Navigating the complexities of the Forex market can prove to be a daunting task, particularly for novice traders who often find themselves fixated on a single, seemingly infallible setup. This fixation, however, can lead to over-leveraging, as unwavering confidence in …
Ethereum- Waiting for clarification The month of November was good for Ethereum also, with the coin managing to break above the 1930-1950 zone resistance and making a high shy above 2100 (also resistance given by previous high from mid-April).After this …
Gold is pressing for a break In my post yesterday, I mentioned that I am bullish Gold as long as the price stays above the 1975 zone.Although there was a spike under this level during the day this, ultimately, proved …
XrpUsd- Text of 1usd next? After the strong spike up back in mid-July, XrpUsd corrected and got back in the old accumulation zone and a new accumulation of 2 months followed.The end of October and the start of November come …
Gold- A nice start of the week for bulls (at least so far) In my Friday comment, I wrote that, after such an impressive upmove, there is a pretty good chance of a correction, indicating 1975 as the confluence support …
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Gold is preparing for a break In my yesterday’s comment I said that, as long as XauUsd’s price stays above the 1950 zone, the outlook is strongly bullish.Indeed, dips were bought during the day, and after an intraday low at …
GbpCad- Correction seems over. 1.6 next? A few days back I drew attention to the possibility of reversal for GbpAud from the strong level of resistance.After a hanging man on Friday and a strong red day yesterday, the pair looks …
AudJpy- Where to sell for 1:3 R:R Yesterday, like all the Jpy pairs, AudJpy was also affected by the verbal intervention from BoJ.The pair dropped quickly 200 pips, but more importantly, it broke under important confluence support at 95.This level …
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