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GOLD returned to GROWTH after false breakoutGold made a false break yesterday, dropping below the support line from which we expected a rise. And I finished the schedule and update the forecast. Despite the false breakout, the price returned to the position and is now in the support zone of 1782.67. Here we see one of the main trend lines - the support line for August 2020, as well as a small support area formed at the price lows during the last false breakout in November. Like yesterday, I expect the price to continue to rise and eventually return to the resistance line. During growth, corrections are naturally possible, for example, at the resistance level of 1798.56. And the final target that I expect is the resistance line 1827.27. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
OANDA:XAUUSDLong
by Lingrid
75
NAS100 Analysis Hi Everyone, Nasdaq opened in a very bullish way last night and has taken price to a new high to 13700 as I did state on the previous analysis. After reaching this new high, price came down a little. Today we may see the price continue going bullish to price around 13800. However if the price breaks through the current bullish trend then there is opportunity for bears to come in bringing price down all the way to 12963. Monday Motivation: A lot of people have been messaging me that they have lost thousands of dollars in trading recently, Sadly a lot of that money was loans, borrowed from family and life earnings. Purely because of greed, revenge trade and lack of plan. I will never understand how someone will gamble everything away and can't use small amount of that money to learn. They say 95% of people lose money but I want you all to know you all CAN BE THAT 5%. First stop trading if you are losing and learn otherwise market will take everything like a casino does. Secondly, be patient, think of this as you job your livelihood so don't gamble it away, Thirdly have a plan. A fool with a plan can beat a genius with no plan. A very important quote we should all remember when trading "Trading is 10% Win, 10% Loss and 80% waiting" All the best for the week.
OANDA:NAS100USDShort
by Tradeofgrey
NZDUSD potential 100pips breakout move (keep as your watchlist).Kiwi dollar has been very quite in the last few weeks as the price remain trading in range, but currently we can see that the price are squeezing inside the triangle which indicate an impulse will soon take place, I will keep watching this pair as the breakout will likely give us a good rewarding pips. _________________________________________________________________________________________________________________________________________ Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade together. Disclaimer the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. _________________________________________________________________________________________________________________________________________ Thank you for your support
by LCFXpro
4
USDCHF FALSE breakdown and GROWTHUena of this currency pair has been moving in a global downtrend for a long time. Two narrowing resistance and support lines are correcting price movements in the next trend. The support line is quite strong - it has existed on the chart since 2017 and has been quite successfully stopping the price decline all this time. This is clearly seen in the last few months - since July - each time the price reverses to the line. This time, the price touched the resistance line at 0.893 and was able to break it. One already becomes clear that this is an insignificant false breakout after which the price is going to grow again. I expect that now the price will start to rise again during the growth, break this line once again, fix on it by means of a rollback and then rise to resistance. Thus, the expected target is the resistance line 0.906. Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩‍💻
Long
by Lingrid
9
GOLD on strong RESISTANCE zone. Start FALLGold passed part of the way according to the plan outlined by us earlier - namely: it rose to the resistance zone. From the support level of 1766.34, the price jumped and rose to the resistance level of 1798.39. There is a very strong resistance zone at this level. It is formed, firstly, by the level of resistance itself. Secondly, at the same place, the level crosses the July 2020 resistance line. As you can see on the chart, the line has already given an impulse for a price reversal several times. So right now I don't think the price will be able to break this strong zone. I expect the price to move along the resistance zone and then fall back to the support level. The final target is thus a support level of 1766.34. Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩‍💻
FOREXCOM:XAUUSDShort
by Lingrid
32
Ethereum Setup.Ethereum - Intraday - We look to Buy a break of 458.2 (stop at 449.8) Price action has continued to range within a triangle formation. Trend line support is located at 440.0. Trend line resistance is located at 454.0. The bias is to break to the upside. Daily signals are bullish. Prices are extending higher from the bullish flag/pennant formation. Our profit targets will be 482.3 and 492.3 Resistance: 450.0 / 458.0 / 470.0 Support: 440.0 / 434.0 / 426.0
BITSTAMP:ETHUSDLong
by Signal_Centre1
1