H4 : Watch out, we are turning off of h4 demand zone, selling opportunities must be very short-term H1: H1 original supply zone just above us 15MIN: 15min original supply zone inside of an h1 supply area, good for getting short TP: 1:1 R:R twitter.com
H1: we are indiside of an H1 demand zone 15MIN: there is 15min original demand zone for buying opportunities inside of an H1 demand zone TP1: Just before H1 wick TP2: Will be Trailing till just before the previous swing resistance twitter.com
Few days ago I talked about having some of a chop between daily resistance and daily demand zones. and that is what the market has been doing since then it is not me predicting what the market is going to do. i am just listening what it has to say twitter.com
Here we might see a potential short set up on the Gold. Patience until the hit of resistance, I would not enter earlier regardless of RSI and so -Some trend resistance -0.764 short term+long term fib levels -RSI overbought Safe and Successful trading!
Chart is pretty self explanatory, -RSI oversold -0.5 fib -STRONG horizontal resistance!
Target reached and position closed with profit twitter.com
it is solely based on 15min original supply zone.. non-support from higer time frames. tp1: look just for 1:1
Please see annotated chart for details.
AUDUSD H4 bearish divergence RSI We could probably see another bounce towards 0.773, thenm go short at the break of the trendline. Entry @0.77 or break of trendline @0.76 T1 0.745 T2 0.732 twitter.com
sell xag/usd silver spot sl 18.5 tgt 16.5 and below
Wave five as shown on the chart might terminate crude oil medium term top. There is possibility for retracement back to 45.75 then making a new high at 46.8/47 area. before falling. @basraoil
A clear break and sustain trading above 45.5 may take crude oil to as high as $50 before sharply down.
Watch the lines for a place to jump in on this downtrend of the Equity/Crude ratio.
Watch the lines for a place to jump in on this downtrend of the Equity/Crude ratio.
With all the NIRP's and ZIRP's flying around in an economy based off fraud and debt, this was expected, and now we have the start of the technical indicators to back it up :) My target area Short Term is 25-28: - We have the 23% fib retracement from our move down from our All Time Highs in 2011. - Weekly 200 ma - Solid price action (horizontal black lines) -...