Pair respects major uptrendline, based below key level at 1.2780Above SMA 100 and 200 on H4 frameMACD shows starting of bullish momentumRSI is above level 50Below HVN at level 1.2914First scenario: in case price break major downtrendline and close above key level at 1.2915it's recommended to open long position to target next resistance level at 1.3200Second scenario: in case price break major uptrendline and close below support level at 1.2455it'...
Pair rebounded from supply zone at level 76.60 with strong bearish movement Price is in uptrend and respects minor uptrendlineMACD shows weakness in bullish momentumRSI rebounded from overbough regionAbove SMA 100 and 200Below HVN at level 75.50First scenario: we r waiting price action on H4 frame after restesting minor uptrendline to open long position. In this case it's expected to target supply zone at level 76.90 then resistance lev...
As GOLD was the highest voted CFD , here is the full analysis on 4H frameGOLD trading inside a triangle patternyesterday Gold failed to break through resistance level at 1740.00Price below SMA 100, 200price now at HVN as important area to determine the directionfirst scenario : if price broken key level around 1690.00 and 4H close below it , it will confirming bearish movement to support level around 1560.00second scenario : if ...