The EUR/USD 4-hour chart shows a recent downward movement after reaching peaks around 1.0950. Price action indicates a bearish momentum developing, with the pair currently trading at approximately 1.0815. We are expecting a pullback to occur first to the reaction zone marked on the chart (approximately 1.0730-1.0750 area, highlighted in blue), which represents a significant fair value gap. Traders should wait for the price to reach this zone and then look for signs of a bullish reversal, such as candlestick patterns (like hammers or engulfing patterns), divergences on oscillator indicators, or increased buying volume. This reaction zone could provide an attractive entry opportunity for long positions if bullish confirmation signals appear, potentially initiating a new upward movement from this established support area. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
bitcoin dried up movement m30 lower structure retest use proper risk management
The spot gold price is $3023.61/ounce, down $20.95 from the previous trading day, a drop of 0.7%. The following are the main factors affecting the gold price and the operation strategy: Influence of news Economic data: The third person in the Federal Reserve and the president of the New York Federal Reserve, Williams, will give a speech, and his remarks may affect market expectations. If he releases a dovish signal, it may support the gold price; if he is hawkish, it may suppress gold. The market generally expects the Federal Reserve to cut interest rates at least twice this year, and the cumulative rate cut may reach 69 basis points. Williams' attitude towards rate cuts will affect the trend of gold. Geopolitics: The situation in Russia, Ukraine and the Middle East continues to be tense, which has increased the market's risk aversion sentiment and usually supports the gold price. If the situation eases, the supporting factors of the gold price may weaken. Technical analysis: The gold price shows a high-level oscillation pattern, with strong suppression near $3050 above and Bollinger middle rail support in the $3020-3025 range below. The hourly line shows that short-term bears are dominant, but there is support in the $2990-$3000 range, which may trigger a rebound. The KDJ indicator turned upward in the oversold area, suggesting that there may be a rebound demand in the short term. Operation strategy: Long strategy: Light long near $2990-3000, with a stop loss below $2980. The target price first looks at the Bollinger middle rail range of $3020-3025. If it can break through, it can further look to around $3035. Short strategy: Light short near $3045-3050, with a stop loss above $3060. The target price first looks at $3030. If the short force is strong, it can be further looked down to around $3015. Summary In the short term, the price of gold is greatly affected by the speeches of Fed officials and the geopolitical situation, and there is a possibility of rebound and decline on the technical side. Investors should flexibly adjust their operation strategies according to market dynamics and technical indicators to control risks.
For the next few weeks, I still expect BAC to make new lower lows, with the green zone just above 43 serving as resistance.
*EUR/GBP: Breakout Sell *Trade Details:* - *Sell Entry:* Breakout below 0.83500 - *Target Price:* 0.82200 (130 pips) - *Stop-Loss:* 0.84415 (90 pips) *Market Analysis:* The EUR/GBP pair is experiencing a bearish trend, driven by Brexit uncertainty, ECB's dovish stance, and UK economic resilience. *Key Events:* - UK PMI data - ECB meeting minutes *Trading Strategy:* Sell EUR/GBP on breakout below 0.83500, with a stop-loss at 0.84415. Use target level to take profits or adjust stop-loss to break even. *Risk Management:* - Risk-Reward Ratio: 1:1.5 - Position Sizing: 2-3% of trading capital Remember the Travis with best wishes if you got it profitable ?
This week, the long position signal on USDJPY at the 1.28500 level has already started yielding profits. As we look ahead to next week, it is advisable to commence position closing once the price reaches the pre - determined target levels. Rest assured, I will persist in furnishing precise trading signals. I will share trading signals every day. All the signals have been accurate for a whole month in a row. If you also need them, please click on the link below the article to obtain them.
GBPAUD formed a bump and run pattern at the resistance, from where price is getting rejected several time soon will be cooling down, if not may rise too high as 5.087 and then may reject form this area which is weekly resistance area. You can enter now or wait to reach 5.087 and then enter.
Currently, DOGE is forming an ascending triangle, indicating a potential price increase. It is anticipated that the price could rise, aligning with the projected price movement (AB=CD). However, it is crucial to wait for the triangle to break before taking any action. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.? _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and ?Follow?! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
The price is moving within an ascending channel and, after a retracement to its resting zone around the 0.5 and 0.618 Fibonacci levels, it is showing signs of a bullish reversal. Given this structure, look for long trade opportunities in the lower timeframes in the upcoming week, especially if bullish price action confirmation appears.
From the last time, the Combined US equity indexes did keep into the Extension Zone (EZ) as marked out. This Zone is defined from the lowest point of the TD Setup and the range is determined by the range of the candle that has the lowest point, this case being Candle 9 (4 March). So after the expected two week in the EZ, we see an indication of the week ahead to continue the Sell Setup and break out of the EZ for the week, at least from mid-week where it would be candle 9. According to TD rules, this Sell setup is NOT bullish, and can be expected to turn further down from resistance (Orange Line). This orange line is determined from the weekly chart where there is an ongoing TD Buy Setup (bearish) that needs to be kept intact for the trend to continue. So, based on the techincals, the combined US equities may be seeing a last week of bullishness which goes through the yellow ellipse, then face strong resistance and continue the main Bearish trend (as depicted by the prevailing Buy Setup (20Feb to 4Mar). Noted that the main trend changed to Bear once the TDST was broken down on 3Mar. Here are very good live examples for those keen on (Thomas) Demark indicators; watch and wait for it to develop...