Pinning after exhaustion of sales. ?Purpose: 0.60156 I'll let you know when I record it manually. ‼️Risk per trade: 1% of the allocated funds for spot trading. Thank you!
This is aud/jpy analysis as we can see market has already shift from downsside to the upside direction moving towards supply zone.at the moment i prefer to buy after a pillback end by targeting supply zone.at supply zone we can wait to see market reaction before start looking for short/long setup.
How can we trade gold? And what is the outlook for it? Watch the video to find out. This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
Pinning after abnormal purchases. ?Purpose: 0.5669 I'll let you know when I record it manually. ‼️Risk per trade: 1% of the allocated funds for spot trading. Thank you!
RELIANCE has bottomed out. Price has been forming Higher Lows since 31 Dec 2024. Price broke out from 1267 levels, dipped and today's O=L candle confirms that Bulls have taken control. It is quite possible that RELIANCE will hit price level of 1382 in the Feb series. SL will be today's low.
The GBP/AUD pair is in a strong uptrend after a previous decline, and the price is now forming a symmetrical triangle, which is a continuation pattern. If a breakout occurs to the upside, further growth is expected. Technical Analysis: • Triangle Pattern: The price is consolidating within a tightening range of support and resistance. • Key Level: 2.01100– a critical breakout zone. • Expected Scenario: If the price holds above 2.01083, a move toward 2.02500+ is likely. • Confirmation: A strong breakout with volume and a candle closing above the triangle would provide a solid confirmation. Trade Plan: • Entry: After a confirmed breakout above 2.01083. • Target: 2.02500+ • Stop-loss: Below the triangle structure (around 2.00000). If the breakout happens to the downside, the market structure may shift, and a different scenario could play out.
The price perfectly fulfills my last idea. It hit the target. OANDA:XAUUSD market is currently forming a bullish flag pattern on the lower timeframes. However, upon examining the price action, it appears that the market is losing its bullish momentum. The price dipped below the previous resistance level, which could indicate a false breakout. On the daily timeframe, the last candle is a doji, suggesting indecision in the market. Given that we have high-impact news today, it’s possible that the price may experience significant spikes. I expect short term pulled from the resistance zone IF price presents sign of weakness at the resisatnce zone. My goal is support zone around 2790 https://www.tradingview.com/chart/XAUUSD/wtlOHGBD-Lingrid-GOLD-Weekly-PRICE-Action-ANALYSIS/ Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ??
In this video, we look how we could have avoided problems when trading the USDCAD, and how the outcome of the trade war, can be used to trade better in the future. This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
Massive purchases can now begin!! This is not a financial advice dyorr Enjoyyyy Buy and hold
Reliance Power Respecting the Trend Line, Look for volume spikes when the price touches the trend line. Higher volume during bounces or pullbacks can confirm the strength of the trend line.