USDCHF will be in the Bullish direction after testing SupportHello Traders
In This Chart USDCHF HOURLY Forex Forecast By FOREX PLANET
today USDCHF analysis 👆
🟢This Chart includes_ (USDCHF market update)
🟢What is The Next Opportunity on USDCHF Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Chart
Pivot Points
My Bullish GBP/USD Strategy Using X1X2!You have no idea how many opportunities are there when you're simply following "X1X2"!
I invite you to engage with me in this analysis!
Current Fundamentals Supporting a Bullish Bias on GBP/USD:
1. Positive UK Economic Data: Recent reports indicate that the UK's GDP expanded by 0.2% in August, aligning with analyst expectations. Additionally, industrial production and manufacturing have shown growth, which supports the Pound's strength against the Dollar.
2. Diminishing US Dollar Strength: The US Dollar has faced selling pressure, particularly in light of recent mixed macroeconomic data. A softening inflation rate and rising initial jobless claims have raised concerns about the US economy, contributing to a bullish outlook for GBP/USD.
3. Market Sentiment Shift: An improving risk mood among investors has led to optimism regarding potential Federal Reserve rate cuts. This sentiment has weakened the Dollar, allowing GBP/USD to gain traction above key support levels.
Utilizing Probabilities in My Swing Trading Strategy:
In my trading approach, I employ a system known as X1X2, which focuses on probabilities to determine optimal entry points for long positions in GBP/USD.
In conclusion, my bullish bias on GBP/USD is supported by favorable economic indicators from the UK and weakening US economic data. By leveraging probabilities through my X1X2 system, I aim to position myself effectively for potential long trades in this pair.
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Monitoring pair 1AUDCAD Weekly Analysis
On the weekly timeframe, AUDCAD will likely approach a significant area where a retracement is anticipated. The 0.168 Fibonacci level is expected to serve as a potential pullback zone, where the price may consolidate or reverse. This level could act as temporary support or resistance, presenting an opportunity to evaluate future trade entries and exits. Observing how the price behaves around this level will provide insights into the strength of the trend and potential setups for continuation or reversal.
NEARUSDTI have said it many times in my speeches and I will say it again, money has the power of God in today's world
It is better to express my words this way, if Trump wins the US election, you will also see that the crypto market will experience a heavy drop, so that the government budget deficit and the heavy expenses of the US government and the US stock market will be saved from bankruptcy, with a plan that Picking for the market
This is my point of view, there may be other points of view
The duty of friends who believe in my analysis is to register these currencies, which will be registered from today, in a place where they can move like the American government and enjoy the chart.
There are two views of the market, the first view is downward, the second view is upward
My view on crypto is bearish, friends, from today onwards, be careful in your spot purchases, it will be more dangerous than you think.
Because big companies have to do this to save themselves from bankruptcy and take a drastic swing from ordinary people.
INTC likely to pumpAs intel searches for a catalyst to extend this initial pivot I believe earnings may provide this. With the stock recently trading as low as .6 price to book, I believe it remains undervalued. Remember there is a right price for any stock that makes money or is about to make money. My short term target is the 20 week moving average around 25$. I still believe the stock is valued at 28-32$ based on assets and cash flows combined.
Conl ( coin ) rides demandAn updated demand zone on a stock I love to sell monthly puts on. I search for 27-8$ dollar entry for my newest position but I might buy shares outright around 30$ since I believe Coin and BTC are going to heat up. The weekly stochastic RSI is just opening up and BTC is 8% from ATH.
Short-Tem 44$
EOY 52-60$
PLTR short updated, parabolas dont last foreverPLTR I have been waiting for this trade for a while now. 40$ is a great psychological level, the stock is tremendously overvalued whether youre a fan or not. I personally do not like the company nor do I generally trade it. Much like my TSLA short I just did that played out nicely here we are again on an overheated cult stock rising into resistance and an important fib. I have started to enter an aggressive November 32$ strike put position. The stock is riding the top of the bollinger bands, it has run away from all the EMAs and from the already aggressive trend (teal). I think we at least revisit this weekly demand zone. We should print a rejection candle next week but maybe the market just continues this insanity higher.
My plan is to continue adding 32$ puts if we dont see this happen Monday. I will then add spreads likely December 35s for a little safer ride. I expect at least a 20% correction here maybe closer to 25%.
Pepe's bullish era is overOn the chart, as you can see PEPE has a liquidity pool at the bottom of the chart and is about to break the liquidity pool below the candles.
This bullish wave can be considered an internal structure and pullback.
By maintaining the red range, it can drop towards the demand range
Closing a daily candle above the invalidation level will violate this analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Gold Analysis ==>> Bearish Quasimodo(QM) Pattern!!!Gold ( OANDA:XAUUSD ) moved as I expected in the ✅ previous post ✅.
Gold is currently moving near the Potential Reversal Zone(PRZ) and inside the Time Reversal Zone(TRZ) , and the loss of the Lower line of the Ascending Channel can indicate weakness in the upward movement .
According to the theory of Elliott waves , it seems that Gold has managed to complete the main wave 5 , and now we have to wait for Corrective Waves .
From the point of view of Technical Analysis , it seems that Gold has succeeded in forming the Bearish Quasimodo(QM) Pattern , which can be another sign of the reduction of gold .
I expect Gold to decline to at least the Support zone($2,720-$2,708) , and if the support zone is broken , we should expect Gold to continue falling to the Next Support zone($2,686-$2,666) .
⚠️Note: If Gold can goes over $2,760, we can expect more pump for Gold.⚠️
🔔Be sure to follow the updated ideas.🔔
Gold Analyze ( XAUUSD ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
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EURUSD Multi Timeframe Analysis 25.10.202415m Swing Bullish , Internal Bullish , but his could be to mitigate current unmitigated 4H supply
Bullish momentum is strong after sweeping daily low liquidity so I assume and will look for longs to stay with the bullish pressure until it turns out the other way
Pricing in 4H supply now so we might see 15m fractal shift to bearish and give us quick short possibilities. But I will look for confirmation longs from 15m demand range nested in 4H demand, which is marked on the chart.
ETHUSD: Bullish Bias with 58.65% Probability of Hitting TP1I'm feeling bullish on ETHUSD and looking to take some long positions.
My approach is all about using probabilities based on solid math and historical data from my charts.
Why probabilities?
They help me make smarter decisions by showing how often certain price levels have been reached in the past. This gives me a clearer idea of where I might want to enter and exit trades.
By analyzing past price movements, I can build my confidence in this trade and keep emotions in check.
With a 58.65% probability of hitting TP1, this setup looks like a great opportunity to ride the potential upward movement in Ethereum!
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for more information check out my BIO!
What wil it be CAD/CHF?? want to go on a date ?a bulish or bearish move has been on the minds of alot of people. i even dream about a move sometimes. but like alot of things we just look but dont touch....but today/this week we might have a change coming to that saying.
on the daily timeframe we have a nice demand zone with a clean legg out. price came back to the zone and gave us a rejection on the daily already. but the official entry for me is going deeper that. when we look on the 4H timeframe we have a nice demand zone waiting to receive some love.
now what i want to see is price falling to to the 4H demand zone with a nice clean rejection for a nice entry for a possible bullish run.