If you decided to trade today, there is one potential shorting opportunity for Gold. Following my recent update, the price is testing a recently broken daily horizontal structure at the moment. On an hourly time frame, the price formed a tiny double top on that. 2621 - 2625 is its neckline. To sell the market with a confirmation, wait for a bearish breakout...
Here is my latest structure analysis & important supports and resistances for EURUSD for next week. Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
Gold closed this week, retesting a recently broken significant daily horizontal support - a lower boundary of a wide trading range. With a high probability, the price will drop from the underlined zone all the way down to 2563 - the next important structure. ❤️Please, support my work with like, thank you!❤️
As the winter holidays are already around the corner, you should know exactly when to stop trading and close your trades, and when to resume. In this article, you will learn how Christmas and New Year holidays affect the financial markets and I will share with you my trading schedule. First, let's discuss how winter holidays influence the markets. Winter...
AUDNZD formed a nice inverted head and shoulders pattern on a daily. A bullish breakout of its neckline is a strong bullish reversal signal. We can expect more growth and test of 1.1143 level soon. ❤️Please, support my work with like, thank you!❤️
Gold nicely retested a recently broken key daily horizontal support. After its test, I see very intraday bearish price action with a confirmed local Change of Character CHoCH. The price will most likely drop lower at least to 2585. ❤️Please, support my work with like, thank you!❤️
It looks like a local correctional movement is over on USDCHF and the pair is returning to a bullish trend. The release of the today's US fundamentals made the pair violate a resistance line of a narrow consolidation range on an hourly. The price will most likely go up to 0.9007 level. ❤️Please, support my work with like, thank you!❤️
FED rate decision and FOMC made Gold very bearish yesterday. The price violated a support line of a wide horizontal range on a daily. Its breakout signifies a strong bearish pressure. It opens a potential for more price depreciation. Next support - 2563 ❤️Please, support my work with like, thank you!❤️
It looks like US500 is ready to recover after the yesterday's crazy bearish movement. We may see a pullback at least to 5940/ ❤️Please, support my work with like, thank you!❤️
Update for my recent post for NZDJPY. The pair finally looks bullish after a test of a key daily support. My confirmation signals are a double bottom pattern and a bullish imbalance candle on an hourly time frame. We can expect growth at least to 87.8 ❤️Please, support my work with like, thank you!❤️
GBPCAD broke and closed above a significant daily resistance cluster based on the year's high. The broken structure turned into support. Retesting that, the price formed a tiny cup & handle pattern on an hourly time frame. I decided to open a long trade on a retest of its broken neckline. ❤️Please, support my work with like, thank you!❤️
Looks like Bitcoin is going to pullback from a key intraday/daily horizontal support. As a confirmation, I spotted a tine cup & handle pattern on an hourly. The price will go up and reach at least 105291 level soon. ❤️Please, support my work with like, thank you!❤️
I will teach you how to trade liquidity grab, a trap, inducement, order block and imbalance. I will share with you my Smart Money Concept strategy for trading forex & gold. We will study a real SMC trading setup that I took on a live stream with my students. Trend Analysis With Structure Mapping The first step in our trading strategy will be the analysis...
EURCAD broke and closed above a key daily horizontal resistance. The broken structure turned into support now. Probabilities are high that the market will continue rising at least to 1.5088. ❤️Please, support my work with like, thank you!❤️
CADJPY looks bullish after a test of a key daily/intraday horizontal support. A strong confirmation is a formation of a cup & handle pattern on that on an hourly time frame and a breakout of its neckline. The price will most likely go up at least to 107.57 ❤️Please, support my work with like, thank you!❤️
NZDJPY confirms a bullish reversal on a daily. The price violated both the resistance lines of a falling channel and a horizontal range. Bullish breakout of the underlined blue resistance also is a valid Change of Character. The market may go much higher soon. Next resistance - 89.75 ❤️Please, support my work with like, thank you!❤️
Yesterday, I predicted a nice pullback on Dollar Index. It looks like today, we have one more. The price testing a key intraday/daily horizontal support and formed a double bottom on that. Bullish violation of its neckline may push the market higher. Goal - 107.1 ❤️Please, support my work with like, thank you!❤️
GBPJPY broke and closed above a resistance line of an expanding wedge pattern on a daily. It indicates a strong bullish momentum and highly probable bullish continuation. With a high probability, the price will reach 196.6 level soon. ❤️Please, support my work with like, thank you!❤️