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Trendpattern

Mastering Ichimoku Cloud: Predicting Price Movements Like a ProIn this comprehensive video tutorial, I’ll guide you through the process of predicting price movements using the Ichimoku Cloud. Learn how to determine price direction with precision and identify the crucial "doorway" the price must pass through to confirm a trend. We'll cover: Understanding the components of the Ichimoku Cloud Identifying key signals for trend confirmation Real-life examples to illustrate how price interacts with the cloud Practical tips for applying Ichimoku Cloud analysis in your trading Join me as I share my expert insights and provide step-by-step guidance to help you master the Ichimoku Cloud. Don’t forget to like, comment, and subscribe for more trading lessons and strategies. Let's elevate your trading skills together! 🚀💹
Education
by TruthakaWallStreetakaCookie
GBP/JPY- Trend Changing PatternMy focus this morning is on the GBPJPY, we have seen a strong reaction to the breakdown low that happened on 03 May 2024. The reaction gave us a bullish wave structure on the H1 timeframe, the concluding factor is that wave structure 4 failed to make an HH 5 (200.652). Instead of an HH 5, the price made an LH 5 in an uptrend. The price then proceeded to break structure 4, known as a trend-changing pattern. Knowing this information determined our directional bias for the GBPJPY. So far, we have seen a retracement to the LH 5 (200.652), which has now become a structural point because it made a LL. Yesterday the price formation indicated that the Sellers are slowly coming into the market above the 200.652, we saw sharp rejections twice yesterday and a trade below the 200.65 and 200.50 today will be a sell indication for us. The invalidation point is a break above the 200.95, above here selling is no longer an option for us. Think in Probability: As traders, you must be careful to align your behavior and expectations with the following principles: - Anything can happen - An EDGE is only an indication of one thing happening over another - There is a random distribution between wins and losses - You don't need to know what will happen in order to make money in trading.
Short
by Charts247TradingAcademy
7
XAU/USD Swing TrendXAU/USD Swing Trend - Primary : Down Trend - Secondary : Down Trend - Minor : Down Trend I think now It may be at the end of leg C of 4. and Finished 13 day of Down Trend Already. However, Trade with the trend, when my Minor Trend looked up, I then waited for the price to adjust down to the EMA line and to the +1 SD line as well. Therefore, the Buy Position has been opened. The target is to make a profit in the area of ​​2400, which is the Supply Zone. And place SL when the price breaks the POC of Volume below.
OANDA:XAUUSDLong
by CoachGoii_SuperTrader
1
Strong increase again, today's trading trendGold prices fluctuated today amid weaker-than-expected US employment data. Since then, the market has speculated that the country's economic growth will slow down. Investors strengthen expectations that the US Federal Reserve (FED) will cut interest rates by the end of 2024. Accordingly, US bond interest rates dropped to 4.2%, meaning the value of bonds decreased. Investors put capital into bonds to generate profits. As a result, very little money flows into precious metals. Gold price today has upward momentum. The World Gold Council said that in April 2024, central banks around the world bought a net 33 tons of gold. This signals that many countries continue to increase their gold reserves to "save for a rainy day". With the above information, speculators may think the gold market will heat up. From there, they increase their purchasing power. Today's gold price in the world increased by 28 USD, from 2,327 USD/ounce to 2,355 USD/ounce at 6:00 a.m. on June 6.
TVC:GOLDLong
by FalCol_TradingMaster
Gold ( XAUUSD ) Outlook !!!www.tradingview.com Gold (XAUUSD) is navigating a descending triangle pattern and has rebounded from its upper edge. The 50-period moving average adds an additional layer of resistance for the asset. If it breaks above the 2345 resistance level, it could clear the path to the 2365/2390 resistance Conversely, a rebound from the upper edge may trigger a decline to the 2310/2285 support level. The overall trend is positive, yet a dominant buyer has not emerged. The market is in anticipation of news. On a local scale, the trend is downward. To validate a shift to a local upward trend, the price must surpass and stabilize above the range of 2354 - 2364; this would set the stage for a potential rise to 2400. However, should the price fall below 2328, it could trigger widespread market concern.
EIGHTCAP:XAUUSD
by Goldxking
GBPJPY Strong Reversal & GBPUSD UpdateThe Japanese Yen(D) is going through the B to C leg of its correction, which we saw in the yen pairs in the last 24 hours. The GBP/JPY is our pick for a long trade because it has a more technical-bullish outlook than most other yen pairs. More info in the video. GBP/USD The cable broke higher yesterday above 1.2634 , the limit for any downtrend continuation. The violation of this point invalidated the expected downtrend continuation trade. We must wait for the price to conclude the current rally before we can act on a new position in the cable.
Long
by Charts247TradingAcademy
3
possible Head & shoulder patternthere is a possibility that nifty smallcap 250 can for a head and shoulder pattern here, which can bring it down by total of 11%, and 7.7% after the formation gets completed. It is very likely that the market will not complete this pattern, but just for awareness and availability of different perspective I wanted to post about it. also, please do not take any decisions too quickly based on this as patterns are for very short term but in the long term I'm still very bullish on the midcap and smallcap index.
NSE:NIFTYSMLCAP250
by anmol18888
General trading strategy today, which areas should Sell and Buy?Gold prices in Asia increased in the afternoon trading session on May 14, as the market is awaiting important inflation reports expected to be released this week, for more clues about the speed and scale of interest cuts. interest rate of the US Federal Reserve (Fed) this year. Spot gold price increased 0.2% to 2,338.78 USD/ounce, while gold futures price increased 0.1% to 2,344.70 USD/ounce. The US producer price index (PPI) is expected to be announced at 6:30 p.m. Vietnam time, followed by the consumer price index (CPI) on May 15. According to a Reuters poll, CPI figures are forecast to show core inflation rising 0.3% in April from the previous month, down from 0.4% in March, pulling down the inflation rate. annual inflation down to 3.6%. If gold can hold above the level of 2,320-2,330 USD/ounce, it is a positive sign, meaning gold is gaining momentum in the short term. And with the push from weaker CPI figures (if any), he thinks gold is likely to rise to all-time highs in the short term. The weak jobs report and lower-than-expected US non-farm payrolls reported in April released last week have increased expectations about the possibility of the Fed cutting interest rates this year. According to a majority of economists polled by Reuters news agency, the Fed is expected to cut interest rates twice this year, starting in September.
TVC:GOLDShort
by FalCol_TradingMaster