SasanSeifi 💁♂️🟡 Gold/4H /UPDATE 550PIP🔥✌✅ALL TARGETS REACHEDHi traders, as I expected, the price dropped about 550 pips.
Currently, as you can see, according to the latest price analysis, it faced selling pressure from the range of 1870 and faced correction until the range of 1830.Now we have to see how the price will react to the specified range. If the price penetrates and stabilizes below the range of 1825. The possibility of further correction can be considered.
let's see...
❎ (DYOR)...⚠⚜
WHAT DO YOU THINK ABOUT THIS ANALYSIS? I will be glad to know your idea 🙂✌
IF you like my analysis please LIKE and comment 🙏✌
4h
EURUSD: Strong Trendline and RSI Divergence Signal Upside PotentThe EURUSD has experienced a pullback in February due to concerns about inflation. This concern was further highlighted by yesterday's CPI (Consumer Price Index) data, which revealed that inflation may stick around longer than expected. The release of this data has led to a boost in the USD and a bearish outlook for the EURUSD.
However, despite the bearish price action, some traders are taking a contrarian view and looking for potential opportunities to buy into the pair. One factor supporting this view is the strong trendline that the EURUSD is currently approaching. This trendline has previously held, indicating potential support for the pair in the near term. If the trendline can hold, it may create a good entry point for traders looking to buy into the pair.
Additionally, a printed RSI divergence on the 4-hour chart is providing a reason for cautious optimism. RSI is a popular technical indicator used to identify potential areas of overbought or oversold conditions. When the RSI diverges from price, it can suggest that the current price movement is losing momentum, potentially leading to a reversal. This could be a sign that the bearish momentum for the EURUSD may be losing steam.
However, traders must also weigh the risks involved. These risks include ongoing concerns about inflation, geopolitical issues, and economic uncertainty caused by the COVID-19 pandemic. In particular, the CPI data released yesterday suggests that inflation may continue to be a concern for some time, which could create further pressure on the EURUSD.
In summary, while the current market sentiment for the EURUSD is bearish, some traders are taking a contrarian view and looking for potential opportunities to buy into the pair. The strong trendline and RSI divergence are providing reasons for cautious optimism. However, traders must also consider the risks and uncertainties in the market, particularly given the concerns about inflation and the broader economic outlook.
4H Analysis on AUDJPYHello traders. On this 4H analysis of AUDJPY, we have an ascending channel setup. Price has just recently tested the 90.500 support region in the channel, providing us with a good entry point. We now await a good entry reason. A good place where price may go next would be to the resistance level in the 93.000 region.
4H Analysis on EURUSDHello traders. On this 4H analysis of EURUSD, we have an ascending channel setup. Price has just recently tested the 1.07200 support region in the channel, providing us with a good entry point. A SL should be placed at an appropriately distance below the 1.07200 support level in the event price breaks out of the channel and enters into a waterfall. A good place where price may go next would be to the resistance level in the 1.10000 region.
BTC BULLISH CANAL BREAKOUT&RETESTEDThe bearish scenario for BTC comes into play, no one knows how fat it will be, anyway, if you've been long so far, congratulations and recommend taking money off the table. HAPPY DAYS . Below us is a value gap that cannot be ignored .. OK , the bulls made a higher high broke the bearish structure , but for growth it is necessary to make a higher low .. Especially don't take me seriously my short positions are relatively often wrong lately and later stopped .
D
Anyway, I want to look at LONG BTC , but this cannot be ignored .. we have a big value GAP under us, a lot of you are in long positions which is great , congratulations .. Protect your money is all I say. As I said before my short position, they are experiencing time ridicule from this market . Don't believe me and do your own research... GL&HF
4H Analysis on AUDCHFHello traders. On this 4H analysis of AUDCHF, we have an ascending trendline setup with a buy zone identified in the 0.63700 region. Price has already tested this zone and we are now awaiting a retest and rejection to get a good entry point. A good place where price may go next would be to the resistance level in the 0.65000 region.
If the trendline breaks then the support level in the 0.62800 region would be the alternative target.
