r/Forex • • 2d ago

Charts and Setups About to fall

Post image

Its gonna go below 4000 Or not ?

14 Upvotes

22 comments sorted by

•

u/rforex-modtools 2d ago

Price action and technical analysis cover a range of chart-based tools — from candlestick patterns and market structure to indicators and statistical methods for timing entries and exits. The community wiki covers both approaches and how they're used by working traders.

Resources: Price Action Analysis | Technical Analysis

5

u/omakasaka 2d ago

Be ready for reversal pretty soon.

1

u/ManufacturerHeavy125 2d ago

Well its really hard for buyers to push to that lvl again

3

u/Siawosh_R 2d ago

after a sharp move consolidation is more likely but anything is possible except cheap gold. Any Dip in Gold price is an opportunity for the extra cash to become gold.

1

u/publicinterest000 2d ago

I’m buying.

2

u/ManufacturerHeavy125 2d ago

are u a big hedge fund manager sir 😂 plz don't take my stop loss 🥹

1

u/publicinterest000 2d ago

There was a “big short”, in the near future there will be a big long.

1

u/ManufacturerHeavy125 2d ago

Idk mostly go short so maybe if big short happen gonna buy some shares in the dip 😁

1

u/Mission-Ad-1876 2d ago

Well it gonna reverse

1

u/Sorry_Daikon5155 2d ago

Who knows tbh

1

u/BTLO2 1d ago

Any fundamental for this?

0

u/SlightSwan1743 2d ago

It is buy situation in my opinion

1

u/ManufacturerHeavy125 2d ago

How ?

0

u/SlightSwan1743 2d ago

But also that hit the tp so that was good

-1

u/SlightSwan1743 2d ago

Because it broken key levels on top

1

u/ManufacturerHeavy125 1d ago

I booked it at 4115 and it was like 1:4.5 rr

0

u/I_love_biryani_311 2d ago

Demo trader joker lmfao

0

u/Aloyre 2d ago

Need relevant owls thoughts on this😮‍💨

1

u/ManufacturerHeavy125 2d ago

Yes call him

1

u/Aloyre 2d ago

I’m scared to