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Gold - XAUUSD 2022 Full Top Down AnalysisTraders, Happy New Year. As this is the start of a new year we reset our analysis and start afresh . Gold is showing some of the very important patterns to trade in 2022. Using our fibonacci based FCP analysis and candle stick patterns, we try to anticipate and forecast the bias and possible levels in XAUUSD. Gold is expected to be bearish this year but we must trade what we see so in this full top down analysis we try to see various scenarios that Gold can play out and how those scenarios can turn into trading opportunities. Markets can be very fragile in these first few days of the year so be careful. Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never rely on signals, do your own analysis and research too ✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums. ✅ Follow me for future ideas, trade set ups and the updates of this analysis ✅ Don't hesitate to share your ideas, comments, opinions and questions. Take care and trade well -Vik ____________________________________________________ 📌 DISCLAIMER The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions. ____________________________________________________
OANDA:XAUUSD
by vikinsa
6
SHIB: Doing some good movements!Hey guys, this is Julie 😄 Let’s talk about SHIBA INU today: SHIB is in an important region today, it has just reached the 21 EMA on the daily and weekly chart, which means that something good might happen soon. SHIB has been falling since October, but it seems to have only been a pullback to the support level, which coincides with the 21 EMA. On the hourly chart, we have an amazing bull trend, but I'm not sure we can trust it yet (unfortunately, I can't show the chart image). We've seen SHIB doing this before, as you can see in that pink circle: the price closed above the 21 EMA, but the next candle formed a bear engulfing, and the price fell again. So, because of that, I would wait to buy SHIB. It would be nice if it closes above this green line today, but I'd rather wait and see what will happen tomorrow. And that's it for today. Thanks for reading my analysis! Please, support me with your like and subscription! 😊 Have a nice day! 😉
by Juliehodler
JICPT|GBPUSD multiple timeframe trading idea! Hello everyone. GBPUSD started to got my attention on the weekly chart as it reached my long-term MA(red colour) and 50% fib retracement . So what's the trend on the weekly? Depending the period. Take a big picture, it's still in the bullish uptrend. On the daily chart, however, we can see the downtrend channel got well respected. So, waiting for signals. Don't jump in to long. On the 4H chart, I didn't see the trend reversal. As we know, trend started to change from small timeframes . My trading plan is as below: Bullish long setup: see signals on 4H and daily. Jump in for the pullback Bearish short setup: daily downtrend continues with weekly key level taken out firmly. The next solid layer is 500pts away. We follow the trend and seek entry opportunities afterwards. What do you think of my trade plan? Give me a like if you're with me. Thank you for your support.
by JICPT
USD/CAD Price Action AnalysisDisclaimer: Any of the content presented on my page showing my analysis of the market is just that, an analysis which means this is my personal opinion of where the price is going to go. Do not by any means take this simple analysis for a reason to enter a trade, I am not presenting these analyses as a form of signals, simply a way to get feedback and opinions from others on how my trades look. Take this trade at your own risk, but know forex is a risky market that you can make a lot of money but can lose that money or even more just as fast, enter these markets with your own risk and good luck with your trading :). Weekly Analysis: In the previous few months price had been in a major down trend and there really has not been much rejection on this move downwards. There were a few pullbacks throughout this down move but, price had always shown who had more momentum, in this scenario the bears had more. You can see every time there was a pullback there was always a quick bearish move following closely after, this just confirms our theory of the bears being in control throughout that move. In the more recent few months, price has started to try and make a move to the upside with not too much success as of right now. Price had made a big bounce recently but has had a hard time breaking this 1.29100 area, but price is approaching this area again. We can see a big break of this zone and a big continuation move, but we would need to see more confirmation on lower time frames before thinking of taking a trade on this pair. Daily Analysis: On the Daily time frame, what I decided to do to make it a little easier to read is make the Daily zones marked in Red. This might help when trying to read the zone and trying to look further into the analysis. Even on the Daily timeframe you are able to see somewhat of a uptrend beginning to form, price is making higher highs and higher lows, except on December 7 where price had a big drop and closed below the most recent low. What leads me to believe that there is more momentum for the bulls and price might continue on after breaking this top zone is the fact that price had shot up instantly after this drop. Since that bounce we have had one test of the 1.29190 area which showed some rejection to the topside and left behind a big wick, but on December 17 price had a very convincing bullish engulfing candle. This shows that there is a lot of momentum for the bulls right now and price might try to make a break of this top weekly (black area). Hourly Analysis: On the Hourly time frame we can see price starting to break through this top zone after already breaking through the red daily zone. But, price is looking like it is having a hard time while trying to break it, it is already showing some weakness to the top side, but we can wait for a few more hours to show what price really wants to do and we can take a trade in the near future. As of right now, there is nothing to take and if we do take one right now, it will be really risky and might not make sense for some trading systems. I am going to wait for more confirmation and see what price wants to do if it decides to break this zone. Thanks Again, KeySlot
Long
by KeySlot
1