XAUUSD Potential Bullish Retracement!Hello Traders,
In the upcoming trading week we will be monitoring XAUUSD for a Buying opportunity in and around 1655 orderblock area. Once we get a Bullish confirmation the trade will be executed and shared with our premium members.
- RISK DISCLOSURE
TRADING IS NOT SUITABLE FOR EVERYONE. TRADING FOREX INVOLVES HIGH RISKS AND CAN CAUSE YOU A COMPLETE LOSS OF YOUR FUNDS! Trading foreign exchange on margin carries a HIGH LEVEL OF RISK, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose! The high degree of leverage associated with trading currencies means that the degree of risk compared to other financial products is higher. Leverage (or margin trading) may work against you resulting in substantial loss. And feeling a sensation similar to getting sucker punched in the stomach. There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Market Opinions BigGainLTD will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. YOU are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs. Internet Trading Risks There are risks associated with utilizing an Internet-based deal execution trading system including, but not limited to, the failure of hardware, software, and Internet connection. Since BigGainLTD does not control signal power, its reception or routing via Internet, configuration of your equipment or reliability of its connection, we cannot be responsible for communication failures, distortions or delays when trading via the Internet. Distribution This site is not intended for distribution, or use by, any person in any country where such distribution or use would be contrary to local law or regulation. None of the services or investments referred to in this website are available to persons residing in any country where the provision of such services or investments would be contrary to local law or regulation. It is the responsibility of visitors to this website to ascertain the terms of and comply with any local law or regulation to which they are subject.
Priceactiontrading
CADUSDHello my dear friends
Here in the market, we expect the dollar to weaken. The Bank of Canada interest rate will be announced tomorrow.
Currently, if the previous price floor ($0.749) is maintained and the current trend is above the price range of $0.7547, the possibility of an upward trend similar to the drawn scenario is strengthened.
Be sure to keep in mind that the condition for the trend to progress to the green area is the complete consumption of orders in the area of $0.7586.
We would be happy to hear your comments
EURCAD Trend Following Setup!Hello Traders,
In this week's trading session we will be monitoring XAUUSD for a Buying opportunity in and around 1.32 order block area. Once we get a Bullish confirmation the trade will be executed and shared with our premium members.
- RISK DISCLOSURE
TRADING IS NOT SUITABLE FOR EVERYONE. TRADING FOREX INVOLVES HIGH RISKS AND CAN CAUSE YOU A COMPLETE LOSS OF YOUR FUNDS! Trading foreign exchange on margin carries a HIGH LEVEL OF RISK, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose! The high degree of leverage associated with trading currencies means that the degree of risk compared to other financial products is higher. Leverage (or margin trading) may work against you resulting in substantial loss. And feeling a sensation similar to getting sucker punched in the stomach. There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Market Opinions BigGainLTD will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. YOU are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs. Internet Trading Risks There are risks associated with utilizing an Internet-based deal execution trading system including, but not limited to, the failure of hardware, software, and Internet connection. Since BigGainLTD does not control signal power, its reception or routing via Internet, configuration of your equipment or reliability of its connection, we cannot be responsible for communication failures, distortions or delays when trading via the Internet. Distribution This site is not intended for distribution, or use by, any person in any country where such distribution or use would be contrary to local law or regulation. None of the services or investments referred to in this website are available to persons residing in any country where the provision of such services or investments would be contrary to local law or regulation. It is the responsibility of visitors to this website to ascertain the terms of and comply with any local law or regulation to which they are subject.
GBPJPY: Classic Bullish Setup 🇬🇧🇯🇵
On a yesterday's live stream with my students, we discussed GBPJPY pair.
Falling sharply, the price reached a solid demand cluster last week.
The price formed a tiny ascending triangle on that yesterday
and broke its neckline then.
I believe that the pair will keep growing now.
Goals: 164.28 / 164.73
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
EURJPY: Your Trading Plan 🇪🇺🇯🇵
EURJPY is coiling around a key daily structure support.
Analyzing the reaction of the price to that structure, I spotted a horizontal range on a 4H time frame.
The market remains very weak and indecisive on 4H and trades in sideways.
To buy with a confirmation, wait for a bullish breakout of its neckline (you need a 4H candle close above that to confirm the breakout).
Then buy aggressively or on a retest.
Goals will be 144.93 / 145.4
If the price breaks the green support, the setup will be invalid.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
📉✌XAUUSD Short & Long Position ✌📈OANDA:XAUUSD
FOREXCOM:XAUUSD
Hello traders, first look at my previous analysis and positions on ETHUSDT & BTCUSDT & EURUSD.
Just don't forget to risk-free your position.
The optimum stop-loss is on the chart.
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS✌
US30, are sellers getting ready to test 30,550? In today’s video, we are looking at the US30. We start with a longer-term view and move down to the short term. Overall, the market continues to trade in a corrective phase that could be called a bear market.
The issue we see here was the last relief rally that broke the downtrend. While it did upset the pattern of the downtrend, sellers now look to have broken that trend, and Tuesday’s session could be a bit more than an exhaustion bar as sellers so far today have made a new LL maintaining a normal pattern of trend.
After yesterday’s latest move lower, could we be set to see 30,550 retested by sellers? That could become an important point if buyers can hold it. We will then look to see if a new LH and retest of the area could re-confirmed. Otherwise, a new break could set up a new move that could test the 30,000 area.
