At this time, the price of gold is around 1935. According to my analysis, the trendline has already experienced a breakout, and now the market is undergoing a retest. Therefore, you can buy it, and set your take profit at 1954, while placing a stop loss at 1928. I hope that by taking this trade, you will be able to earn a good profit. This information is not...
The USDJPY closed at 143.70. Speaking of its resistance, the area around 144.06 will act as a resistance area. If a candle rejects from this level, you can open a sell position with a stop loss of 40 pips and target the support level at 142.20. I hope we can make a good profit from this trade. Disclaimer: The information provided is for educational and...
The CHFJPY closed at 160.14. Speaking of its resistance, the CHFJPY is currently trading within a channel, and the resistance level is forming around 160.140. If the market rejects from this level, there is a possibility of reaching the support level of the channel. However, if the channel breaks downwards, the next support level would be at 158.58. And if it also...
GBP/JPY closed at 182.66. Regarding its resistance, the first resistance area is around 182.90. If it breaks, GBP/JPY may reach 183.33. You can consider selling GBP/JPY if a candle rejects the resistance area. As for support, the first support level is at 181.88, and there is an upper trendline formed as well. If that trendline breaks, GBP/JPY could drop to...
GOLD closed at the 1920 level. Based on my limited knowledge, the support area for XAU/USD is at 1911. If it breaks, the market may move towards the next support area at 1896. Similarly, the resistance area for XAU/USD is at the 1993 level. If it breaks, XAU/USD may reach 1953. Keep an eye on these levels. If a candle rejects the resistance area, you can sell and...
GBP/USD closed at the 1.2716 level. Based on my limited knowledge, the support area for GBP/USD is at 1.2700. If it breaks, the market may move towards the next support area at 1.2600. Similarly, the resistance area for GBP/USD is at the 1.2775 level. If it breaks, GBP/USD may reach 1.2850. Keep an eye on these levels. If a candle rejects the resistance area, you...
The price of EURUSD has closed at 1.0891. According to my limited knowledge, the first resistance area for EURUSD is likely to be at 1.0908. If this area is broken, then the next second resistance will be at 1.0953, and if that area is also broken, then the third resistance area will be at 1.1002. As for support, the first support level is at 1.0854, and the...
At the moment, BCHUSD is trading at $194, and its resistance is at $205. You can sell it from there if the H4 candle rejects. The take profit level would be its support level at $170, and the stop loss would be at $220. Currently, the Weekly RSI is also crossing the 70 level, which indicates an overbought zone, so it should come down. I hope we can make a good...
At the moment, EUR/USD is trading at 1.0898, which is a resistance area. If it gets rejected from this level, it could potentially move down towards the support area at 1.0846. You can take advantage of this by selling and aiming for a good profit. Set your stop loss at 1.0925 to manage your risk in case the trade goes against you. Disclaimer : Please note that...
At the moment, GBPJPY is trading at 182.32. According To My Little Knowledge, If you want to sell in this, a great area would be the resistance at 182.50. You can set a stop loss at 182.85 and take profit at the support area of 181.80. I hope our trading will be profitable. DISCLAIMER: Please note that the information provided is not financial advice. Trading...
GBPUSD is currently trading at 1.2730, and its support is at 1.2700. According To My Little Knowledge,If the H4 candle touches the support area and closes above it, you can consider buying for a target of 1.2775, which is its resistance area. However, if the support area is broken, you can sell on its retest and take profit around the 1.2600 support...
Currently, DOGE Coin is trading at 0.0659 per trade. Based on my limited knowledge, if DOGE breaks its trendline, it will attempt to move upwards towards its resistance area at 0.0746. You can consider buying on its retest. However, if it fails to break the trendline, it may move down towards its support area at 0.0571.
Currently, AUDNZD is trading at its support area of 1.0920. Based on my limited knowledge, if the daily candle closes below this level, you can consider taking a sell trade on its retest. The next support level for AUDNZD is around 1.0775, which it should aim for. On the other hand, if the daily candle closes above 1.0920, you can consider taking a buy trade,...
GBPAUD is currently trading at 1.8863. If it is rejected from the resistance area, which is at 1.8902, it will then move down to the support level at 1.8744. However, if it successfully breaks above the resistance area, you can consider buying on its retest, aiming for the next resistance at 1.9165 for GBPAUD. Disclaimer: The information provided is for general...
At the moment, AUD/USD is trading at 0.6759. According to my limited knowledge, if it goes down, it will reach the support line of the channel. After that, it will move towards the resistance of the channel, and then there will be a breakout of the channel. After retesting, it will continue to move upwards. Disclaimer: The information provided is for general...
Hello ! According To me CADCHF Will GO Upto 0.6928 , If 4 Hour Candle Close Below 0.6928 Then you Can Take Short Position On CADCHF . I Have Mention All Entry/SL/TP On Chart . I Hope This Trade Will Give Us Good Profit . Thank you
Hello ! According To Me , First Market Should Go Up To 1.5720 , If 4 Hour Candle Close Below Channel Resistance Line 1.5710 Then you Can Take Short Position . I Have Mention TP/SL/Entry Point In Chart . I Hope This Trade Will Give Us Good Profit . Thank you
Hello ! Current Market Price Is 1.1939 . According To Me , Market Price Will Reach At 1.1904 , Then You Need To Wait To Close 4 Hour Candle Above This Price 1.1904 , Then You Can Take long Position At 1.1905 . I Hope This Trade Will Give Us Good Profit . Thank You