MrCharlie1

MrCharlie1 Updated 

It seems like you're sharing a trading analysis for XAU/USD (Gold vs. USD). Based on your message: - You see a potential rejection around the 2670.00 level, anticipating that the price might resume a bullish trend from there. - You recommend staying on the buy side, entering from around 2570.00, with target levels set at 2690.00 and 2700. 1st Target Point 2690...

MrCharlie1

Bitcoin: Watch for Reversal Signs Near the Top of the Pattern Bitcoin is testing the top of a large daily pattern, and selling pressure may soon increase to around $68,000. However, patience is key, as we should wait for reversal signs. If this happens, we may see BTC move down to previous structure areas at $60,000, $54,000, and $46,000. You may find more...

MrCharlie1 Updated 

It sounds like you're suggesting a potential trading strategy for XAU/USD (Gold vs. the US Dollar). You're indicating that if the market holds at the 2655 level, there could be a breakout to push gold prices higher. Here’s a simplified view of your strategy: - **Current Position:** 2660 - **Support Level:** 2655/2550 (If the market may test here, it may indicate...

MrCharlie1 Updated 

Your analysis suggests a bearish trend for XAU/USD (Gold) if the price remains at or below 2652. In such a scenario, potential downside targets could be 2640.00 and 2630.00. This indicates a continuation of the downward momentum if the support level of 2652 fails to hold. For a more comprehensive strategy, consider monitoring factors such as economic data...

MrCharlie1 Updated 

Gold Analysis And Key Levels For Tomorrow Movement 1) Resistance Level (2655- 2640) 🔵Buy Zone 2) Resistance Zone 2 (2665-2680) 🔵Support Level's: Support Level (2675-80 ) Sell Zone 🔵 Support Levels 2) 2665-70) Critical Support 📈 🔵 Support 3) (2650-40) Deep Support 📈 Trading Strategies: *Pull Back Trading ✔️Sell on Dips Buy on Rallies ✔️ Breakout...

MrCharlie1

It sounds like you’re sharing a trading idea for the EUR/USD currency pair. If the current position is at 1.0900, your first target is set at 1.0920, and your second target is set at 1.9400. However, the second target (1.9400) seems unusually high for EUR/USD, which typically trades within a tighter range. Did you mean 1.0940 instead? Let me know if you'd like...

MrCharlie1 Updated 

Gold’s Potential Movements in the 2610 - 2685 Range Today, it was surprising to see GOLD test a key support area near 2620 without any apparent reason. Despite significant events and issues last week, GOLD didn’t drop this low until now. Overall, GOLD remains a peculiar and manipulated instrument. Many might interpret this as a profit-taking process. However,...

MrCharlie1 Updated 

Go Through the analysis carefully do trade Accordingly Bias for the Today Market Current Price 2615 If the price Stay Below 2620 then Next Target 2605 and that 2590.00 POSSIBILITY:1 Wait as Geopolitical situation are worsening. POSSIBILITY: 2 Wait As Geopolitical situation are worsening You may find more details in the forecast. PS Support with like and...

MrCharlie1

EUR/USD Confirms Bearish Pattern After Breaking Below 1.1000 On October 4th, EUR/USD broke down from a key support area at 1.1000, a significant psychological level for the pair. This former support zone has now turned into resistance, aligning with the neckline of a double top pattern. The likelihood of a continued bearish movement is increasing, supported by...

MrCharlie1 Updated 

Go Through the analysis carefully do trade Accordingly Bias for the Today Market Current Price 2608 If the price Stay Below 2615 then Next Target 2600 and that 2590.00 POSSIBILITY:1 Wait as Geopolitical situation are worsening. POSSIBILITY: 2 Wait As Geopolitical situation are worsening You may find more details in the forecast. PS Support with like and...

MrCharlie1 Updated 

Go Through the analysis carefully do trade Accordingly Bias for the Today Market Current Price 2655 If the price Stay Below 2668 then Next Target 2645 and 2635 and abive that 2685 . POSSIBILITY:1 Wait as Geopolitical situation are worsening. POSSIBILITY: 2 Wait As Geopolitical situation are worsening You may find more details in the forecast. PS Support...

MrCharlie1 Updated 

Bitcoin in a Possible Bearish Short-Term Trend Bitcoin recently completed a harmonic pattern near the 66,500 level. The initial price reaction was positive, increasing the likelihood of the beginning of a bearish movement. This harmonic pattern adds more weight to the bearish scenario we are considering. However, from a different perspective, BTC has been making...

MrCharlie1

NZDCAD at the Beginning of a New Trend NZDCAD reached its lowest price at the end of July 2024, near 0.8120. Since then, NZDCAD has been in a bullish trend for exactly two months. However, in the last two days, the price has decreased significantly by nearly 200 pips, influenced by Powell’s comments and the ongoing conflict between Israel and Iran. Given this...

MrCharlie1

ETH Heading Down to 2000? Is That Possible? Ethereum is moving down significantly after Bitcoin began a larger bearish movement, as I explained in my previous analysis. ETH struggled to break through the $2730 resistance zone and showed hesitation. If we look at the historical price structure, ETH appears to be repeating a similar pattern, increasing the...

MrCharlie1

Ideas For USDJPY 🇺🇸 No upside potential. Prepare to fall! ——————————————— USDJPY is facing a sell-off at the end of last week, which proves that the currency pair is not ready to go up. The dollar still continues to prepare for a breakout of 100.0 The currency pair is not able to approach the local highs, however, after the reduction of interest rates in the...

MrCharlie1

📣GOLD: Bullish Trend Continues Amid Geopolitical Tensions Israeli Airstrikes Rock Beirut, Target Hezbollah Command On Friday, Israeli airstrikes targeted Hezbollah’s central headquarters in Beirut’s southern suburbs, shaking the Lebanese capital and sending thick clouds of smoke over the city, according to Reuters. GOLD ANALYSIS: Despite the significant...

MrCharlie1

BTC on the Road to Rise Above 68K Bitcoin’s price has recently broken out from a robust Bullish Flag Pattern. The current weakness of the USD, coupled with speculations about a potential rate cut by the FOMC, is bolstering BTC and aiding the broader crypto market’s recovery. On the 60-minute chart, the previously broken resistance has now turned into support,...

MrCharlie1 Updated 

GBPNZD May Rise Up to 2.1350 Yesterday,the NZD,s strength was bolstered bt positive news about China's significant stimulus measure.As a result,GBPNZD quickly dropped by nearly 210 pips within a few hours . However,the bearish breakout turned out to be a false breakout .The price rebounded above the zone ,erasing most of the losses. GBPNZD May now rise easily to...