EURNOK is now net-long on the regression break. With support within price action, this is not a trade I will be taking.
**? NZD/USD Sell Setup – Cup & Handle Pattern Confirmed! ?** NZD/USD is showing a **Cup & Handle pattern**, with **EMA50 confirming a strong sell signal**. This setup suggests potential downside movement. ### **? Trade Details:** ✅ **Sell Entry:** **0.56050** ✅ **Stop Loss:** **0.56650** (60 pips above entry) ### **? Take Profit Levels:** - **TP1:** **0.55650** (40 pips down) - **TP2:** **0.55250** (80 pips down) - **TP3:** **0.54850** (120 pips down – final target) ### **? Trade Strategy:** - **EMA50 confirms the bearish trend** – strong sell confirmation. - **Proper risk management is key** – use stop loss to protect capital. - **Monitor price action** – if momentum stays strong, TP2 and TP3 could be reached. ? **Trade Setup is Active! Follow your risk management plan and execute wisely!** ?? https://www.tradingview.com/x/Yheqni7v/
after a really good pump, market has again reaxhed within PRZ ( Potential reversal zone due to strong Resistence level, trade can be taken with tight risk management. accordingly SL , TPs are selected. what are your thoughts on this?
EURSGD is now net-long on the regression back. I am looking over my EA's to decide what options are best.
GBPMXN is now net-long on the regression break. GBP pairs are winning on most cross. I am reviewing this trade.
GBPSEK is not net-short on the regression break into strong support. I will not take this trade.
NOC is net-long in the face of Trump withdrawing fund from Ukraine / Russia War. I will not take this trades as the back drop is not clear and it is running into support.
In this idea I expand upon my previous idea posted in December on the 8th. The previous idea showed the rudimentary course we would take according to the formation set of Ascending scallops. In this chart I outline the key supports, resistance, and the projected bottom point we will bounce from to head back up. Seems we have fallen from a large scale rising wedge and are now inside of descending broadening wedge. This is all in line with my previous idea and is moving as expected. We do not have long to go before we reach our bottom target if we do in fact move as projected. Only time will tell, Happy Hunting - TND
? Gold’s Next Move — 55-Year Chart Analysis This isn’t just another prediction — it’s a bold forecast you won’t see everywhere. We’re analyzing the 55-year historical chart of XAUUSD. Gold has broken through a major long-term resistance and is now pulling back for a potential retest. ? Key Levels to Watch: • Bullish Scenario: A clean hold above $2770 could trigger a strong rally, pushing prices above $3000 • Bearish Scenario: Failure to hold $2770 and a confirmed breakdown could send gold back below $2400. Why does this matter now? With global economic uncertainty, rising US inflation, and a diminished likelihood of rate cuts, gold’s next move is at a critical tipping point. ? Immediate target: $2770 — this level will dictate the next big move. The reaction at this zone, combined with upcoming macroeconomic data, will set the stage for what’s next. Stay focused. Updates coming soon.
Technical Analysis 1. Trend & Price Action • On the H1 timeframe, gold is rebounding from a recent downtrend and has formed a higher low, indicating a potential reversal. • The M15 timeframe confirms this rebound, with price breaking above the short-term resistance. • The M3 timeframe shows price consolidating near the highs, which suggests accumulation before another move higher. 2. Indicators • MACD • H1: Bullish crossover, histogram turning positive. • M15: Bullish crossover, supporting further upside. • M3: Neutral but not showing strong divergence. • RSI • H1: 62.74, indicating strength but not overbought. • M15: 54.50, still room for upside. • M3: 42.20, slight pullback, allowing for better entry. 3. Support & Resistance Levels • Support: 2878.40 (M15 confirmed level) • Resistance: 2905.50 (H1 key level) Fundamental Analysis • Gold has strong bullish momentum due to a weakening USD. If upcoming economic data or geopolitical uncertainty supports safe-haven demand, XAU/USD will likely push higher. • Recent rally suggests institutional buying, and if momentum continues, 2905-2910 is a reasonable target. Entry: 2891.30 (Current price, allowing for a slight pullback) • Stop Loss (SL): 2882.00 (Below the recent support on M15) • Take Profit (TP): 2909.00 (Key resistance on H1) Risk-Reward Ratio (RRR) • Risk: 9.3 pips • Reward: 17.7 pips • RRR: 1:2 FUSIONMARKETS:XAUUSD