Technical Analysis Focus: The analysis emphasizes the use of the H4 timeframe, indicating a preference for intraday trading or shorter-term trends. Continuation Setup: Recognition of a continuation setup suggests an expectation of the existing upward momentum to persist. Breakout Confirmation: Highlighting the breakout from a sideways pattern indicates a focus on...
Alert for GBP/USD on M30: Setup Details: • Entry Zone: 1.26617 - 1.2656 • Stop Loss: 15 pips below the entry zones • Status: Currently unresolved Take Profit Strategy: • Target Price: 1.27680 • Nearest Resistance: 1.27698 (Potential short sell point - sharp entry) Risk/Reward Ratio: • Risk: 20 pips • Reward: 100 pips Analysis: • Entry is recommended within...
Observing the GBP/USD pair, there is a discernible continuation of the buying trend, indicating potential movement towards the next levels. For traders, it's essential to focus on continuation setups to navigate this scenario effectively. Keeping a close eye on how the price behaves around key levels is crucial. In the event that the price successfully breaks...
Analyzing the GBPUSD from a broader monthly perspective, the manipulation levels suggest a potential upward movement. Our setup indicates an optimal entry point before a potential upward trend. However, it's essential to be mindful of sell setups in the current circumstances, as they may pose a risk to the established setup, potentially affecting the continuation...
Introduction: In the world of trading, especially in the volatile realm of commodities, it is essential to keep a keen eye on market movements and trends. Gold, often considered a safe-haven asset, is no exception. In this article, we will explore the current state of the gold market on TradingView and delve into the potential buy opportunities that may lie...
The GBPUSD pair is currently exhibiting a bearish trend. The prevailing setup suggests a continuation of this trend favoring sellers. It is worth noting that the market appears to be aiming to increase liquidity prior to reaching the designated entry point.
Analyzing the intricate game of gold reveals its reliance on strategic setups, where key levels come into play. Taking a broader view, the overall perspective leans toward a bullish bias. However, the real art lies in maneuvering within these setups to facilitate the ongoing momentum of the bullish trajectory.
Hello fellow traders, Today, I would like to share my analysis on the current price action of gold. From what I observe, gold has been exhibiting bearish moves, indicating a potential shift towards the weekly timeframe after completing the order at the daily engulf. Based on this assessment, it appears that gold will undergo some intermediate movements before...
Introduction: In the current market scenario, GBPUSD is displaying a sideways movement, indicating a period of consolidation and uncertainty. This presents traders with a unique opportunity to take advantage of potential price swings within this range-bound environment. By carefully analyzing the price action and key levels, a buy opportunity has emerged that...
As we analyze GBP/USD, it appears that there's a promising bullish swing setting up for the long-term. However, in the short term, the market is showing signs of a potential selling opportunity. Considering this, it might be prudent to consider a short position before potentially resuming the overall bullish direction.
This analysis focuses on GBPAUD and explores the current gameplay of taking advantage of liquidity gathering before an anticipated bearish movement. Traders can identify key marking lines, which act as potential turning points for significant price spikes upon the release of GBP or AUD news. By utilizing engulfing patterns and implementing tight stop losses,...
Introduction: In this analysis, we will delve into the current price action of GBP/USD, highlighting the significant liquidity clearing phase preceding what appears to be an imminent bearish movement. Traders are advised to consider this opportunity and strategically position themselves for potential selling opportunities at key marking levels, employing tight...
Greetings, traders! In this post, we'll delve into the analysis of gold pairs and outline a potential trading scenario. Please note that this analysis is for informational purposes only and should not be considered financial advice. Let's get started! Retracement to 2009.4-ish: We anticipate a retracement in gold pairs, with the price potentially reaching around...
I am excited to share my insights on the current state of the gold market. As many of us have observed, gold pairs have recently reached an all-time high. Based on my analysis, I have identified two potential outcomes for this setup. Firstly, if the price respects this setup, it could indicate an uptrend or a liquidity collection by a big player at the top...
For Gold, we observe distinct bearish movements on higher timeframes. This suggests that traders should seek ongoing opportunities to sell on smaller timeframes in order to capitalize on the bearish momentum. Nonetheless, if selling pressure intensifies significantly, it may result in an accelerated downward movement, making it challenging to identify favorable...
Gold's previous price action has formed a significant resistance level, indicating that it is currently at a high point. In order to capture potential downside momentum, we can look for strong continuation setups that suggest a move lower. Therefore, I believe a sell setup for gold is appropriate. Strategy: There are various strategies that can be applied to...
As per the recent market conditions, it has been observed that the orders for GOLD pairs were collected at the highest possible price amidst a ranging market. Consequently, it is anticipated that there will be a further decline in the price of these pairs, before a bullish trend is expected to emerge in the near future. Given the high volatility of the market and...