SOL - Almost Ready...SOL is almost ready for a major reversal. We are seeing the penultimate leg before the final drop. Once that's done, it would be in the perfect place to buy.
Right now, we can enter short term buys back up to around the 56 level.
Short Term Trade Idea: LONG
- Buy with stops below the recent lows
- Target 56
Short Term Trade Idea: SHORT
- Once we're at the 56 level, watch for rejection and short
- Targets: 40, 30
Long Term Trade Idea:
- Once we see the final leg down, watch for bullish price action
- Once it appears, enter with stops below the lows
- Targets: 140, 200, 250, HODL
Goodluck and as always, trade safe!
Swinganalysis
GBPAUD AnalysisExpecting a bullish retracement on GBPAUD to 1.89877.
On the daily, the market is also respecting a bullish order.
On the weekly, price has broken our trendline after three touches but the breaking candlestick didnt closed as an inside bar, no clear rejection from the upside. A close below the low of the candlestick should give a clearer bearish momentum.
GOLD - Swing Model Shows Invalid Bulls Under 17901790-1797 could provide good opportunity to buy on dips given a few setup including: structure retest, MA(200) on 4-hour chart at 1795, a channel forming on 4-hour time frame, and a possible hidden bullish divergence.
However, our swing model indicates bullish swing may come to an end if gold breaks support at 1790. Above 1790, gold still has hope to go to 1853.
GBPUSD - WEEKLY ANALYSIS GBPUSD - Follow the levels for upcoming week, based on trend lines and price action it is expected to go down.
My approach will be a sell below 1.36100
Maintain stop loss around 1.36900
Potential downside target 1.34600
Trade as per your risk appetite, I will be glad to see your likes & comment.
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10 + years of trading experience
Professional Day trader
Excellence award winning mentor
Professional chart, clear chart without junks.
Major S/R levels with inner insights
Frequent Day & Swing trade levels
All major and minor FX/INDICES covered. Thanks
GOLD - SWING ANALYSISGOLD - Follow the levels for upcoming week, based on trend lines and price action it is expected to go down.
My approach will be a Sell in the range 1852-1856
Maintain stop loss around 1868
Potential downside target 1820-1825
Trade as per your risk appetite, I will be glad to see your likes & comment.
Why you should follow this tradingview account ?
Managed by top most renowned trader - Pulak Priyesh
10 + years of trading experience
Professional Day trader
Excellence award winning mentor
Professional chart, clear chart without junks.
Major S/R levels with inner insights
Frequent Day & Swing trade levels
All major and minor FX/INDICES covered. Thanks
USDJPY - SWING ANALYSISUSDJPY - Based on the daily candles and price action it seems to be in a very narrow range and momentum is favouring back to bulls while stiff resistance is waiting on the top. I have drawn a possible road map on the chart. Follow the levels properly.
My approach will be a buy here at current level for a potential upside upto 106.050
Maintain stop loss around 105.050
However from the levels 105.950 to 106.100 it is expected to lose buyers strength and expected to fall back to the level 105.050
So at the moment enter for sell in the mentioned range and maintain stop loss around 106.350
Hope the description clears everything as I have written it in a simplest way possible, But feel happy to write in the comment section for any doubts.
Hit the like button to spread positivity and happiness around.
Why you should follow this tradingview account ?
Managed by top most renowned trader - Pulak Priyesh
10 + years of trading experience
Professional Day trader
Excellence award winning mentor
Professional chart, clear chart without junks.
Major S/R levels with inner insights
Frequent Day & Swing trade levels
All major and minor FX/INDICES covered. Thanks