The Ace Trading (Free Forex Signals)
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PRO Trader and Trading Mentor With 6-Year Experience Trading Education & Technical Analysis This channel is made for beginners who want to learn, invest & understand FOREX. We will post the Forecast, and trading ideas. Contact - @Ask_linofx1
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GOLD (#XAUUSD): Your Trading Plan to Buy
I see a very interesting bullish accumulation pattern on β οΈGold.
The price continues to set higher lows and equal highs, respecting a strong horizontal resistance.
To potentially capitalize on a bullish continuation, it would be advisable to await a bullish breakout above 5092 resistance level.
Following this, a bullish movement towards the 5250 levels could be anticipated.
It is important to note that if the price breaks the trend line of the triangle, this particular setup would no longer be considered valid.
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4H time frame
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My broker π
https://one.exnesstrack.org/a/u0exuwlj08
#EURCHF: Confirmed BoS Signals At Historic Low
πEURCHF updated the all time low, violating a major
horizontal demand cluster on an intraday chart and closing below that.
The broken structure turns into resistance now.
Bears will keep pushing the market lower.
Next support - 0.9110
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4H time frame
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My broker π
https://one.exnesstrack.org/a/u0exuwlj08
#USDCHF: End of Correction & Bearish Continuation
The USDCHF pair formed a bearish pattern on a 4-hour timeframe, following a correctional movement.
We see an ascending triangle pattern and a confirmed breakout of its neckline.
A bearish movement may be anticipated today, potentially reaching at least 0.7694.
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4H time frame
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My broker π
https://one.exnesstrack.org/a/u0exuwlj08
SILVER (#XAGUSD): Bear Trap & Potential Bullish Movement
There is a strong likelihood that πSILVER will continue its recovery from the highlighted intraday key level.
Analyzing the price action, we can see a bearish trap, subsequently followed by strong bullish candles and a confirmed change of character.
We anticipate a high probability that the market will sustain its recovery, reaching at least the 88.00 level.
US DOLLAR INDEX (#DXY): Classic Breakout Trade
The Dollar Index successfully broke and closed above a significant daily horizontal resistance cluster earlier this week.
Following this, the pair started to consolidate on a 4-hour timeframe, retesting the previously breached structure.
A bullish breakout of this consolidation serve as a strong confirmation of further upward movement.
It is highly probable that the price will continue to ascend, potentially reaching at least 98.20.
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4H time frame
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My broker π
https://one.exnesstrack.org/a/u0exuwlj08
#CHFJPY: Important Breakout
The CHFJPY pair has successfully violated a resistance level within an ascending triangle pattern on the 4-hour timeframe.
This previously broken structure is now anticipated to act as a robust support level.
It is possible that the pair will continue its upward trend following a brief retracement, with the next target set at 202.50.
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4H time frame
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My broker π
https://one.exnesstrack.org/a/u0exuwlj08
GOLD (#XAUUSD) : Liquidity Grab & Bullish Confirmation
Gold formed a liquidity grab following a test of significant intraday/daily support.
The formation of a cup and handle pattern, along with a violation of its neckline, offers a strong bullish confirmation.
I anticipate an upward movement now, at least to the 4935 level.
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Hourly time frame
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My broker π
https://one.exnesstrack.org/a/u0exuwlj08
Hey traders, the new trading month has commenced.
To be honest, trading in January was rather challenging. Elevated volatility and market news contributed to an unpredictable environment, which unfortunately led to some unfavorable trades.
Let us hope that February will bring more favorable conditions.
I extend my best wishes for your success and substantial profits.
#EURAUD: Time to Recover?!
π EURAUD formed an ascending triangle pattern and has successfully broken above its neckline on a 4-hour timeframe.
This breakout is a confirmed Change of Character (CHoCH), suggesting a potential local bullish reversal.
The market may begin to recover and could soon reach the 1.7170 level.
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4H time frame
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My broker π
https://one.exnesstrack.org/a/u0exuwlj08
#USDJPY: Confirmed Change of Character
The USDJPY price violated a significant horizontal resistance level, specifically the most recent lower high within a minor bearish trend, and closed above it on a 4-hour timeframe.
This violation is considered a confirmed Change of Character, suggesting that the currency pair is returning to a bullish trend.
Further growth is now anticipated. The subsequent target is 154.72.
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4H time frame
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My broker π
https://one.exnesstrack.org/a/u0exuwlj08
In less than 2 hours will be heavy on fundamentals! ππ
Be careful!βοΈ β οΈ
#CHFJPY: More Growth is Coming
The CHFJPY pair appears to be showing strong bullish momentum on a 4-hour timeframe.
I see a confirmed violation of the neckline of an ascending triangle formation.
Given that the pair is currently trading in a long-term bullish trend, the upward movement could readily persist.
The subsequent resistance level is anticipated at 201.00.
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4H time frame
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My broker π
https://one.exnesstrack.org/a/u0exuwlj08
