FTM Update - 11.12.2024 On the weekly tf we form Long Off!
I plan to work from 4h breaker block!
Observe the risks and think with your head!
Marketanalyst
XAUUSD Technical Analysis 14.04.2023 1h chart– Previous Daily candle closed strong Bullish at 2040.600 closing above Daily Resistance formed on Thursday last week (06.04.2023) .
– Buys on close above 2046.800 targeting 1h Resistance formed on 9th March 2022 at 2050.400, Leaving Runners to the next 1h Resistance formed on 9th March 2023 as well at 2056.900.
– Sells on close below 2038.200 targeting 1h Support at 2033.700, Leaving Runners to the next 1h Support formed at 2026.500.
– High and Medium Impact news event during the New York session leading to Pre London Close.
GBPJPY Technical Analysis 14.04.2023 1h chart– Previous Daily candle closed weak Bearish at 165.930 forming new Daily Resistance at 166.120 leaving a Rejection wick at 166.840.
– Buys on close above 166.320 targeting 4h Resistance at 166.730, Leaving Runners to the 1h Resistance formed on 16th December 2022 at 167.100.
– Sells on close below 165.830 targeting 4h Support formed at 165.540, Leaving Runners to the 1h Support formed at 165.280.
– There is a higher probability for the Friday Daily candle to close Bearish as we can see the size of the Daily candles for Tuesday and Wednesday decreasing and the Thursday candle closing Bearish with a Rejection to the upside.
