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GOLD 1H CHART ROUTE MAP & TRADING PLAN FOR THE WEEK Hey Everyone, Please see our updated 1h chart levels and targets for the coming week. We are seeing price between two weighted levels. We have 2434 Goldturn resistance and 2421, as Goldturn support. We currently have a gap above on market open at 2434 and below at 2421 and will need ema5 cross and lock on either weighted level to determine the next range. We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGET 2434 EMA5 CROSS AND LOCK ABOVE 2434 WILL OPEN THE FOLLOWING BULLISH TARGET 2446 2459 BEARISH TARGETS 2421 EMA5 CROSS AND LOCK BELOW 2421 WILL OPEN THE FOLLOWING BEARISH TARGET 2408 2396 EMA5 CROSS AND LOCK BELOW 2396 WILL OPEN THE SWING RANGE SWING RANGE 2380 - 2360 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
11
GOLD 4H CHART ROUTE MAP & TRADING PLAN FOR THE WEEK Hey Everyone, Please see our updated 1h chart levels and targets for the coming week. We are seeing price between two weighted levels. We have 2438 Goldturn resistance and 2416, as Goldturn support. We currently have a gap open above at 2438 and below at 2416 and will need ema5 cross and lock on either weighted level to determine the next range. We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGET 2438 EMA5 CROSS AND LOCK ABOVE 2438 WILL OPEN THE FOLLOWING BULLISH TARGET 2467 BEARISH TARGETS 2416 EMA5 CROSS AND LOCK BELOW 2416 WILL OPEN THE FOLLOWING BEARISH TARGET 2389 EMA5 CROSS AND LOCK BELOW 2389 WILL OPEN THE SWING RANGE SWING RANGE 2369 - 2345 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
5
DAILY CHART UPDATEHey Everyone, Please see update on our daily chart structure that we have been tracking and trading successfully for a while now. Previously we had 2355 retracement range providing support and the re-actional bounce, as analysed and we stated that we will either look for a ema5 lock below this level to open the range below or a failure to lock below this level will follow with the upper range tests again. This played out perfectly with no cross and lock below 2355 and therefore we got the perfect bounce re-testing all the targets above. Prior to last week we also got the ema5 cross and lock above 2405 opening 2464 once again, which was hit once completing the gap again. Currently we have a ema5 cross and lock gap below at 2355 and then a new turn created a current ema5 cross and lock above 2405 opening 2464 again. We now have gaps both ways and need to keep this in mind when planning to buy dips. We will use our smaller timeframe analysis and trading plans to navigate the range in true level to level fashion. Our long term bias is Bullish and therefore we will continue to use our smaller timeframes to buy dips using our levels and setups. Buying dips allows us to safely manage any swings rather then chasing the bull from the top. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
3
GOLD WEEKLY CHART MID/LONG TERM/RANGE ROUTE MAP Hey Everyone, Please see update on our weekly chart idea and analysis. As stated last week, that although we have the final Axis target at 2505, we are expecting resistance and reaction here at 2434, at the channel top and will probably need a few attempts before cracking open the range above. This played out perfectly with multiple attempts on the channel top and now we got the candle body close above 2434 opening the 2505 gap. However, ema5 cross and lock will further confirm this gap to solidify confirmation. The drop early last week was only to touch ema5 for the detachment correction, which immediately followed with the push up inline with our plans to buy dips. The levels within the channel will provide the bounces, inline with our plans to buy dips in true level to level fashion, using our smaller time-frames. Buying dips allows us to safely manage any swings, instead of chasing the bull from the top. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
6
US30 ( INSIDE SENSITIVE AREA BETWEEN TWO TURNING LEVEL ) ( 1D )US30 HELLO TRADERS U.S. stocks were higher after the close on Friday, as gains in the Technology, Consumer Services and Telecoms sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average gained 0.13% . currently price inside two turning level in way , breaking each side determine our direction , thus breaking turning level (1) it is mean active up trading ,if the price breaking turning level (2) by close 1d candle or 4h candle below it , indicates to reach support level . Tendency, the price inside sensitive are between two turning level around 40,031 and 38,509 Upward Zone : in order see increase , if the price corrective turning level (2) and stabilizing above this level should be trying to reach turning level (1) at 40,031 , to confirm up trading , the price will be breaking turning level (1) to reach resistance zone around 40,990 and 42,268 . Downward Zone: by breaking turning level (2) at 38,509 , the price should be trying to reach support level (1) 37,550 , after stabilizing below this level could further support to reach of as next level at 36,235 . TARGET LEVEL : RESISTANCE LEVEL : 40,990 , 42,268 . SUPPORT LEVEL : 37,550 , 36,235 .
