Uptrend
Strong Up Trend of XAUUSD in monthly timeframeIn 1M timeframe,the price bar is still above Fast Trendline (blue line), it means that the trend is still strong.
Gold made strong resistant zone at 2070 price level. The price made a pin bar in Mar 2022 with high strong volume but reversed. The volume is now low, under MA20.
In my opinion, there are two scripts:
- (1) Price will break the 2070 resistant zone. After that, price will come back and retest the resistant zone.
- (2) Price will touch resistant zone and reverse. Price won't break Slow Line (The thick green line), and come back and break the resistant zone.
We need to wait the bar close in May and June to confirm trend.
I prefer first script, because the up trend is still strong.
DAX Update On The Long Forecast! Buy!
Hello,Traders!
DAX hasn't moved much
Since the last time I made
A long forecast on it
So I decided to give a quick
Update: we are still bullish
Biased and I am just
Waiting for the breakout
Out of the consolidation
Buy!
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GBP-AUD Long From Support Cluster! Buy!
Hello,Traders!
GBP-AUD is trading in an
Uptrend along the rising
Support which confluences
With the horizontal support
Of 1.8644 and from where
I think we will see a move up
Buy!
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USDJPY I Intraday long from supportWelcome back! Let me know your thoughts in the comments!
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GBP-NZD Growing Inside The Channel! Buy!
Hello,Traders!
GBP-NZD is trading in an
Uptrend in a rising channel
And the pair has retested
And rebounded successfully
From the rising support of the
Channel so further growth
Is to be expected
Buy!
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$AQUA with the trifecta: price, volume & relative strengthThe price has formed a head and shoulders pattern and now I'm waiting for the follow through above $50.
The OBV and the RS ratio vs the S&P 500 are near new highs confirming the strength in price action.
Still, I'll wait for the breakout to buy with a price target at HKEX:62 for a +25% profit.
You can see that I was stopped out on MARCH 2022, can you imagine if I hadn't use a stop loss? More than a year with dead money.
I good to see other leaders within the industry like NASDAQ:TAYD , NYSE:SXI , NYSE:GHM & NASDAQ:SYM are also trending higher, this gives support to $NYSE:AQUA.
This is a market of stocks, not a stock market!
GOLD | Bullish Sentiments | Long SetupThe current price of gold is in a phase of consolidation but attempting to break out of this range. The current price is being supported by a strong level of buying activity and forming a pattern of higher highs and higher lows, which may indicate a potential bullish trend.
PG Proctor & Gamble Swing Long or InvestPG had a triple bottom in March and now is again on an uptrend rest
march towards the all-time high of $ 165 which is the target here.
The volume indicator shows a slowly rising volume compared with March
with a spike on April 20th corresponding to a favorable earnings play.
The long term moving average shows the reversal of the downtrend
into a triple bottom ( long moving average with near zero slope)
and then the uptrend. The RSI indicator shows cycling between
overbought and oversold and so the entries for buying then selling call
options if one is more a trader than an investor.
Having had favorable earnings I see this as part of a recession type
an investment portfolio with all-time high as the target and looking
to hold through the next quarterly earnings if the uptrend has no
major correction in the meanwhile. Slow and stead wins the race.
I
EUR-AUD Local Long From Rising Support! Buy!
Hello,Traders!
EUR-AUD is trading in an
Uptrend along the rising
Support line and after the
Retest we are seeing a
Nice bullish reaction from
The support so I think that
The price will go further up
Buy!
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