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NZDCAD:🟢Buy Opportunity🟢 As you can see, the price swept the liquidity below the previous day's low and shifted the market structure. Now we can expect that the price move lower to collect the inducement and then move higher. We can define buy-side liquidity as the first target and the previous day's high as our final target. Please pay attention: We need LTF confirmation in this scenario. 💡Wait for the update! 🗓️27/03/2024 🔎 DYOR 💌It is my honor to share your comments with me💌
Long
by VahidTradingCR
5
Gold analysis in 1h time frameHello guys, I hope you are doing well. You can see the gold chart in the 1-hour time frame. At the moment, there is no particular movement because it is the Chinese New Year. For now, we are witnessing a low volatility market in the mornings for ten days. This previous high is still maintained, which is now a resistance level that prevents the price from continuing higher. Currently, it has reached a 15-minute support zone, which is still valid. By seeing the signs of growth and candlestick patterns, we can hope that you can have a candle close above this resistance level and there will be no obstacles to advance to reach the 2042-2044 areas.
OANDA:XAUUSDLong
by Golden_Star1994
CadJpy- Break of resistance and new highs are expectedAfter the dip and the double tap in 104 support back in December, CadJpy started to rise again and resumed its long-term bull trend. Now the pair is trading back to important 110 zone resistance and a break up seems imminent. The recent dive under 109 was quickly reversed, which also adds to my bullish perspective. In conclusion, as long as the recent low is not violated, I expect an up continuation and CadJpy could rise towards 115 in the medium term. For shorter term traders, 112 is also a good target with 1:2 risk:reward
Long
by Mihai_Iacob
2