EIGHTCAP:US30
by ArinaKarayi
GOLD MARKET UPDATEHey Everyone, Please review our 1H chart route map update. Absolutely amazing to see how well our levels and weighted levels confirmed the continuations and rejections this week once again and how we were able to navigate and track the movement up and down. We started the week with our Bullish target at 2458 hit. No further cross and lock above this weighted level confirmed the rejection. We then saw ema5 lock below weighted level 2423 opening the retracement range, which played out perfectly. This followed on with a cross and lock below 2394 opening the swing range. The swing range was hit and then provided the swing and did what it says on the tin providing the full swing inline with our plans to buy dips. - BOOOOM!!! After completing the swing, we stated that levels were active again, as price was back in the range. This allowed us to track the movement back up level to level completing 2407 and 2423 and now the last gap in this range remains at 2438. EMA5 CROSS AND LOCK ABOVE 2438 WILL OPEN THE FOLLOWING BULLISH TARGET 2458 - DONE BEARISH TARGETS 2438 - DONE 2423 - DONE EMA5 CROSS AND LOCK BELOW 2423 WILL OPEN THE FOLLOWING BEARISH TARGET 2407 - DONE 2394 - DONE EMA5 CROSS AND LOCK BELOW 2394 WILL OPEN THE SWING RANGE SWING RANGE 2369 (DONE) - 2359 We will now come back Sunday with our Multi time-frame analysis, Gold route map and trading plans for the week ahead. Have a smashing weekend!! And once again, thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
9
BNBUSD ( INSIDE SENSITIVE AREA IN DESCENDING CHANNEL ) ( 4H )BNBUSD HELLO TRADERS inside sensitive area between two turning level , currently it will be attempt to reach turning level (2) . Tendency, the price inside sensitive are between two turning level around 487 and 526 . Upward Zone : in order see increase , if the price corrective turning level (2) and stabilizing above this level should be trying to reach turning level (1) at 526 , to confirm up trading , the price will be breaking turning level (1) to reach resistance level (1) at 557 , after by closing 4h candle above it reach a resistance level (2) at 596 . Downward Zone: by breaking turning level (2) at 487, the price should be trying to reach support level (1) at 453 , after stabilizing below this level could further support to reach of as next level at 403 . TARGET LEVEL : RESISTANCE LEVEL : 557 , 596 . SUPPORT LEVEL : 453 , 403 .
BINANCE:BNBUSD
by ArinaKarayi
XAUUSD ( BREAKING TURNING LEVEL (1) ) ( 4H )XAUUSD HELLO TRADERS as mentioned until the price remain a turning level (2) at 2,391$ , indicates to reach 2,420$ . yesterday the price sharply rising nearby +450pip , currently stabilizing 2,420$ as long as the price trading above this level directly toward to reach 2,436$ Tendency, the price trading above turning level (1) , this makes the upward direction active . Upward Zone : currently the price remain turning level (1) , until the price trading above this level we can see strong upward trending to reach resistance level (1) at 2,436$ and resistance level (2) at 2,459$ . Downward Zone: by breaking turning level (1) around 2,420$ , the price dropping to reach a turning level (2) at 2,391$ , to confirm downward , the price need breaking 2,391$ by open 4h candle below it to reach a support level (1) at 2,364 , then to reach support level (2) at 2,346$. TARGET LEVEL : RESISTANCE LEVEL : 2,436$ , 2,459$ , 2,474$ . SUPPORT LEVEL : 2,364$ , 2,346$ .
