The Ace Trading (Backup)
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PRO Trader and Trading Mentor With 6-Year Experience

Trading Education & Technical Analysis

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

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SILVER (#XAGUSD): Bullish Rally Continues

It appears that πŸ“ˆSILVER is expected to continue its upward trend, potentially reaching the 50.00 psychological level.

The observed break of structure on the 4-hour chart suggests a strong presence of buyers.

Given the lack of significant US news today, the market is anticipated to maintain a bullish sentiment.
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4-hour time frame
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My broker πŸ‘‡
https://one.exnesstrack.org/a/u0exuwlj08
The Fed's meeting notes are coming out in an hour!πŸ””
πŸ‘1
ETHEREUM (#ETHUSD): From Climb to Collapse: Read ETH’s Technical Trap

It appears that ETHEREUM may be anticipating a bearish trend.
Analyzing the 4-hour time frame, I spotted a rising parallel channel and a confirmed breakout of its lower boundary.

The final challenge for sellers lies at the 4464 - 4422 support level on the 4-hour chart, where the price is currently consolidating on the horizontal support.

Should the bears break and close below that level, it would signal a significant bearish indication.

Subsequently, a bearish continuation could potentially lead to the 4200 support level.
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S&P 500 INDEX (#US500): Bullish Signal!? As US500 Eyes New High

Update on πŸ“ˆUS500
A confirmed breakout above a significant daily resistance level was observed.

Subsequently, the market retested the breached structure and initiated consolidation within a narrow range on the 4-hour timeframe.

The range resistance was breached yesterday, which constitutes a strong intraday bullish signal.

Further upward movement may extend to the 6800 level.
Powell Speech in 20 minutes! πŸ””
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#SILVER Buy Signal +120 pips Made πŸ’°

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#NZDJPY: Bearish Reversal Confirmed

It appears quite probable that the πŸ“‰NZDJPY pair may experience a further decline.

This analysis is based on the confirmation of a change of character on a 4-hour timeframe, along with the presence of a bearish imbalance candle.

The subsequent support level is anticipated to be at 87.60.
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4-hour time frame
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My broker πŸ‘‡
https://one.exnesstrack.org/a/u0exuwlj08
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GOLD (#XAUUSD): Bullish Wave Continues

I believe that the price of πŸ“ˆGOLD is likely to continue rising.

I have spotted another bullish pattern today.
We have a confirmed breakout above the neckline of a double bottom.

It appears that the market will likely experience a bullish trend and reach the 4040 level in the near future.
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4-hour time frame
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My broker πŸ‘‡
https://one.exnesstrack.org/a/u0exuwlj08
πŸ‘1
The upcoming high-impact news from the United States for this week, concerning the Michigan Consumer Sentiment, is scheduled to be released in approximately twenty minutes.
Crypto portfolio this morning πŸ‘»
😁1😭1
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#XAUUSD Buy Signal +580 pips Made πŸ’°

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GOLD (#XAUUSD): Important Breakout

The price of πŸ“ˆGOLD has broken and closed above a significant resistance level, coinciding with a previous all-time high.

A confirmed break of structure suggests a strong likelihood of further upward movement.

The subsequent resistance level is at the 4100 psychological level
This might be the next target for buyers
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4-hour time frame
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My broker πŸ‘‡
https://one.exnesstrack.org/a/u0exuwlj08