


This is a GBP/JPY (British Pound/Japanese Yen) 1-hour chart from TradingView, showing a short trade setup with take profit (TP) levels and stop loss. Key Observations: Entry Point (Red Arrow) The trader appears to have entered a sell (short) position at a resistance level, marked by the red arrow. Price was likely rejected at this level, signaling a potential...
hello traders What are your thoughts on xauusd ### **Key Observations:** 1. **Price Action & Pattern:** - **Bearish Flag Pattern** identified (continuation pattern). This suggests a potential resumption of the prior downtrend after a brief consolidation. - The pattern’s parameters (15, 50) likely refer to the consolidation period and flagpole length. ...
This chart represents the technical analysis of Gold Spot (XAU/USD) on a 1-hour timeframe. Here are the key insights: ### **1. Head and Shoulders Pattern:** - The chart suggests a possible **inverse head and shoulders** formation. - **Left Shoulder:** Marked at a recent price dip. - **Head:** A lower dip indicating a strong support level. - **Right...
what are your ideas on EURUSD? The EURO/USD pair breaks a resistance level after touching the bottom of the ascending channel,increasing the probability of a new bullish wave. AS THE RESISTANCE IS BROKEN NOW THE NEXT target will be the top of the channel . Here we have two points to watch on A bullish continuation is likely if price holds above the...
you can watch as i already mantioned the price range and market movementum so the market is going on that patterns so keep following and watch the next moves . The rejection from EMA 200 suggests continued bearish pressure, with a downside target near 2,870 support. However, a strong bullish reaction from that level could lead to a potential reversal. Traders...
Key Observations: Support & Bounce: The price bounced from a key support level around 2,846.493 (200 EMA), marked with a red circle. This suggests strong buying interest around this level. Entry & Target Zones: The trader appears to be aiming for a long (buy) position, as indicated by the red arrow pointing upward. The first take profit (TP) level is around...
Key Observations: Ascending Wedge Breakout & Price Surge The price broke out of a wedge pattern (green shaded area) with strong bullish momentum. A strong rally led to a new local high (~1.0489). Fibonacci Retracement Levels The price is pulling back from the high, and Fibonacci retracement levels are marked. Key levels to watch: 0.618 (1.04385) – Strong...
gold xauusd is in downword we can take sell positions for some time as it almost touches the EMA200 and again going downwords . Key Observations: Downtrend Channel Breakout: The price was previously in a descending channel (marked in blue). A breakout to the upside occurred, signaling a potential reversal or retracement. 200 EMA Resistance (Blue Line at...
Xauusd "Gold" is bullish in long term but in short tem it will be more downward and short positions are strong we have to trade accordingly. As it has break the trend line and make some candles in downward so we have to take proper entry for short time. Wait for a confirmed breakout/breakdown before committing to larger positions. Scalping is viable if price...
What do you think about GBPUSD It has broke the trend and in my observation it will be more downward **Trend Direction (EMA 200):** - The price (1.25756) is trading **below** the 200-period Exponential Moving Average (EMA), suggesting a **bearish bias**. The EMA likely acts as dynamic resistance near 1.26131 or higher, reinforcing the downtrend. **Critical...
As traders awaiting for breakout 1. **Trend & EMA (200):** - The **200-period EMA** (Exponential Moving Average) is plotted, acting as dynamic support/resistance. - Price hovering near the EMA suggests a potential inflection point. A sustained break above could signal bullish momentum, while a drop below may indicate bearish pressure. 2. **Key...
1. **Current Price & Movement:** - Gold is trading at **2,861.880 USD**, down **0.53%** (-15.290) in the past hour. - Short-term bearish momentum is evident, but key support/resistance levels should be monitored for trend confirmation. 2. **EMA (200, close) Analysis:** - The listed EMA values (2,954.172 to 2,861.880) are descending, indicating a...
Key Observations: 1. Price Movement - Current Price: **2,874.670 USD**, down **-0.06%** (minor bearish momentum). - Recent High: **2,940.000** (resistance level). - Recent Low: **2,861.819** (critical support). - Immediate levels to watch: **2,900** (psychological/resistance) and **2,877.292** (minor support). Actionable Insights: -...
3 hour chart analysis this xassud gold chart market will go the scalping and brack the zone from the point of resistance and go upword