OANDA:XAUUSDLong
by ArinaKarayi
TKO is poised for a major multi-year breakthrough!Weekly Chart The 100 level has shown to be a significant resistance point for the stock, as it faced multiple rejections at this level. Following these rejections, the stock entered a significant consolidation phase, which led to the formation of a Symmetrical Triangle pattern. After breaking out of this formation, the stock price soared, reaching a peak around the 117 level before experiencing a decline. However, the stock found support at the 200 WEMA and rebounded from that level.. At present, the stock is lingering near the resistance zone, and with an increase in trading volume, there is a strong expectation that it will achieve a breakout this time around. The appearance of an Inverted Head & Shoulders pattern on the weekly chart indicates a bullish sentiment. Daily Chart The daily chart shows that after being rejected near the 117 level, the stock fell but then reversed by breaking above the double bottom pattern. Since then, the stock has maintained its upward trend and is now close to a major breakout. The rising volume indicates that the price is preparing for an upward move.
NYSE:TKOLong
by NaranjCapital
2
USDJPY ( INSIDE ASCENDING CHANNEL ) (4H) USDJPY HELLO TRADERS Tendency, the price is under upward pressure , until the price trading above support level (1) at 144.354 . Upward Zone : until the price trading above support level (1) , may make be ascending channel , currently the price trading above turning level at 145.808 , to rising reach of a resistance level (1) around 149.186 , to confirm upward , price need breaking by close 4h candle above 149.186 to reach resistance level (2) at 152.225 , may be the price reserve and breaking turning level to reaching a support level (1) at 144.354 , after starting a up trading to inside resistance zone . Downward Zone: should the price reserve and breaking turning level at 145.808 , indicates dropping to support level (1) around 144.354 , to confirm downward , the price it will be breaking 144.354 , by closing 4h candle below it to reach support level (2) at 142.275 , called support zone have been buying increase in this zone . Corrective level :Price may make a correction at 145.808 & 144.354 , before rising . TARGET LEVEL : RESISTANCE LEVEL : 149.186 , 152.225 . SUPPORT LEVEL : 144.354 , 142.275 .
Long
by ArinaKarayi
GOLD MONTHLY CHART LONG TERM/RANGE ROUTE MAPHey Everyone, We have been successfully tracking this chart for a while now and after completing all our targets inline with our plans we felt we needed to share a new update on this chart. 2483 target was completed perfectly last month leaving a detachment below to ema5, which was nearly complete on the drop earlier this week and is good enough for a correction. 2536 is our final long range/term target on this chart idea and we will look to continue to buy dips using our smaller timeframe ideas rather then chasing the bull form the top. Currently we are looking for another likely retest at 2483 and a close above this level will confirm our final target above. Although the correction to the detachment below is nearly complete, we still need to take caution and keep in mind the small gap for the full correction. This can also be self corrected with bullish momentum by pulling up ema5, as the detachment is only small after the brutal correction earlier this week. As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
FOREXCOM:XAUUSD
by Goldviewfx
10
BITCOIN ( INSIDE DESCENDING CHANNEL ) ( 4H )BTCUSD HELLO TRADERS Tendency , the price is under bearish pressure , until trading below turning level at 59,247 . TURNING LEVEL : the price of this level at 59,247 , so as long as the price trade below this level indicates likely to reach a support level (1) , but if the breaking by open 4h candle above this level reach a resistance level (1) . RESISTANCE ZONE : this zone between 63,311 and 68,033 , for reach this zone the price need breaking turning level at 59,247 , first thing breaking this level indicates to reach resistance level (1) at 63,311 , then breaking this level by open 4h candle above this reach a resistance level (2) at 68,033 , after breaking this zone it will be attempt to reach resistance level (3) at 71,766 , selling have already increase in this zone . SUPPORT ZONE : this zone between 54,503 & 51,276 , as long as the price trading below turning level or stabilizing below this level indicates to reach of a support level (1) at 54,503 , then breaking this level by open 4h or 1h candle below this easily to touch a support level (2) at 51,276 . CORRECTIVE : the price corrective at 59,247, before dropping . TARGET LEVEL : RESISTANCE LEVEL : 63,311 , 68,033 , 71,766 SUPPORT LEVEL :54,503 ,51,276 .
