Посты канала Walter to the Moon™🌔

USD/JPY long position target reached
Price increased for 92 pips from entry point
Net profit +76 pips💰

FOREX MARKET ANALYTICS
GOLD - Price can break support level and fall to $2660 points

Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments on TradingView (link above)👊

A not long time ago price entered to wedge, where it at once made an upward impulse to resistance line, breaking $2695 level.

Next, price in a short time declined to support line, breaking $2695 level again and then exiting from a wedge.

After this, price fell below $2625 level and started to grow in a rising channel, where it traded between $2625 level.

Later, Gold broke this level and rose a little, after which made correction and then continued to grow.

Price reached $2695 level, but at once made a small correction, after which backed up and broke this level.

At the moment, I think that Gold can start to decline from resistance line of a channel to $2660, breaking support level.

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FOREX MARKET ANALYTICS
EURO - Price can continue move up to $1.0420, exiting of pennant

Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments on TradingView (link above)👊

Recently price started to decline inside falling channel, where it bounced from support line and rose to resistance line first.

Then Euro turned around and dropped to $1.0380 level, some time traded near and later broke it.

Next, Euro exied from channel and fell to support level, after which bounced from this level to $1.0380 level.

Price broke this level, but soon it turned around, broke this level again, and started to decline inside pennant.

In pennant, EUR fell to support line, after which rose to resistance line of this pattern, breaking $1.0245 level.

Now, I think that Euro exit from pennant, reach resistance level, and break it, after which continue to grow to $1.0420

If this post is useful to you, you can support me on Tradingview with like/boost and advice in comments❤️

FOREX MARKET ANALYTICS
GOLD - Price can reach resistance level and then start to fall

Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments on TradingView (link above)👊

A few days ago price declined in falling channel, where it at once broke $2715 level and fell to support line of channel.

Then price moved up to resistance line of channel and then continued to decline to $2536 points.

Gold broke $2605 level but soon it made an upward impulse, exiting from a channel and breaking $2605 level again.

Also, price started to trades inside flat, where it twice reached resistance level and then dropped to support line.

After this, Gold exited from flat and started to grow near support line, and later it bounced from this line.

Now, I think that XAU can reach resistance level and then start to decline to $2625 support line.

If this post is useful to you, you can support me on Tradingview with like/boost and advice in comments❤️