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Traderchamp

🇱🇰 ASI LONG PROJECTIONOn the hourly timeframe, ASI is currently moving within a bearish channel. A false breakout occurred at the hourly support level, leading to a reversal back towards the upper boundary of the channel. The lower highs formed by ASI within the bearish channel indicate a short-term bearish momentum. The recent price reversal respected the upper boundary of the channel, reinforcing the bearish trend. To anticipate a potential upward rally, it is essential to await confirmation of a bullish breakout. Until such confirmation occurs, the prevailing expectation is for the bearish momentum to persist within the established channel.
CSELK:ASILong
by Profitlio_
AUDCHF BEARISH CHANNEL LOOKING FOR A BREAKOUTWe've identified a robust bearish channel on the weekly timeframe, pinpointing a reversal at a significant support level. Despite recent bullish attempts, the price couldn't breach the upper boundary and the established key level, leading to a reversal back towards the support. To anticipate a substantial bullish reversal and a potential rally, confirmation is needed for a breakout above both the upper boundary and the key level.
Long
by TraderChamp-Pro
GOLD REVERSAL AHEAD ON THE RESISTANCEGOLD has significantly rallied above 1980 recently after a massive sell off seen last week. The gold showed up an expanding channel breakout recenly and here we see a possible sell zone over the current market price levels which cause gold to dump and experience severe damage to its price. Here we expect a reversal on the resistance formed in order to retrace back towards the trend line formed and also the key levels identified.
OANDA:XAUUSDShort
by TraderChamp-Pro