Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Recently price traded near $2475 level, bouncing down to $2438 points, and started to grow in wedge. In wedge, price soon broke $2475 level and then rose to resistance line, but quickly turned around and fell below. Price made a fake breakout of $2520 level, but...
Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price entered to downward wedge, where it at once rebounded from the resistance line, which is located in the seller zone, and started to decline. In a short time price fell to the support line of the wedge, and then tried to grow, but failed and continued to...
Wedge breakout has potential to fill the daily gap into the $9 range
Good morning, I am monitoring the AVAX ecosystem and was paying close attention to JOE. When I checked the USDT pair I could notice a possible falling wedge forming: Then, I checked the BTC pair, and I found a possible inverse head and shoulders: So far we have not confirmed any pattern, and the pum that the AVAX ecosystem experienced, is fading, so what I...
FX:NZDUSD is set to go higher. The price is breaking the local resistance within the uptrend. There is an important event ahead, which can affect the price quite strongly... On D1 the market is hinting at bullish prospects, a retest of the global resistance is forming, which divides the market into 2 parts... Traders are waiting for the FOMC and FED...
A sudden breach of the previous record high sparked a significant uptrend in the price of Gold last week, pushing it to a crucial resistance level at 2600. Following a test of this level, the market began to consolidate and formed a head and shoulders pattern on the hourly chart. A break below the neckline of this pattern will be a strong bearish indicator,...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Recently price entered to rising channel, where it at once made a correction to support line and then continued to grow. In a short time, price rose to resistance line of channel, but at once bounced down, making a fake breakout of $1.1120 level. EUR exited from...
gold price are rising very high for last two years it started two years ago with uk crisis when fed started turning monetary easing by Financial condition. in last two year fed pivot from 75 to 25 hike to doing QE meeting by meeting from november 2022 to march 2023 while now crowd asking fed will cut to make kamala win election. to avoid recession in election...
FX:EURCAD exited from the accumulation of the “descending triangle” format, which is a favorable signal for the continuation of the trend. A promising bullish structure is forming on W1. Euro, despite the ECB interest rate cuts, is growing and the growth is mostly related to the dollar, which is falling after Friday's news of PPI and Initial Jobless...
🔹 EURUSD Analysis on 1HR chart - The current Trend is BULLISH - there is Bearish divergences -Rising Wedge reversal pattern is form 🔹 Trade Plan - Entry Level = 0.67295 - Stop Loss = 1.11500 - TP1 = 1.11030 - TP2 = 1.10790 🔹 Risk Management - First TP is 1:1 - Second TP is 1:2 🔹 How to Take Trade? - Only risk 2% of your portfolio - Take 1% risk entry with 1:1...
Hello Trader's How was your day going on Let's look up this chat pattern and comment what next move comming I'm going to trade this.... Sk Don't miss to follow for next update
4-Hour Chart: Consolidation Below All-Time High: After reaching the all-time high, the price is consolidating in a rising wedge pattern. This formation reflects indecision in the market, but the overall structure suggests potential for a downward move. Key Levels: 4H LQZ TP1 (2,550.342): A strong support level and a possible target for short positions if the...
In a very long falling consolidation with upside price targets of: 95, 97, 99 once the wedge breaks out. May require a fed easing policy to help out China.
$OGPU showing immense strength throughout the past few months, while many other alts completely nuke. Will go hard in Q4.
Finally, Bitcoin broke the symmetrical triangle and the price can fall to the support zone. also 53k is a good price to buy again!!! ✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ...
FX:XAUUSD is testing 2500 on the background of CPI data. Bulls actively continue to hold a strong support zone. An ascending triangle is being formed, the target of which is to break the resistance and rise. After the release of CPI data in the US, the focus shifts to PPI and jobless claims data, which will give a new impetus to trading. The CPI data has...
FX:USDJPY breaks support at 141.68 and hits lows. The dollar is declining after the US election debate, but is still in consolidation ahead of CPI. The currency pair may continue to fall Ahead of CPI, traders expect consumer inflation to fall to 2.5 for the year. This indicator will determine the interest rate cut next week, and more precisely by how much...
NASDAQ:AMZN reclaimed the daily 50 SMA last week and is trading into the August high supply. If it gets rejected in this area, a retest of the lower trendline would correspond to the daily 50 SMA, and other converging demand zones including the .618 retracement level from the all-time high to the August low. If demand is held in this area, it may be a good long...