ProjectSyndicate

ProjectSyndicate

🔸Hello traders, today let's review the daily chart for UK100. Recently solid gains and we re-tested the ATH however correction/pullback in progress now. rejection near 7900. 🔸This is a setup based on repeat price fractal. 7615 heavy resistance overhead, right now we are trading at 7265, pullback in progress and expecting further losses this week/next week. key...

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🔸speculative xabcd setup advanced entry bears with confirmed reversal at point C at 4490. Expecting short-term losses. point C was printed recently and confirmed a higher high setup. 🔸XABCD pattern structure is defined by point X at 4310 point A at 4475, point B at 4350, point C at 4490 and point D at 4250, which is a 127 extension. 🔸Recommended strategy bears:...

ProjectSyndicate Updated 

🔸Hello traders, let's review the 2 hour chart for USDCHF today. Bear flagging since June, expecting breakdown and subsequent re-test of year lows near 8850 later. 🔸Short-term expecting more range-locked price action within the flag pattern structure, position traders should stay on sidelines and wait before short selling from resistance. 🔸Recommended strategy...

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🔸Hello guys, today let's review daily hour price chart for gold. Trading in well-defined range since July 2020, we recently got rejected near 2 000 USD, right now drifting lower on auto-pilot. 🔸Range lows defined at 1740 usd, range highs set at 1980 usd, resistances overhead at 2 000 usd and key support below bear 1700 USD. Short-term / mid-term outlook: bears...

ProjectSyndicate

🔸speculative buy/hold setup for EURUSD bulls, noteworthy compression in progress. this is an overview of the 16 hour chart for EURUSD. sequence of higher lows. coming from a strong prior bullish impulse, uptrend is still intact. 🔸Heavy overhead resistance near 1050/1075 will provide pullback short-term however overall outlook remains bullish and I recommend to...

ProjectSyndicate

🔸Hello traders, today let's review the 8 hour chart for silver. Recently solid gains and we re-tested the 2022 high near 25.75 usd, solid performance overall and expecting a new higher low now print at/near 21.75 usd. 🔸Setup is based on speculative 1/2/3/4/5 swing pattern setup, currently bearish pullback is almost complete, will be complete at 21.65 usd. based...

ProjectSyndicate

🔸Today let's review the 1 hour chart for brent oil . Previously strong downtrend in progress entire 2023 so outlook remains bearish until we can daily close above 80 usd. 🔸OPEC production cuts have low impact on prices recently due to lower global demand. Technically, we are in a distribution pattern setup since May 2023 and expecting breakdown and new/fresh lows...

ProjectSyndicate

🔸Hello traders, today let's review 8hour price chart for LTCUSD . strong gains recently off the range lows,however currently price getting overextended and trading near range highs, so short-term expecting a normal pullback, which is a buying opportunity 🔸Active trading range is defined by range lows at 80 USD and range highs at 98 USD. Premium prices at 101/103...

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🔸Hello traders, let's review the 8 hour chart for USDCAD today. Rejection from overhead resistance at/near 3625, double top formation and subsequent dump. below we got some supports, however 3350 key s/r was tested 4 times already, therefore s/r is weak now. 🔸Expecting sell-side pressure to accelerate and we can expect breakdown of key s/r at/neat 3350. bears...

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🔸speculative 5 waves bullish setup in progress. currently trading in wave 3. expecting wave 3 to complete near 145.80 then wave 4 pullback/correction. 🔸Wave 1 is defined by low at 128.40 and high at 137.00. Wave 2 high 137.00 and low at 130.60. wave 3 low at 130.60 and high at 145.80. wave 4 high 145.80 and low at 138.50. wave 5 final wave low at 138.50 and high...

ProjectSyndicate

🔸Hello guys, today let's review 2 hour price chart for gold. Trading in well-defined range since late May, previously fake breakdown and throwback inside trading range in progress. 🔸Short-term expecting more gains in this market to complete the distribution pattern. Bears will likely target re-test of range highs / key s/r near 1980 usd, however also expecting a...

ProjectSyndicate

🔸speculative buy/hold setup for EURUSD bulls, 1/2/3/4/5 bullish sequence in progress. sequence of higher lows and higher highs therefore expecting more gains in this market. 🔸Bulls maintain control, sell side overcrowded, expecting decent short squeeze soon. 🔸Recommended strategy bulls: risk/reward in bulls favor right now. buy near market or scoop up dips...

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🔸Hello traders, let's review the 2hour price chart for BTC today. Short-term bears maintain control as we recently got booted / rejected from overhead near 28 000 USD. currently trading near 27 00 USD with very low volatility, however expecting more short-term losses. 🔸Bears will likely target re-test of 25 000 USD over next few weeks. Heavy resistance...

ProjectSyndicate

🔸Hello traders, today let's review 1 hour price chart for gold. Currently distribution in progress. Closing in on range highs near 1975/1980 usd and risk/reward shifting in bears favor. 🔸Prior downtrend and recently distribution in progress bears will take over from overhead resistance. premium prices near 1980 usd above and 1930 usd below. Bears should wait...

ProjectSyndicate

🔸Hello traders, let's review the 3 hour chart for AUDUSD today. Speculative IHS in progress, expecting bulls to re-test overhead resistance before reversal. Currently getting overbought. 🔸Previously recommended buying near market, currently trade running at +80 pips. bulls should exit position soon near 6790/6830. expecting reversal from resistance. 🔸Recommended...

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🔸Hello traders, today let's review 8hour price chart for XRPUSD. speculative C*H setup in progress, overall strong performance recently indicates further upside possible soon. 🔸We recently maxed out / hit strong resistance near 54 cents. pullback in progress. this is a normal pullback for a bullish C*H setup, expect pullback to complete soon near 48...

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🔸Hello traders, let's review the 4 hour chart for AUDUSD today. Previous analysis was invalidated and risk/reward shifted in bulls favor mid-term. the current price structure resembles inverted H*S and therefore I recommend to focus on buying dips after pullbacks. 🔸Short-term expecting more gains as bulls retook control recently, potential re-test of strong s/r...

ProjectSyndicate Updated 

🔸speculative xabcd setup advanced entry bulls with potential reversal at point C at 138.50. Expecting short-term pullback. point C at 113/127 near 138.50 is a speculative reversal price. 🔸XABCD pattern structure is defined by point X at 140.70 point A at 138.80, point B at 140.30, point C at 138.50 and point D at 141.00, which is a 127 extension. 🔸Recommended...