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XAUUSD > Detailed Analysis and What to Look For!Analysis of #XAUUSD I got many requests to analyze Gold, thanks to everyone who messages. The gold market was in a downtrend which I warn about in my latest analysis for gold, now the market is in rotation mode, meaning it is not valid for sell as it broke previous lower highs and it is not in an uptrend as we still need a confirmation we have second higher lows and we can get that if market breaks and closes above 1870. we have 2 possible scenarios. the market breaks and closes above 1870 this will open the door to go to 1900-1910 next resistance. the market breaks down and closes below 1840 and this will resume the downtrend to retest the 1800-1790 support level ________________________________________ 💭 | Comment your thoughts below, I always answer. 📥 | Feel free to message me if you have any questions. Thanks for your continued support!
OANDA:XAUUSD
by TheTradersAvenue
13
USDCAD > Perfect Bullish Cypher Pattern.Analysis of #USDCAD The USDCAD might continue to the downside as Oil keeps on claiming, it is expected the CAD will gain more strength. you can see on the chart we have a beautiful bullish harmonic Cypher pattern that might complete the D leg completion near the 1.2600 number, however, if you choose to get in at the first entry you are going to have a big SL. my preference is to wait for the market to further down to my structure support zone near 1.2500 and watch market action inside the zone to see if we get a confirmation we are moving higher from the zone ________________________________________ 💭 | Comment your thoughts below, I always answer. 📥 | Feel free to message me if you have any questions. Thanks for your continued support!
Long
by TheTradersAvenue
12
Bullish Pennant on FKLI Bullish pennants are continuation chart patterns formed after strong moves and appear in a bullish market. Just like its name suggests, it signals that bulls (buy side) are about to go a-chargin’ again. Because of this, the price usually consolidates and forms a tiny symmetrical triangle, which is called a pennant. The sharp climb in price would resume after that brief period of consolidation when bulls gather enough energy to take the price higher again. outlook: the price will made another strong move upwards after the breakout. Entry order and position to take Long order (buy) above the pennant Profit target can be set above the breakout of the pennant based on the size of the first flagpole at the beginning of the formation. Protective Stop loss At the bottom of the pennant
MYX:FKLI1!Long
by SirPoji
AUDUSD > The Best Place for A Sell..Analysis of #AUDUSD AUDUSD broken trend line support after the market made a strong top as laid out on the chart, now I am looking for classic broken trend line entry if and when the market makes a retracement to test trend line again which also a Fib 0.618 level which will make a good entry with a stop just above the top targeting the next level of support. ________________________________________ 💭 | Comment your thoughts below, I always answer. 📥 | Feel free to message me if you have any questions. Thanks for your continued support!
Short
by TheTradersAvenue
21
EURUSD > Looking for A Buy Soon!!Analysis of #EURUSD following up on my previous idea on EURUSD the market broke as predicted now I am looking for a reversal pattern side my structure support zone which was previously a resistance now turned to support, if the market provides me a valid reason inside the zone I will then get in a buy trade targeting the next level of resistance ________________________________________ 💭 | Comment your thoughts below, I always answer. 📥 | Feel free to message me if you have any questions. Thanks for your continued support!
Long
by TheTradersAvenue
12
$EURUSD - Channel breakoutHi guys! 👋🏻 🔔 The FED's rate hikes announcements are not the only factors which weaken the DXY 🔔 GB retails sales and German PPI beat the forecasts today and gave these two pairs a smooth boost. 🔔 US had a negative home sales and jobless claims data announced yesterday. Petrol prices hit records, yet FOMC Chairman noted that to beat the inflation the FED will continue rising rates and ready to sacrifice the US economy. 🔔 The technical analysis already pointed the strength of Euro when it stopped it's decline at 1.0367, and now EURUSD seems to continue it's local uptrend move but needs to close above the channels upper border. When the breakout is confirmed, the uptrend could continue up to 1.073 - 1.076 ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.
Long
by azizelliott
EURCAD > Bearish Harmonic Bat Pattern At Entry!!Analysis of #EURCAD bearish harmonic pattern near strong supply zone also structure resistance zone whee the market showed a bearish reaction. we can enter using limit order at D leg completion or wait for a further push to structure zone and see the market reaction on the lower time frame looking for a confirmation ________________________________________ 💭 | Comment your thoughts below, I always answer. 📥 | Feel free to message me if you have any questions. Thanks for your continued support!
Short
by TheTradersAvenue
21
GBPUSD > Important Levels for Trading, Buys, and Sells.Analysis of #GBPUSD The pound might soon reach its structure resistance zone where traders showed interest in selling the market, and we all witnessed last week the dollar did have one of its worst weeks. I laid out on the chart 2 levels that interest me to get in this market and execute a trade. if the market comes to test my structure resistance level I will then look for a valid reason to get in a sell entry. if the market falls back to its trend line support also structure support zone near strong number 1.2500 I will then look for a valid reason to get in a buy. ________________________________________ 💭 | Comment your thoughts below, I always answer. 📥 | Feel free to message me if you have any questions. Thanks for your continued support!
by TheTradersAvenue
12
EURNZD > A Fantastic Bullish Harmonic Bat Pattern.Analysis of #EURNZD A fantastic bullish harmonic bat pattern might complete near important demand zone also previous swing low and a strong number 1.6200. waiting for a push to my entry zone to see if the rules for entry will be met to get in a buy trade. ________________________________________ 💭 | Comment your thoughts below, I always answer. 📥 | Feel free to message me if you have any questions. Thanks for your continued support!