BITSTAMP:BTCUSDShort
by ArinaKarayi
EURUSD ( INSIDE ASCENDING CHANNEL) ( 4H )EURUSD HELLO TRADERS Tendency, the price is under up ward pressure , until trade above turning level at 1.091 . Upward zone : In order to see an increase, the price needs to continues trading above a turning level at 1.091 , to reach resistance levels (1) around 1.098 , then if the price breaking resistance level (1) by open 4h candle above it indicates to reach a resistance level (2) at 1.102 , but stabilizing below this level it refers likely to reach a turning level . Downward zone: Provided until the prices breaking turning level by open 4h candle below it, indicates a reach of the support level (1) at 1.084 , then breaking this level with a 4h or 1h open candle below is likely to reach the support level (2) at 1.078 . Corrective level :Price may make a correction at 1.091 , before rising . TARGET LEVEL : RESISTANCE LEVEL : 1.098 , 1.102 . SUPPORT LEVEL : 1.084 , 1.078 .
Long
by ArinaKarayi
1
USOIL ( BETWEEN TWO TURNING LEVEL ) ( 4H )USOIL HELLO TRADERS currently price between two turning level by breaking each level determine the direction , for know the price trading above turning level (2) at 74.74 , remain this level it will be attempt to reach a turning level (1) at 76.25 . Tendency, the price inside two turning level around ( 74.74 & 76.25$) . Upward Zone : in order see increase , the price need breaking turning level (1) at 76.25 , by closing 4h candle above it , easily to reach a resistance level (1) around 78.53 , remain this level indicates the price trying to reach of a resistance level (2) at 80,75 . Downward Zone: by breaking turning level (2) around 74.74 , the price dropping to reach a support level (1) at 72.82, to confirm downward , gold need breaking support level (1) by open 4h candle below it to reach a support level (2) at 71.81 . TARGET LEVEL : RESISTANCE LEVEL : 78.53 , 80.75 . SUPPORT LEVEL : 72.82 , 71.81 .
TVC:USOIL
by ArinaKarayi
US30 ( BREAKOUT ASCENDING CHANNEL ) (1D)US30 HELLO TRADERS Tendency, the price is under down ward pressure, until trade below 40,025 . Upward zone : In order to see an increase, the price needs to break the turning level at 40,025 , to reach resistance levels (1) at 41,219 , then as it stabilizes on the turning level we may see new resistance zones around 42.549 and 43,658 . Downward zone: Provided until the prices trade below the turning level, it indicates a reach of the support level (1) at 39,071, then breaking this level with a 1d or 4h open candle below is likely to reach the support level (2) at 38,099 . Corrective level :Price may make a correction before dropping . TARGET LEVEL : RESISTANCE LEVEL : 41,219 , 42,549 , 43,658 . SUPPORT LEVEL : 39,071 , 38,099 .
