XAUUSD GOLD Direction To Bulls trying to Today Bull to Top The Gold Chance Has May Test 2680 after again price will back growth. Support Levels 2680/70 Resistance Zone 2710 /30 The Gold Price will Higher Because Of Today CPI Moment biggest news of month we expect market will move high. Rate Share Your Idea what's Going On Thanks.
Time Frame: - H4 & Daily : FVG Identification - H1 Entry Signal 1. Trend Confirmation: Identified a Break of Structure by the break of the previous resistance at 31.52, indicating a bullish in market sentiment. 2. Fair Value Gap (FVG): On the Daily chart noted a Fair Value Gap (FVG) between 31.43 - 31.70. On the H4 chartnoted a Fair Value Gap (FVG) between 31.15 - 31.55. 3. Position: Entry after Bullish Engulfing Candle: 31.70 Stop Loss : 31.40 (below daily FVG) Take Profit: 33.00 (below fibbo 1.618) RRR : 1:4.3x Additional Note: Stop Loss is within H4 FVG. ------------- Disclaimer The analysis and content provided here are intended solely for personal journal and educational purposes. This information does not constitute financial advice, investment advice, or a recommendation to buy or sell any securities. Trading involves significant risk, and you should only trade with money you can afford to lose. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
Hello Traders ! On the daily time frame, The NZDCHF formed a descending triangle. Currently, The support level is broken ! So, I predict a bearish move? ______________ TARGET: 0.50650?
OANDA:XAUUSD has moved higher, breaking through the prolonged consolidation zone. The price has reached the key resistance zone ahead of the Core CPI release, testing the psychological level at 2700 and weekly high level. This level has previously acted as resistance, and I think that the market may drop from this level, forming a short-term pullback. Therefore I expect the market to pull back from the resistance and the upward trendline before considering further upward movement because the market may retest the middle of the consolidation zone. My goal is support zone around 2665 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ??
This channel is not providing individualized trading or investment advice, nor is it a banking service, brokerage service, trading service, investment service or money management service. It is just an educated guess.
EURUSD is on a downtrend in M15 but hit on an important support and can bet on a 2RR long position as shown. Looking forward for your Ideas. it JUST an opinion for myself to test my mehod, Enter if your setup approved. BMZ-ir
Objective: To capitalize on the momentum following a breakout or breakdown from key Fibonacci levels, particularly focusing on the 0.764 level which NVDA has recently broken down from. Strategy Outline: Setup: Timeframe: Daily chart for broader trend analysis. Indicators: Fibonacci retracement levels (0, 0.236, 0.382, 0.5, 0.618, 0.764, 1.0). Lookback Period: 90 days for calculating Fibonacci levels. Entry Conditions: Long Position: Enter when the price crosses above the 0.236 Fibonacci level after a recent dip below 0.764, indicating a potential reversal or strong bullish momentum. Short Position: Enter when the price breaks below the 0.764 level, as seen in your chart, signaling a strong bearish trend or continuation of the downtrend. Exit Conditions: Long Exit: Exit if the price breaks below the 0 level or shows signs of reversing back below the 0.236 level. Short Exit: Exit if the price breaks above the 1.0 level or shows signs of reversing back above the 0.764 level. Risk Management: Stop Loss: For longs, place a stop loss just below the 0.236 level. For shorts, place a stop loss just above the 0.764 level. Position Sizing: Adjust based on your risk tolerance, but typically, risk no more than 1-2% of your trading capital per trade. Additional Confirmation: Use RSI (Relative Strength Index) for confirmation: For longs, ensure RSI is not in the overbought territory (>70). For shorts, ensure RSI is not in the oversold territory (
Cipla has broken the Decending Triangle Structure .....Reteted the Broken Line today.....There are Several Gaps (Unfilled Order Blocks) in down side .....Hopefully we gonna see a sharp fall soon.....Below Red lines are GAPS to be filled up ...
Set up from previous zones, supply and demand entry with order block volume confirmation. High-risk news is incoming, but the risk is managed. A 1:3 risk-reward ratio or full take-profit back at the supply for a 4.2 risk-reward ratio.
Jupiter wagons Ema 100 > 144 > 200 > 300 1) Inverted H & S pattern 2) trendline breakout done, but retesting pending which may be achieved in a while from knot level. 3) Than stock may boom.