USD/JPY USD/JPY
Time frame:4H
well,i use in this technical analys the ict systems and fibo
we see that blocks on 4h time frame ,there are mitigation blocks that the price retested every time ,
Also,we will wait for a retest of the area between 133.800 and 134.134 ,
If he could penetrate that area with a volume , we can reached the second goal 136.500 ,
otherwise we will comeback to area between 128.000 and 127.500
This analysis remains my own analysis and not investment advice
USDJPY Short ideaW can see price is trading nicely below the 200EMA and within the channel on the 4H. With the collapse of the US economy and slow death of the USD, would be a nice 1 to hold for the long run and more entries on pullbacks, but for now:
Entry 130.00 - 130.336
SL: 131.500 ( a bit above the resistance zone)
TP1: 129.700
TP2: 129.250
TP3: 128.920
TP4: Open
ETHUSD - Overbought - Bearish DivergenceOn the 4h-timeframe (left chart) chart of Ethereum (ETHUSD) we can see bearish regular divergence has appeared. Divergence is a strong indication that the price will move in the opposite direction. This chart is showing that it is likely for the price to drop.
On the 1d-timeframe (right chart) of Ethereum (ETHUSD) we can see an overbought condition. The three indicators are all suggesting this condition and it is likely for the price to drop. The three indicators used are the Bollinger Bands, RSI, and the Stochastics.
There are two indications on different timeframes and are complementary to each other and suggest that the price will drop.
All further details are shown on the charts.
Good luck!
ETHUSD Ichimoku 4H Szenarios Week 1 2023Here is my weekly 4H INDEX:ETHUSD Ichimoku Analysis for Week 1.
General outlook
The overall market trend is still downwards and I expect that we will see more in Q1 downward pressure due to adjustment of earnings and the higher and higher possibility of, at least, a mild recession in the US and EU.
The Crypto market will be also pointing further downwards as the stock and crypto markets are still highly correlated.
Ichimoku analysis
My weekly analysis is based on the 4H chart.
Lagging Span is above Price and Cloud
Conversion Line crossed Base Line
Price is above the cloud
Currently Conversion Line, Base Line, and Kumo are flat / ranging
Currently no green Kumo twist
4H Resistance / Support Zone
Resistance between 1225 USD and 1232 USD
Support between 1185 USD and 1180 USD
Long Idea - When the resistance zone at 1230 USD turns to support, Kumo twist happens and Cloud + Base Line points upwards
Take Profit Target: 1280 USD
Stop Loss: Below Base Line
Short Idea - When Kumo cloud support at 1200 USD is broken and retested, and the price is below Cloud + Base Line pointing downwards
Take Profit Target 2: 1150 USD
Stop Loss: Above Cloud
BTC 4H - Next MoveChart is obvious and short term supports and resistances are appointed.
The $16600 support is broken and I'm in a short position already by stop loss around $16800.
In the short term $15600 is expected!
Things you might like:
- Trend Key Points Indicator have been used to draw important key levels and key points.
- Strong Trading Strategy , Do not trust all the pin bars
- You can use Big Moves Indicator to be aware of major moves on the chart by marking them and getting alert for them.
I speak the occult (just sell)Hello to all friends !
The opposite chart shows a head and shoulders pattern, which of course is better seen in the daily time frame.
Based on this pattern and the negative divergence of the ao indicator, it is clear that the price of gold will drop to $1670.
So be careful not to get hurt.
Don't forget to like...
Channel continuation or Trading Range?Market's atmosphere is good and we can have more upward movements in coming days.
If it is fail , it is more likely to have some trading ranges after a little correction for a few days!
Strong Bearish Bo at current point will increase the chance of falling down!
Do not enter until it is completely clear for you!!
CHZUSDT - LONG - ADAM & EVE Hello Hello Traders .
By looking at the charts we can see an Adam & Eve pattern. A lesser known bullish reversal pattern is Adam & Eve double bottom. The pattern usually followed with a large up swing or trend higher after its second eve bottom. In this particular case the Adam & Eve pattern can also be considered as an ascending triangle pattern.
For the entry of this trade you should wait until the price breaks out on the upside of the pattern. After this happened the target could be targeted.
All further details are shown on the chart.
Make big profits.
Good Luck .
GBPUSD long position Hello
There might be a long position on GBPUSD as the policy makers at central bank agreed to slow down the pace of interest hike so fundamentally we could have a bullish signal. other upside signals are:
2. Daily TL breakout
3. R2 (Traditional) Monthly Pivot breakout
4. 4h Trend Line
5. EMA 20,50,100 & SMA 200 upside
Please consider risk riward ratio and do not forget to set a stop loss