#EURCHF: Bearish Continuation After Breakout πͺπΊ π¨π
π EURCHF violated a significant horizontal support.
Retesting that, a bearish flag pattern was formed.
Its support violation provides a strong intraday confirmation.
The pair may drop lower at least to 0.9328
βββββββββ
1H time frame
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Retesting that, a bearish flag pattern was formed.
Its support violation provides a strong intraday confirmation.
The pair may drop lower at least to 0.9328
βββββββββ
1H time frame
βββββββββ
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#EURJPY: Bullish Trend Continues πͺπΊ π―π΅
π EURJPY shows a strength after a test of a significant demand zone.
Bullish breakout of a resistance line of a flag pattern provides
a strong trend-following signal.
Goal - 169.64
βββββββββ
4H time frame
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Bullish breakout of a resistance line of a flag pattern provides
a strong trend-following signal.
Goal - 169.64
βββββββββ
4H time frame
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π€£35β€6π₯4π3π2π1
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Best Change of Character CHoCH Model in Forex Trading with SMC Smart Money Concepts
Most of the SMC traders get Change of Character CHoCH WRONG!
In this article, I will share with you Change of Character models that have a low accuracy and better to be avoided.
I will teach you the best CHoCH model for Forex trading and show you how to identify it easily.
π» Read Full Article Here π
https://www.vasilytrader.com/post/best-change-of-character-choch-model-in-forex-trading-with-smc-smart-money-concepts
Most of the SMC traders get Change of Character CHoCH WRONG!
In this article, I will share with you Change of Character models that have a low accuracy and better to be avoided.
I will teach you the best CHoCH model for Forex trading and show you how to identify it easily.
https://www.vasilytrader.com/post/best-change-of-character-choch-model-in-forex-trading-with-smc-smart-money-concepts
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Vasilytrader
Best Change of Character CHoCH Model in Forex Trading with SMC Smart Money Concepts
Most of the SMC traders get Change of Character CHoCH WRONG!In this article, I will share with you Change of Character models that have a low accuracy and better to be avoided.I will teach you the best CHoCH model for Forex trading and show you how to identifyβ¦
β€14π1
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β€8π3π2π₯1
#GOLD (#XAUUSD): Updated Support & Resistance Analysis π
Here is my latest support and resistance analysis forβ οΈ Gold.
Horizontal Structures
Support 1: 3294 - 3312 area
Support 2: 3231 - 3287 area
Support 3: 3121 - 3176 area
Resistance 1: 3338 - 3368 area
Resistance 2: 3441 - 3451 area
Resistance 3: 3493 - 3500 area
Vertical Structures
Vertical Support 1: Falling trend line
Consider these structures for pullback/breakout trading.
βββββββββ
Daily time frame
βββββββββ
π Learn How Much Money You Need to Trade Gold
β‘οΈ https://youtu.be/VAGKizN2dwI?si=EAeCwqGUTgL8DEA0
Here is my latest support and resistance analysis for
Horizontal Structures
Support 1: 3294 - 3312 area
Support 2: 3231 - 3287 area
Support 3: 3121 - 3176 area
Resistance 1: 3338 - 3368 area
Resistance 2: 3441 - 3451 area
Resistance 3: 3493 - 3500 area
Vertical Structures
Vertical Support 1: Falling trend line
Consider these structures for pullback/breakout trading.
βββββββββ
Daily time frame
βββββββββ
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β€15π8π3π₯°1π€1
#SILVER (#XAGUSD): Buyers Show Strength πͺ
π Silver is going to rise more, following a strong bullish sentiment this morning.
The price violated a strong falling trend line and an intraday horizontal resistance.
These 2 breakouts indicate a strong buying pressure.
The price may grow more today and reach 37.14 level.
βββββββββ
4H time frame
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The price violated a strong falling trend line and an intraday horizontal resistance.
These 2 breakouts indicate a strong buying pressure.
The price may grow more today and reach 37.14 level.
βββββββββ
4H time frame
βββββββββ
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#GBPJPY: More Rise Ahead?! π¬π§ π―π΅
π GBPJPY looks determined to rise to a current local high
after a test of key intraday support.
A confirmation bullish pattern that I spotted is a double bottom
on an hourly time frame.
Goal - 198.45
βββββββββ
1H time frame
βββββββββ
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after a test of key intraday support.
A confirmation bullish pattern that I spotted is a double bottom
on an hourly time frame.
Goal - 198.45
βββββββββ
1H time frame
βββββββββ
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β€5π₯4π₯°1π1
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β€8π₯1π₯°1π€¬1
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#USDCHF: Correctional Movement Ahead?! πΊπΈ π¨π π USDCHF may continue a correctional movement after a release of the today's US CPI data. A technical price action confirmation that I spotted is a valid Change of Character CHoCH on an hourly time frame. We canβ¦
Trading Setup #Update
Instrument: #USDCHF
Posting date: 13.05
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Instrument: #USDCHF
Posting date: 13.05
More Details
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β€9π2π1π1
DOW JONES INDEX (#US30): Consolidation is Over
π Dow Jones Index completed a bullish accumulation on a daily.
The price violated a key horizontal resistance cluster and closed above that.
Next goal for bulls is 43790.
βββββββββ
Daily time frame
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The price violated a key horizontal resistance cluster and closed above that.
Next goal for bulls is 43790.
βββββββββ
Daily time frame
βββββββββ
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β€7π₯2π1
#EURCAD: Pullback Trade From Support πͺπΊ π¨π¦
π EURCAD is going to bounce from a recently broken
key daily horizontal resistance that turned into support after a violation.
The price violated a neckline of a double bottom pattern with
a bullish imbalance candle on an hourly time frame as a confirmation.
Goal - 1.5998
βββββββββ
Daily/1H time frames
βββββββββ
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key daily horizontal resistance that turned into support after a violation.
The price violated a neckline of a double bottom pattern with
a bullish imbalance candle on an hourly time frame as a confirmation.
Goal - 1.5998
βββββββββ
Daily/1H time frames
βββββββββ
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β€8π₯4π2π₯°2π1
DOLLAR INDEX (#DXY): Critical Moment π²
With an unprecedented pace of weakness of US Dollar,
β οΈ DXY Index is now testing a historic weekly support cluster.
If the market breaks it today and closes below that, it will
open a potential for much more depreciation.
Next historic support will be 95.5 and a downtrend will continue.
Today's US fundamentals can be a trigger.
βββββββββ
Weekly time frame
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With an unprecedented pace of weakness of US Dollar,
If the market breaks it today and closes below that, it will
open a potential for much more depreciation.
Next historic support will be 95.5 and a downtrend will continue.
Today's US fundamentals can be a trigger.
βββββββββ
Weekly time frame
βββββββββ
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π5β€2π2π1
The last high impact US news for this week will be in 30 minutes.β οΈ
βοΈ Core PCE Price Index
βοΈ Personal Income
βοΈ Personal Spending
Let's see how the markets will react!
Let's see how the markets will react!
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π10π2π₯1πΎ1π1π€1
VasilyTrader (Free Forex Signals)
#EURCAD: Pullback Trade From Support πͺπΊ π¨π¦ π EURCAD is going to bounce from a recently broken key daily horizontal resistance that turned into support after a violation. The price violated a neckline of a double bottom pattern with a bullish imbalance candleβ¦
#EURCAD reached the goal!π
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