It's not a financial advice, it's just my opinion, that gold has made a resistance level at 1828.78 it will try to break it, but if it's false break, we set a sell stop order beyond that level and hope for 1:3 ratio Take Profit. If it hits our SL, we make same order again.
D1 - key support H4 - multiple false breaks + bullish divergences H1 - bullish structure Looking for bullish setups during a pullback.
D1 - bottom of the channel. H4 - multiple false breaks + bullish divergences. M15 - bullish impulse. Expecting bullish moves from this zone or slightly lower. Looking for bullish setups on the pullback.
Yesterday there was a false breakout! super beautiful example! I will tell you below what a false breakout is! False Breakout Patterns False-breakouts are exactly what they sound like: a breakout that failed to continue beyond a level, resulting in a ‘false’ breakout of that level. False breakout patterns are one of the most important price...
Short Term Trend: Bullish. Price Action Signals: Price sold off after a false break out above the 14135 resistance level last week. Price moved down from a Bearish Pin Bar that formed just under the 14135 major resistance level, 2 weeks ago (counter trend). You will note last week we said ‘We are not looking to trade the break out above the 14140 level as this...
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A bearish shark checkback setup on GBPUSD presents a shorting opportunity for traders. Not only it gives a fantastic shorting opportunity with its amazing Reward: Risk. When news is very bullish on UK Pound and it doesn't move that much, it leaves a clue of shorting. Trade has engaged.
EURUSD didn't make a daily close below the trendline to produce a false break signal, and ojectively it has in fact signals some more. Looking at the head and shoulder topping structure while assuming the September top is in, this is a classic consolidation pattern of tight trading ranges forming a harmonious ABC move, so and I'd expect a solid turn at next key...
H4 - Price respected the 0.60 psychological round number and is bouncing higher from this zone. False break with bullish divergence. Based on the moving averages the slope is bullish. H1 - Bullish divergence. Expecting the price to continue higher further after pullbacks.
The S&P 500 is down again this week, but it’s trying to stabilize. Looking back to the left of the chart, a potentially important level could be in play. 3214.68 was the low on January 31. It was the last meaningful support level before the coronavirus panic swept the market in late February. Scrolling back to an intraday chart from that fateful time of February...
D1 - Price is respecting the 13,000 psychological level. False break with bearish divergence. Expecting corrections to happen now. H4 - Head and shoulders pattern. Currently, the price has broken below the neckline. Expecting the price to continue lower further.
In de post van gisteren zei ik dat het waarschijnlijk is dat Tesla naar de support van 900 usd zou gaan om twee redenen. 1: Tesla brak bearish uit de descending triangle. 2: De prijs zat onder de 21 ema. Wat nu echter is gebleken, is dat Tesla vandaag hoger opende dan de close van gisteren. Vervolgens zit de prijs boven de resistance van de 21 ema en de triangle....
D1 - Bullish trend pattern. The price has reached a key resistance zone formed by the 161.8% (0.96314) fibonacci expansion level of the first wave and the 61.8% (0.98591) fibonacci expansion level of the second wave. Shooting star candle pattern, potential bearish divergence. Expecting corrections to happen now. H4 - Engulfing candle pattern. The price has...