XAUUSD ANALYSIS PREFERENCE SHORT Long Target 1930/1940 Pivot 1925 Short Target 1895/1885
vedanta This resistance is getting weak. Keep it in watch. It might take retracement after break out.
$ETH - Bulls are gaining control... Bullish momentum of crypto is back! ETH at key resistance zone as long as we stay above $1300 areas bulls are in control, we could head towards 50 EMA next target areas which is: $1800 areas. Overall long term target areas for break out $2000-$2500. DXY heads lower, cryptos head higher to breaking out as well as precious...
USDCAD shifted bullish right after the break of the lower high at 1.33345. We have a retracement for a possible continuation of the bullish trend. We will be looking for entries on the 1H timeframe once we have a breakout of the bullish flag pattern
Hi traders, welcome to a new trading week, on USDJPY 1D timeframe, we are looking for a break of the correction phase to complete the bearish flag pattern
AMD has been trading in a descending channel for the past year. A double-top has just formed near the upper resistance line. This would indicate that the price will go lower shortly. It's possible a triple-top could form before this happens. It's also possible that a cup and handle have formed and the price will break out from the channel. But based on the past...
A symmetrical triangle pattern appeared since Feb'20 to Jan'22, and create a foreseeable target price IDX:BMRI at 11,250. The price was hit 11,000 in Dec 6th, 2022, nearly hit 11,250 as a mirroring projection to the symmetrical triangle, and making a corrective wave so far. I used Fibonacci Retracement to find its reversal point, and finally found it at 8,375 to...
CADCHF - Perhaps another leg higher? CADCHF Checking higher timeframes at key support of weekly, monthly and daily we've got range breaking out, further upside could take us towards 0.70500 areas. However, keep in mind if we go back within this range I'd be re-thinking core long on CADCHF We had CPI came in as estimate, it wasn't a major move we headed to the...
$XAG - Which side?! Market overall bearishness on DXY looks over done, we could get pull back on the metals break below these key areas taking silver to 22.5/21.5 areas could easily be achieved however break above 25.5 areas would be your target area.. Don't forget to trade your OWN plan! Best TJ
SPX - We are still within the range! SPX - For most indices we've had bullish momentum especially in Europe side cac, ftse, dax amazing moves but we are still struggling when it comes to US Indices. We've had great bullish momentum at the end of the week now let's not get too excited we are still within the ranges things to keep in mind this week going forward...
$EUR - Sit & Wait for CPI As we have CPI tomorrow, we could be stuck in this range until then but overall it's a break to either direction and are the lower prints of inflation already implemented into price. Interesting times ahead! Trade Journal
Dear followers, take a buy position @1.07400, sl- 1.0660 tp-1.08500 rule- per trade max risk 1 %
$CHF - Trade idea! A break to either direction! Have a great day ahead, Trade Journal
Gold is facing strong resistance, the hope is that there will be a slight price correction before breaking this strong resistance. Please comment if you have another idea..
gold sell, dear friends, as we trade against the trend so plz take risk 0.25% of your capital....money management is the one and only key in forex !
The algorithm has found an interesting pattern in EUR/USD. Red in chart After the break of the previous channel the price has corrected a 61,8%, the fibo level but this is also the previous zone of supports and resistances. If that's not enough, it's also the last level with accumulated volume, if we move to 1,08 the volume disappears which would be the...
Buy reliance at 2575 Target 2639 2665 2694.5 Sl 2500
$AUDCHF: One word - Clean. What a clean set up on AUDCHF - You know what levels you'd be wrong at if you were to execute this trade depending on your trade plan, very clear levels. A break out to either direction! Last trade idea for this week ahead - Enjoy! Trade Journal