HI TRADERS... The price in broad bullish chanell in HTF and we have fristly wedge bottom secondly bullish break out along with EMA GAP On other hand price have a good consolidation away from DemandZone i think buy 50% pullback and scale in lower price upper DemandZone is a good idea
HI TRADERS ... after the formation of Exhaustion Gap and test of Measured Move (Based on height of Trading Range) and then LH Major trend reversal i predict the price will come lower
HI. good luck traders! price action / mtr be care .. FIRST TARGET : 28290 SECOND TARGET : 28135
Subjective analysis based on the Al Brooks method. We have a broad bullish channel, and within that channel we have an upward and downward trend. If the context continues in the same way (it will probably continue until the market cycle changes) it is possible to imagine a new bearish leg that sets up a new bearish trend within the broad bullish channel...
XAUUSD H4 IN TRADING RANGE AND SHOW WE HEAD AND SHOULDER PATTERN WILL BE MAKE ON CHART AND WE ARE SEE SELL PRESSURE IN TOP ZONE
USOIL opened with a massive gap that broke through some resistance lines outlined in the earlier posts. Currently the market participants are seemingly waiting for a pullback to enter limit buys and potentially targeting couple of hundred ticks. This chart shows possible price movements during the next couple of weeks. Limit buy orders around 5225, the top of the...
3-push Wedge and micro higher high Double Top Major Trend Reversal. Failed Breakout, couldn't go above the bull channel. That ended up as a bear bar closing on its min and leaving a decent tail on top.
Micro Double Top Major Trend Reversal. Several consecutive bear trend bars. Open gap down. Enough at least for a scalp.
USOIL -0.09% is seemingly about to pull a major trend reversal on the 5H timeframe. The 6780 area resistance is the first zone that bulls need to clear to pave a way to the gap area around 6850. Currently the 5H shows a pullback formation within a bear trend. If sellers persist, they will add shorts around the aforementioned resistance area of 6780. If demand...
EA is within a broad bear channel. Wedge of 3 reversal attempts. Nested Double Top Major Trend Reversal.
DX is seemingly in an overextended bullish impulse leg. Fading short entry here would be premature. Waiting for the next weekly close and entering short if the close is bearish would increase the odds. Trading profitably, the higher TFs in particular, requires a lot of patience, sound risk & trade management techniques coupled with a clear understanding of...
MOD a Kalahari Copper Belt explorer are actively defining a large copper resource. Current bull case based on the small portion of the tenements explored to date is for a USD2.3b copper resource (coincidentally there are 2.3b shares on issue therefore $1 of resource per share), as they continue to drill out the targets this resource is expected to grow. AISC...
MOD Resources are aggressively defining a large scale high grade resource in Botswana, at least 8 rigs are currently in action with several other price catalysts anticipated near term. There are close to 2 billion shares on issue therefore this tends to move somewhat slowly however as has been seen by the historical shifts when it does move it can be significant....
ASX listed MOD resources are developing a large copper project in in the Kalahari copper belt of Botswana in partnership with AIM listed Metal Tiger AIM.MTR Chart has seen a long consolidation zone around the 6c mark with recent volume entering at the long term trend line, suggesting a break out is likely to occur in the near term. This aligns with potential...
Looks like a Good Major Trend Reversal
The basic premise of Major Trend Reversals, From Al Brooks Video Series. I will be trading this way for a while.