08.01.25 Morning ForecastPairs on Watch -
FX:NZDJPY (Live)
FX:GBPUSD
OANDA:XPTUSD
I will be recording a trade recap video of a UK100 position I took yesterday with the NZDJPY position I also took today this week.
A short overview of the instruments I am looking at for today, multi-timeframe analysis down to what I will be looking at for an entry. Enjoy!
Structureanalysis
26.11.24 Morning ForecastPairs on Watch -
FX:GBPJPY
FX:EURCAD
FX:GBPUSD
A short overview of the instruments I am looking at for today, multi-timeframe analysis down to what I will be looking at for an entry. Enjoy!
I am travelling to Dubai tomorrow morning and as explained in the video, I will do my very best to get some forecasting posted for you guys!
SOLUSDT Market Structure Update👋Hello Traders,
Our 🖥️ AI system detected that there is an H1 or higher timeframe ICT Long setup in
SOLUSDT for session trade (a couple of Hours)
Here is a session trade idea (since it is near support surface, we should use small lot size)
Please refer to the details Stop loss, Buy Zone,open for take profit.
Next Long entry after retracement in any session.
For more ideas, you are welcome to visit our profile in tradingview.
Have a good day!
Please give this post a like if you like this kind of simple idea, your feedback will bring our signal to next better level, thanks for support!
Intel - (Much) Lower from here!NASDAQ:INTC is about to create such a massive higher timeframe candle - a drop is immanent!
Within one month, a setup played out and we are back to beginning. During the past 30 days, Intel rejected the support towards the upside with a move of +25% and immediately reversed the entire move. The monthly candle will close so bearish, I do expect a break below the current short term support, followed by a retest of the multi-year long support area.
Levels to watch: $30, $26
Keep your long term vision,
Philip - BasicTrading
Brace Yourself: Is Gold's Bearish Trend to Continue Next Week!?Key Levels:
Resistance Levels:
$2,480: Recent high, acting as a strong resistance level.
$2,449.525: Previous high, another significant resistance level.
Support Levels:
$2,391.612 (4HR LQZ / TP 1): First significant support level and target point.
$2,348.723 (Daily LQZ / TP 2): Second support level and target point.
$2,289.000 (TP 3): Third support level and long-term target.
Trend Analysis:
The chart shows a clear descending movement from the recent highs, indicating a bearish trend.
The price has broken down from a rising wedge pattern, which is typically a bearish signal.
Indicators and Patterns:
Rising Wedge: The price action formed a rising wedge, and the breakdown confirms the bearish trend.
Price Action: The current price movement shows lower highs and lower lows, which aligns with the bearish trend.
Volume: Consider monitoring the volume for further confirmation of the trend. High volume on down moves indicates stronger bearish sentiment.
Strategy:
Short Positions: Traders might look for shorting opportunities at resistance levels or breakdown retests.
Target Points: The support levels ($2,391.612, $2,348.723, and $2,289.000) serve as potential target points for short positions.
Stop Loss: Place stop-loss orders above the recent highs to manage risk.
Conclusion:
The technical breakdown of XAUUSD indicates a bearish trend continuation. With the price breaking down from a rising wedge and confirming lower highs and lower lows, traders should consider short positions, targeting the support levels mentioned. Keep an eye on the volume and price action for further confirmation and manage risk with appropriate stop-loss levels.