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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ETHEREUM (#ETHUSD): Comeback? Eyes on $4300 Resistance.

ETHEREUM appears to be showing some bullish signals following a test of a significant daily support level.

The price formed an inverted head and shoulders pattern on that, succeeded by a bullish breakout above its neckline, which is serving as a minor resistance, thereby confirming a local change of character.

Considering these factors, there is a possibility that the price of the coin could potentially rise to the $4300 level soon.
GOLD(#XAUUSD): Bullish Move From Support

It appears that there is a possibility of a continued bullish movement on πŸ“ˆGOLD price, potentially originating from an underlined blue support cluster.

Furthermore, a brief liquidity sweep below that level, followed by a bullish breakout above a minor resistance on an hourly timeframe, seems to be observed.

The anticipated target for this bullish movement is 4300.
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Hourly time frame
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My broker πŸ‘‡
https://one.exnesstrack.org/a/u0exuwlj08
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#USDCAD: Bearish Reversal Confirmed!?

The USDCAD pair has broken and closed below a significant intraday horizontal support level.

The blue area, which is underlined, is also the neckline of a cup and handle pattern.

This violation suggests the potential for a continued downward movement.
The subsequent support level is anticipated to be at 1.3985.
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4-hour time frame
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My broker πŸ‘‡
https://one.exnesstrack.org/a/u0exuwlj08
Forwarded from LINØFX1 VIP SIGNALS (LINØFX)
Great winner caught with my VIP Signals Premium Members ⭐️

#XAUUSD Buy Signal +630 pips Made πŸ’°

Join my VIP Signals Group and get trades with Entry/Stop/Target

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SILVER (#XAGUSD): Trend-Following Signal

SILVER experienced a notable pullback on Friday, with the price subsequently retracing to a critical intraday support level.

Analyzing the hourly chart, I spotted the formation of a cup and handle pattern, followed by a confirmed breakout above its neckline.

Based on this analysis, there is a strong likelihood of further upward movement, potentially reaching a target of 53.31.
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Hourly time frame
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My broker πŸ‘‡
https://one.exnesstrack.org/a/u0exuwlj08
#GBPAUD: Downward movement is Expected!

The GBPAUD price formed a head and shoulders pattern, and its neckline was breached yesterday on a 4-hour time frame.

A retest is currently underway.

It seems highly probable that the price will continue to decline, potentially reaching the 2.0500 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
#EURAUD: Breakout & Bearish Continuation

πŸ“‰EURAUD is showing a bearish bias, after the violation of a support level within a confined consolidation range on the 4-hour timeframe,

Further price declines are anticipated.
The subsequent support level to watch is at 1.7750.
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4-hour time frame
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My broker πŸ‘‡
https://one.exnesstrack.org/a/u0exuwlj08
SILVER (#XAGUSD): Potential Pullback Trade Explained

The price of ⚠️SILVER is currently consolidating within a strong horizontal support structure.

To initiate a long position with a confirmation, wait for a bullish breakout of the resistance of the range on a 4H time frame.

A 4H candle closing above 49.40 will confirm a violation.
A Subsequent bullish momentum is anticipated, potentially reaching the 50.50 resistance level.

The setup will be invalidated if the price establishes a new lower low.
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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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Forwarded from LINØFX1 VIP SIGNALS (LINØFX)
Great winner caught with my VIP Signals Premium Members ⭐️

#EURAUD Sell Signal +90 pips Made πŸ’°

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Forwarded from LINØFX1 VIP SIGNALS (LINØFX)
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#NZDJPY Sell Signal +27 pips Made πŸ’°

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#USDCHF: Bearish Move From Key Level

The πŸ“‰USDCHF pair showed a notable reaction to a significant horizontal support level on a 4-hour timeframe.

Following the test, the pair started to consolidate, forming a horizontal trading range.
A breach of the support level of this range constitutes a strong bearish signal

It is currently retesting the previously broken support, which suggests the potential for further downward movement. Target: 0.7916
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4-hour time frame
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My broker πŸ‘‡
https://one.exnesstrack.org/a/u0exuwlj08
GOLD (#XAUUSD): Important Bearish Breakout

πŸ“‰GOLD has a high potential to continue falling
after a breakout of a key daily/intraday horizontal support.

Next supports: 3900
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4-hour time frame
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My broker πŸ‘‡
https://one.exnesstrack.org/a/u0exuwlj08
A significant week is anticipated.

1. The Federal Open Market Committee (FOMC) will announce its decision regarding interest rates on Wednesday.

2. Federal Reserve Chair Powell is scheduled to hold a press conference on Wednesday.

3. President Trump and President Xi are expected to meet on Thursday.

Please be prepared for potentially substantial market volatility.
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Important day!

--In 40 minutes - FED Rate Decision & FOMC

--In 1 hour 10 minutes - FOMC Press Conference

That is going to be one of the most important fundamental news releases of this period!πŸ“ˆ

Let’s see how the markets will react!
#EURJPY: Bullish Move After Breakout

The EURJPY pair has successfully breached and closed above a significant daily/intraday resistance cluster, which was established based on the all-time high.

This previously broken structure has now transitioned into a support level.

Upon retesting this new support, the price action formed a minor cup and handle pattern on the hourly timeframe.

Consequently, I initiated a long position upon the retest of the pattern's broken neckline.
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4-hour/Hourly time frame
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My broker πŸ‘‡
https://one.exnesstrack.org/a/u0exuwlj08
#CHFJPY: Confirmed Intraday Bullish Signal

I spotted an additional instance aligning with my breakout trading strategy.
The πŸ“ˆCHFJPY pair showed a decisive violation and close above a significant intraday horizontal resistance level.

Following this, the price retested the broken structure and subsequently breached the resistance line of a falling parallel channel on an hourly timeframe.

This indicates a strong buying interest.
We can now anticipate an upward movement, with a minimum target of 192.66.
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Hourly time frame
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My broker πŸ‘‡
https://one.exnesstrack.org/a/u0exuwlj08
Forwarded from LINØFX1 VIP SIGNALS (LINØFX)
❗️Monthly Premium Report❗️
For October
October 1st .....EURUSD -40 pips
October 1st .....XAUUSD -240 pips
October 3rd .....USOIL -120 pips
October 6th .....XAUUSD +390 pips
October 6th .....EURUSD +100 pips
October 6th .....CADJPY +34 pips
October 9th .....NZDCAD +40 pips
October 9th .....SILVER +120 pips
October 13th ...XAUUSD +580 pips
October 13th ...GBPCAD +56 pips
October 15th ...USDJPY +140 pips
October 16th ...EURNZD +65 pips
October 17th ...EURAUD +170 pips
October 17th ...USDJPY +120 pips
October 17th ...NZDCAD -32 pips
October 17th ...CADJPY -70 pips
October 20th ...XAUUSD +650 pips
October 20th ...USDCAD -28 pips
October 20th ...SILVER -82 pips
October 22nd ..XAUUSD -440 pips
October 23rd ...EURAUD +90 pips
October 27th ...NZDJPY +27 pips
October 28th ...USDCHF -18 pips
October 28th ...XAUUSD -410 pips
October 30th ...USDCHF +30 pips
October 31st ...CHFJPY -36 pips
PNL in pips = 1032 pips
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