GOLD SELLING PLANHello, I am anticipating a possible sell opportunity for gold after price has recently broken out of the the merging bearish peanut from a possible heads and shoulders pattern.
Please drop your views in the comment section
Timakafx
EURUSD POSSIBLE SELL PLANI have identified a potential short opportunity for EUR/USD . The analysis suggests a bearish scenario as I anticipate a downward movement upon a retracement to the key level of 1.09394 on the 4-hour timeframe. The possibility of a continuation of this downtrend is substantial, with a potential target around the 1.07220 level.
It's essential to remain vigilant and monitor the price action closely as it approaches the identified resistance zone. A confirmation of bearish momentum, coupled with rejection at the mentioned level, could strengthen the validity of this trade setup.
I invite you to share your insights and opinions on this analysis. Your input and perspectives would be valuable in refining our approach and ensuring a well-rounded assessment of the market conditions.
GBPUSD POTENTIAL SELLING IDEAHello, I am anticipating a potential bigger move to the downside in reaction to yesterday's big fall. I am in view of the pound gaining a little retesting potential to the previous levels around
1.27183 at 61.8 fib retracement of the July 23 2022 and Oct 23 2022 downtrend to collect some selling pressure upto about around 1.23077. PLease comment your views below
US NAS100 POTENTIAL TRADING PLANHello, this is my idea on us100, As you see on a chart, i have drawn out a potential sell area basing on the previous reactions along a dynamic resistance running from a fri
11November 22 low at 11531 through a couple of lows until Monday's high at 11302. If price can give a clear rejection off 11302 then can do a sell to 11090 or if we get a break above 11302 then we can have a potential buy opportunity into the highs of 11871 basing on the fact that we would have witnessed a break above vivid resistance and trending above a potential double bottom neckline back in to an expanding bullish triangle.
NZDUSD 1HR INVERTED HEAD AND SHOULDERSHello, I am seeing a possible continuation of the current short term upward movement of the NZDUSD, as you see we have a broken channel and a possible inverted head and shoulders whose neckline has recently been broken. So am currently in a short term uptrend prediction.
BCOUSD COFIRMED LOWER HIGHS, UPTRENDLINE BREAK, BEARS ON THE RUNBrent crude has recently made four lower highs on the daily timeframe following the ongoing spark between the US admin and OPEC
Technically I am anticipating price to hit lower lows especially since bears have been able to break the previous major lows around 68.106 in addition to previous break of the trendline to the lower side earlier this week and a break below a double top structure.
Find conservative sells between 68.30 and 68.60 with major targets around the 61.00.
USDX CURRENTLY AT STRONG INTRADAY RESISTANCEThe dollar has gained in the past two days and bulls are seemingly strong, however, price rests below the 93.15 level which has been strong enough to take down price on July 21 and Aug 21 respectively. The case is however different as you can see the a bigger bullish momentum approaching the level and so may mean a possible break in to the March 21st highs at 93.44. I would recommend patience at the current 93.15 level, anyone who wants tot sell the dollar should wait for the most convincing bearish price action around this level, else they should wait for 93.44.
