XAGUSD | Descending Broadening WedgePlease support this idea with LIKE if you find it useful.
Initiate Long.
Entry - 17.73992
TP1 - 18.08872
TP2 - 18.46027
TP3 - 18.68017
TP4 - 19.12755
TP5 - 19.37019
TP6 - 19.59009
SL - 17.62618 (consider putting your stop-loss below Ichi Cloud support zone)
Reason: Descending Broadening Wedge pattern. Price was supported by Ichi Cloud.
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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advise.
CFD
GOLD SHORT TRADEStrong bearish wave (A) occurred until level 1550.65
then price pullback forming corrective bullish wave (B) which ended at level 1592
Price now is in bearish wave (C)
Price broke key level at 1563.25
Below Moving Average 100
It's expected for strong bearish movement to target HVN at level 1476
XAUUSD | Strong Support ZonePlease support this idea with LIKE if you find it useful.
Initiate Long.
Entry - 1573.556
TP1 - 1590.282
TP2 - 1599.138
TP3 - 1608.190
SL - 1568.636
Reason: The price on a Strong Support node - S1, Ascending Channel's Support trendling, Ichi Cloud support zone.
-Please consider entering a position on a confirmed retracement.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advise.
XAUUSD | Cup & HandlePlease support this idea with LIKE if you find it useful.
Initiate Long.
Entry - 1592.023
TP1 - 1609.079
TP2 - 1615.786
TP3 - 1623.634
SL - 1587.424
Reason: R1 was Broken. Price formed Cup & Handle.
-If you are a conservative trader, please consider entering a position after horizontal resistance is beaten.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advise.
GOLD, Short term Buy...Before the price will touch its Resistance Level 1611.34 we can open short term Buy.
Reasons:
- Key Level 1586.00 can be the support;
- the trend is bullish now;
- potential profit will be 3 times bigger than the risk.
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Before to trade my ideas make your own analysis.
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Brent Oil Buy StopHi
we can see a harmonic pattern in the ending point of bearish trend line with collaboration of RSI Divergence.
we have kept the buy-stop at price of 57.85 USD and we are expecting a bullish movement up to a specified take profit.
please be keen on your Stop losses
please write your ideas in the comment section.
regards
XAUUSD | Breaking R1Please support this idea with LIKE if you find it useful.
Initiate Long.
Entry - 1583.766
TP1 - 1594.183
TP2 - 1602.429
TP3 - 1610.676
SL - 1580.294
Reason: Price was supported by Ichi Cloud. Also breaking R1 now.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advise.
GOLD LONG TRADEGOLD broke upper limit of ascending triangle pattern at level 1568
Price now is in sideway after reaching level 1588.70 forming continuation falling wedge pattern
Price is above Moving Average 100
It's expected that price will retest the lower edge of the pattern and the key level at 1571.70
Then pullback to go upwards towards levels 1590.90 and 1609 respectively
XAUUSD | Local RetracementPlease support this idea with LIKE if you find it useful.
Initiate Long.
Entry - 1568.538
TP1 - 1594.873
TP2 - 1611.505
SL - 1559.876
Reason: We might have local retracement, because price was rejected by resistance zone and RSI is being overbought. But better not to short the asset, because of we are in an Uptrend and Clobally and Mid term. So I expect the price drop on Ichimoku Cloud support and Long from there.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advise.
Platinum : Long SetupPlatinum, a precious metal, is traded at a discount compared to other metals and has broken the trend line.
Although this analysis includes a low Risk / Reward ratio, I have shared it as a roadmap for lower time periods.
Because the risk / reward ratio can be much more profitable in lower time periods.
For the main source of analysis, don't forget to look at the related ideas, I wish everyone a happy New Year.
Parameters :
Position Size : %1
Risk/Reward Ratio : 1 / 1.75
Stop-Loss : 895.8
Goal : 1117.921
USOIL, The best place for Buy...The best place for Buy USOIL will be near the Support Zone.
The price bounced from it several times.
We can make a lot of pips with such strong movements.
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Write your comments and questions here!
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XPDUSD | Shooting StarPlease support this idea with LIKE if you find it useful.
Initiate Short.
Entry - 2413.510
TP1 - 2140.442
TP2 - 1967.684
SL - 2502.676
Reason: Exponential Growth, Shooting Star reversal Pattern. The price is overbought According to RSI.
Risky: Remember this is a risky setup despite market shows us irrational behavior and previously we got stopped out.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advise.
NATGASUSD | Sideways Market Since the End of 2008Please support this idea with LIKE if you find it useful.
Initiate Long.
Entry - 1.967
TP1 - 2.788
TP2 - 3.752
TP3 - 4.687
SL - 1.626
Reason: At first look we have a Descending Triangle, though current formation is a Channel (with fakeouts) since the end of 2008. Pay attention or Red Resistance Line which previously supported the Line. In this case we have the price bottomed. We can initiate Long with Stop Loss that covers the Support zone in order to catch the Retracement.
Trade can take 1+ year. For this setup to be more safe it's better to pick up the asset on retracement movement.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advise.
UKOIL is near the Support/Resistance Zone...The price can bounce from the Support/Resistance Zone and rise to 70.00.
The best Buy will be after the false breakout.
Potential profit will be in 3...5 times bigger than risk.
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XAUUSD | Rising Wedge (Risky Setup) UpdatePlease support this idea with LIKE if you find it useful.
Previously price did not reach our entry point and continued forming the pattern
Initiate Short.
Entry - 1555.62
TP1 - 1537.01
TP2 - 1531.27
TP3 - 1524.84
SL - 1561.82
Reason: Rising wedge plur rejection from Pattern's resistance and Pivot Point.
This asset highly risky for short though, if you are a conservative trader better to wait for good entry to long rather than short the asset.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advise.
USOIL, is close to the Support/Resistance Zone...The price can continue to fall.
If the H4 candle will close under the Support/Resistance Zone we can look for an accurate Sell entry.
Potential profit will be 3 times bigger than the risk.
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XAUUSD | Rising Wedge (Risky Setup)Please support this idea with LIKE if you find it useful.
Initiate Short.
Entry - 1550.11
TP1 - 1531.27
TP2 - 1524.84
SL - 1556.31
Reason: Rising wedge plus rejection by Ichi Cloud resistance. Also the Price might breakout of Ichi Cloud and lose its Pivot Point Support.
This asset highly risky for short though, if you are a conservative trader better to wait for good entry to long rather than short the asset.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advise.
GOLD IS FORMING BULLISH PATTERN 123Strong bullish movement ended at level 1568.73 forming wave (A) then corrective wave (B) is occurred until 61.8% Fibonacci level of preceding wave (A) at level 1548.78
price is rejected from this level
RSI broke downtrend
MACD shows bullish momentum
Price is supported on Moving Average 100
Above HVN at level 1552
It's expected forming strong bullish wave (C) to target the supply zone and 61.8% Fibonacci level of the main bearish wave at level 1582.15