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#GBPJPY: Important Bullish Pattern
GBPJPY is likely to keep rising, as a bullish breakout from the neckline of an inverted head and shoulders pattern suggests strong upward momentum.
The next resistance level is at 197.55.
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4-Hour/Hourly time frame
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My broker π
https://one.exnesstrack.org/a/u0exuwlj08
DOW JONES INDEX (#US30): Bear Trap & Bullish Movement
We see a clear example of a bear trap on πUS30 on a 4H time frame
The market initially breached and closed below a crucial support level but then rebounded, and formed an ascending triangle.
A buy signal will be triggered by a bullish breakout above the pattern's neckline, leading us to expect further growth towards 44658.
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4-Hour/Hourly time frame
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My broker π
https://one.exnesstrack.org/a/u0exuwlj08
Dollar Index (#DXY): Important Bearish Breakout
The Dollar Index has fallen below a key daily/intraday support level,
which has now become resistance.
A bearish trend is likely to persist, with the next target set at 98.15.
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4-Hour/Hourly time frame
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My broker π
https://one.exnesstrack.org/a/u0exuwlj08
#EURUSD: Time For Pullback
The πEURUSD pair reacted significantly to the highlighted intraday resistance zone following the market's opening on Monday.
After testing this blue structure, the market began to consolidate, creating a horizontal trading range on the hourly chart.
A bearish breakout below its support level signals a strong downward trend, suggesting a potential pullback from the resistance level, with a target of 1.1473.
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Hourly time frame
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My broker π
https://one.exnesstrack.org/a/u0exuwlj08
#USDCAD: Strong Bearish Signal?!
The πUSDCAD pair appears to be bullish following more than a month of consolidation.
The bullish breakout from a sideways range support serves as a strong confirmation signal.
Indicating an expected upward movement towards at least the 1.3950 support level.
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Daily time frame
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My broker π
https://one.exnesstrack.org/a/u0exuwlj08
Wishing you all the best this week!
Make wise trades, stay concentrated, and let the market come to you. π
GOLD (#XAUUSD): Very Bullish Setup
πGold experienced strong bullish momentum on Friday, breaking above a minor daily resistance with a confirmed Change of Character (CHoCH), suggesting a potential continuation of bullish trend.
Retesting the broken structure, the price formed a rising triangle on an hourly timeframe, with a breakout of its neckline serving as a strong intraday bullish signal.
I anticipate that the bullish trend will persist, targeting 3400.
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Daily/Hourly time frame
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My broker π
https://one.exnesstrack.org/a/u0exuwlj08
SILVER (#XAGUSD): Bullish Move Ahead
Silver reacted significantly to the highlighted intraday resistance level during Friday's New York session.
I noticed a small double bottom pattern and the emergence of a bullish engulfing candle. I anticipate a pullback to the 37.72 level.
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4-Hour/Hourly time frame
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My broker π
https://one.exnesstrack.org/a/u0exuwlj08
#GBPUSD: Pullback Trade Confirmed?!
πGBPUSD rebounded from the highlighted key support level,
As a confirmation signal i observed a strong bullish Change of Character (CHoCH) on the 4-hour timeframe following its test.
The target is set at 1.3350.
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4-Hour time frame
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My broker π
https://one.exnesstrack.org/a/u0exuwlj08
+5
Hello traders!
Take a look at the winning signals and forecasts I've shared with you!
βοΈ XAUUSD Bearish Forecast
βοΈ SPX500 Bearish Forecast
βοΈ GBPUSD Bearish Forecast
βοΈ NAS100 Bearish Forecast
βοΈ USOIL Bullish Forecast
βοΈ USDJPY Bullish Forecast
Improve your trading skills and performance today! Contact me at @linofx1999 to get started!
#CADCHF: Bullish Continuation After Consolidation
π CADCHF was consolidating for almost a month in a horizontal range on the daily chart.
Following a significant bullish surge, it broke above resistance yesterday.
The price is likely to continue rising, with targets set at 0.5913 and 0.5940.
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Daily time frame
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My broker π
https://one.exnesstrack.org/a/u0exuwlj08
SILVER (#XAGUSD): Time for Pullback
πSILVER appears to be oversold following yesterday's decline.
After testing a significant daily / intraday support level, there's a noticeable bullish reversal.
The price formed a cup & handle pattern on the hourly chart and has broken above its neckline. We can expect a pullback to at least 37.64.
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4-Hour/Hourly time frame
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My broker π
https://one.exnesstrack.org/a/u0exuwlj08
ETHEREUM (#ETHUSD): Strong Bullish Signals
I spotted 2 important price action confirmations on πETHEREUM:
The price has surpassed a resistance line of a bullish flag and established a confirmed change of character (CHoCH) on the 4-hour chart.
I believe the market will maintain a bullish trend, with the next resistance at the 4000 level.
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4-Hour time frame
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My broker π
https://one.exnesstrack.org/a/u0exuwlj08
GOLD (#XAUUSD): Massive Breakout
GOLD has fallen significantly and closed below an important support level.
The broken structure has now become a strong resistance.
I anticipate further downward movement, with the next support level at 3262.
