VNQ stock seemingly bullishVNQ seems to be on an upwards trend and could be a good move to trade short term, while it also has a lot of merit if held long term as this stock has grown immensely in the last 6 months.
Priceactiontrading
VERTEXCHARTS | GOLD TRADE IDEAXAUUSD on the 4Hr Timeframe is making a small correction from the minor resistance zone.
Expect a pullback before the uptrend continues.
Please like and comment to support this idea.
Possible short in highlighted zoneif the 1.38617, 1.3898, 1.3905 and 1.3909 high are broken, we could have a possible short at the 121.319259 - 121.077055 zone
Possible buy on the 1.37343 - 1.37279 zonePossible buy entry on GBPUSD from the 1.37343 - 1.37279 zone to the upside (1.38420 - 1.38185 zone) (taking entries from the LTF's)
Before final reversal to the downside at the 1.38420 - 1.38185 zone.
Banknifty Analysis 1hr Time Frame. As of now we sustained above 35k level so next resistance will near to 35150 level if it breaks then we will see 35400 - 500 soon.
BankNifty Analysis for Next Week Monday/Tuesday.
EUR/CAD Daily PA ✅💲EUR/CAD in daily timeframe , currently the price is at the bottom of the trend line.
I think there is a good situation for BUY.
EURCAD, daily tf, buy on demand area
Same setup with NZDCAD, price right now at a horizontal support area. The difference of this setup with NZDCAD,
EURCAD pair retracement is at 78.6% fibonacci.
Buy EURCAD 1.4800
Stop loss 1.4680
Take profit 1.5190 (3.25R)
Use only 1-2% risk
Good luck
NZDCAD, daily tf, buy at 61.8% retracement
Price right now retracing 61.8% fibonacci of the recent rally.
There is also a horizontal support on this area which could be a demand area to push price upwards.
Buy NZDCAD 0.8750
Stop loss 0.8660
Take profit 0.9050 (3.3R)
Use only 1-2% risk
Good luck
XAUUSD DOWNSIDE TOWRADS $1800 - $1790Gold is bearish intraday below $1820. The price may drop to support at $1800 and could continue to fall towards $1790 support. The sellers would need to clear support levels around $1793, where the SMA100 one-day and the previous week’s low meet. A recovery towards resistance at $1814, where (200 SMA) four-hour and Fibonacci 38.2% one-month coincide would allow to test $1819 supply area. Daily and 4H charts show bearish momentum. For now, XAUUSD appears to be forming a consolidation pattern between $1830 and $1800, a break may cause more more volatility in Gold.
XAUUSD, 4hr tf, bearish scenario
Possible scenario for XAUUSD.
Price going up inside this channel and the recent drops on Friday confirm a break below the support.
It looks like XAUUSD making a bearish flag or possible rising wedge. If it plays out as bearish flag, the drop on XAUUSD gonna be massive.
This upwards movement is a retest of broken trendline.
We could see XAUUSD continue decline further.
Sell XAUUSD 1815
Stop loss 1825
Take profit 1750 (6.5R)
Use only 1-2% risk
Good luck
EURAUD, 4hr tf, AB=CD pattern
Yesterday we got our stop loss hit for this pair.
I still think a retracement will soon come as this pair hitting resistance right now.
We could see the movement of EURAUD making an AB=CD pattern.
Keep in mind we have RBA in 50 mins so expect some volatility in all AUD pairs. Use proper risk management.
Sell EURAUD 1.6065
Stop loss 1.6130
Take profit 1.5935 (2R)
Use only 1-2% risk
Good luck
Bitcoin TA. Simple Price ActionFirst, I want to say I am strictly a Price Action trader. I like to keep my charts simple and clean and analysis the same. So if your looking for some long drawn out reason for BTC to be doing what it is doing then this is not for you.
Weekly/Daily
Price has made a Head N Shoulders pattern on the Weekly timeframe indicating that price may be heading to lower numbers.
We have a Descending Triangle into support on the Daily timeframe as well also indicating lower numbers. If we break, retest and support flips to resistance, we can look forward to 20K possibly.
General EURUSD Analysis If you saw my most previous EURUSD analysis video, you'll see that it hit my TP perfectly.
On the 4H chart, we can see a wedge pattern forming but also making its way back to the trendline.
I'm not confident in looking for any setups at the moment as there could potentially be huge momentum depending on if it breaks the wedge pattern to the upside or the downside.
XAUUSD Short IDEAFalse breakout from one of my drawn levels.
Showing signs of reversal on the DAILY TF.
Looking for it to short its way down to the next level I have pointed out on the chart.
RISING WEDGE PATTERN IN GOLD!!DAILY TF:- BEARISH
4H TFD:- BEARISH
I HAD PREVIOUSLY SHARED ABOUT THE RISING WEDGE ON 13 JULY 2021 N WE HAD GOT THE SAME MOMENTUM FROM THE RESISTANCE OF THE WEDGE
I GUESS WE CAN SEE A BREAKDOWN OF THE GOLD PREETY SOON
XAUUSD, 1hr tf, buy the end of wave-4I planned a sell setup before but missed my entry.
We missed the chance to enter sell and it does really go towards our target at 1816.
So we will now try capitalizing the buy opportunity.
I am using the same elliott wave setup. Right now we might complete the ABC correction of wave-4. Next is 1 more push up for wave-5.
Our target will be around 1840-42 which is the next resistance area.
Buy XAUUSD 1816
Stop loss 1811
Take profit 1841 (5R)
Use only 1-2% risk
Good luck
GBPAUD, 4hr tf, broadening wedge pattern
I do respect the idea that GBPAUD might drop along with EURAUD. We're also near the horizontal weekly resistance right now.
If i draw a trend line connecting the low and high of GBPAUD recent movement. It will look like a broadening wedge pattern.
In terms of Elliott Wave, this is a broadening ending diagonal.
Sell GBPAUD 1.8610
Stop loss 1.8670
Take profit 1.8410 (3.3R)
Use only 1-2% risk
Good luck
EURAUD, 4hr tf, sell at weekly resistance level
As you can see price now at horizontal weekly resistance which is 1.5900 area.
We do have an impulse to the upside recently, but after an impulse, there is always a correction. Usually the correction will be in 3 sub waves ABC.
As we are already completed wave A and B. I think EURAUD might drop once again to complete wave-C.
Sell EURAUD 1.5900
Stop loss 1.5940
Take profit 1.5700 (5R)
Use only 1-2% risk
Good luck
GBPNZD, 1hr tf, buy at 61.8% retracement
Price also dropped for GBPNZD yesterday. We dropped until 61.8% retracement of recent rally. At the same time, there is weekly support around this level so we could say this is an area of confluence support.
Also it appears there is a possibility double bottom pattern forming. We could see some rally to the upside if this pattern play out.
Buy GBPNZD 1.9700
Stop loss 1.9630
Take profit 1.9910 (3R)
Use only 1-2% risk
Good luck
