The Ace Trading (Free Forex Signals)
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PRO Trader and Trading Mentor With 6-Year Experience

Trading Education & Technical Analysis

This channel is made for beginners who want to learn, invest & understand FOREX. We will post the Forecast, and trading ideas.

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#XAUUSD reached our goal! ✔️

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#GBPUSD: Pullback From Resistance Confirmed

I think that 📉GBPUSD may experience a retracement from a significant intraday/daily resistance level.

The formation of an inverted cup and handle pattern candle on an hourly timeframe offers strong confirmation for this view.
My target is 1.3482.
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Daily/1H time frame
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#GBPUSD: Buying Opportunity!

📈GBPUSD may continue rising after a test of a key daily/intraday horizontal support.

As a confirmation, I spotted a double bottom pattern on an hourly time frame.

Intraday goal for buyers: 1.3500
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4H/Hourly time frame
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S&P500 INDEX (#US500): Your Trading Plan Explained

The ⚠️S&P500 index is currently testing a horizontal structure that was recently breached. It is highly probable that this level has now become support.

For a confirmed buying opportunity, please observe the formation of a double bottom pattern on the 4-hour chart.

Should the price break and close above 7521, this would provide strong bullish confirmation.

In such a scenario, the market is anticipated to advance to at least the 7584 level.

Conversely, if the price declines and establishes a new lower low, this trading setup would no longer be valid.
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4-hour time frame
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GOLD (#XAUUSD): Time For Pullback

It appears that 📉GOLD is likely to retrace from a significant resistance level.

A bearish change of character on an hourly timeframe offers strong confirmation of the market's overbought condition.

The target is 4102.
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4H/Hourly time frame
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BITCOIN (#BTCUSD): Waiting For Breakout

It feels like ⚠️BITCOIN is preparing for a breakout of a key daily resistance level.

Should it successfully breach this level and close above it on the daily chart, this would likely serve as a strong indicator of bullish sentiment.

In such a scenario, there would be a high probability of the market reaching the 70,000 level.
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Daily time frame
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GOLD (#XAUUSD): Bullish Continuation After Breakout

📈Gold has successfully broke and closed above a significant intraday resistance level today.

This breakout suggests a potential for continued bullish movement.

I anticipated that the pair may soon reach the 4200 level.

We recommend looking for entry opportunities on a pullback.
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4-hour time frame
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SILVER (#XAGUSD): Bullish Move From Support Confirmed

This morning, 📈SILVER is showing a strong bullish move on the intraday chart.

The price violated the neckline of a double bottom pattern on an hourly timeframe.

We anticipate a continued upward movement in the market.
The next target is set at 58.76.
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Hourly time frame
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GOLD (#XAUUSD): Intraday Bullish Confirmation?!

I am quite pleased with how gold responded to the intraday horizontal support that was highlighted.

The price subsequently formed a favorable bullish engulfing candle, followed by a noticeable bullish imbalance and a change of character on the hourly timeframe.

I am of the opinion that the market has the potential to continue its upward trend. The subsequent intraday target is set at 4080.
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4H/Hourly time frame
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#XAUUSD reached our goal! ✔️

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#EURUSD: Classic Gap Trade

I see a huge Gap-up opening on 📉EURUSD.

I have a strong feeling that it is going to be filled soon. A double top pattern on an hourly timeframe and its neckline violation provide strong bearish confirmation.

Goal - 1.1374
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Hourly time frame
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GOLD (#XAUUSD): Another Gap to Trade Today

I think Gold will try to at least partially fill the gap-up opening.

A formation of an inverted cup and handle after a test of strong intraday resistance suggests strong selling pressure.

My signal to sell will be a bearish breakout of the neckline of the pattern.

An hourly candle close below 8084 will confirm a violation; a bullish continuation will be expected at least to the 4056 level then.
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Hourly time frame
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