Long
by TheTradersAvenue
16
EURUSD > How to Buy and When!Analysis of #EURUSD The EURUSD made a not convincing breakout to trend one resistance, I am waiting for a break and close above structure resistance zone recent high above 1.0640. If i get the breakout and close above my resistance level is will then look for trend continuation entry as i believe this move will continue to the upside and maybe retest 1.0800. Important: If the market fails to break to the upside, I am not interested in selling now ________________________________________ 💭 | Comment your thoughts below, I always answer. 📥 | Feel free to message me if you have any questions. Thanks for your continued support!
Long
by TheTradersAvenue
3
AMD leading investors into a trap?$AMD continues to rally on the second day of this week in the middle of Fed meetings. AMD has been a hot stock to play in the semi-conductors sector after its stellar earrings a few weeks back. Volume increased also for this first quarter of this year compared to last year. seems like everyone wants to get piece of AMD before its start to rally again back to 160. i think AMD with their back-to back-to back performance and beating the ER expectations this stocks is ready to rally to its all-time high. But with the current market, where recession is just around the corner due to inflation. Along with geopolitical problems, supply chain issues and shortages of labor, are making the market unstable, along with tech stocks and other commodities. Here's my #STRAT strategy for AMD. if you swing AMD from today, your next target for profit exit is 109.74 ( labeled with blue line) if AMD breaks below 94.80, this will be your entry for puts and exit for profits at 90.48. Hello everyone, Welcome to this free technical analysis . ( mostly momentum play ) I am going to explain where I think this stock might possibly go the next day or week play and where I would look for trading opportunities for day trades or scalp play. If you have any questions or suggestions on which stocks I should analyze, please leave a comment below. If you enjoyed this analysis, I would appreciate it if you smash that LIKE button and maybe consider following my channel. Thank you for stopping by and stay tuned for more. My technical analysis is not to be regarded as investment advice. but for general informational purposes only.
NASDAQ:AMDLong
by CHRIS_B58
AUDJPY > My Favorite Setup for The Day..Analysis of #AUDJPY A bearish harmonic Gartley pattern might complete near strong downtrend line with strong bearish structure resistance this makes it my favorite setup for the day. if the market completes my harmonic Gatley I will wait to let the market push further into my structure zone to get in sell trade with favorable risk to reward. ________________________________________ 💭 | Comment your thoughts below, I always answer. 📥 | Feel free to message me if you have any questions. Thanks for your continued support!
Short
by TheTradersAvenue
20
AUDUSD > Bearish Harmonic Bat PatternAnalysis of #AUDUSD Another bearish harmonic bat pattern similar to the one in the previous analysis on USDJPY might complete near a strong supply zone where the market shows strong bearish momentum to the downside. I will be extra careful here before entering short and look for a reversal pattern before entering a trade here as this structure has never been tested before and the market might go through it. ________________________________________ 💭 | Comment your thoughts below, I always answer. 📥 | Feel free to message me if you have any questions. Thanks for your continued support!
Short
by TheTradersAvenue
14
USDJPY > A Possible Bearish Harmonic Bat Pattern..Analysis of #USDJPY A possible bearish harmonic bat pattern might complete near a strong supply zone where the market shows strong bearish momentum to the downside. will be watching this pattern if it will complete it will provide a strong reason to get in a sell trade if the rules for entry are met. ________________________________________ 💭 | Comment your thoughts below, I always answer. 📥 | Feel free to message me if you have any questions. Thanks for your continued support!
Short
by TheTradersAvenue
5
EURJPY > Strong Bullish Trend, Looking for A Buy!!Analysis of #EURJPY a beautiful bullish uptrend within a rising channel so I am only looking for a buy for now. if the market comes and tests my trend line support also structure support level I will then drop a one-time frame looking for a buy entry to target the previous highs ________________________________________ 💭 | Comment your thoughts below, I always answer. 📥 | Feel free to message me if you have any questions. Thanks for your continued support!
Long
by TheTradersAvenue
15
EURJPY > Confirmed HS Pattern, Looking for A Sell.Analysis of #EURJPY Confirmed head and shoulders pattern with clear structure level to look for a sell if and when the market makes a retracement to structure level near strong number 1.3700 I will then drop one-time frame look for a reversal pattern to get in a sell trad targeting the previous low ________________________________________ 💭 | Comment your thoughts below, I always answer. 📥 | Feel free to message me if you have any questions. Thanks for your continued support!
Short
by TheTradersAvenue
17
EURNZD > Amazing Uptrend, Still Looking for A Buy!Analysis of #EURNZD i previously published an idea on this exact setup and indeed it worked and hit tp, now the same setup but with little less confidence as the trend line has been used 5 times before hence, I have currently have less confidence in this trade than when it hit for the fifth time. I will be waiting to see if the market will come for the sixth touch looking for a reversal pattern on the lower time frame near trend line support similar to the double bottom that happened previously when it touched for the fifth time. if the market did not stop at trend line support I would still be looking for a buy as the trend still to the upside as long as we are above 1.61500. ________________________________________ 💭 | Comment your thoughts below, I always answer. 📥 | Feel free to message me if you have any questions. Thanks for your continued support!
Long
by TheTradersAvenue
5