Gold is approaching a major support level within its rising channel! 📊 Could this be the next higher low (HL) in the uptrend? If bulls step in here, we might see a push back toward the channel highs! 🚀 🔹 Key Support Levels: $2,655 is the immediate support, while $2,580 serves as a critical backstop below. 🔹 Potential Setup: Long on bullish confirmation around...
My Short Idea Based on Downtrend Continuation Short Entry: 1.0850 Stop Loss: 1.0900 Take Profit: 1.0800 The pair is in a downtrend, forming lower highs (LH) & lower lows (LL) and this retracement to 1.0850 resistance provides a solid short opportunity, The RSI is nearing overbought levels adding confirmation to the bearish setup, The stop loss is safely above...
Gold is consolidating in a symmetrical triangle on the 1H chart, Watch for a potential breakout from this zone move above $2740 could lead to further bullish momentum towards $2760, while a breakdown below $2710 may open doors for a bearish move down to $2690 with neutral RSI, both directions are in play depending on the breakout Keep an eye on price action...
US30 is showing strong bullish momentum with price holding above an ascending trendline, I am currently seeing consolidation near a key resistance level if price breaks above 43346 it could signal a good buying opportunity, I am targeting two main levels for take profit: First target: 43700 (minor resistance). Second target: 44000 (psychological level). My Stop...
My USDCHF 1D TF idea is based on a long term support area that held strong twice, once in January 2015 and again in December 2023 Additionally i identified a clear divergence that aligns with my bullish bias My Trade Setup: Long Entry: Immediate at Current Price Take Profit and Stop Loss: as mention on the chart Good luck
I am looking a long opportunity on EUR/USD. There is a clear bullish RSI divergence found and suggesting me potential upside, My entry is placed at 1.10218, Targeting 1.11631 (TP-1) and 1.13100 (TP-2) Stop loss set at 1.08778. The risk to reward ratio is favorable and i am expecting a bounce from current levels. i will wait for price action confirmation...
here is my idea about short trade, I'm looking for a short entry expecting downside movement if the price continues to struggle below these levels. Gold struggle to break trend line Resistance which is indicating me good idea for short Entry Type: Short/Sale Entry Price: 2565.556 Take Profit: 2556.176 Stop lose: 2574.973 Good Luck!
CADCHF on the 4H chart its stuck in a descending channel & got rejected by that around 0.6250 resistance level. On the 1H chart its forming a bearish flag pattern which is telling us the downtrend is gonna keep going. What's your take on this pair ? my short entry is instant all other Stop and Take profit you can found on the chart Good Luck!
My idea is based on the Support & Resistance levels observed on 1H TF I'm anticipating price bounce from the identified support areas (Support-1 & Support-2) My plan is to enter long position when the price reach these support levels and close the trade at the resistance level Bias: Bullish Entry: Long from the Support-1 & Support-2 Take Profit: at Resistance...
daily chart of EUR/USD, i observe a significant consolidation pattern forming between the major support level at approximately 1.0400 and the weekly resistance levels near 1.1200. The pair is currently trading around 1.0911, showing a potential breakout scenario. >> Key Levels: Weekly Resistance: The zone between 1.1000 and 1.1200 serves as a strong...
look like US100 (nasdaq) on weekly support and i am expecting to hold this area as from the many weeks its holding, let me know your thought about that, thanks
Hello, Despite the recent bearish trend, the bullish RSI divergence suggests a potential rebound. This divergence often signals a weakening of the bearish monentum and a possible upward price movement. My Bias Bearish in the short term due to the series of lower highs and lower lows. However the bullish RSI divergence suggest a potencial rebound or at least a...
The chart shows a clear downtrend in the recent period, with the price dropping from around $185 to $141.22. Lower Highs and Lower Lows: The formation of lower highs and lower lows is evident, indicating a bearish market sentiment. current price is around $141.22, which is a significant drop from recent highs. Resistance Levels: Immediate resistance at around...
hello, mina trading btw triangle from the many days, once its breakout its should be a good long position, all entry and tp/sl details i mention on the chart, th
Hello, USDJPY bounce from week support and RSI Divergence giving me confirmation for enter long 1H TF.
Hello, i am expecting Price bounce from weekly support area also RSI is over showing me already in over sold area, all other details you can found on the chart, thanks
Hello, as we can seen on the chart EURUSD Break last lower high and made new Higher so i am going long for EURUSD, SL TP Details can found on the chart,