ShinForex1

ShinForex1

In my analysis, we are observing signs of weakness in the Euro, as indicated by recent candlestick formations that reflect a notable lack of buying pressure. This behavior appears to be aligning with key Fibonacci retracement levels, suggesting a potential transition towards lower price levels. I anticipate that in the pre-New York session, we may witness a...

ShinForex1

From a technical perspective, examining the USD/JPY chart, we might notice that prices are forming a lower high, which often indicates a potential downtrend. The price respecting Fibonacci retracement levels can also suggest that the market is reacting to key support and resistance levels. When traders see the price approaching these levels and behaving...

ShinForex1

It seems that there's an atmosphere of panic. When traders see significant price drops, it can lead to a cascade of selling, with more people fearing losses. This fear can create a liquidity trap where those entering long positions are quickly taken out as prices continue to decline. In such scenarios, liquidations occur when leveraged positions are forcibly...

ShinForex1

Looking at the monthly charts, it seems like we've hit a key level where the price has bounced back up nicely. This indicates a shift in the overall trend, making it look like there's potential for some upward movement. Since the DXY (which tracks the strength of the dollar) is weakening, we might be able to ride this wave up and take advantage of the positive...

ShinForex1

Nice wyckoff distribution, we can see price now heading higher, structure indicate buying pressure is coming in the market!!! Nice risk to reward!!! see you later

ShinForex1 Updated 

Currently, the price of gold is at the Point of Control (POC) level, which suggests that we may see some weakness in the market. Based on my analysis, I expect a pullback towards the 2860 level. This is supported by a Wyckoff distribution pattern that indicates sellers are gaining strength, especially since we've observed a lower high around the 2906 level. Stay...

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ShinForex1 Updated 

See how price action plays out during in the next 15 min we gonna probably see a nice fakeout from the new york volume before a further continuation to downside. Always remember to use proper risk management. Follow me for more Analysis!!

ShinForex1 Updated 

we can clearly see a nice formation of a bearish structure on the monthly timeframe which is consistent with the weekly structure we also a key monumental shift on the EMA crossover and the price is now below the trendline So as the DXY (Dollar index) continue to rise we shall see GBPUSD continue lower and currently we have multiple confirmation in higher...

ShinForex1 Updated 

As we saw in previous year gold always has a pattern that it follows after a massive rally, we now in the phase of accumulation and it rotating around the POC level of massive move down, now its try to break the recent resistance but I think it will fail cause of it accumulation nature. Watch out for new and trade has nice risk to reward!! Use proper risk...

ShinForex1

#Pepecoin is one of the most undervalued meme coins, backed by an incredible team and community. It is the first deflationary meme coin with artificial intelligence integrated into its ecosystem. So far, we have burned about 18% of the Pepecoin tokens forever, making it scarcer than #Bitcoin. Additionally, it was the first utility memecoin to facilitate a trading...

ShinForex1 Updated 

I believe the strength of the US dollar will continue to rise until next year, as it has been consolidating during the election period. We also discussed a similar market pattern that occurred over the last four years, which is happening again now. Therefore, there is a higher probability that we could see a significant selloff back to its monthly lows. Follow...

ShinForex1

As we observe Bitcoin breaking out, we are likely to see a surge of users and retail investors, which will drive many memecoins higher. APU looks promising as it is forming a cup and handle pattern. If it breaks above the neckline, it could lead to a nice trade opportunity to the upside. However, be cautious as the greed index is high; we might experience some pullback.

ShinForex1

So as we are approaching this week's NFP report which will give a clear indication of either a soft landing or a hard landing I expect Gold to have a slight retracement as it is currently facing some resistance and has broken out of the ascending triangle so our target will be at the h4 tradeline Follow more for quickly analysis

ShinForex1

Why i think US30 will have another leg up!! Look at the time horizon of the bigger picture we see clearly structure is being maintained to upside,on the Daily Timeframe!! As we break down to a lower timeframe, which gives us the direction of our potential move, we clearly see nice rejection on the 38.2 fib level also in confluence with the breakout which act...

ShinForex1 Updated 

t¥This setup is self-explanatory. price action is below the ema, weekly trendline respected, and there was a nice rejection on the fib sequence in h1 and h4. Please ensure proper risk management!

ShinForex1 Updated 

Based on our technical analysis we are seeing massive rejection on the weekly timeframe We see price has changed structure after the rejection and breaking the trendline, we had a nice pull back to 38.2 fib level and its In confluence with trendline as resistance Please manager your risk!! Follow me for more analysis

ShinForex1 Updated 

Based on the daily structure, there is a strong rejection and respect of the Fibonacci levels. The volume also supports this view, showing a clear accumulation of liquidity. I confidently anticipate a liquidity injection during the New York session! Must was Heavy new on Dollar ( 30 yr bond auction rate) Use proper risk management!!

ShinForex1 Updated 

Based on the daily timeframe, a downside structure is clearly forming. I strongly anticipate this to be a fake out leading to a massive drop during the New York session! NOTE: Proper risk management Please Follow me for more breakdown!!