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Silver 4hr Timeframe Silver has risen by 3.90% in just over a day. I anticipate a reaction around the 30.7399–30.8383 zone due to multiple confluences, including a reversal point, a 4-hour order block, the 0.618 Fibonacci level, an ascending trendline from November 13th, and structural factors. This area presents a potential sell opportunity, with a target drop to the 30.2753 level. Meanwhile, gold is approaching my area of interest, which appears to be another promising sell setup. If both gold and silver align as sell opportunities, it’s a strong indication of market synchronization, increasing the likelihood of this scenario playing out. Dollar Index Basket Is now reacting off my area of interest I expect double tap to then move higher Gold 1hr my area of interest for gold 2669.412 -2673.545
TVC:SILVERShort
by ChartStrategist
1
Investors, Heads Up! XAUUSD Breakout Alert!Calling all traders! XAUUSD is blazing, smashing records with finesse! Here’s the latest: XAUUSD Overview: Engaged in a gripping duel between 2682 and 2695. Is a breakout looming? Bearish Outlook: Be alert for potential declines if it dips below the range! Targets: 2676 and 2667. Bullish Outlook: Anticipate buying opportunities if it breaks above! Targets: 2700 and 2705. Join the Discussion: Share your perspectives as we journey through this golden terrain! Let’s reach new heights together!
TVC:GOLD
by luxgoldtrader
Gold 4hr setup Gold is presently experiencing a bearish trend, characterized by a pattern of lower highs and lower lows since peaking at 2484.14. I anticipate that gold will encounter resistance at the temporary rejection level before declining further. Subsequently, I expect it to rebound and ascend to my target area, which is approximately between 2400 and 2402.02. Confluences supporting this analysis include: A downward trendline indicating a continuation of the bearish trend. An upward trendline suggesting a potential reversal point. A rejection zone between 2400 and 2402.02, which is a significant area of interest. The round number of 2,400, often a psychological level in trading. The 0.618 Fibonacci retracement level Market structure. Expectations of the US Dollar strengthening. Gold Daily Dollar Index Silver
TVC:GOLDShort
by ChartStrategist
2
US Dollar Index Daily TF DXY None Farm Payroll outcome from 13:30 today U.S PRIVATE NONFARM PAYROLLS (JUL) ACTUAL: 97K VS 136K PREVIOUS; EST 148K U.S PARTICIPATION RATE (JUL) ACTUAL: 62.7% VS 62.6% PREVIOUS U.S MANUFACTURING PAYROLLS (JUL) ACTUAL: 1K VS -8K PREVIOUS; EST -1K U.S AVERAGE WEEKLY HOURS (JUL) ACTUAL: 34.2 VS 34.3 PREVIOUS; EST 34.3 U.S GOVERNMENT PAYROLLS (JUL) ACTUAL: 17.0K VS 70.0K PREVIOUS looks like it is going to close below 104.018 The DXY has dropped 100 pips following the non-farm payroll results and is expected to close below 104.024, indicating a bearish trend. Consequently, EUR/USD, GBP/USD, and GOLD are likely to swing bullish. My area of interest is around 102.959, where I anticipate a rejection due to the presence of a -0.27 Fibonacci level and an order block. This should lead to a pullback before resuming the bearish trend to create new lower lows. Gold 4hr TF Gold is moving higher as a result of the non-farm payroll outcome. I expect this upward trend to continue until it hits my area of interest at 2,482, where I anticipate a rejection. After this pullback, I foresee gold resuming its upward movement to achieve a new all-time high (ATH).https://www.tradingview.com/x/tuk0BSO7/
TVC:DXYShort
by ChartStrategist
US30 BEARISH IDEAWe had 2 successful prediction for this index previously. Technical always remains bearish and could be to target more demand liquidity. Price did reach all time high, so we could definitely be expecting a correction. Weekly candle just broke previous low --> this could mean a long term bearish view. And considering the fundamental facts, I believe price could target any supply zone before it keeps dropping. This is just an idea and might be subject to change ! KEEP FOLLOWING FOR MORE UPDTADES!!
