Selling gold - based on 4hr pin bar which allows me to take at 1991
- keep a close eyes on 4hr bearish engulfed pattern
- trade wisely
- 3/4 wins for the week
Analyse
analysis us30 Peace be upon you, traders, today I want to clarify this analysis that I did with the sniper strategy. I determined the order block, the meteorology block, and the Fibonacci, in which I relied on the most important levels, which are 50%, 61%, 75%, and finally 79%, which is the most important point because it is the maximum. A point to correct the wave, which point is the best of all.
💡 GBPUSD: Bearish points to 1.2050 as Short-Term Target💡 GBPUSD experienced a significant downward move in the previous session, remaining within a descending channel and establishing a fresh bearish pattern. This indicates a continued downward trajectory for the price, with the short-term objective being the previous low, approximately at the 1.2050 level.
GBPUSD ANALYES IN 1H Hello Traders
We have a strong OB , with moving average(201) approaching, this indicates a strong area for me to buy
So our entry will be at 1.21700 and we will take profits at 1.2280
Confused 🤔 GoldGold had an impact of war overall and as we were in sell trend gold has suddenly change its direction upwards now as i speak in top down anylisis scenario i would speak 🗣️
Monthly time frame
On Monthly time frame we are seeing a strong resistance level on gold
Weekly time frame
Also on weekly time frame we had a resistance on this level its a significant level
Daily Timeframe
On daily timeframe we can see gold has formed a bearish candle stivk pattren which is inverted hammer pattern and also gold is on its significant level of resistance of daily too the
Confluence
Is about all sell gold but still as war has an impact fundamentals will override technincal aspect so we are a bit confused on gold as market is too if escalation goes on gold will go buy if there goes a cease fire then we can sell gold
xauusd exam REPETITONGold prices rose to their highest level in three months during these moments of trading, today, Friday, as they are heading towards achieving the second weekly gain in a row, with the rise in demand for the yellow metal as a safe haven due to the conflict in evil.
GOLD 1DAY 1974We have an update view on GOLD in smaller timeframe, if we look at house price behaved in last two days it explains that price have done pulled back enough and now there is sellers exhaustion. In this, scenario price is expected to continue the bullish momentum from current market price. However, if price does drop further then there is likelihood of price reaching 1885-1895. From where price can bounce.
Correlation between RIOT | BTC 📊 Today, let's dive into the intriguing world of crypto mining and its connection with Bitcoin. We'll compare the charts of the mining company RIOT Blockchain (RIOT) and Bitcoin itself, shedding light on the correlation between mining-related stocks and the leading cryptocurrency. 📊
The Mining Equation:
Mining is a fundamental component of the cryptocurrency ecosystem, and it's a process that should ideally be profitable. As miners secure the network and validate transactions, their success can often align with the overall health of the crypto market. 🧰💰
RIOT and Bitcoin: A Comparison:
When analyzing the charts of RIOT and Bitcoin, you'll often notice a correlation. RIOT's performance tends to be influenced by the price movement of Bitcoin. As Bitcoin's price rises, it often brings increased profitability for miners, reflected in the performance of mining-related stocks. 📈🚀
What to Watch For:
Correlation Strength: Pay attention to the strength of the correlation between Bitcoin and mining stocks like RIOT. A strong correlation suggests that the profitability of miners is closely tied to Bitcoin's price.
Market Sentiment: Keep an eye on market sentiment and macroeconomic factors that can influence Bitcoin's price, as these elements can have a ripple effect on mining operations.
Diversification: Consider diversifying your portfolio to include assets that can serve as hedges if there are fluctuations in mining profitability.
Conclusion:
The performance of mining-related companies, like RIOT, often depends on the price and profitability of Bitcoin. This correlation means that watching Bitcoin's charts can provide insights into the potential performance of mining stocks.
The cryptocurrency market is dynamic, and staying informed and adapting your strategy to the evolving landscape is key to success. Keep a close eye on both Bitcoin and mining-related stocks to make well-informed investment decisions.
❗️Get my 3 crypto trading indicators for FREE❗️
Link below🔑
XAUUSD: War Situation In this trading idea, we'll explore a potentially profitable strategy for buying gold by utilizing a combination of technical analysis tools. We'll focus on key factors such as critical support levels, Fibonacci retracement levels, order blocks, and trend reversals.
Gujrat State Fer Strong Breakout1. Breakout last 1 month high
2. Strong Volume buildup
3. Price Moving Above 200EMA
4.Strong bullish Moments
BAY.MOTOREN WERKE AG STBUY XETR:BMW
Tp : 112.50
sl : 89.00
if you have any questions do not hesitate to contact me.
Analyse USDJPY in 1HIn the first, we have the hormonal butterfly model
This tells us that the price will go to the 149.62 area, and then there will be a rebound because there is a PRZ area.
After that, there will be a decline to the 149.00 level and then return to the 151.00 level.
