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.

Contact - @Ask_linofx1
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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
#GBPCAD: Intraday Bullish Movement

The GBPCAD appears to be showing a bullish momentum, having established a bearish trap, followed by a bullish imbalance, and a confirmed change of character on the 4-hour timeframe.

It is quite probable that the pair will continue to rise. The target is 1.8720.
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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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#GBPJPY: Gap is Going to Be Filled!

The GBPJPY pair shows a potential gap-up opening. After a strong upward movement, the pair finally leaves strong bearish clues.

I see a confirmed bearish breakout from a head and shoulders pattern on the 4-hour timeframe, following a test of significant daily resistance.

The prevailing market sentiment indicates a likely price decline, potentially targeting the gap fill.

Target objective: 200.00.
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4-hour time frame
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My broker πŸ‘‡
https://one.exnesstrack.org/a/u0exuwlj08
GOLD (#XAUUSD): New Target $4200; Here's Why!

It appears that πŸ“ˆGOLD price has completed a corrective movement that was initiated earlier today.

We see a confirmed bullish breakout above the neckline of a double bottom pattern on an hourly timeframe.

That happened following a test of strong intraday support, indicating significant upward pressure.

My target is set at 4200.
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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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#USDJPY Sell Signal +140 pips Made πŸ’°

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#EURAUD: Important Breakout!

With a robust bullish rally, πŸ“ˆEURAUD broke and closed above a key daily resistance cluster yesterday.

The broken structure and an ascending trend line now constitute a significant demand zone.

A bullish continuation is anticipated.
The subsequent resistance level is projected at 1.8075.
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4-hour time frame
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My broker πŸ‘‡
https://one.exnesstrack.org/a/u0exuwlj08
#NZDCAD: True Bullish Reversal?!

πŸ“ˆNZDCAD formed an inverted head and shoulders pattern.
The subsequent neckline breakout serves as a strong bullish reversal signal.

The previously broken neckline now serves as a key support level.

Consequently, we anticipate bullish price movement, potentially reaching the 0.8085 resistance level.
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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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#EURNZD Buy Signal +65 pips Made πŸ’°

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#EURAUD Buy Signal +170 pips Made πŸ’°

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#CADJPY: Gap will be Filled!?

Another interesting gap-up trade I spotted today is on πŸ“‰CADJPY.

A confirmed bearish Change of Character (CHoCH) on the 4H chart suggests a local dominance of sellers.

The price will probably decline towards the gap's opening level.
The target is 105.83.
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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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#USDJPY Sell Signal +120 pips Made πŸ’°

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