Looking sell from here aligned to a duplicate tl. Also, we have the D100EMA. Considering market sentiment as well as Nikkei alignment at the tl. SP500 is approaching a level of interest for me for a sell after its recent over extension. With this alignment occurring, this zone is a hot spot for a sell for me in GBPJY. A modest downside target is expected when all...
Market Structure Alignment GOLD, XAUUSD M = W = D = H4 = H1 = M15 = br M5 = br M1 = CODES: b = Bullish bg = Bullish Range br = Bearish brg = Bearish Range Bimb = Buyers IMBalance Simb = Sellers IMBalance H = High HH = HigherHIGH HL = HigherLOW L = Lower LL = LowerLOW LH = LowerHIGH Black = Monthly Red = Weekly Green = Daily Yellow = H4 SkyBlue...
higher time frame is showing defined downtrend and exhibiting trend strength- using moving averages as dynamic resistance/ support -intermediate timeframe shows trend alignment to the downside and price pull back to short term moving average -looking for it trade to pivot low of 78.58 and breakout to the downside on intermediate timeframe -on the shorter time...