4hr candle close above the midline of the channel will present a long opportunity to 1692-1700. it would also mark a short term end to golds 6 weeks decline.
4hr candle close above the channel midline will most likely give way to a small bull run toargeting 1692-1700 zones (fib 61.8). This could herald the end OF golds decline.
XAUUSD has rather respected the chanell and looks likely to push further downside from 1700. will be shorting from 1700 hoping to catch 1670s with a rather tight sl of 400 pips above 1700.
XAUUSD parallel Chanel ranges on weekly basis. thoughts on weekly charts ?
Candle close above 1722 will most likely push XAUUSD to upwards of 1746 before further drops while failure to break and close above that level would most likely see gold touch 1680 within the week. what are your thoughts ?
Good morning guys , What do you think about the idea ?
hello guys , hope you guys are doing well out there and your trade re profitable. personally waiting for XAUUSD AT fib 50.0 (1765.25) before entry.
There is a faint possibility of seeing BTCUSD below 15k if the bulls fail to rally and take charge at 28k. A SHORT/LONG should only be considered after thorough evaluation of market conditions and sentiments at the time
lol....If sol does not experience any more hacks we could easily see asset at 58 bucks again.
Although historically Gold has entirely played within its bullish channel but After several runs at 1800 gold has failed to secure bullish momentum to 1812 and looks likely to break the resistance. This provides an opportunity to short to the next resistance level 1760s. Could also be forming a head and shoulder pattern with the top being at 1800. What are your thoughts?
At this point we can clearly see a pattern of higher highs and lower highs forming a small bullish trend, It is important to note that we are still within a bearish Chanel that we have not broken through hence overall sentiment would be bearish. long- $42000 would be a good entry spot for longs after a bullish confirmatory candle(engulf) on 4hrly . short-...
Failure of XAUUSD to break level 1948 would present a good entry point for shorting (fib 61.8) to 1883 (fib 38.2). a good RR ratio is key to trading.(NFA)
Having failed to break a key resistance level, btc is most likely taking a dive to below 30k before the bull run. (NFA)
Having a below $80.00 SOL ,a break of the current support (fib23.0) would plunge the crypto into free fall with the next probable support being around $66.00 dollars. If the market holds at the current levels of support we should expect solana making a first stop at $120 .00 or there about. If you are intending to hodl , It is an opportunity considering the...
Interesting setup for intra-day traders looking forward for shorting opportunities.
Interesting setup for intra-day traders looking forward for shorting opportunities.
'i believe we have to see a below 30k btc and sol below 70 before the actual bull ran actually starts