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XAUUSD (GOLD) 4H Chart shortFactors to watch for gold price action- Global stock market- Bearish (Positive for gold) US dollar index –Bullish (negative for gold) US10-year bond yield- Bullish (Negative for gold) Technical: The near–term support is around $1800, violation below targets $1780/$1760/$1750. Significant reversal only below $1750.The yellow metal facing strong resistance $1835, any violation above will take to the next level $1860/$1877/$1912 is possible. DISCLAIMER: ((trade based on your own decision )) <>
OANDA:XAUUSDShort
by Goldsignal75
BTC Bounce or... Fakeout?We are having a nice little bounce here, but don't be fooled just yet. I am very convinced this is a bull trap to get everyone to go long. Then we will likely break this upper falling wedge resistance trendline and convince the market we are reversing before having another shakeout to liquidate the longs and then continue up. If you are holding for the long term then don't worry. We might get a few good short term trade setups over the next few days. I am looking for some kind of rejection from the 46-48k level. A little pain relief over the last 2 days, especially to those who bought BTC at 40k area. Watch out for the bearish order blocks in the image (light blue lines) We will likely see a rejection at one of the 2 blocks. Trade safe guys. Don't get comfy just yet!
by UnknownUnicorn15302902
EURCHF looking up 🦐EURCHF on the daily chart after the long downtrend breaks the 2 converging trendlines. The price found a bottom and moved now to the weekly resistance. According to Plancton's strategy IF the market will break above and satisfy the Academy conditions we will set a nice long order. ––––– Follow the Shrimp Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵 Blue structure -> Daily structure. • 🟡 Yellow structure -> 4h structure. • ⚫️ Black structure -> >4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
Long
by InkyGrip
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