- Possible bearish pullback price movement towards the support 1700 within the next period.
At the beginning of the year OANDA:XAUEUR broke the down side channel. While banks are bankrupting, we see once again gold is the safe heaven for many people. Most importantly for the central banks which have been accumulating physical gold. FED and ECB will struggle to further increase the interest rates. We may see new ATH within a couple of months! Crazy...
am seeing a drop on xaueur at higher high ,last week we saw the bullish moment in gold and all other major pairs due to the affect of news but market did not break its higher high its a opportunity to sell it
There should be a maximum of 4-6 candlesticks at the base. The less number of candlesticks at the the base the more the strength of the zone and vice versa . other features of a good zone include : -tight candle bases with bodies less than 50% -strong departure , 2nd leg (IMPULSE) with at least 2 ERC candles closing at its high (about 80% of the whole candle...
SMC Buy Limit XAU/EUR Grabbed Liquidity BOS R:R - 1:6.63
Xaueur, gold 4hr deep crab and weekly chart bullish flag Pattern Formation, 4hr short as retest and expected to up again as Bullish flag, idea sharing thank you
Xaueur gold Deep crab Pattern Formation Deep crab XABCD in Ratio, RSI in Divergence mode as per mantioned in chart Stochastic overbought idea shareing
Possible increase to at least 1767.852, cancellation if price breaks 1760.022. This does not constitute a solicitation to trade.
XAUEUR Bullish flag weekly chart Idea sharing for Retest and again all time high to test As 001 bearish deep crab pattern formation in 4hr chart is the 3rd target of this retest zones
Deep Crab Pattern Formation, Xabcd short RSI in Divergence mode look left 1st target mantioned, 2nd and 3rd as per B and C
Possible drop to at least 1760.312, cancellation if price breaks 1774.790. This does not constitute a solicitation to trade
Possible drop to at least 1751.524, cancellation if price breaks 1757.457. This does not constitute a solicitation to trade.
this might be the best opportunity to hold a sell on gold
Possible increase to at least 1707.567, cancellation if price breaks 1702.718, RR 1.65, break Even plus partial closing at the reach of price 1707.567. second target if no return to the entry point 1712.367 RR 4.34 .This does not constitute a solicitation to trade.
From my perspective and experience about Neo-Wave, It looks like we are in the pattern called "Double Combination with a Missing-X Wave". I'll explain the reason why I think it is. I gradually separated each monowaves segment, then I found that it has 2 sideway phases and 2 down-trend phases. I examined possibility which pattern can occur, here's the list. Can...
Idea: The price is trying to break through an important resistance level - the weekly 50 MA and the upper border of the descending channel. A price rebound from the resistance level will lower it to the lower border of the triangle. Breakdown of the lower border of the pattern will be a signal for the continuation of the downtrend