizontal support with a high momentum bearish candle. This violation opens a potential for a bearish continuation lower. Next support will be 1.054 ❤️Please, support my work with like, thank you!❤️
Hey traders, In this post, we will discuss a common fallacy among struggling traders: overestimation of a one single trade . 💡The fact is that quite often, watching the performance of an active trading position, traders quite painfully react to the price being closer and closer to a stop loss or, alternatively, coiling close to a take profit but not...
Crude Oil is consolidating after a strong bullish wave. The price formed a horizontal range on a daily. Next week, wait for a breakout of one of the boundaries of the range for a confirmation. Bearish violation - a daily candle close below a support of the range, will give you a strong bearish signal. A bearish continuation will be expected to 83.0...
NZDUSD broke and closed below a key daily horizontal structure support, setting a new lower low lower close. It is an important bearish signal that opens a potential for a further bearish continuation. Next support - 0.588 ❤️Please, support my work with like, thank you!❤️
Update for Gold after a sudden drop from a random price level. Thoughts, technical analysis, predictions, trading recommendations. ❤️Please, support this video with like and comment!❤️
152.0 key horizontal resistance kept absorbing bullish pressure for almost 2 years. This week, with the release of CPI data, that structure was broken and the market set a new very important higher high. The next historical structure that we can find is based on the price action in 1990th. 159.0 - 160.0 resistance cluster is the next, closest key...
Silver keeps rallying and breaking the historical resistances. The next goal for the buyers can be the structure that is based on the highs of 2020 and 2021. The area that unites these highs also has a psychological level within - 30.0. The underlined blue will most likely reached soon. ❤️Please, support my work with like, thank you!❤️
USDCHF broke and closed above a key daily structure resistance. We see a positive bullish reaction after a retest of a broken structure. Because the market is trading in a long-term bullish trend, probabilities will be high that growth will continue. Next resistance - 0.92 ❤️Please, support my work with like, thank you!❤️
USDCAD formed a bullish flag pattern, after a strong bullish wave caused by yesterday's CPI report. The resistance of the flag was broken after the release of PPI report today. It is one more important sign of strength of the buyers. Growth may continue at least to 1.3745 level. ❤️Please, support my work with like, thank you!❤️
Price action analysis for Gold. Potential scenarios and trading recommendations. Directional bias, important patterns, and thoughts after yesterday's CPI data/ ❤️Please, support this video with like and comment!❤️
GBPCHF may drop from a key horizontal resistance. The price formed a head and shoulders after its test and successfully violated its neckline. The pair may drop at least to 1.139 support. ❤️Please, support my work with like, thank you!❤️
After a breakout of a key daily structure resistance yesterday, Dollar Index is consolidating within a horizontal range on an hourly time frame. For those, who are looking for an intraday signal to buy, a bullish violation of the resistance of the range - an hourly candle close above 105.32, will give a strong bullish confirmation. A bullish continuation will...
GBPAUD broke and closed below a wide daily demand area last week. We see a retest of a broken structure after a release of the yesterday's fundamentals. I believe that the fall may continue from the underlined red area. Goal - 1.913 ❤️Please, support my work with like, thank you!❤️