Considering the recent movements of this currency in the past weeks, we can expect an upward movement from the specified area
That wick high in H4 needs to be taken and before that happens, price should pullback (sell) to 2396 then if that zone holds it means price should bounce from there to likely take that high... we'll then see what price does next from then. Total move Probable sell to 2396 from current zone- 150 pips Probable buy it the zone holds from 2396 to take the high at...
My bias this week is to look for nearby sell opportunities as we approach a strong supply zone on the 21-hour chart. I will wait for a Wyckoff distribution to unfold, likely on Monday or Tuesday, to take sells back down to the next demand zone. Since the equal highs have been swept, I expect the price to slow down and provide a clear entry model for shorts....
If you are looking for a catalyst the helicopter crash is as good as any I'd suggest- which sound plausible but oil is asleep. And gold has been a tear for quite a while. The latest on the chopper crash is a Turkish drone has sighted the wreckage. rescue teams are about 30 minutes away. A helicopter carrying Iranian President Ebrahim Raisi has suffered a "hard...
DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 20 May 2024 BUY LIMIT Order: $2392.65 Stop Loss: $2373.77 Take Profit 1: $2411.28 Take Profit 2: $2436.06 Risk per trade: 0.5%. MT4/5 trade expiration: Today 100% mechanical strategy, zero analysis, zero...
My opinion about this currency pair is clear in the picture. For now, I have a bullish opinion. I will have to see the performance of the market in the next few days
Gold fields a pull back is at play on the weekly chart a continuation to the upside is possible
Overview: After the special trading session on Saturday, NIFTY reached the upside target of 22518, which is the lower band of our profit booking range (22518 - 22586). Due to limited market participation, the price change was insignificant. Here’s what to expect for the trading session on Monday, 20-May-2024, considering different opening scenarios and potential...
✅DXY is trading along the rising support line And as the index is going up now After the retest of the line I am expecting the price to keep growing To retest the supply levels above at 105.000 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
The hat stays on CRYPTOCAP:WIF for $20+ Hat stays on Cute dog Hat stays on
price can reach 82.28 if it trade above the 79.79 resistance area
Fair value gap with order block in 15m to 5m timeframe bullish move is
Xauusd have the potential of falling to 2400 using the Fibonacci tool. Here we can see that price is struggling to break higher and we can execute a trade to the downside Use proper RR and monitor your trade
Right now im waiting to see how we react after we sweep the SSL that is above the OTE of the current price range If i will see bearish confirmations on LTF i will long targeting the daily - fvg If i will not see a confirmation i will wait for the daily +fvg to be hit, its lower probability but its possible
the price respecting the premium arrays and am expecting a strong dollar targeting last weeks high
average short from ath is underwater. av long is in the money. party just getting started.
XAUUSD has completed its third bullish leg, driven by the recent news of Iran's president's death. Now, it looks poised to enter a pullback phase. Scalpers can consider taking advantage of sell opportunities during this correction. However, it's important to remember that selling in a strong bullish trend carries inherent risks. Always use proper risk management...
Wheat plays a critical role in global agriculture and trade. Extreme weather has turned wheat prices bullish, rising more than 22% in a month after having languished for more than two years. After reaching their lowest level in more than three years in March 2024, prices have rebounded strongly. Wheat rally is driven by extreme weather events in multiple places...