Gold (XAU/USD) appears to exhibit a bullish trend today, with the potential to reach highs in the range of 2790 to 2797. The optimal buying zone is identified between 2767 and 2762.
Welcome Forex Traders, Degens & Gipsies. DegenJake here with quite an interesting chart. Lets get quickly to the point we see GBPJPY looking to take a liquidity towards the upside then ultimately reversing and taking itself out toward the bottom side. Perhaps breaking the trading range and continuing downward through the weekly liquidity horizontal (BLUE RAY).
Our technical rating for ADRO is sell, according to our 1 week rating the strong sell trend is prevailing, and 1 month rating shows the sell signal. We expected that price would be going to 2000-1900 area before bullish.
BANK NIFTY has formed a base and is showing tendency to reverse from the Lows. Higher Lows are being formed. Price had rejected the Weekly Pivot and is now holding it which means that there is Buying happening. In most likelihood, there will be a short covering reversal. Target - 50,200 SL - Todays' low.
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CME_MINI:NQH2025 - PR High: 22018.50 - PR Low: 21995.75 - NZ Spread: 50.75 Key scheduled economic events: 09:45 | S&P Global Manufacturing PMI - S&P Global Services PMI 10:00 | Existing Home Sales Holding highs of previous 2 sessions - Previous session closed as inside print, still advertising 22100 pivot - Partial QQQ gap fil Session Open Stats (As of 1:15 AM 1/24) - Weekend Gap: N/A - Gap 10/30/23 +0.47% - Session Open ATR: 367.58 - Volume: 57K - Open Int: 251K - Trend Grade: Bull - From BA ATH: -1.9% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 22667 - Mid: 21525 - Short: 19814 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions. BA: Back Adjusted BuZ/BeZ: Bull Zone / Bear Zone NZ: Neutral Zone
entry: Current Market Price take profit: 0.95555 stop loss: 0.93330 EUR/CHF is trading in an uptrend and has broken through the key support level at 0.94145. This bullish breakout signals a potential continuation toward the target at 0.95555. LONG ? ✅ Like and subscribe to never miss a new analysis! ✅
If you follow my ideas, you know they are intended for more than just one day—typically lasting at least a week. Sometimes the price may hit the targets in a single day, while other times it may take longer. Anyway, this is another analysis using price action, curves, and triangles—just that! Please pay attention to the danger zone and set your stop loss. If the price breaks the stop loss, the idea will be considered invalid. Here are my other ideas: https://www.tradingview.com/chart/NOTUSDT/q3O1fcgD-NOTUSDT-BULISH-IDEA-AFTER-LONG-TIME/ https://www.tradingview.com/chart/FTMUSDT/cMtklf4L-FTMUSDT-BULISH/ https://www.tradingview.com/chart/BTCUSDT/txT4HGdi-BULISH-BTCUSDT-THE-CURVE-LINES-SPEAKING/ https://www.tradingview.com/chart/XLMUSDT/iS0LTu2f-XLMUSDT-BULISH/ https://www.tradingview.com/chart/XRPUSDT/DaBcMML7-Bulish-XRPUSDT/ https://www.tradingview.com/chart/HBARUSDT/42UyN7is-HBARUSDT-BULISH/ https://www.tradingview.com/chart/FTMUSDT/QcQQvHmw-FTMUSDT-Correction-Levels/ https://www.tradingview.com/chart/FTMUSDT/nAr8webM-FTM-USDT-Bulish-and-Correction/ https://www.tradingview.com/chart/FTMUSDT/yjGaSNYK-FTMUSDT-TARGET-PRICES-1H/
Looks like we're already corrective here and prices will continue to fall for a while.
This chart represents a technical analysis of the GBP/USD currency pair on a 1-hour timeframe. Here’s a detailed breakdown of the analysis: 1. Current Price Level: The price is trading around 1.24152, as shown by the highlighted blue "BUY" box. 2. Resistance Zone: A horizontal yellow line marks the key resistance zone around 1.2460–1.2547. This is where the price might struggle to move higher. A stop-loss level is clearly indicated at 1.25474, suggesting this is the invalidation point for short positions. 3. Support Zone: There is a clearly marked Target Zone at 1.22016, which serves as the price's potential downward target if the bearish scenario unfolds. The yellow horizontal lines below the current price represent support areas where buyers might re-enter the market. 4. Bearish Scenario: The blue arrows show a projected downward movement, indicating a possible price rejection from the resistance zone and a decline toward the 1.22016 target zone. The analysis suggests a head-and-shoulders pattern, with the red curve marking the "head" and signaling a bearish reversal. 5. Volume Profile: The bars on the right indicate trading activity at various price levels, showing a concentration of volume near current levels, which may act as resistance. This analysis seems to favor a bearish outlook, expecting a price drop after rejection at resistance. However, it is also safeguarded by a stop-loss to manage risk if the price breaks above the resistance.