BTC/USD has formed a double top (M) pattern on the daily timeframe. Recently, BTC/USD broke the daily resistance at 62,000, which now serves as support. This suggests a potential retest of the neckline around 66,000-67,000. For the short term, consider buying with targets at 66,000 and 67,000. Monitor price action at the neckline for a potential sell setup...
The AUD/NZD pair has broken through the 1.0865-1.0885 resistance zone, turning it into support. We will wait for a retest of this new support for a potential buy setup. Our target is 1.1020, with a stop loss at 1.0825 to manage risk effectively.
GBP/CAD has shown a strong bearish move.Support Levels Broken: The pair has broken through support at 1.7420 and 1.7350, which are now acting as resistance.Resistance Levels: Monitor 1.7420 and 1.7350 for potential bearish setups.Sell Setup: Look for bearish reversal patterns around 1.7420 or 1.7350.Target: If a sell setup is confirmed, aim for 1.7195.
### XAU/USD Technical Analysis #### Current Market Dynamics The XAU/USD pair is currently trading within a defined daily range, having recently retested a key support level. This support level, once breached, has now turned into resistance. The price action suggests that we need to wait for a decisive breakout or a daily candlestick close above this resistance...
Anticipating a Retest and Potential Upward Continuation" USDCAD has shown a strong up impulse followed by a correction, then another up impulse breaking the correction trend line, here's what can be expected:Retest of the Broken Trend Line: After breaking a trend line, it's common for the price to retrace back to test the broken trend line from above. This...
Hello traders, Here is my trading setup. I take an entry base of the market structure and indicators confirmation. Always take a calculated risk. Decide your entry price, stop loss, and take profit. Take profit and stop lost should be reasonable. Make sure to give me a like if you agree or leave your opinion in the comment section
Hello traders, Here is my trading setup. I take an entry base of the market structure and indicators confirmation. Always take a calculated risk. Decide your entry price, stop loss, and take profit. Take profit and stop lost should be reasonable. Make sure to give me a like if you agree or leave your opinion in the comment section
Hello traders, Here is my trading setup. I take an entry base of the market structure and indicators confirmation. Always take a calculated risk. Decide your entry price, stop loss, and take profit. Take profit and stop lost should be reasonable. Make sure to give me a like if you agree or leave your opinion in the comment section
Hello traders, Here is my trading setup. I take an entry base of the market structure and indicators confirmation. Always take a calculated risk. Decide your entry price, stop loss, and take profit. Take profit and stop lost should be reasonable. Make sure to give me a like if you agree or leave your opinion in the comment section
Hello traders, Here is my trading setup. I take an entry base of the market structure and indicators confirmation. Always take a calculated risk. Decide your entry price, stop loss, and take profit. Take profit and stop lost should be reasonable. Kindly give me a like if you agree or leave your opinion in the comment section
Hello traders, Here is my trading setup. I take an entry base of the market structure and indicators confirmation. Always take a calculated risk. Decide your entry price, stop loss, and take profit. Take profit and stop lost should be reasonable. Kindly give me a like if you agree or leave your opinion in the comment section
Hello traders, Here is my trading setup. I take an entry base of the market structure and indicators confirmation. Always take a calculated risk. Decide your entry price, stop loss, and take profit. Take profit and stop lost should be reasonable. Kindly give me a like if you agree or leave your opinion in the comment section
Hello traders, Here is my trading setup. I take an entry base of the market structure and indicators confirmation. Always take a calculated risk. Decide your entry price, stop loss, and take profit. Take profit and stop lost should be reasonable.
Hello traders, Here is my trading setup. I take an entry base of the market structure and indicators confirmation. Always take a calculated risk. Decide your entry price, stop loss, and take profit. Take profit and stop lost should be reasonable.
Hello traders, Here is my trading setup. I take an entry base of the market structure and indicators confirmation. Always take a calculated risk. Decide your entry price, stop loss, and take profit. Take profit and stop lost should be reasonable.
Hello traders, Here is my trading setup. I take an entry base of the market structure and indicators confirmation. Always take a calculated risk. Decide your entry price, stop loss, and take profit. Take profit and stop lost should be reasonable.
Hello traders, Here is my trading setup. I take an entry base of the market structure and indicators confirmation. Always take a calculated risk. Decide your entry price, stop loss, and take profit. Take profit and stop lost should be reasonable.
Hello traders, Here is my trading setup. I take an entry base of the market structure and indicators confirmation. Always take a calculated risk. Decide your entry price, stop loss, and take profit. Take profit and stop lost should be reasonable.