EIGHTCAP:US30Short
by ArinaKarayi
GOLD 4H CHART ROUTE MAP UPDATEHey Everyone, Another great day on the charts today, with our plans to buy dips playing out perfectly!!! After getting the 1st level swing range bounce earlier this week, yesterday we stated that we were now looking for ema5 to lock below 2391 to open the full swing range and failure to lock below this level will provide another bounce to retest the levels above. - This played out perfectly with no lock below 2391, which followed with the perfect bounce and now heading towards 2416. We are looking for play between 2391 and 2416 on this 4H chart and will need ema5 lock to break and lock either level to confirm the next range. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week in the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGETS 2467 EMA5 CROSS AND LOCK ABOVE 2467 WILL OPEN THE FOLLOWING BULLISH TARGET 2491 POTENTIALLY 2510 BEARISH TARGETS 2438 - DONE EMA5 CROSS AND LOCK BELOW 2438 WILL OPEN THE FOLLOWING BEARISH TARGETS 2416 - DONE 2391 - DONE EMA5 CROSS AND LOCK BELOW 2391 WILL OPEN THE SWING RANGE SWING RANGE 2369 (DONE) - 2345 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
5
ALNY, LTH & ZETA - The momentum may drive prices to new heights!Alnylam Pharmaceuticals The stock price has encountered several rejections around the 212 level, leading to subsequent corrections. After establishing a Double Bottom pattern, the price attempted to reverse the downward trend but was unable to do so, facing rejection at the 200 level. Consequently, the stock underwent another correction. Following this, the price entered a consolidation phase, forming a Box pattern for a while. In a surprising turn, the price gapped up significantly and broke through its former strong resistance area, remaining above it. Following a brief pullback, the price resumed its upward trajectory, supported by solid trading volume. Life Time Group Holdings Following a rejection around the 22.5 level in November 2021, the stock experienced a significant decline, dropping to just 8.75. Subsequently, the price began to rise again, eventually returning to its previous strong resistance level after a lengthy climb. However, it struggled to break through that barrier and faced another substantial drop. During this downturn, the stock hit a low around 11.3 and then navigated through numerous fluctuations, leading to the formation of a Symmetrical Triangle pattern on the chart. After successfully breaking out of this pattern to the upside, the price surged and managed to overcome the resistance level. If the stock can hold onto this level, we might see even more upward momentum in the days ahead. Zeta Global Holdings The stock price had been consolidating within a Box Pattern before breaking free. Since that breakout, the stock has experienced a steady uptrend, marked by higher highs and higher lows. Amid this upward movement, a Cup & Handle pattern formed, signaling that the trend is likely to persist. Following the breakout, the price is now climbing higher, supported by a significant increase in trading volume.
NASDAQ:ALNYLong
by NaranjCapital
GBP/USD:Anticipating a Bearish Scenario for the British PoundFollowing our successful forecast on the British Pound (link below), we are now poised to take advantage of another shorting opportunity as the price retests the previous supply area. This retest suggests a possible bearish scenario on the horizon. Our analysis is further supported by the latest Commitment of Traders (COT) report, which indicates a notable increase in retail long positions. This influx of long positions among retail traders often precedes a bearish reversal, providing additional validation for our anticipated market movement. As the British Pound retests the supply area, we foresee a potential new bearish impulse forming. This aligns with our strategic outlook, where we aim to capitalize on the expected downward momentum. The convergence of technical analysis and trader sentiment data strengthens our confidence in this bearish forecast. In summary, we are preparing for a bearish scenario for the British Pound, leveraging the retest of the supply area and the insights gained from the COT report. This approach ensures we remain well-positioned to take advantage of the expected market movements. Stay tuned for further updates and detailed analysis. Previous Forecast: ✅ Please share your thoughts about GBP in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
CME:6B1!Short
by FOREXN1
3
SPX500USD ( TRADING ABOVE SUPPORT LEVEL(1) ) ( 4H )SPX500USD HELLO TRADERS Tendency, the price is under bullish pressure , until the price trading above support level (1) at 5,206 . Upward Zone : until the price trading above 5,206 , refers active upward zone , currently the price trading above turning level at 5,267 , to rising inside resistance zone between 5,344 & 5,411 , first thing for this rising reach of a resistance level (1) at 5,344 , by closing 4h candle above it easily reach next level at 5,411 , to confirm a rising , the price should be breaking resistance zone because in this zone have been many sales before . Downward Zone: should the price reserve and breaking turning level at 5,267 , indicates dropping to support level (1) around 5,206 , to confirm true decline , the price it will be breaking 5,267 , by closing 4h candle below it to reach support level (2) at 5,124 , called support zone have been buying increase in this zone before . Corrective level :Price may make a correction at 5,267 & 5,206 , before rising . TARGET LEVEL : RESISTANCE LEVEL : 5,344 , 5,411 . SUPPORT LEVEL : 5,206 , 5,124 .
