EURUSD has fallen over 40% from ATH, and historically it goes up around 70-90% after a 40-50% fall, EURUSD started its rally up, and there are many indicators and confirmations to support that but I won't get into that now. I'm expecting EURSD to get to 1.66 around 2036, but that's too long-term. For now, EURUSD will either hit 1.10, go down to 1.06 (Demand Zone)...
- RSI Divergence - Proves bullish scenario - Flag pattern on lower TF - Further proves bullish scenario - Wait for a breakout of the white box to go long.
Scenario #1 - Trend continuation: Price continues it's downtrend after it bounces off the major falling trendline, creating LL and LH. Scenario #2 - Trend continuation: Price continues it's downtrend, creating LL and LH. (Unlikely to happen) Scenario #3 - Trend reversal: Price breaks major falling trendline, reaching the Fib Retracement 68% line, bounce off of...
Hey traders... We expect a very bearish rally on XAUUSD very soon, but before that happens price must retrace back to a key level (1812 OR 1830), after that we expect a fall to (1750, 1720 OR 1680). A reason to believe a fall to these levels is going to happen, is that US is trying it's best to decrease inflation this year, which will increase the value of the US...
Hey traders... Price rejection is seen when the price reached the daily upward resistance line, we don't expect the price to continue pushing up, a downward move will occur soon as shown in the graph. DYOR
Hello traders... This is a long term analysis for S&P500, we are now in a consolidation zone, we expect a bullish rally to begin as soon as the price breaks the major falling trendline. Price is going to reach it's ATH somewhere in march as the US government is probably going to increase interest rates, which will help against inflation, which will increase the...
Market isn't yet ready to push to this level (1900$) It must fall to (1786-90$) before pushing to (1900$) We can go short NOW, and take long pos. near (1790$) levels - However the long-term trend is probably bearish as we have a bearish rising wedge pattern.
Hey Traders! Graph is pretty much self explanatory! Let me know what you think! Have a profitable trading!
Hello traders! If you haven't already noticed I'm always bearish on GOLD , but I couldn't deny this, it looks like GOLD is going to reach 1858$ levels soon, we are still waiting for a retest of the 1830$ support zone , after that we wait for a confirmation using a smaller time frame chart to get into a buy position. ENTERY: 1830-32 (Wait for confirmation), SL:...
Hello traders, this is an idea I did for fun, but it's kind of logical as the past repeats itself.
Hello Traders, We are starting to see downtrend/bearish accumulation as the price wasn't able to break it's last high, and further on broke the three major swings low. This indicates a possible downtrend continuation. Most likely it will hit the 1819 level or the level below it, as this is how the price moved when it was on an uptrend. Expect slow retracement...
Hello Traders... Make sure to put your opinion in the comments, and tell me what do you think of this idea! Have a profitable trading!
Hello Traders... This is an idea that I truly believe is going to happen, we are getting multiple confirmations of a downtrend accumulation - we are waiting for the price to break it's last major swing low, if so that will be a strong confirmation of a downtrend beginning. Graph Confirmations: 1- Bearish Expanding Triangle - Reversal Pattern 2- Price fails to...
Hello traders, this is one of the possible scenarios for GOLD in 2022, let me know what you think about this. of course it doesn't have to happen, this is just an idea, but in general I personally believe that GOLD will be facing an increase in price in the beginning of 2022, in mid 2022/late 2022 GOLD will face a possible crash to 1400$-1500$ retracing back to...