Amazing chart in weekly, 3D and daily chart. It looks like the liquidity is starting to build for the next big move. There are two strong FVGs at this point that I suggest you check out.
Following stronger-than-expected EUR PMI results, EUR/USD surges this Friday, posting over 2.30% weekly gain to trade around 1.0515, though it is facing resistance near 1.0525. This recovery follows Monday's Jan. 13th low of 1.0177, the lowest price level since November 21, 2022. The dollar showed notable weakness in the cause of the week, with the dollar index (DXY) declining to 107.27. This provided momentum for the bullish movement in EUR/USD, further strengthening the pair. From a technical perspective, sellers may attempt to push the price back to the 1.0441 support level, where buyers could step in to regain momentum. A successful break above the 1.0525 resistance could open the door for a test of 1.0603. Conversely, if sellers manage to push the price below 1.0400, the next potential downside target lies at 1.0369. Breakouts beyond these levels remains possible. Later today, the release of U.S. Manufacturing and Services PMI at 6:45 PM GMT+4 could play a key role in determining the next direction for EUR/USD. These data points will likely influence volatility and provide further clarity on the pair's trajectory.
First of all, send me a private message for any advice on investment, trading, buying, gold, etc. I can trade with your basket. Making big profits?????. Bitcoin analysis: Bitcoin seems to have to retest the level it struggled to break for nearly 230 days.I mean the price is 70-73 thousand dollars As much as the amount of good news is good, but the price should increase in real terms Wait for 70???
https://www.tradingview.com/x/jYw0cRjh/ XLM looks bullish after a test of a key support. The price broke and closed above a resistance line of a falling wedge pattern on a 4H time frame. The coin may continue rising at least to 0.4527 level. ❤️Please, support my work with like, thank you!❤️
This chart is an analysis of the XAU/USD (Gold vs. US Dollar) market on the 1-hour timeframe. Here's the breakdown: 1. Trend Overview: The price is moving in an upward channel (marked by parallel yellow lines), indicating a bullish trend. There was consolidation earlier, as shown by the blue shaded channel, but the breakout above this zone signals bullish momentum. 2. Key Levels: Demand Zone (Resistance): 2840. This is highlighted as a potential resistance area where the price may struggle to break higher. First Take Profit (TP): 2800. This is the initial target for profit-taking based on the analysis. Stop Loss (SL): 2748. The stop-loss level is set below recent price support to minimize risk in case the market reverses. 3. Price Movement Expectation: The yellow arrows indicate an expected upward movement. The price is predicted to move towards 2800 (first TP) and possibly continue towards 2840 (demand zone). Pullbacks or retests are expected along the way to maintain the bullish structure. 4. Risk Management: The stop-loss at 2748 ensures risk is contained if the upward momentum fails. The chart suggests entering around the current level (2773) to target the resistance levels while maintaining proper risk-reward. This setup relies on the continuation of bullish momentum, with clear entry, target, and risk levels defined
As firstly discussed on title of my yesterday's session commentary: "Gold reversed however Bullish potential remains strong" and in discussion: "My position: Game plan is simple, Buying Gold above #2,752.80 benchmark again and #2,742.80 break-out to the downside has #2,700.80 benchmark on aim." Fundamental analysis: The inability to pierce aggressively below #2,742.80 Support on Hourly 4 chart along with the sharp fall on equities and DX taking strong hits, are putting Gold (Xau-Usd Spot) under heavy Buying pressure again. At the same time DX has made a new multi-Month Low’s, and the fact that Gold was still more or less stationary when DX was in the same manner leads me to believe that Short-term correlation is not switched (Gold - DX / my main correlation and point of interests at the moment) and capital drawn from DX is making Investors park their capital to Low-risk assets such as Gold which is soaring at the moment. DX Bottom rejection is preventing steeper uptrend on Gold, defending the #2,772.80 - #2,782.80 Resistance level comfortably. Same configuration suggests that as long as DX is Trading near local Low’s, while Bond Yields engages movements within Neutral Price-action Rectangle, Gold will Trade under heavy Buying pressure. In any case the Hourly 4 and Daily chart Technicals suggest that if #2,772.80 firmly gets invalidated, I should be seeing #2,785.80 - #2,792.80 configuration next and #2,800.80 psychological benchmark (record High's) in extension. Keep your Buying orders and Trade accordingly.
Price is in bullish trend with no bearish divergence. Entry is at fib retracement 0.618. SL is below last HL.
The chart shows confirmation of a bearish structure, aligning with the Quasimodo Level (QML) strategy. I identified an order block on the 15M timeframe, from which I expect a rejection downward. The target is the lower FVG (Fair Value Gap), located below the current price. Strategy: Enter short from the order block aligned with the QML after confirmation. Place the stop-loss above the order block. Take-profit at the lower FVG level. This strategy leverages market structure and imbalance zones for precise entries. Watch for volumes and additional confirmations on smaller timeframes!
GBPUSD is in a descending channel above the trend lines. The price is moving from the lower boundary of the channel. The chart has approached an important resistance level, which coincides with the 50% retracement level. We expect the growth to continue in case of successful consolidation above the resistance level. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
Everything is in accordance. Lets hope If we not going below the trend line, I would expect it in next 3 months.