As of October 26th, 2024, XAU/USD (Gold) has formed a bearish Gartley pattern, suggesting potential downward movement. Here’s the trade plan: Trade Details: Option 1: Entry: Sell in the Potential Reversal Zone (PRZ) Stop Loss: 2759.50 Option 2: Entry: Sell Stop at 2740 Stop Loss: Above the defined last high (LH) Reason for Trade: The bearish Gartley...
30/10/2024 - EUR/USD - Short Trade Plan Trade Details: Entry: 1.08200 (15min Order Block with 4H OB Confluence) Stop Loss: 1.08407 Take Profit 1: Based on 1:1 Risk-Reward Ratio Take Profit 2: 1.07733 Reason for Trade: Short entry is based on a 15-minute Order Block (OB) aligned with a higher timeframe (4H) OB, adding confluence to the setup. Aiming for an...
AUD/JPY - Long Trade Plan Trade Details: Entry: 100.438 (Order Block) Stop Loss: 100.240 Take Profit: 100.630 Risk-Reward Ratio: 1:1 Reason for Trade: Entry is based on an Order Block (OB) identified on the chart, suggesting a potential bounce from this support zone. The plan is detailed in the accompanying chart, including key levels for entry, stop loss,...
If crude oil breaks above point B ($130) in the AB=CD pattern, it can potentially rise all the way to $200. While this might seem unrealistic at the moment, those who understand the market know that it’s bound to happen sooner or later.
As of October 1st, 2024, XAU/USD (Gold) has formed a bullish bat pattern, indicating potential upward movement. Here’s the trade plan: Trade Details: Entry: Based on the bullish bat pattern and divergence in the Potential Reversal Zone (PRZ) Stop Loss: Below support level Take Profit Target: 1:1 ratio Target Price: 2650 Reason for Trade: The bullish bat...
BTC is currently forming a cup and handle pattern on the weekly timeframe. If the price breaks above $73,800, it could potentially rise to $130,000 during its bullish cycle. Additionally, a bullish flag pattern suggests a price move up to $122,000, further supporting the potential for significant gains. Based on time cycles, BTC has yet to begin its post-halving...
As of July 11th, 2024, XAU/USD (Gold) shows a confluence of a trendline and the Potential Reversal Zone (PRZ), along with divergence on higher time frames, indicating a potential downward movement. Here’s the trade plan: Trade Details: Entry: 2418 Stop Loss: 2434 Take Profit 1: 2402 Take Profit 2: 2384 Reason for Trade: The confluence of the trendline...
As of July 11th, 2024, XAU/USD (Gold) is forming a bearish butterfly pattern, indicating a potential downward movement. Here’s the trade plan: Trade Details: - Entry: Enter with SL above PRZ or on the breakout of the last HL - Stop Loss: Above PRZ Reason for Trade: The bearish butterfly pattern suggests a potential downward movement. Traders can enter...
Can Look for a long from this poin. Reason: Resistance area breakout + Trend line Breakout Can target 1:1 & 1:2