Dear traders On the daily chart we can see a falling 3 method candle stick pattern at the channel resistance. From here we expect the 106 level to be tested. That's also the support of the weekly channel, see below: Good luck and manage your positions properly. Regards, ValescoTradingGroup
A good short term long because of the following: Channel support Price pattern Divergence Supportive wicks at the support.
Details in the chart, see smaller timeframe below:
Waiting to buy at the chan nel support with the retest of the lows of 2015. That will make this a double bottom at an area we just must buy and see what happens. Untill that point is reached we look for a sell setup on the lower timeframes.
Details in the chart. And below the daily chart.
This is a perfect short at the perfect timing at the perfect price action. We can see the daily is making a double top, the 4h- chart is showing us a very very steep wedge, combined with multiple bearish divergences. These can kick in anytime. The daily chart also shows the daily channel median is acting as a resistance at this level too. We will short...
Patience pays off.
Currently at a major resistance and 500 pips to be made.
Details in the chart, related to our earlier weekly inverted head and shoulders
We posted our long setup before, but we will short untill that point is met.
Never underestimate the power of channel, here is another proof!
Do what nobody does and get what nobody has.
Hello fellow traders and investors, Let's us save you the words and unnecessary details, because this chart is self explaining. We will long only at the support line touch,not earlier, not later. Even then we need to see a clear evidence of what the big boys will do based upon candle stick patterns. Good luck and don't forget to give us a thumb if you like our...
Hello fellow traders and investors, Let's us save you the words and unnecessary details, because this chart is self explaining. We will long at three points, with a fixed stop loss to average our long. Good luck and don't forget to give us a thumb if you like our analysis! If you have any questions or want us to analyse a specific pair, feel free to contact us....
This is a low risk reward long, no further explanation required.
Hello fellow traders and investors, In our earlier analysis we adviced you guys to sell with a stop loss, that is to protect your wealth. If you risked only 1-2% with that stop loss, this was worth taking that risk for the potential reward. Our bias on gold remains bearish and we will explain you why below. This forest chart was made up because many...