CAPITALCOM:US30Short
by NISP3R0
2
EURJPY → Day Analysis | BUY SetupHello Traders, here is the full analysis. Price reversal going up, levels for BUY . EURJPY long ! Great BUY opportunity EURJPY I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Long
by TheGrove
1
NZDCAD SELL | Day Trading AnalysisHello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity NZDCAD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Short
by TheGrove
7
AAPL - Technical Analysis SIMPLIFIED! Here's what will happenThis is as straight forward of my teachings as it gets - you can clearly see what needs to happen in order for us to attempt all time highs - and that begins with a retest and break of our teal strong selling algo, preferably lining up with a $187 break (strong liquidity levels and many bears present). You can trade this intraday fairly easily using yellow strong continuation as your support and green tapered buying continuation as your potential resistance. One thing is forsure - we will need Yellow strong buying continuation channel to hold price if we want to break out of teal. We've seen that in the past and we're seeing that again now. Hope this was helpful! Happy Trading :)
NASDAQ:AAPL
by ReigningTrades
CHFJPY Short Idea Intra-day trading 4H entry TFHappy New Year Guys! Its your girl Forex Potatoe we smash the charts and here we are in 2024 ready to smash it again!. CHF JPY has been in a prolonged uptrend and showing weakness as buyers are beginning to loose steam and momentum slowing down from buyers side. Price broke weekly and daily lows and currently bias changed to Sell on 3 TimeFrames. What i hope to see before entering this trade is the trendline broken (which has broken a bit), i also need to see the support broken and the last low taken out before i'd be interested in taking a sell. I Predict CHFJPY sells to the TP point on the last Low. Kindly follow me as i would be breaking down my analysis from time to time and posting videos as well mostly for beginners and intermediate traders that need to understand market structure, and how to execute trades. My goal is to simplify the charts and smash it so you can be a better traders Tell me what you think about this idea.
Short
by ForexPotatoe
EURJPY SELL | Day Trading AnalysisHello Traders, here is the full analysis. Watch strong action at the current levels for SELL. GOOD LUCK! Great SELL opportunity EURJPY I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Short
by TheGrove
11
GBPUSD short term Longs to 1.22500SCENARIO 1 - My current bias for GBPUSD is to buy roughly were current price is at (9hr demand) but could expect a bit more downside and mitigate the 7hr demand zone for the buy setup to take place. Regardless we are expecting a wyckoff accumulation to take place in this POI. Targeting 1.22500 were the 8hr supply zone is located, we will then look for price to slow down momentum and distribute for a potential sell setup to form in either the 8hr or the 10hr supply zones. My confluences for the buys are as follows: - Price has tapped into a 9hr demand zone that has caused a change of character to the upside. - There's lots of imbalances left from the downwards push we had today so we are expecting that to get filled in. - Liquidity that was lying underneath the consolidation has also been swept hence why we are starting to see higher highs and higher lows. - Also for price to continue going down in a bearish trend overall I would be expecting for price to mitigate the 1.22500 level in order to continue going down. - wyckoff accumulation is starting to unravel as price was slowing down whilst entering the zone (good sign, as the rejection indicates price wants to go back up.) P.S. If price decides to push higher than our two supply zones and sweeps the liquidity at 1.23400 it will form a break of structure on the higher time frame indicating the trend will officially be bullish temporarily.
Long
by Hassan_fx
1
EURUSD short term Longs to 1.06650 SCENARIO 1- My current bias for EURUSD is that it will currently react off the (9hr) demand zone, which we will expect for price to accumulate in order for us to enter buys up to 1.06650. From were the (6hr) supply zone is located, we will then expect price to slow down and distribute for potential sells all the way back down to 13hr demand zone. Or possibly even lower as there's loads of liquidity lying around those POI's that I have marked out. My confluences for the buys are as follows: - Price tapped in a 9hr demand zone that caused a BOS to the upside. - Market is currently retracing due to the impulsive move up that happened during the past couple days. - Imbalances are left from when price pushed down today that it needs to comeback and fill. - There's lots of magnets that attract price in the bullish directions i.e untouched Asia highs and trend line liquidity. - Price is creating higher highs and higher lows and has shown this via a change of character on the 4hr as well as a break of structure on the 4hr to confirm the shift in trend. - In addition for price to continue going down in a bearish trend overall I would be expecting for price to mitigate the 6hr supply zone above in order to continue going down. P.S. For now I would be expecting wyckoff accumulation to play out in the lower timeframes to give us a indication of were we can find a sniper entry in order to maximise our risk to reward ratio.
Long
by Hassan_fx
1
DXY Dollar Index The Dollar Index (DXY) is presently situated at the upper boundary of a trading channel, accompanied by several concurring factors that suggest potential selling opportunities. These include the possibility of encountering resistance near the range of 103.380 to 103.450, aligning with a notable rejection point. Furthermore, there is the presence of the -0.618 bullish Fibonacci target, potential rejection candlestick formations on the hourly chart, contact with the 200-day moving average, interaction with a descending trend line stemming from November 2022, and the impending trading session tomorrow, which adds another layer of convergence to the analysis.
TVC:DXYShort
by ChartStrategist