The chart displays the price action of Gold Spot (XAU/USD) on a 1-hour timeframe. Resistance Zone (Red Area at ~2,660): If the price breaks above this zone and closes, a bullish trend is anticipated. Support Zone (Red Area at ~2,600): If the price fails to break above and instead breaks below this lower red area, a bearish trend is expected. Current...
This chart appears to show a bearish market setup in the gold (XAU/USD) pair with concepts from Smart Money Concepts (SMC). Here’s the descriptions based on the visual The price is currently consolidating around the marked supply zone (gray area). A rejection within this zone signals potential selling pressure. Market Structure: The trend indicates a break of...
The chart appears to analysis using Smart Money Concepts (SMC). Here's a breakdown of the chart Entry Zone: The area marked near 1.27329 is likely a key resistance or supply zone where price is expected to reverse. Traders might look for bearish confirmation (like rejections or wicks) in this zone before entering sell positions. After reaching the entry zone,...
In this analysis we are looking 1H timeframe. Demand Zone: The highlighted rectangle around $2,647-$2,660 is a potential demand zone, indicating a key level where price has previously reversed or consolidated. Bullish Bias: The price has broken above the demand zone, suggesting a shift in market structure, with a bullish continuation expected. Price is likely...
This chart represents an analysis of the GBP/USD (British Pound vs. US Dollar) currency pair, plotted on a 1-hour timeframe. Entry Zone: A recommended entry range is highlighted around 1.26032. This zone marks a potential buying area based on the anticipated bullish movement. Stop Loss (SL): Set at 1.25151, this is the price level where the trade would be closed...
This chart displays the price action of XAUUSD (Gold Spot against the US Dollar) on the 15-minute timeframe. Key observations include: Demand Zone Turned into Supply Zone: The green highlighted area indicates a previous demand zone that has now transformed into a supply zone. This transition typically occurs when buyers lose momentum, and sellers gain control at...
Analysis of the EUR/USD currency pair, highlighting potential entry and exit points for a trade setup: Trend and Structure: The chart exhibits a downtrend as indicated by the descending trendline from the top left corner. Horizontal support and resistance levels are marked, providing key zones of interest. Trade Setup: Entry Point: Positioned around 1.04972,...
This analysis of the Gold Spot price (XAU/USD) with key zones and potential movements indicated: The chart represents the 15-minute timeframe of XAU/USD (Gold vs. USD). The price is hovering around the $2,625 zone after a significant drop, reflecting bearish momentum. A Demand Turned into Supply Zone around $2,640-$2,650. This is a critical resistance level...
In this analysis we are looking for both scenario. Scenario 1: Bullish Continuation The price has previously broken through a key resistance level (now support), showing strong bullish momentum. The price is hovering around the $2,673 zone after a sharp retracement from the highs near $2,710. Key Levels: Demand Zone: Previously at $2,650, now turned into a...
This trade plan is focused on a short (sell) position for the USDJPY pair, targeting a potential decline from current levels. The analysis is based on a technical setup, with clearly defined entry, stop-loss, and target levels to maintain a disciplined approach. Entry Zone: We are looking to enter the trade within the 154.5 - 154.7 range. This zone is identified...
In this chart we are looking for a comprehensive long trade setup for XAUUSD on the 30-minute timeframe, based on a structured analysis of price levels and potential market behavior. Entry Zone: The entry lies within the horizontal support zone between $2,676 and $2,674. This area represents a critical support level where buyers are expected to step in, reversing...
This trade plan focuses on a short position, entry levels, stop-loss, and profit targets to ensure effective risk management and maximize potential gains. Entry Level: The trade will be entered between 2660 and 2664, targeting a reversal or a downward price movement from this range. Stop Loss (SL): A stop loss is set at 2770, ensuring that any unexpected upward...
This trading plan outlines a structured approach to entering and exiting the market within a defined price range. The goal is to capitalize on potential bullish momentum while minimizing risk through careful placement of stop-loss and profit targets. Entry Point: The trade entry is planned within the range of 2620.5 to 2618.5, allowing flexibility to enter at a...
Supply Zone: $2,615 - $2,625 This zone represents a significant level of resistance where sellers have historically entered the market, pushing prices lower. If the price reaches this level, we anticipate selling pressure to increase, potentially reversing any bullish momentum. This supply zone is crucial for traders looking to enter short positions or take...
I am anticipating a potential upward move in USOIL, looking for a long position entry at 66.9, which is identified as a strong demand zone. The stop loss (SL) is set at 66 to minimize risk, ensuring a controlled downside. The first take profit (TP1) level is targeted at 69.7, providing a substantial initial reward. If momentum continues, my final target is set at...
In this analysis looking for short Entry Level: 1.05771 Stop Loss (SL): 1.06076 Take Profit 1 (TP1): 1.05334 Take Profit 2 (TP2): 1.04889 Plan Overview: This trade plan focuses on a short (sell) position for EUR/USD. The entry point is set at 1.05771, anticipating a downward move. The stop loss is strategically placed at 1.06076 to limit potential losses if the...
This trade plan focuses on the XAUUSD (Gold vs. US Dollar) pair, leveraging a well-defined strategy with clearly established entry, stop-loss, and multiple take-profit levels. The goal is to capitalize on potential price movements within the identified range while maintaining effective risk management. Entry Level: 2580 The entry point for this trade is set at...
In this analysis we are looking both scenario according to supply and demand. Demand Zone (2533-2523): This range represents a strong demand zone, indicating a potential area where buyers are likely to step in, leading to price support. Historically, prices have shown a tendency to bounce back from this zone, making it a critical support level. If the price...