I will buy XAUUSD because :
It has been taking support at the trend line .
It has touched the trend line 4 times and has not been able to break it.
So will be looking at buying opportunities.
Entry : 1897
Target : 1915
Stop loss : 1892.94
will go SHORT on AUDUSD because:
1) The price is forming a Chanel or Rectangle Pattern .
2) The price also broke the trend line .
3) The price is also under Support/Resistance zone.
4) It has touched the resistance.
5) Target would be the Support area . Book profit when it reaches the support zone .
ENTRY : 0.71610
FIRST TARGET : 0.71373
STOP LOSS : 0.71633
Hello Traders,My current analysis on this trade is really a good risk reward ratio 1:3 .As per last week analysis the price is currently sitting at a key support level and did not push further down.There a lot of buyers in the market currently which gives us a good opportunity to enter buy side at 107.41.Hopefully we close this trade on positive side.Please feel...
This pair, last 2 weeks its been moving inside the box , after May started its expected to go up but in contrast, gold against dollar pair is moving sideways.. after the strong bullish move from 1483 on March mid to 1747 on April Mid. and it clearly get itself into a accumulation zone.
I am not surprised if this moves in the similar way for the coming few weeks...Thanks
GBPUSD is fails to break the strong resistance level of 1.25000, Price under the control of bears and it clearly shows the path towards down , this week it may touch the price of 1.20000 and further more, hope it will turns up from 1.19 price...
USOIL is recovering, or at least has stopped going further down. Currently consolidating in a $3 range B/W 49.40 - 52.30 in last couple week (check Magenta rectangle).
Currently trading at 59.02 (19.30 pm GMT+5.30) which also happen to be a strong resistance from the current level. If it breaks the asset will go into a buffer zone as we can see a DOUBLE BOTTOM is...
xauusd buy side view FOREXCOM:XAUUSD
🔵SWING SIGNAL🔵
🤟IMPORTANT - THIS IS A SWING SIGNAL, I WILL BE RISKING VERY SMALL AND STACKING AS THE MARKET MOVES IN MY FAVOUR🤟
👉 PAIR : XAUUSD BUY STOP
👉 ENTRY : 1993.000
👉 SL : 1983.850
👉TP 1 : 2004
👉TP 2 : 2029
this is for educational purposes only - I am not a financial advisor
Yesterday after the US Cpi, Dollar moved on the upper foot and turned strong, And hence there was a short selling across on Commodities, Today we will expect an impulsive force from this level for Re-selling Gold again.
Possible AUDUSD trade idea
can look for buys from above mention level
above setup is 1:3 RR
please manage risk properly
Enter at your own risk !
Indicator based SMC approach.
follow and like for more such setups.
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FOREXCOM:AUDUSD
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if...
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Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your...
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Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see...
