In this article, I will explain to you 4 efficient strategies to identify a bearish reversal with technical analysis in Gold trading. You will learn price action, SMC and technical indicator strong bearish signals. First, let me remind you that different bearish signals may indicate a different magnitude and a degree of a potential reversal. While some...
GBPUSD looks strongly bullish on a daily after a confirmed breakout of a key daily resistance. It opens a potential for a rise to 1.271 level. Be ready for more growth the comming days. ❤️Please, support my work with like, thank you!❤️
CADCHF looks bullish after a test of a key intraday/daily support. As a confirmation, I see a bearish trap and a double bottom pattern. Goal - 0.6372 ❤️Please, support my work with like, thank you!❤️
A price action on GBPNZD shows 2 strong bullish confirmation on an hourly time frame. I see an inverted cup & handle pattern and a breakout of a resistance line of a falling channel. Chances will be high that the price will go up. Goal - 2.2 ❤️Please, support my work with like, thank you!❤️
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 did not manage to update the All-Time High on Friday, retracing from a key daily resistance. The market is now trading within a horizontal range on a daily. Depending on the reaction of the price to its boundaries, I see 2 potential scenarios: Bullish Scenario If the price breaks and closes above 2943, a bullish continuation will be expected to the new...
NZDUSD broke and closed above a significant falling trend line on a daily. It opens a potential for more growth. Next resistance - 0.575 ❤️Please, support my work with like, thank you!❤️
In this short article, you will learn the best Fibonacci extension and retracement levels for trading Forex and Gold. I will share with you correct settings for Fibonacci tools and show you how to use & draw Fibonacci's properly on TradingView. Best Fibonacci Retracement Levels First, let's discuss Fibonacci retracement levels. Here are the default...
Many of the members asked me to provide the updated analysis for Bitcoin. The main problem with BTC is that the market is currently in a deep consolidation. Since the beginning of the month, the market is barely moving, forming candles with tiny bodies and long tails. The price is currently stuck within a narrow range on a daily. For now, the best signal...
Dow Jones Index violated a resistance line of a narrow consolidation range on a 4H time frame. Probabilities are high that the market will continue growing. Next resistance - 44820 ❤️Please, support my work with like, thank you!❤️
GBPAUD looks bearish on an hourly time frame. It feels like a correctional movement lower will continue. Next support - 1.9858 ❤️Please, support my work with like, thank you!❤️
I see a confirmed bearish trap after a test of a key support on WTI Oil on a 4h time frame. A formation of a bullish imbalance indicates a highly probable movement higher. Goal - 72.0 ❤️Please, support my work with like, thank you!❤️
After the release of the yesterday's US news, Gold went up again Analyzing a 4H time frame, I see a completed inverted head and shoulders pattern. Probabilities are high that growth will continue. Goals: 2931 / 2942 ❤️Please, support my work with like, thank you!❤️
CADJPY may retrace from a key daily/intraday horizontal resistance. As a confirmation, I see an inverted cup & handle pattern on that and a breakout of its neckline. Target - 107.69 ❤️Please, support my work with like, thank you!❤️
There are hundreds of different trading strategies based on fundamental and technical analysis. These strategies combine different tools and trading techniques. And even though, they are so different, they all have a very similar structure. In this educational article, we will discuss 4 important elements and components every GOLD, Forex trading strategy...
GBPNZD is likely to keep rising after a retest of a recently broken horizontal key level. I will expect an up movement to 2.2 level. ❤️Please, support my work with like, thank you!❤️
Here is my latest structure analysis for Gold. Vertical Structures Vertical Support 1: Rising trend line Horizontal Structures Support 1: 2869 - 2886 area Support 2: 2770 - 2790 area Resistance 1: 2941 - 2950 area Resistance 2: 2998 - 3003 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
AUDNZD violated a resistance line of a wide horizontal range on a daily. It opens a potential for more growth. Next resistance - 1.116 ❤️Please, support my work with like, thank you!❤️