Last Friday, gold moved exactly as expected, reacting beautifully to the marked zones and following the analysis line. Additionally, the 4-hour curved channel was broken. ? For this week, we still have a Sell outlook from these areas. ⚠️ However, due to the presence of equal highs on the 4-hour timeframe, the probability of this analysis playing out is slightly lower than previous ones. What’s your view on gold this week? ??
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
????USD/CHF: Possible Reversal Pattern? ? On the 4-hour chart of the USD/CHF pair, we might be seeing a reversal pattern – a triple top. ? On Friday and today during the Asian session, the base of the top at 0.90 was broken. Now, price is trying to test this key support level as resistance. If there’s a bounce and price doesn’t return above 0.90, we expect the triple top pattern to play out, with a gradual decline in the USD/CHF rate, targeting the first support level at 0.89. ? Looking at the 30-minute chart, the price is moving in a parallel channel with a slight upward slope. ? We are ready to open a short position if the price breaks the channel down. With low liquidity due to the US holidays, the breakout may happen either today or likely tomorrow when the market returns to normal. ?
Gold (XAU/USD) hovers around $2,900 after a strong rally. This reflects cautious sentiment amid a weakening USD and concerns over trade tensions. On the 4H chart, gold trades within a sideways channel, with key support at $2,853 and strong resistance at $2,943. The weakening USD and the Trump administration’s tariff policy continue to support gold. However, profit-taking pressure could cause prices to correct before the uptrend resumes. If XAU/USD breaks the $2,943 resistance with strong momentum, the uptrend could extend to $3,000. Conversely, prices could correct to the support zone if selling pressure increases before bouncing back.
Next moves schematic maybe little correction at 0.42 then start rally
After a strong autumn up impulse, Bitcoin price has been moving in an ascending channel for 100 days now. An extremely long consolidation and now the time is coming when the next movement will lay the base for the year trend. Everything will be decided now, here in this ascending parallel channel.
? Market Structure & Trend #Cake is currently in a strong uptrend, forming higher highs (HHs) and higher lows (HLs). This is a classic sign of bullish momentum. ? Key Breakout Zone We are watching the resistance level: 2.950, which aligns with previous HHs. A breakout above this level could trigger another strong rally. ? Trade Plan & Entry Strategy Breakout Entry: Above 2.950 with confirmation Stop Loss: Below recent HL for proper risk management Targets: First TP at 3.220, extended TP at 3.416 ? Indicators & Confirmation RSI: Above 50, indicating bullish strength Volume: Increasing, signaling strong participation Moving Averages: Aligning for an uptrend What’s Your Take? Do you think #Cake will break out or face resistance? Drop your analysis in the comments!
i see potential base on audusd h4, and then make confirmation on lower timeframe...i plan for sell position with ration 1:5
Use proper risk management Looks like good trade. Lets monitor. Use proper risk management. Disclaimer: only idea, not advice.
The FTSE (UK100) index price action sentiment appears bullish, supported by the longer-term prevailing uptrend. The key trading level is at 8695. swing low. A corrective pullback from the current levels and a bullish bounce back from the 8695 level could target the upside resistance at 8800 followed by the 8830 and 8916 levels over the longer timeframe. Alternatively, a confirmed loss of 8695 support and a daily close below that level could open a way for further retracement and a retest of 8655 support level followed by 8590 and 8540. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.