OANDA:SPX500USDLong
by ArinaKarayi
NAS100USD ( INSIDE DESCINDING CHANNEL ) ( 4H) NAS100USD HELLO TRADERS in recent days , prices have fallen sharply , with the issuance of shares of several companies and losses . Tendency, the price is under bullish pressure , until the price trading above turning level at 18,244 . RESISTANCE ZONE : in order to see an increase , as long as trading and stabilizing above turning level at 18,244 , to support rising to reach of a resistance level (1) at 18,698 , to confirm a rising trading , price should be closing 1h or 4h candle above resistance level (1) to reach a resistance level (2) at 19,112 , this two level called resistance zone , there have been many sales in this zone before , may be the price reserve descending channel before rising . SUPPORT ZONE : should the price reserve and breaking turning level , indicates dropping to support level (1) around 17,435 , to confirm downward , the price it will be breaking 17,435 , by closing 4h candle below it to reach support level (2) at 17,047 , to reach support level (3) at 16,232 , the price should be stabilizing below 17,047 , there have been many buying in this zone before . Corrective level :Price may make a correction at 18,244 , before rising . TARGET LEVEL : RESISTANCE LEVEL : 18,698 ,19,112 , 19,546 . SUPPORT LEVEL : 17,435 , 17,047 , 16,232 .
OANDA:NAS100USDLong
by ArinaKarayi
XAUUSD ( UNDER BULLISH PRESSURE ) (4H)XAUUSD HELLO TRADERS Tendency, the price is under upward pressure , until the price trading above support level (1) at 2,367$. Upward Zone : until the price trading above support level (1) , indicates further up trading , currently the price trading above turning level at 2,391 , to support reach of a resistance level (1) around 2,420$ , to confirm upward , price need breaking by close 4h candle above 2,420$ to reach resistance level (2) at 2,440$ , may be the price reserve and breaking turning level to reaching a support level (1) at 2,367$ , after starting a upward . Downward Zone: should the price reserve and breaking turning level , indicates dropping to support level (1) around 2,367$ , to confirm downward , the price it will be breaking 2,367$ , by closing 4h candle below it to reach support level (2) at 2,337$ . Corrective level :Price may make a correction at 2,391$ & 2,367$ , before rising . TARGET LEVEL : RESISTANCE LEVEL : 2,420$, 2,440$ , 2,460$. SUPPORT LEVEL : 2,367$ , 2,337$ , 2,303$.
OANDA:XAUUSDLong
by ArinaKarayi
DOGEUSDT ( STABILIZING BELOW TURNING LEVEL ) ( 4H )DOGEUSDT HELLO TRADERS Tendency , the price is under bearish pressure , until trading below turning level at 0.102 . TURNING LEVEL : the price of this level at 0.102 , so until the price trade below this level indicates likely to reach a support level (1) , but if the breaking by open 4h candle above this level reach a resistance level (1) . RESISTANCE ZONE : this zone between 0.115 and 0.128 , in order to see this zone the price need breaking turning level at 0.102 , breaking this price indicates an increase and reaching the resistance level (1) at 0.115 , then stabilizing above resistance level (1) likely to reach of a resistance level (2) at 0.128 , after breaking this zone it will be attempt to reach resistance level (3) at 0.141 , selling have already increase in this zone . SUPPORT ZONE : this zone between 0.091 & 0.080 , until the price trading below turning level or stabilizing below this level indicates to reach of a support level (1) at 0.091 , by open 4h or 1h candle below support level (1) , it indicates to reaching support level (2) around 0.080 CORRECTIVE : the price corrective at 0.102, before dropping . TARGET LEVEL : RESISTANCE LEVEL : 0.56 , 0.61 , 0.65 . SUPPORT LEVEL : 0.44 , 0.39 .
Short
by ArinaKarayi
2