A lot will depend on the current inflation outlook guided by future data and the Fed. Interesting times. We love hearing from you, so please drop us a comment on your thoughts.
Enjoy your Friday and good trading.
NZDCAD: Still Bearish Outlook 🇳🇿🇨🇦
Even though NZDCAD went higher than it was expected yesterday
I still remain bearish biased on NZDCAD.
The price broke and closed below a support line of a bearish flag pattern,
confirming the strength of the selling pressure.
Targets:
0.788
0.786
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
Learn How to Trade Wedge Patter | Full Strategy Explained 📚
Hey traders,
In this video, you will learn how to trade wedge pattern.
We will discuss the theoretical basics of this pattern.
Then, on a real market example, I will show you how to spot and trade it.
❤️Please, support this video with like and comment!❤️
NZDCAD: Your Trading Plan For Today 🇳🇿🇨🇦
Hey traders,
NZDCAD broke and closed below a solid structure support yesterday.
Retesting the broken structure, the price formed a head and shoulders pattern on 1H time frame.
To short with a confirmation, watch 0.7893 - 0.7898 horizontal neckline.
We need an hourly candle close below that to confirm the breakout.
Then, short aggressively or on a retest.
Goals will be 0.788 / 0.7865
If the price sets a new high though, the setup will be invalid.
Please, support this post with like and comment!
EURGBP: Classic Bullish Setup 🇪🇺🇬🇧
EURGBP is trading within a horizontal trading range.
Approaching its support, the price formed a double bottom formation and broke its neckline then.
I expect a bullish move to 0.8715 level now.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
GBPAUD: Bearish Outlook 🇬🇧🇦🇺
GBPAUD is coiling around a solid intraday supply zone.
The price was rejected from that multiple times.
I spotted a double top formation on 1H and a confirmed neckline breakout.
I expect a bearish move at least to 1.6957 support.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
GBPCHF: Pullback From Key Level 🇬🇧🇨🇭
GBPCHF reached 2 years' low last week.
Analyzing the reaction to that structure on lower time frames,
I spotted a confirmed bullish breakout of a falling parallel channel on 4H,
and a completed double bottom formation.
I believe that the pair will grow now.
Goals: 1.1215 / 1.125
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
EURJPY: Pullback From Key Level 🇪🇺🇯🇵
Hey traders,
EURJPY reached year's highs.
I expect a pullback from the underlined blue structure to 143.06 / 142.63 levels.
I see a tiny little head and shoulders pattern on 1H time frame, confirming the strength of the underlined resistance.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
EURNZD: Very Bullish Setup 🇪🇺🇳🇿
Take a look how perfectly EURNZD has respected the confluence zone based on 786/50 retracements of the last bullish impulse.
The market was nicely rejected and formed a double bottom formation then.
I am currently holding my buy limit order on a retest of a broken neckline of a double bottom.
Initial target will be 1.645.
Stop loss lies below the lows of the pattern.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
AUDUSD Potential Bearish Continuation!In Today's trading session we will be monitoring AUDUSD for a Selling opportunity in and around 0.68 area. Once we get a Bearish confirmation the trade will be executed and shared with our premium subscribers.
- RISK DISCLOSURE
TRADING IS NOT SUITABLE FOR EVERYONE. TRADING FOREX INVOLVES HIGH RISKS AND CAN CAUSE YOU A COMPLETE LOSS OF YOUR FUNDS! Trading foreign exchange on margin carries a HIGH LEVEL OF RISK, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose! The high degree of leverage associated with trading currencies means that the degree of risk compared to other financial products is higher. Leverage (or margin trading) may work against you resulting in substantial loss. And feeling a sensation similar to getting sucker punched in the stomach. There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Market Opinions BigGainLTD will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. YOU are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs. Internet Trading Risks There are risks associated with utilizing an Internet-based deal execution trading system including, but not limited to, the failure of hardware, software, and Internet connection. Since BigGainLTD does not control signal power, its reception or routing via Internet, configuration of your equipment or reliability of its connection, we cannot be responsible for communication failures, distortions or delays when trading via the Internet. Distribution This site is not intended for distribution, or use by, any person in any country where such distribution or use would be contrary to local law or regulation. None of the services or investments referred to in this website are available to persons residing in any country where the provision of such services or investments would be contrary to local law or regulation. It is the responsibility of visitors to this website to ascertain the terms of and comply with any local law or regulation to which they are subject.
GBPJPY: Bull Flag & Bullish Continuation 🇬🇧🇯🇵
GBPJPY is trading within an intraday horizontal trading range for 2 weeks.
Reaching its support, bulls broke a bullish flag pattern.
I believe the pair will keep growing now.
Initial target - 162.15
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
USDJPY | Hitting Massive Resistance AgainWe have USDJPY approaching massive resistance again (similar to July 2022) and with a slight rejection. Waiting for the come back to the zone area (create a double topish pattern) and a possible sell at a RSI high point.
Nothing complicated here, just rinse and repeat with price action and a target nearing 50+ PIPS.
This is a short term trade as I think the momentum will push USDJPY ultimately pass this zone.
EURJPY: Very Bullish Setup 🇪🇺🇯🇵
EURJPY broke and closed above a key daily structure resistance yesterday.
Retesting the broken structure, the price formed a double bottom formation and broke its neckline then.
I believe that it may trigger a bullish move at least to 139.25
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️