GBPUSD. SELL HERE!Certainly, here's the translation of your technical analysis for GBP/USD today:
1. In terms of market structure, GBP/USD is clearly in a downward trend. It exhibits lower highs and lower lows.
2. It appears that GBP/USD may be following a 5-wave structure. At points 0, 1, and 2, we can anticipate that GBP/USD will continue to decline in the near future.
3. Trendlines indicate that the price continues to respect the slope and wave amplitudes.
Indicators and volume suggest that the price is slowly decreasing. It is predicted that there will be a corrective wave 3-4 soon.
4. Prediction: When the price approaches the upper trendline, we can consider SELLING based on the descending structure of GBP/USD in waves 4-5. This may mark the temporary end of the downtrend.
Please note that this analysis is based on technical indicators and historical price patterns, and actual market movements may vary. Always use proper risk management and consider multiple factors when making trading decisions.
Freesignals
NZDCHF: Pullback From Key Level 🇳🇿🇨🇭
NZDCHF reached a significant daily horizontal supply zone.
Taking into consideration, that the pair is quite overbought,
probabilities will be high that we will see a bearish reaction to the underlined blue area.
Cup & handle pattern on an hourly time frame gives us a nice bearish confirmation.
I expect a bearish movement to 0.5375 support now
❤️Please, support my work with like, thank you!❤️
WLD/USDT on Binance Futures🚀 *Bitxer Signal Alert ID# 284-4
WLD/USDT on Binance Futures (10x to 20x Cross)
📈 Trade Direction: Short ⬇️
📈 *Entry Point:* 1.574 as want before
🎯 *Targets:*
🎯 Target 1: 1.550 🚀
🎯 Target 2: 1.540 🚀
🎯 Target 3: 1.533 🚀
🎯 Target 4: 1.499 🚀
🚀🚀🚀🚀🚀
🛡️ *Stop Loss:* 1.660
💰 *Risk Management:* Wallet Size - 3-4% (Protect those funds!)
🚀🚀 Ready to blast off with Bitxer signals! We've got our sights on those targets! 🌠🛸
🚀 *Bitxer Signal Premium ID#284-3 Target Done🚀 *Bitxer Signal Premium ID# 284-3
ZIL/USDT on Binance Futures (10x Cross)*
📈 *Trade Direction:* Long ⬆️
📈 *Entry Point:* 0.01652
🎯 *Targets:*
🎯 Target 1: 0.01720 🚀
🎯 Target 2: 0.01764 🚀
🚀🚀🚀🚀🚀
🛡️ *Stop Loss:* 0.01627
💰 *Risk Management:* Wallet Size - 3-4% (Protect those funds!)
🚀🚀 Ready to blast off with Bitxer signals! We've got our sights on those targets! 🌠🛸
XAUUSD BUY BEFORE THE NEWSDear Ziilllaatraders,
As we can see Gold has been very bullish due to inflation fears. These fears are not yet calmed by the the FED. Today the FED is going to speak, what do you guys think will happen? Ziilllaatrades is very bullish for gold due to no future interest hikes and rising inflation.
Greetings,
Ziilllaatrades
XAUUSD SHORThello traders.for gold we are in downside in daily timeframe.after price broke this trend line we were in a correction range.now it is broken and you can see choch in 1hr.
so I am waiting for confirmation in pullback for my short entry around FVG area.
R:R 1:70
“”your follows and boosts encourage me to publish more analysis””
EURCAD: Pullback From Key Level 🇪🇺🇨🇦
After a strong bearish movement, EURCAD looks quite exhausted.
The pair reached a key daily support and formed a double bottom on that on an hourly time frame.
Probabilities are high that we will see a pullback today.
Goals: 1.4435 / 1.4465
❤️Please, support my work with like, thank you!❤️
EURNZD SHORThello guys.in 4hr time frame a bearish candle closed under the last low and changed the trend direction/character (CHOCH).
also we have choch in 1hr.and as you we have FVG area in 4hr.
so in pullback we are waiting for confirmation to open sell position.
R:R 1:70
“”your follows and boosts encourage me to publish more analysis””
XAUUSD BUY, Trend RefersalDear Ziilllaatraders,
We can see a trend reversal happening. Today we saw a big consolidation today. We saw strong upward and downward movement in matter of minutes. This suggest a battle between sellers and buyers in this zone. We suggest that we are going to see a increase in price due to liquidations.
Feel free to ask any questions.
Greetings,
Ziilllaatrades
XAUUSD RETRACE SHORTDear Ziilllaatraders,
We will see a retrace happening anytime soon. Inflation has gone up, and after the NFP we seen a strong dollar. People are being cautious about a possible increase in rate hikes. We think this is temporary so we will see a short and after this a big rise in gold prices.
Feel free to ask any questions
Greetings,
Ziilllaatrades
XAUUSD Short The Cloud Is talkingDear Ziilllaatraders,
The Ichimoku Cloud, a popular technical analysis tool, consists of several components that provide valuable insights into market trends and potential price movements. One of its key components is the "cloud" or "Kumo." The cloud is formed by two lines: the Senkou Span A (also known as the leading span A) and the Senkou Span B (leading span B). When the price of an asset is below the cloud, it can be interpreted as a bearish signal.
Here's why the Ichimoku Cloud is indicating bearish signs for XAUUSD:
Price Below the Cloud:
The most prominent observation is that the current XAUUSD price is positioned below the Ichimoku Cloud. This placement suggests that the overall market sentiment is bearish and that sellers may have the upper hand in the near term.
Cloud as a Dynamic Resistance/Support:
The Ichimoku Cloud is not just a static indicator; it also serves as dynamic resistance or support levels. When the price is under the cloud, it implies that the cloud itself is acting as a resistance zone, potentially hindering upward price movement.
Bearish Momentum:
The position of the price under the cloud reflects the current trend's strength and direction. In this case, the fact that the price is below the cloud indicates a bearish momentum, implying that the market is biased towards further downside movement.
Confirmation from Lagging Span:
The Lagging Span (Chikou Span) is another component of the Ichimoku Cloud. When the Lagging Span is below the price, it adds further confirmation to the bearish sentiment, suggesting that recent historical price action is supportive of the current bearish trend.
From this technical perspective, the Ichimoku Cloud's indication of the price being below the cloud aligns with a bearish sentiment for XAUUSD. However, it's important to note that technical analysis should be used in conjunction with other forms of analysis, such as fundamental analysis and market sentiment, to make well-informed trading decisions. It's also crucial to consider potential risks and uncertainties that could impact market dynamics, as technical indicators provide insights based on historical price patterns and trends.
As always, traders and investors should exercise caution, use proper risk management, and consider a comprehensive approach to analysis when making trading decisions in the financial markets.
Greetings,
Ziilllaatraders
Bearish still continue | Short BiasWeekly Chart
BINANCE:SNXUSDT has in Triangle Pattern that sign for massive move is coming so just wait a breakout
Chart 4H TF
BINANCE:SNXUSDT is trading at 1.95x and in correction phase to resistance around 2.0
Observe that level before you trade
Wait for next move
XAUUSD SHORT TERM SHORTDear Ziilllaatraders,
As we seen in my previous ideas the price went up like we said. We are awaiting a big retrace. After this retrace we will see a increase in Gold price if inflation keeps going down. Also oil prices got to stay low or gold will drop again under 1900.
Let me know what you think,
Greetings,
Ziilllaatrades