Right then, can see we have come to a major level of significant resistance and we are seeing bearish pressure as a reaction to it (has been of significance for a while so other people will look to trade this level aswell). If i see alot of bearish pressure i will be entering as other traders will do the same and bring down price in favour
Consolidating for some time, seen alot of short term resistance at current area of volatility and will be looking for next bearish swing to support
Euro vs Australia dollar 💵 has made a falling wedge over daily TF and when it broke above that falling wedge it has made a 1H falling wedge to retest the daily broke falling wedge it has also broke 1H wedge an trying to move into bullish direction toward its daily Resistance so we will be waiting for a confirmation and enter into trade
There is a pattern on M15 All timeframes are overbought with double tops This is with the daily trend stop loss is 40 pips
Today, I’m excited to share our premium long trade setup for DUSKUSDT. Let’s start by focusing on the critical $1.45 support level, where we observed a clean rejection of the 161.8% Fibonacci support. This rejection is a strong positive signal, indicating a potential trend reversal for DUSK. Currently, we see the completion of a 5-wave move to the upside, which...
Triple bottom on M15, M30 and H1 There is divergence With the H4 trend There is no pattern so it is a bit dangerous 100 pip stop loss
AUD/CAD Long Minimum entry requirements: • Tap into area of value. • 1H impulse up above area of value. • If tight 5 min continuation follows, reduced risk entry on the break of it. • If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it. EUR/USD Short Minimum entry requirements: • If 3 touch 1H...
🌐Fundamental Analysis The British Pound (GBP) extended its two-day losing streak and hit a fresh intraday low below 1.3150 against the US Dollar (USD) in the North American session on Friday. The GBP/USD pair failed to gain as the US Dollar strengthened following the release of weaker-than-expected US Personal Consumption Expenditures (PCE) Price Index data for...
This is with the H4 trend There is no pattern but it is hitting target 1 for a buy pattern Most Indices look like they need to fall tonight Stop loss of 100 pips
Fundamental Analysis Gold prices recovered some of their losses on Thursday after bouncing off a weekly low below $2,500. Expectations of a U.S. interest rate cut could boost demand for gold as lower rates reduce the opportunity cost of holding non-yielding bullion. In addition, the current political uncertainty in the U.S., geopolitical tensions in the Middle...
Gold structure in the Asian session on August 29. After bouncing from the support zone of 2495 as analyzed yesterday. Gold was strongly pushed back above yesterday's resistance zone of 2511. The 2511 zone unexpectedly became an important support zone of today's session and then the resistance level of 2518 became a trading price range for gold in the Asian session...
✍️DCA stands for Dollar Cost Averaging - which means averaging the price, simply put, it is when a trader buys an asset many times at different prices. ✍️This is a very popular strategy in finance and cryptocurrencies. The main purpose of the averaging strategy is to effectively minimize investment risks. And increase profits when the market is trending. 🤑🤑In...
☘️Fundamental Analysis Gold prices lost steam amid a modest recovery in the US dollar (USD) on Wednesday. However, escalating geopolitical tensions in the Middle East could help limit losses. In addition, US Federal Reserve (Fed) Chairman Jerome Powell's speech at the Jackson Hole symposium last week, signaling that it was "time" to start cutting interest rates,...
Gold prices surged after Federal Reserve Chairman Jerome Powell spoke. While buyers also are careful approximately how hawkish the Fed will be Caution and profit-taking strain can be elements that save you gold from persevering with to rise. However, many latest forecasts display that the medium and long-time period fashion of gold continues to be pretty bright....
All timeframes are massively overbought There is a pattern on H4 and H1 This is a weekly high where there is a lot of resistance Since it is against the trend I would normally not go for such a trade but stocks look like they need to come down so this could be a trade tight stop loss and take profit when it hits the H4 trend as this is still very uptrend
☘️Fundamental Analysis Gold prices traded in negative territory amid a modest recovery in the US dollar (USD) on Tuesday. However, signals from US Federal Reserve (Fed) Chairman Jerome Powell at Jackson Hole that the central bank will begin cutting interest rates are likely to support the precious metal. Lower interest rates are generally beneficial for gold as...
This trade is with the H4 trend There is a pattern on M15 Not that much divergence but because this is a fast trade expecting not that much consolidation. 40 pip stop loss
Fundamental Analysis GBP/USD surged in North American trading after Federal Reserve Chairman Jerome Powell gave the green light to interest rate cuts, as he believes inflation is approaching the central bank's 2% target. The pair traded above 1.3200, at a fresh two-year high, up more than 1%. Bets on a 50bps rate cut opening in September have increased after Fed...