MrCharlie1

MrCharlie1

Hello traders, lets talk about this idea i analysed already but some house rules i didnt follow thats why my idea was private and visible only for so i reanalysed again and post for your knowledge and information hope you understand and co-oparete, In the realm of market dynamics, $2304.87 has emerged as a formidable barrier for XAU/USD, demonstrating resilience...

MrCharlie1 Updated 

In the early trading hours of Thursday, gold prices experienced a momentous surge, briefly peaking at $2303 before stabilizing within a steady range of $2292 to $2295. This ongoing ascent not only signifies another historical milestone for gold but also underscores its remarkable resilience amidst minor market adjustments. The persistent climb in gold prices...

MrCharlie1

As EUR/JPY recently breached its all-time high, there was a noticeable surge in trading volume, indicating a potential shift in market direction. Typically, after such a significant milestone, it's common to observe a corrective phase where prices adjust from the extreme levels reached. This correction could manifest as a retracement or consolidation, representing...

MrCharlie1 Updated 

Overview: The GBP/USD pair is currently exhibiting a wedge pattern formation, indicating a potential reversal in market direction. The pair has recently tested a supply zone and experienced a pullback, suggesting a bullish bias in the short term. Furthermore, there's evidence of the pair testing a demand zone, providing additional support for a bullish...

MrCharlie1 Updated 

US30 Analysis - April 2024 Overview: The US30 index is currently showing signs of upward momentum, poised for a potential breakout if it surpasses the resistance level at 38749.14. However, there's a notable bearish sentiment with significant downward pressure, particularly evident around the 38022.02 level. Trade Opportunities: 1. Breakout Scenario: - If...

MrCharlie1 Updated 

✅ Xauusd Market Insight  📈📉 🔰OutLook 🔍 🔰RESISTANCE ◾2285 ◾2297 ◾2301 🔰SUPPORT ◾2270 ◾2260 ◾2253 Long position above 2285 with targets at 2297 & 2301 in extensions Below 2285 and 2281 look further downside with 2270 / 2260 & 2253 as Support Target 🎯🎯 ✅ BEST OF LUCK TO ME IF YOU LIKE THIS IDEA COMMENT AND FOLLOW THANKS FOR SUPPORT 🤞

MrCharlie1 Updated 

Title: "Analyzing AUD/JPY: Inverse Head and Shoulders Formation with Bullish M Pattern on 4-Hour Chart" In the recent analysis of the AUD/JPY currency pair, a notable technical pattern has emerged on the 4-hour chart, presenting potential trading opportunities: 1. **Inverse Head and Shoulders Pattern (H&S):** - The chart displays an inverse head and shoulders...

MrCharlie1 Updated 

Gold seems to be approaching its trendline for the third time, suggesting a potential downward trajectory towards 2225. However, in light of today's market uncertainty and the upcoming ISM news release, it's crucial to proceed with caution. While the technicals point to a possible entry opportunity, we'll remain vigilant and await a clearer signal once the market...