We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 50428 Wish you good luck in trading to you all!
NAS100- Time to sell! We looking for short term sells and long term buys as we are still inside the bullish momentum however the market is now respecting the ceiling zone resulting in short term correction sells to the downside followed by impulsive buying opportunities if the market respect the uptrending support|4H TIMEFRAME
Euro forms a double top, keep selling! Hello traders, EUR/USD has formed a double top and if 1.84446 breaks the target profit of 1.07848, EUR/USD will fall. It is best to try to use money management and use the right amount for your funds
Crude Oil - Time to buy! Oil prices extended their gains, with Brent crude nearing $80, building on last week’s steepest weekly jump since early 2023. This surge is driven by fears of a wider Middle East conflict and potential disruptions to exports from the major oil-producing region. Israel has issued several warnings about targeting Iran’s oil tanks, ...
Bitcoin forms a double top pattern, overall trend down, target 59K! Bitcoin recently completed a double top pattern near 66,500. The initial price reaction has been positive, increasing the likelihood of a bearish movement beginning. This conciliatory pattern adds more weight to the bearish scenario we are considering. However, from a different perspective,...
Operation: It is recommended to keep the intra-day operation low. For the lower support to focus on the 2720-2718 area, the 2700 mark can be tested and extended above, if the short strength under the 2718 area, it means that the market has a short-term pullback adjustment demand, then the high probability will go down to the 2700 mark. Gold bulls are too strong,...
XAUUSD- Gold will continue to break upward - Target: 2800 points After several weeks of consolidation, gold managed to break through previous resistance levels, breaking out of a narrow trading range and reaching new highs. Unsurprisingly, gold prices hit new highs last week and are expected to continue rising this week until they reach the designated target of...