Hello, my dear friends, as in the previous tutorials about channel strategy and moving average. at this point of time is $1,914 per ounce of gold, and as you can see in the chart, in the area of 1895-1900, we have overlapping support from the channel and moving 20 in weekly time. I will take a long position in gold at the price of 1,895. I wanted to share this...
Hello As in the previous ideas that I had published and explained and linked about my strategy, this time I did a sample trade with a very small loss limit. Gold and the dollar index have a long-term opposite relationship, and gold and oil have a delayed correlation. I have colored the gold daily channel with a simple indicator to make it clear on the weekly...
According to the strategy that I use based on it, the overlap of support has been attractively formed in the weekly time. The roof of the channel is also authentically broken. On the other hand, in the monthly time, the rsi oscillator trend line is also broken, which can be considered as a confirmation. With all these conditions, it is logical to enter a long position.
Considering the overlap of support and trend line, it is expected that MACD divergence will work and usdchf currency pair will get a good buying position in these areas towards the high targets.
It may go up a little due to the overlap of the stocks, but the overall trend is down. Attention to divergence in the discussion of cpi, us10y America. I hope it will be clear in the attached pictures
Considering that according to the world economy, most currencies such as the pound and the euro have been under the pressure of the US dollar, and according to the channel strategy that I have mentioned on YouTube, we have overlapped resistances (daily channel ceiling and 20 daily moving average). The sell position is logical from a technical point of view, but if...
According to the recent increases of the dollar and overbuying, technically, the bottom of the channel and the trend line have a good overlapping support and attracts like a magnet. You can enter into sales with a suitable risk-to-reward ratio
As you can see in the picture, overlapping of daily and 4-hour channel ceiling has been able to form a good resistance. Also, in the dxy symbol, the overlapping of the floor of the daily and 4-hour channel has been able to form a good support.
Considering that the selling pressure on the gold element is too much now, I place a buy order at the bottom of the channel, and as you can see, my risk-to-reward ratio is 2.2.
As you can see, the downward channel of this currency pair is fluctuating and currently there is good overlap and resistance in the moving 20 with the ceiling of the 4-hour channel. After the valid failure of Moving 20, the first target of Moving 200 is the 4-hour period, and after that, the second target is the price action area that I specified for you. Be...
If this black trend line that I drew for you breaks, you can open a sell trade. Be careful that the first target is the moving 200 time of 4 hours and make sure that the moving 200 time of 4 hours has a good overlap with the bottom of the daily channel. But the twin divergence of the MACD indicator makes my advice to you to open a trade with a small volume
The current currency pair has broken the ceiling of the 4-hour channel and also the 200-time 4-hour moving, so I expect it to reach our buying target in the first price action zone.
Divergence in MACD due to Japanese yen flow forces me to cancel BUY posision
According to a recent agreement between Turkey and Finland and Sweden joining NATO and the downtrend channel of the daily ounce of gold, as well as the overlap of resistance, the sale deal seemed to make more sense than the buy deal. The ounce is currently 1820 $, and my goal in this deal is to sell an ounce, which is technically on the floor of the daily...