After watching Gold loose momentum over the last few hours, Expecting to see Gold drop all the way to the 1800 area (38% retracement) if it is unable to break resistance at 1827 but manages to break the bullish trend-line. Also probability of a fake-out till 1833 (which has been a strong resistance level) to gather momentum for the drop. Opportunity to scalp...
GBPJPY currently in a consolidation (sideways channel), best advice is to sit this one out and let it play out. Direction of breakout can’t be predicted and is based more on fundamentals than TA. Japan has 2 news event coming up later today so let’s watch but their last few news event didn’t affect the market much either so don’t go crazy with position based off...
US30 is in a strong uptrend right now but rejected at 36600. No break of trend yet nor incomplete order-block that needs to be filled so uptrend still strong and valid. We can expect it to rally back up to 36600 and catch a few points but chances of a strong rejection possible again so I don’t suggest a hodl through the 36600 area, a reversal/counter-trend trade...
Price is currently in consolidation. Personally I expect to see price gather momentum by London session to break above the Daily resistance at 35480.5 and the key level resistance at 35500.0 as well and push toward 35560.0. Pending that breakout, it is also possible to see price drop below the consolidation support area to grab more Liquidity at 35365.5 before...
Trading the US30 market this week might be a little tricky but here is my personal opinion of what I think the market will do. I see a new resistance area forming around 26725 and that leaves a possibility of the market breaking the channel's support area at 26393 and being Bearish down till 26093 (which will be my Stop Loss for this trade) before the...
I believe Gold is going to drop, I forgot to publish the earlier analysis but this is from our New Entry to TP 3 (1797.220). Total of 70+ pips expected to be caught here.
I expect to see a pushback to the resistance area and see price break through the consolidation to go for a long. This is my personal belief for what I believe the market will do, kindly double check and re-analyze before taking a trade with this analysis. And be careful with Volatile Markets. Good Luck!
Expecting a long position on this Pair... The bullish pinbar on the resistance level line forming a false breakout hints a clear bullish continuation signal. Also, our previous resistance level becoming our new support level is a good confluence for this trade. Entry at 1.31630 after the channel resistance level break, Take Profit 1 at 1.33379 (176 pips), Take...
3:1 RR on this BTCUSD Long trade. Entry at 10993.3, Stop Loss at 10710.1, Take Profit 1 at 11284.0, Take Profit 2 at 11554.5, and Take Profit 3 at 11848.5.
Buy BTCUSD at 10048 up till 10849 for a 2:1 RR. Stop loss is set at 9826
I'm placing a buy stop order at 1.17867 because I believe buyers will break the Resistance level at this Supply area and continue the Uptrend up to 1.19384 which is my Take Profit 1 and 1.20868 as my Take Profit 2 with a 2:1 RR. Thus, placing my Stop Loss at 1.16768 ... Be careful taking this trade as major news events tomorrow may influence...
Currently price is at a resistance area for now but is expected to go Long on this pair. A good Entry for this trade would be at the 1.28917 area once price breaks through the resistance area and retests at 1.28815 . Then we can expect to see the buyers take control of the market up till our Take Profit 1 which is set at 1.29880 . Half of positions...
There are various ways our Trading week could start for US30. My analysis would be that we could see a possible rise of US30 over the weekend and then have a retest when the market open on Monday 20/07/2020. I think US30 will be in consolidation through the evenings on Sunday 19/07/2020 when the market opens because the sellers will get in and try to push price...
A breakout is expected and a long all the way to 26639.83...