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Keylevel

GOLD --4H analysis--Here is bearish signals on 4H TF like daily TF. Price is making head and shoulder. If price goes below 1830 we can see lower targets. P will share 1H analysis in next post for entry signals. Follow me to do not miss the trade! . . . . It will be amazing to share your thoughts and comment about gold here! . . . . If you liked the idea click like and follow to see more upcoming updates. I'll be glad to know your opinion in the comments. This is just a bit of financial advice, do your own research too. . . It's based on top down analysis
OANDA:XAUUSDShort
by peyfx
10
EURGBP LONG - Price is testing key support levelPrice is testing a key supply and demand level on the daily timeframe and has been moving correctively in a descending channel for a few weeks now. The market has now tested this area twice recently on the H4 timeframe and is showing signs of holding. If the market holds at this level, we could finally see a swing to the upside, breaking out of the descending channel and ending the corrective movement we have been having for EURGBP to see a test of a key daily resistance level above.
Long
by mikoaodu
Extremely effective scalping EURUSD strategy with key levels I am excited to present a very effective scalping strategy for this pair within these zones using the 4 hr and 1 hr charts. The blue lines represent strong resistance and red represent strong supports. This strategy is played within this high trading zone. To find entry points using this strategy I will use the 4 hr chart. The 4hr chart with these key levels pinpoint reversal points. If you observe close you will notice strong pivots can be detected with a 4 hr long wick close out touching a support a support line. You can add confirmation of pivot reversal by observing RSI levels on 4 hr chart. I use the 1 hr chart to monitor the momentum of the trend. The one hr chart is important because it helps determine key level breaks. If a 4 hr candle closes beyond a support or resistance, the 1 hr chart will help me determine the next key level of possible reversal. Below is the 1 hr chart. You can see strong pivots on the 1 hr and 4 hr play out at 1.18300. Now that I have pivot confirmation I will observe the 1 hr chart to target 1.18940. Once this level is reached it will either close out with long wick or push right through 1.18940. If there is pivot confirmation we can target 1.18300 for a short scalp. I am excited to use this strategy for the remainder of the week. The levels are clearly marked with channels and pivots made clear!. Let me know what you think!
by Pika7993