XPTUSD | Cup & HandlePlease support this idea with LIKE if you find it useful.
Price formed a Cup & Handle. Moreover price already broke the Horizontal Resistance and confirmed the pattern. So we can initiate a long position with stop-loss below the Horizontal Resistance
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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
CFD
NATGASUSD | Rejected by Ichi CloudPlease support this idea with LIKE if you find it useful.
Price was rejected by Ichi Cloud, also by the higher boundary of the descending channel and 50 MA. We can expect more downside here
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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
XAUUSD | Possible Adam & EvePlease support this idea with LIKE if you find it useful.
Gold is possible forms an Adam & Eve bullish pattern. First part is already complete and if price will be rejected of the Horizontal Resistance the price is likely to form the second part.
In this case we can initiate a long position if there is a confirmed retracement from the area between 50% and 61.8% Fib levels.
Nevertheless if Gold produce a simple breakout of the Horizontal Resistance or 1700 level we can initiate a long position, because it will be a bullish sign on itself
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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
GOLD, $1704 is our target!The price is fixed above the intermediate level and it probably will touch $1704.0.
After that, I will wait for some pullback down.
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GOLD is above the Strong Key Level!After eleven attempts price didn't break the Key Level 1642.0.
Now it crossed up the Triangle and can rise higher.
But I don't see the clear entry point at the time.
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SPXUSD, Where to Sell?..The price can bounce off the Mirror Level 2854.0.
If you think about Buy position it will be better to wait for breaking the level.
This is a short term trade.
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XAUUSD | Cup & Handle + Rising Wedge Please support this idea with LIKE if you find it useful.
Situation is confusing with Gold, because we have a Cup & Handle and also a variation of Rising Wedge.
Because of this we have two work with confirmed breakout of either Horizontal Resistance or Horizontal Support, also the Ichi Cloud.
- In price breaks the Horizontal Resistance is broken then Rising Wedge will be invalidated and Cup & Handle continues working out. Also we will get a strong support below in this case.
- For bearish case we should wait for the breakout of the Ichi Cloud, because this will be an invalidarion of the Cup & Handle and Rising Wedge continue working
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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
XAUUSD | Descending TrianglePlease support this idea with LIKE if you find it useful.
Price formed a Descending Triangle and currently testing the support zone. If we have a confirmed breakout of the support zone then pattern will be confirmed and we can initiate a short position
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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
XAUUSD | Descending Broadening WedgePlease support this idea with LIKE if you find it useful.
Price formed a Descending Broadening Wedge. If we have the decline continues we can initiate a long position, but only if there is a confirmed retracement of the Ichi Cloud. Also we can initiate a long position if there is breakout of the pattern.
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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
XAUUSD | Cup & Handle Confirmed Update Please support this idea with LIKE if you find it useful.
Price was supported by Ichi Cloud support zone and both MAs 50 and 200. Now we finally have a breakout of the Horizontal Resistance, which is a confirmation for the Cup & Handle pattern. So we can hold the long position with Stop-Loss below the Horizontal
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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
NATGASUSD | Just Be Careful with GasPlease support this idea with LIKE if you find it useful.
Price did not fix above the Ichi Cloud resistance zone might lead to the leg down when market opens.
If the growth continues we will retest the higher boundary of the Descending Channel. In case there is a rejection we can initiate a short position
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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
XPDUSD | More DownsidePlease support this idea with LIKE if you find it useful.
Price was rejected by Resistance Node (50 MA, Ichi Cloud and the Resistance Trendline of the Descending Channel). It's more likely to continue the decline and retest the 200 MA
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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
XAUUSD | Cup & Handle + Three White Soldiers Please support this idea with LIKE if you find it useful.
Price formed a Cup & Handle pattern and we also have Three White Soldiers, alltogether on a Daily chart. In case there is a breakout of horizontal resistance it will be a confirmation for the pattern and the breakout of Ichi Cloud, so we can initiate a long position
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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
XAUUSD | Ascending Triangle Please support this idea with LIKE if you find it useful.
Price has been supported by Ichi Cloud support zone and 38.2% Fib level. In case price breaks the horizontal resistance zone the Ascending Triangle will be confirmed and we can initiate a long position.
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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
XAUUSD | Three White SoldiersPlease support this idea with LIKE if you find it useful.
Price formed a Three White Soldiers bullish candlestich pattern and currently it's been supported by Ichi Cloud support zone. So the growth is more likely to be continued.
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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
XAUUSD | Channel is Broken Update Please support this idea with LIKE if you find it useful.
Two sell zones worked out and we broke the Channel's support level. Also the support turned into resistance and the price was already rejected by the one. We can continue shorting it.
In case price makes a retracement we can initiate a short position if there is a confirmed rejection of the Horizontal Resistance (previously Channel's support)
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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
XAUUSD | Possible Retracement Please support this idea with LIKE if you find it useful.
Price is charting inside of the Channel. We can work inside of this formation.
In case there is a confirmed rejection of either Mid Line of higher boundart we can initiate a short position.
Also if there is a breakout of the Channel we can initiate a short position
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
XAUUSD | Evening Star + Breakout of the RangePlease support this idea with LIKE if you find it useful.
Price made a breakout of the Range, also the Ichi Cloud support zone. Also we have an Evening Star candlestick pattern. We can initiate a short position with stop-loss on the Range's support or little higher.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.