Trading Setup #Update

Instrument: #USDCHF
Posting date: 13.05

✅ Learn My Trading Strategy with My Course
More Details ➡️ https://www.vasilytrader.com/ebook

DOW JONES INDEX (#US30): Consolidation is Over

📈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.
—————————
Daily time frame
—————————
📕 Learn Smart Money Concepts with my Book
▶️ https://www.vasilytrader.com/bestsmartmoneyconceptbook

#EURCAD: Pullback Trade From Support 🇪🇺🇨🇦

📈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
—————————
Daily/1H time frames
—————————
⭐️Trade with Fixed Spreads Broker ⭐️
💵More Info 👉Link

DOLLAR INDEX (#DXY): Critical Moment 💲

With an unprecedented pace of weakness of US Dollar,
⚠️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.
—————————
Weekly time frame
—————————
💻 My WebSite
✅ My Instagram
🎞 My YouTube Channel

The last high impact US news for this week will be in 30 minutes.⚠️

⭐️Core PCE Price Index
⭐️Personal Income
⭐️Personal Spending

Let's see how the markets will react!

#EURCAD reached the goal!🚀

What to read this weekend?🤓
Check these great articles!

Why Do You Need a Trading Plan?

Trading on Holidays: Liquidity and Spreads

Enjoy!

#GOLD (#XAUUSD): Your Trading Plan for Monday 🏅

📈Gold went strongly rejected from a key daily support on Friday.

Your confirmation signal for a pullback trade from that will
be a bullish breakout and an hourly candle close above
3283 intraday resistance.

After that the price will likely reach 3292 level.
—————————
Daily/1H time frames
—————————
🤓 Learn How to Do Structure Mapping in Trading
👉 https://youtu.be/AWkEF4rMH54?si=4a3zx-t_uHTqcXcW

S&P500 INDEX (#US500): New ATH & More Growth

📈S&P500 index updated the all-time high on Friday.
The market successfully broke and closed above an underlined resistance.

More growth is coming and the index is going to reach 6280 level soon.
—————————
Daily time frame
—————————
💻 My WebSite
✅ My Instagram
🎞 My YouTube Channel

MarketBreakdown | EURUSD, GBPUSD, USDJPY, USDCHF

Here are the updates & outlook for multiple instruments in my watch list.

1️⃣ #EURUSD weekly time frame 🇪🇺🇺🇸

The pair is unstoppable.
The market violated a significant weekly resistance cluster last week.
It opens more growth potential after a pullback.

2️⃣ #GBPUSD weekly time frame 🇬🇧🇺🇸

In comparison to EURUSD, GBPUSD is now approaching a major
resistance area. I think that we can expect a retracement from that.

3️⃣ #USDJPY daily time frame 🇺🇸🇯🇵

The market continues a correctional movement lower.
The closest strong support that I see is based on a rising trend line.

I think that buying interest may spark again after its text.

4️⃣ #USDCHF daily time frame 🇺🇸🇨🇭

The price updated a historic low on Friday.
The next strong support that I see is based on a falling trend line.
We can expect a pullback from that.

Do you agree with my market breakdown?

NATURAL GAS (#NATGASUSD): Bullish Outlook Explained

📈Natural Gas is trading in a mid-term bullish trend on a daily.
The price updates higher highs and higher lows after each
test of a rising support line.

Its last test made the market form a strong rejection first
and a bullish engulfing candle then.

The market may continue growing and reach at least 3.7 resistance soon.
—————————
Daily time frame
—————————
🤓 Learn Candlestick Patterns
👉 https://www.vasilytrader.com/candlestickpatterns