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EUR/GBP is currently trading at 0.842, with a target price of 0.852, indicating a potential gain of over 100 pips. The analysis is based on the support and resistance pattern, with the pair currently positioned at a resistance level. A minor retracement or retesting of the resistance is expected at this stage. This retracement is a healthy part of the price movement, allowing the market to gather momentum for the next bullish wave. After the retest, a strong upward trend is anticipated, potentially breaking past the resistance level toward the target price. Traders should monitor this retracement closely to identify optimal entry points. The analysis reflects a bullish sentiment, supported by technical levels. However, proper risk management should be maintained. This trade setup aligns with the principles of technical analysis and trend continuation.
Gold future contract was traded in an up trend for the past following days, after the huge correction we had from 2760 to the ~2600 level. from there - we gained momentum and buyers that took the price all the way up to 2710 again. yesterday we got a big daily correction candle that took us back to 2680. 2675-2680 is a big AOI for this asset, and I expect buyers to come in and make the price bounce around 1% back up (2700-2710), where I will want to take profit and recalculate the odds for holding it to 2750 or let go. Stop would be bellow 2670-2675, good luck BHNVN
Nifty Elliot wave Analysis- Expected to continue upward journey
Looking for a Breakout for This Pair This pair has been consolidating within the $0.43–$0.32 range , and a breakout appears imminent. The direction of the next swing trade will hinge entirely on whether the breakout occurs to the upside or downside. https://www.tradingview.com/x/n3l4RaqT/ Patience is key — let’s see where the momentum takes us! ??
CRYPTOCAP:SOL on dayli support and 200ema (yeah I use 200ema a lot :) ) it can growup
#XAUUSD price formed a double price rejection, now it have corrected and now trying to cover the bullish range. Possible we buy below 2664 and take profit above 2686-2695, Stop loss below 2656. Price have bullish confirmation above 2672 also. But if price breakout below the 2655 then price is full bearish.
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