Wow, I've noticed that DJI, at the daily resistance, has accumulated significant pressure with double tops, triple tops, and higher highs. I have a feeling it might experience a major drop towards the weekly support. However, looking at the overall trend on the weekly chart, it remains in an uptrend. Therefore, if there's an opportunity at the Monday opening, I...
Observing the chart I've drawn, silver has touched the same daily support level four times. Upon analyzing the weekly chart, the overall trend appears to be upward. Additionally, on the H4 chart, a double bottom has formed. I believe there is a strong chance for silver to experience a significant upward movement next week. Please leave a comment below if you think...
I remain confident in the ETH/USD pair reaching new highs. Currently, it is at a support level, and if there is a clear double bottom pattern, I will consider going long. Any suggestions are welcome, feel free to leave your comments below.
We are observing a downtrend in the AUD/NZD pair on the daily chart. The current price has reached the resistance zone. If there is a double top or a higher high, I will consider taking a short position. Any advice or suggestions from everyone are welcome. Feel free to leave your comments below
We see USDJPY approaching the weekly resistance, signaling a potential significant drop. Any thoughts on this trade? Please leave your comments
We see GBPAUD approaching the weekly resistance, signaling a potential significant drop. Any thoughts on this trade? Please leave your comments.
AUD/USD Might Revisit Its Weekly Uptrend, This Upward Movement Could Take About a Month. Any Thoughts?
We observe an uptrend on the daily chart for EUR/CAD. Currently, it's retracing to the H4 support level. We plan to go long when it retraces to around 1.46539, with a stop loss at 1.46327. Our take profit is set at 1.47338, aiming for approximately 80 pips or more
We can consider going long on AUD/JPY today, following the typical H4 uptrend strategy when it encounters support. If there's a double bottom, we can open a long position. Buy confirmation. Close trade when H4 have engulfing. around 100pips
"Monitoring the recent trends, it appears that gold is gradually showing signs of a downward movement. The retracement to around 2056-2057 seems likely before a significant drop. Keep an eye on the slowing trend in gold. If it continues, we might see the price dip below 2000. Stay tuned for updates."
I just noticed a lower low on the H1 chart for NZD/USD. If there's an H1 engulfing later, I will go long
With the approval of the Bitcoin ETF already in place, the market is now eagerly awaiting the approval of an Ethereum ETF. In the spot market, attention has shifted towards Ethereum, with traders actively speculating on its price. We can observe Ethereum (ETH) forming a double bottom on the H4 chart last week and initiating an upward movement. Subsequently, it...
GBPNZD has touched the resistant level. I'm not sure if there's an opportunity to open a position in the next two days. If there's a signal on the H1 chart, I'll consider shorting for a potentially significant distance. Let's wait together.
I find the EUR/NZD pair interesting. The price has hit the H4 resistance, and I'm unsure if there's a shorting chance in the next two days. If I see a sell signal on the H1 chart in my criteria, I might go short. Currently, I'm just keeping an eye on this pair without making any trades. What do you think?
Although I am uncertain about the overall trend of gold at the moment, I have identified a brief intraday setup on the 4-hour chart. The gold price has reached the resistant level on the H4 chart, and I am waiting for the formation of a double top or a higher high on the H1 chart. In such a scenario, we can consider shorting gold. roughly can do Sell limit at...
"We should go long on BTC immediately. On the day when BTC dropped to $41,634, a double bottom formation occurred on the H1 chart. We can go long, expecting a brief uptrend, followed by a possible retracement. My overall assessment is bullish for BTC in the long term. However, if this trade is initiated, caution is advised around $44,484, as it may be a level to...
Hello everyone, we can see that NZDUSD has briefly touched the daily trend break line and formed a double bottom. We can consider going long at this point, as there is a good opportunity for a breakthrough to new highs.