Déjà Vu of 2021's Bearish Shift? 📉📉📉The Eerie Resemblance:
If you've been in the crypto game for a while, you might be experiencing déjà vu. In 2021, Bitcoin was riding high before it underwent a profound transformation from a bullish to a bearish trend. What followed was a period of intense volatility and uncertainty. 🐻
The Bearish Divergence:
One of the key signals of concern is the emergence of a notable bearish divergence. This phenomenon occurs when an asset's price makes higher highs while an oscillator, like the Relative Strength Index (RSI), forms lower highs. It suggests weakening buying momentum and is often a precursor to a trend reversal. 📊
What Lies Ahead:
While history doesn't always repeat itself, it can offer valuable lessons. The current market sentiment, combined with the bearish divergence, is a reminder of the importance of caution in crypto investing. 🚦
Trading Strategy:
Risk Management: Protect your capital by setting stop-loss orders and defining clear risk tolerance levels.
Diversification: Consider diversifying your portfolio to spread risk across different assets.
Stay Informed: Keep a close watch on market news and developments that could influence Bitcoin's price.
Conclusion:
The crypto market is inherently volatile, and it can shift rapidly. While the current situation may appear similar to 2021, it's essential to approach it with an open mind and a well-thought-out strategy.
Remember, trading and investing in cryptocurrencies carry risks, but they also offer opportunities. Stay vigilant, stay informed, and adapt to the evolving market conditions. 🌟
The future remains uncertain, but it's our ability to navigate the unknown that sets us apart as crypto enthusiasts.
❗️Get my 3 crypto trading indicators for FREE❗️ Link below🔑
Analyse EURUSD in 2HFirst, we have the lightning-fast model which will be the PRZ zone
Secondly, the PRZ area converges with OB and bearish resistance in daily
We know there is a bounce in the PRZ; Since I combined several indicators into one zone, we see that at 1.05650 we should sell and take our profit at 1.04600a nd stop loss at 1.05920.
AUDJPYThe Australian Dollar (AUD) against the Japanese Yen (JPY) is an exciting pair for its relation to risk. The pair is often among one of the most highly correlated pairs to price action in US equities on a short to medium term basis. The pair generally tends to rise in a low risk environment on carry flows while the opposite is true when we see a 'risk-off' approach in the markets.
Analyse USDJPY in 4HFirst, we have the flash speed model
We have a request block per day with the prz zone which will be lightning-fast
We know there will be a violent bounce in the PRZ
This is why we see that we are in areas (151.02). We should sell and take our profits in the areas (147.40).
Free Signal USOILI recommend to take a buy as you can see the market looking for continue pushing up also we are in strong key level of the HTF
Gold Next Move ( High or Low ? )TVC:GOLD fell to near 7-month lows Thursday as traders pushed the yellow toward mid $1,800 levels in a decisive break from the $1,900-an-ounce support decimated in the prior session. Gold’s collapse below the $1,900 level has opened the door for technical selling towards the $1,870 region,” added Moya. :”If global bond yields are heading higher despite expectations that inflation will come down, current market positioning could allow a gold plunge towards the $1,800 region.
So my opinion about short term , the yellow metal OANDA:XAUUSD will retest to 1887 zone then we will see if he breaks the resistance line or reject it .
Gold Next Move ( Dxy ? ) 🤔Gold though was heading for its worst week since February as the rise in Treasury yields drives investors out of the precious metal, which pays no yield. It nursed losses at $1,875 an ounce.
My opinion about the yellow metal TVC:GOLD that he will keep falling to 1962 zone
High PE ratio Kennametal India Ltd. was incorporated in 1938 and is a 75% subsidiary of Kennametal Inc. It manufactures carbide tools and special-purpose machines for automotive, defense, railways, infrastructure and General engineering segments. The manufacturing unit is in Bengaluru.
1) header and shoulder pattern in stock
2) 2680 support for this stock
3) 3450 is target level
4) volume in stock
5) fundmental good stock
6) HIGH PE
No recommendation for buy and sell
Only pure education purpose only
GBPUSD 26-09-23Hello Traders,
Currently price broke the level and does not show any clear direction. although the price is bearish I am expecting a small recovery on 4H only and RSI is also showing oversold.
Every level is marked on the chart is on 4H.
Let me know if you have any questions in the comment section.
Not financial advice.
EURUSD IDEAMy next trade will be eurusd,we see large bearish candles so sellers are in control,as pullback occurs it should show small bull candles,wait for a confirmation beafore entry.
We can se price before rejected the blue line,so bearish candles broke the lowest point.
Happy trading everyone! As always risk menagment is the key to sucess!
G/J| 1H AM BULLISHGBP/JPY is holding structure bottoms where i think that its gonna rally from here to produce HH .JUST WAITING TO SEE MY ENTRY CRIETERIA
LIKE, COMMENT
