Would love to reach 500 followers before the year ends! :D Here's my outlook on the Big one... Gold.
Here we have a. lovely area of structure that you can clearly see whenever price pushes down into it it reject's it like trump was rejected from the office.
If we see price back into this area we'll look to get into a buying position.
VIENDO ESTE GRFICO , COMO EL BTCUSD Y ESTE TENEMOS UNA MUY GRANDOE POSIBILIDAD DE QUE EL MERCADO BAJE EN EL PLATINUM NOS ENCONTRAMOS CON GRANDES PUNTOS DE VENRA PERO EN EL BTCUSD , SABEMOS ESTE AÑO QUE BIENE HABRÁ UNA CAIDA MUY FUERTE EN EL USD Y ESO AFECTARÍA MUCHO EN EL MERCADO Y SU ECONOMÍA
I expect a final push into the key level marked before we see any signs of a sell off. This is a good area to place a buy limit because it is an order block region and the SL is protected by the ascending trendline.
Sentiment Data - 66% Long
COT Data - 64% Long
Gold H1 - Little bit late on this one because of the weekly watchlist video upload, but support at 1850 seems to be holding really well over the last week. Multiple attempts and rejections. Nice impulsive buy zone.
USDJPY H1 - If we see DXY break this current resistance price we could expect something similar on UJ as indicated. Really need to break 104,800 and set new highs first of all, but this should tie in with DXY and UC too.
I hope you all are enjoying your trading journey.
I would like to share my GBPJPY trade setup with you guys.
Note: I don't advise anyone to follow my shared trades. I only share my setups for learning purposes. If anyone wants to follow my trades you should always double check it with your own strategy and take trades at your own risk.
CADCHF- We can see price has broken out of this ascending TL which it was respecting and now made a lower low (potential change of directions) however before entering we need to wait for the 1H close to confirm a lower high has been made. We have a good number of confluences forming here which are, price has retraced up to the 38.2 fib level and 50EMA which is...
Nice BUY here on AUDCHF, Not expecting much movement today due to UK bank holiday but still a nice running trade.
What is our strategy?
Our strategy is a trend following strategy - that is coded in pine script to use with the trading view platform - the entries are shown automatically! NOTHING is done manually, it can be used on any instrument and time frame....
if you are struggling to make predictions on gold atm, you are now alone.
I am also stuck with its price action and behavior during the last two weeks.
technically the price is now trading in the middle of August's trading range.
the support of the range is based on the rejection wick of 12th august candle and two major...
UK: Despite a small increase in the CPI due to easing lockdown measures, the BofE is unlikely to change its stance. The market will react in consolidation to last week's news in the UK of the uncertainty of a post-Brexit trade deal with the EU, the UK's debt being larger than GDP and the figures casting a recession.
USA: Unemployment figures start to...