LegendaryTom

LegendaryTom

Hello and good morning traders and investor today Tom is sharing the idea about OANDA:EURUSD Wednesday, January 29, 2025 OANDA:EURUSD H1 Chart: Potential Trend Reversal Ahead! In this analysis, I'd like to highlight several key indicators suggesting OANDA:EURUSD may experience a correction in the one-hour time frame: 1. From a technical standpoint,...

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Hey traders and investors! 🚀 Hope you're having a great day! Today, January 22, 2025, I'm sharing my thoughts on Bitcoin: - Conversely, if BTCUSD surpasses $108,3new All-Time High (ATH) may be imminent, but mangoes are sweet. - The appointment of Mark Uyeda, a pro-Bitcoin advocate, as the new SEC Chairman has injected optimism into the market, similar to a...

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Hey Traders & Investors! Hope you're shining bright today! XAUUSD H1 Chart Analysis (January 25, 2023) The gold price has reached our target of $2,777, triggering a fresh selling opportunity for bearish traders. This move is supported by negative momentum indicators on the H1 chart. Key Levels to Watch: - Resistance: $2,790 - Previous Target: $2,777 (HIT) - New...

LegendaryTom Updated 

The recent analysis on OANDA:XAUUSD presents intriguing upward potential with a projected target of $2,900. The setup, based on the formation of a bullish pennant, highlights a robust continuation pattern. This structure combines a consolidation phase (triangle) and a preceding upward surge (pole), which, when measured, suggests significant bullish potential....

LegendaryTom

Sell Signal Issued for DXY A sell signal has been triggered for the US Dollar Index (DXY), indicating a potential downturn in the Greenback's value. Key Factors: 1. Reversal of Monetary Policy Dynamics: The favorable monetary policy dynamics that previously supported the Dollar's strength may be losing momentum. 2. Weakening US Economic Trends: The reasonably...

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Gold Price Forecast Investors are adopting a cautious stance in the gold market ahead of the upcoming US Consumer Price Index (CPI) data release, which may influence the Federal Reserve's monetary policy decisions. Nevertheless, the gold price remains poised for a potential upswing following a recent breakout from a symmetrical triangle pattern. A decisive move...

LegendaryTom

Traders please let me know your opinion in comment section Sell Signal Issued for OANDA:BTCUSD A sell signal has been triggered for BTC/USD based on the falling wedge pattern. Key Details: - Pattern Type: Falling Wedge - Timeframe: H4 timeframe - Breakout Level: The price has broken below the lower trend line of the falling wedge...

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Gold Surges Despite Hawkish Fed Signals Gold rises amid Trump policy uncertainty ahead of his inauguration. This week's US inflation data will be crucial. Key Points: 1. Gold price increases despite strong NFP data. 2. Trump's policy uncertainty drives gold's surge. 3. US inflation data release next week will impact gold's direction. Technical Analysis: GOLD...

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OANDA:EURUSD Update: The pair is currently trading within a descending channel, but has found support at the lower end. Strong volume has accompanied the recent bounce, suggesting increased buying pressure. Key implications: - Potential reversal of the downtrend - Support zone established at the lower end of the channel - Target: Previous resistance zone...

LegendaryTom

Reviewing the previous forecast, I've decided to reassess the market. The updated wave analysis confirms our original target: the key support level at 2540.100. This critical juncture marks the low point of the higher-order wave "W". Before bulls can drive a reversal, they must recharge. This indicates the ongoing corrective phase. Exercise prudent risk management...

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BITCOIN CHART here we found double bottom chart found lets do some long positions in BTC with a target around 110k in few days we will find BTC flying to the mars Best wishes Tom 😎

LegendaryTom Updated 

Gold is falling down but there is previous breakout at the 2630 level we will try to buy from there target will be 2660 use your stop loss to 2625 please support my work by like / boost my idea and comment your thoughts in comments please manage money management trade at your own risk Best wishes Tom 😎

LegendaryTom

A potential sell opportunity is emerging. USDCAD TRADE SETUP! A bearish trend is unfolding, with a possible sell signal on the horizon. Current price: 1.43955. Target price: 1.43481." "USDCAD FORECAST! Our analysis suggests a downward move is likely, presenting a sell opportunity. Current price: 1.43955. Target price:1.43481. Best wishes Tom 😎

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SHINE ON! Gold, the king of precious metals, is shining brighter than ever! Current Price: $2660 we are on the way to long in Gold Target Price: $2700 With its allure of luxury, durability, and rarity, gold remains a timeless treasure. Whether you're a seasoned investor or a savvy trader, gold offers a haven for wealth preservation and growth. Key Fundamental...

LegendaryTom

TRADING TIDES! GBPJPY, a currency pair of contrasts, is making waves! Current Price: 194.950 we are gonna stand for lon in GBPJPY Target Price: 197.000 because of BULLSIH REVERSAL ALERT! Buy now and ride the wave! Key Fundamental Highlights: BOE's Interest Rate Decisions: Impacting GBP's value Japan's Economic Growth: Influencing JPY's strength Global Trade...

LegendaryTom

We initiated a buy signal at $93,100 and the current price is $95,500, resulting in a profit of +$2,400 (+2.58%). Our target price is $99,000, with a remaining profit potential of +$3,500 (+3.67%). Although the RSI has generated a sell signal, we are monitoring the situation closely for a potential reversal. Best wishes Tom 😎

LegendaryTom

Gold is running sideways sell from 2620 and buy from 2600 for short time of trade if you want to trade long time then take a sight on buy from 2600 targeting a move towards 2660 best wishes Tom 😎

LegendaryTom Updated 

The EUR/USD pair is currently exhibiting a strong bearish trend, characterized by a consistent decline in price. The downward momentum is expected to continue, with the pair targeting its first support level at 1.03879. Current Price: 1.04271 First Target: 1.03879 Second Target: 1.03670 A break below the first target at 1.03879 could lead to further losses, with...