Based on the chart you provided, here's the current analysis: 1. **Current Price Action**: - BTC is trading near 97,800, within a rising channel. - There are visible higher highs (HH) and higher lows (HL), confirming the bullish momentum in the short term. 2. **Resistance Zone**: - The key resistance is marked at 99,000 (blue zone), where BTC...
Here's the analysis based on the 4-hour time frame CAPITALCOM:GOLD Analysis: 1. **Resistance Zone:** - The price has approached a clear resistance zone (around 2660–2670) where sellers may step in. This zone has been tested before, making it significant. 2. **Bearish Price Action:** - The recent candlesticks near resistance suggest hesitation,...
BITSTAMP:BTCUSD here are some insights based on the setup: **Key Observations:** 1. **Resistance Zone:** - The shaded gray zone around **98,000–100,000** acts as a resistance area. - The price is currently testing this zone, and you are waiting for **bearish confirmation** to consider a sell position. 2. **Support Zone:** - A significant support...
Based on the chart, here’s a potential trade setup for **gold (XAU/USD)**: **Key Levels:** - **Resistance Zone:** Around 2,640-2,645 (gray area in the chart). - **First Support Level:** 2,620. - **Second Support Level:** 2,610. - **Deeper Target:** Below 2,610, likely toward 2,600. --- **Trade Setup (Sell):** 1. **Entry:** - Wait for a bearish rejection...
chart suggests a potential rejection from the resistance zone with an anticipated downward move, as shown by the blue arrow. Key observations include: Resistance Rejection: The price is struggling to break above the marked resistance zone, aligning with the downtrend's upper boundary. Trend Continuation: The downward channel remains intact, implying the...
Here’s a summary of the EUR/USD chart: 1. **Trend Analysis**: - The chart shows an upward channel with clear support and resistance lines. - The price is currently trading near the middle of the channel, suggesting a potential continuation of the bullish momentum. 2. **Moving Averages**: - Several moving averages (20, 50, 100, 200 EMA) are displayed. ...
CAPITALCOM:GOLD Buying Zone: 2610** - **Rationale:** The 2610 zone represents a strong **support area**, where you anticipate buyer interest will outweigh selling pressure, leading to a potential price reversal or bounce. - **Confirmation Signals:** - Look for bullish candlestick patterns (e.g., hammer, bullish engulfing) or significant buying volume...
BITSTAMP:BTCUSD BTC is approaching the 99,000 resistance zone, where selling pressure could emerge. If this level holds, the downside target remains at 86,000, which aligns with a significant support level. Keep an eye on price action and momentum indicators for confirmation before entering a position. Entry Position: - **Sell Entry:** Around...
Here’s a more detailed version of your DXY trading plan: DXY Trading Plan** Buy Zone:** Enter a buy position around **107.900**, but only after confirming bullish price action (e.g., rejection wicks, strong bullish candles, or signs of support holding firmly). Targets:** - First Target:** **108.200** – A key resistance level. Consider partial...
According to the 1h analysis, I'm personally looking for a selling opportunity from the resistance area near 2630.00 & 2635 Targets:- 1st 2620.00 2nd target 2613 3rd target 2608 CAPITALCOM:GOLD
Here’s a more detailed CAPITALCOM:DXY DXY Trading Plan: - **Buy Entry:** Enter a buy position around **107.800**, watching for price action confirmation at this level. - **First Target:** **108.000** – This is the immediate resistance and serves as a safe partial profit-taking level. - **Second Target:** **108.300** – A key resistance level, ideal for...
If you’re planning a **sell entry at 2630** for gold, here’s a detailed plan for your setup: --- ### **Sell Entry at 2630** #### **Rationale for 2630 Entry**: 1. **Resistance Zone**: - 2630 is a psychological and technical resistance level where sellers might dominate. 2. **Overextension**: - If gold reaches this level after a strong upward...
Here’s an analysis of the DXY on the 1-hour chart, with your updated target of 107.100: Current Analysis Trend Overview: The dollar index (DXY) is in a clear downtrend on the 1-hour chart, forming lower highs and lower lows. Momentum indicators like RSI are likely staying below 50, reinforcing bearish sentiment. Key Resistance Zone (108.100): This is the...
According to the 1h analysis, I'm personally looking for a selling opportunity from the resistance area near 2620.00 & 2622 Targets:- 2608.00 CAPITALCOM:GOLD
I am currently monitoring the market for a sell entry based on my analysis of the 1-hour chart. Entry Point: Around 108.100 Target Price: 107.100 Potential Move: 100 pips downward TVC:DXY
CAPITALCOM:GOLD - **Sell Entry**: 2639 - **1st Target**: 2619 (Profit: 20 points) - **2nd Target**: 2606 (Profit: 33 points from entry) For better risk management, consider setting a **stop-loss** above a nearby resistance level (e.g., 2645 or 2650, depending on volatility).
Here’s a structured plan for managing two buy positions on the DXY: --- 1. Entry Plan First Buy Position: Entry: 107.000 Likely Reason: Anticipation of strong support at this level, possibly near a significant technical or psychological level. Second Buy Position: Entry: 107.830 Likely Reason: Market reversal or breakout confirmation at this higher...
According to the 1h analysis, I'm personally looking for a selling opportunity from the resistance area near 2610.00 & 2615 Targets:- 2590.00 / 2680.00 / 2570 CAPITALCOM:GOLD .00