GOLD major longGOLD LONG
here we have gold on his way to fill many of the unfilled orders that it made when it made a change of character we have two major areas of demand that have absurd potential to flip the lrice after the downtrend it's been making amd will continue to make until it reacts on one of these areas, if price broke the highest area it will continue for sure to the next to fill any remaining orders and definitely there are, it WILL reject on that lower level for sure because there will be a strong demand basically from everyone, governments, the fed, hedge funds, retail...
Basically no one wants to see gold go lower than 1600 and that is a fact, considering where the world is going and the war that is just starting up, everyone know what's going to happen anyways, people are just waiting for it
If you could BUY GOLD with everything you got
And if you don't just BORROW AND DO IT ANYWAY
CZ THIS IS GOING TO MAKE YOU RICH FOR A FACT
Hope my message reach you somehow
Alhamdulilah 🙏🏽
Buyopportunity
EURUSD short-term buy, watch out!Price reacted to a demand zone level 1.08647 indicating a possible further push to the upside as a continuation of the move, a possible short-term buy should be around 1.08743 area, as target should be above the Asian high 1.09143, because the bearish retracement is cause by a bigger time frame.
Possible Bullish pattern on ARRYNice and pretty strong pattern is forming on the weekly time frame on ARRY- Array Technologies, the one called Ascending Triangle pattern. The formation is clearly visible with three confirmations already made at the top, and the best part, once it reaches the bottom line of the formation the drop is getting smaller and smaller.
Things to consider and watch:
1. Perfect entry point for me would be break of the upper line of the Ascending Pattern formation, sitting at price range from $23.76 to $24.
2. My stop loss would be a bit larger, sitting at $20, but I would be eager to act and move it up as the price goes up as well( of course if this happens).
3. First potential exit or adding to the position, depending on the price action, will be at level sitting at $27.88.
4. One of the best points in price, for potential take profit taking and the level I will be considering as the end of the Ascending Triangle pattern is sitting at range from $40 to $42.5 price level.
5. I have doubt about exiting the trade if it reaches the potential price of the pattern at $42.5, because the ATH price level will be just there, so I will surely let the price action tell me what to do and when to do it.
Of course, this is just my two cents. Please do your due diligence before investing.
EURUSD Bullishness!!!Hello traders,
Since last week, we saw EURUSD price on a downtrend until Friday when there was a Break in Market structure and a change in the direction of the general trend.
I am anticipating a bullish EURUSD this coming week with our entry at the Fair Value Gap.
Good luck.Trade responsibility.
Potential Long on Gold- Target at 2010The gold price is currently facing resistance below the HKEX:2 ,000 level due to concerns over a possible US default and bets on a hawkish Fed policy. The recent strength in the dollar is also weighing on the price of gold. However, some analysts believe that downside risks are favored ahead of the Fed policy meeting, and that gold may find support around the HKEX:1 ,980 level. The market is currently waiting for clues from the upcoming Fed meeting on the direction of interest rates, which could have a significant impact on the price of gold. Overall, while the short-term outlook for gold may be uncertain, the precious metal remains an attractive asset for long-term investors looking to diversify their portfolio and hedge against inflation.
Summary:
- Potential resistance zone: 2006-2012
-Support zone:1976
- If resistance zone is broken, next stop will be at 2030. Catalyst for bull run will be the JOLTS Job opening @ 12 3rd May
I'm about to Buy GBPUSD I've got several reasons am about to buy GU here:
Broke resistance and retraced
Got break of stucture on H1
Am just waiting for price to create a HL so that I buy ofcourse I'll need a bullish candlestick, moving average Crossover yeah
Im waiting for the news to first I don't want to be stopped out and then the price goes to my direction am just waiting for News AM NOT YET BUYING
WHAT DO YOU THINK??
Multi Year breakout Confirm multi-year breakout on this stock as :
Cmp 2220
TGT 3000-3200-3500++
Sl below 2080
Positive Factors as :
Increased FII Holdings
Good Q3 results
FV 10
Good P/E ratio
EPS 60+
ROE 16+
Follow strict stop loss as the market is unpredictable
Note: Just an idea not any recommendation to buy or sell the particular stock.
BTC/USDTLooking at the current macroeconomic landscape, there are several factors that could contribute to a buy setup for Bitcoin. Here are some of the most significant factors:
Increasing adoption: Bitcoin adoption has been growing steadily, with more businesses and individuals accepting it as a form of payment. This trend is likely to continue as more people become familiar with the benefits of using cryptocurrency.
Institutional investment: Institutional investors are increasingly showing interest in Bitcoin as an asset class, with many investing significant amounts of capital in recent months. This could help to boost demand for Bitcoin and drive up prices.
Inflation concerns: Central banks around the world have been printing money at an unprecedented rate to stimulate their economies, which could lead to inflation in the long run. Bitcoin, on the other hand, has a fixed supply cap of 21 million, which makes it a potentially attractive hedge against inflation.
Technical analysis: On the daily timeframe, Bitcoin has been in a bullish trend since October 2020. The price has recently retraced from its all-time high of around HKEX:64 ,000 to a support level at around HKEX:50 ,000. This support level has held multiple times in recent months and could provide a potential buying opportunity for traders.
Based on these factors, it appears that there could be a buy setup for Bitcoin on the daily timeframe. However, it's important to note that the cryptocurrency market is highly volatile and unpredictable. Traders should always do their own research and consult with a financial advisor before making any trades.
AUDUSD Bullish pattern ConfirmedAUDUSD is having bullish confirmation after having HP-HT-HP-HT in 4H timeframe. Therefore, I am not suggesting you try doing counter trading by opening selling/short position.
I am seeing AUDUSD might have short term pullback to the 0.673 (which can be good area to open buy/long position) before continue reaching 0.68325 (1.618 Fibonacci retracement).
Given that the ISM number is lower than expected, it moves DXY index lower which power up bullish movement for AUDUSD.
We should be a bit cautious regarding the rate decision and important news in the coming days.
Happy profit!
EURUSD IDEA LONG/SHORTEurusd is currently on the bull side of the table,but as we see a hs pattern forming we could possibly see a reverse down,lets see how its going to play out this time,risk menagment,risk to reward are the things u should always keep in mind,and also how to enter and exit the trade,whats the way u entered the trade,its end of March so it could be volatility increasing for any pair,good luck to all traders!
Move to the upside incomingEverything indicate that a move to the upside is very plausible. Weekly bullish (retesting a demand area)m daily bullish (creation of a demand) and finally on the 4H which is clearly showing a break of the trend-line to the upside.
This is not a financial advise make sure to make good use of risk management in whatever trade it is you are taking.