CFD
GOLD, Where is the next trade...The next possible Buy Zone is above the Support Level.
If the price will approach fast to the level and show a false breakout we can open Buy with low risk.
Share your thoughts if you have another vision.
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Before to trade my ideas make your own analysis.
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Potential Short for HKXHKDThe FOREXCOM:HKXHKD prices had been consolidating for quite a while and not creating any higher highs (HHs). Yesterday was a good setup to short after the compression was done, but I failed to catch it.
This morning, I saw another good opportunity to short with a condition that the price will close at 24,190 area.
Here is my personal trade opinion :
Sell Stop at 24,190
Stop Loss at 25,000
Take Profit at 23,125
Risk Reward Ratio = 1.35R
Disclaimer :
The analysis above for educational purposes only, I do not responsible for your losses. Please adjust your own lot-sizing according to your appetite.
If you are benefiting from my trade opinion, please buy me coffee .
As always, move your SL when you are in the profit zone.
NASDAQ ANALYSISNASDAQ broke major uptrendline
Price is in trading range between levels 10960 and 11564
Below SMA 100
Strong bearish wave (a) ended at level 10960
then corrective bullish wave (b) occurred and rejected from 38.2% Fibonacci level at 11534
we r waiting price to break key level at 10960
to open short trade
It's expected forming bearish wave (c) to target support level at 10320
GOLD, Looks like Bullish now...The price broke the triangle I showed earlier. Now it looks bullish.
If it will break the previous high near 1992 we will get a fully bullish situation.
I have no clear entry point here so, I don't open a buy position.
Stay wise and patient!
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Before to trade my ideas make your own analysis.
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UKOIL is close to Sell Zone!If the price will cross the Support Level and fix below we can open the Sell position.
The squeezing above tells us it accumulates the power before breaking the level.
The potential profit will be 3 times bigger than the risk.
Push like if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Write your comments and questions here!
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GOLD ANALYSIS GOLD retested broken downtrendline
Price is based above HVN at level 1930.65 which indicates that gold is in accumulation phase
GOLD is forming inverted head and shoulders pattern
MACD shows bullish momentum
RSI is above level 50
we r waiting price to close above key level at 1940.40 to open long trade
It's expected to target resistance level (1)