Retest to buyers area and bullish market structure. Price should reach the next sellers area
Risk sentiment this week looks like we could be setting the tone for a risk off environment, however AUSSIE is currently looking under pressure! After it recently broke to the downside from it's larger ascending structure. Zooming into the intraday timeframe, we've had a beautiful retest and high test candle rejection of the previous swing low (inside the...
GOLD - GO SHORT @ CMP WITH A SL OF 1682 AND A TARGET OF 1274. TARGET SHOULD BE ACHIEVED BY MAY 20, 2020
1620's will be my entry for short for now I am long
eurusd update idea supplyzone sell opprtunity
GOLD / USD TA We have been tracking GOLD down this descending channel for quite a while now. Automatically you would turn bearish on it due to no convincing close and rejection above resistance which means that if you're a bear, you would start targeting 1250 zones for possible re-entry. Nevertheless, if you take a 'fractal' approach here, we will see that back...
XAUUSD is encountering weekly resistance and on smaller time frame (4Hr) It seems to be getting rejected multiple times. I suggest shorting at these levels to the 0.382 fib level. First Target: 1492 Second Target: 1470 Third Target: 1450
Yesterday I posted a chart on gold indicating important levels and showing that there is weekly resistance here. As well with this yesterday in the chat room I told everyone to go long gold to 1550 no one believed me but I made crazy money. This market is very predictable just follow the liquidity I could do this all day.
Gold has had a shallow retracement and had broken out the descending wedge so has a measured move target to the upside.
Buy limt 0.71100 sl below 0.70630. R/R ratio 1:1 and 1:2.
Another chance to buy AUDUSD. Head and shoulder pattern was formed and now we can buy in the pullback to neckline. Signals: 1. at this time, Neckline is the support level 2. pullback to neckline in head & shoulder pattern 3. 50% retracement of last bullish move 4. round number 0.72 Buy = 0.721 SL = 0.719 TP1 = 0.726 TP2 = around 0.734
AUDUSD is on monthly support line, i expect 300 pips bounce up before a big drop. Some free pips for you guys!
The slope of price in AUDUSD -0.55% is very active making the slide parallels of the median line key levels to watch for price action. Last time price reached a slide parallel, it reversed now heading to the down, We might have a retest of this resistance level , and in case we have it we should watch for a sell setup with a potential tp the next active level...
As you can see we saw a bounce at the 0.382 fib level. In order for the price to proceed to higher highs gold must retrace itself and this was a healthy pullback. Target should be 1300