AlexBalboa

AlexBalboa Updated 

Gold retraced to the 1840s area an we might see a consolidation between 1860/1840, if that happens we could trade a possible breakout to the downside. I wouldnt go long near this area since its a strong resistance.

AlexBalboa

Looking for a retracement in gold around the 1850-1840 area to short. 1800 is acting as big support but there are no sings of a bull reversal, expecting a simple retracement and a bearish continuation.

AlexBalboa

Price rejected the 50-61.8 area, looking for a bearish movement

AlexBalboa

ABC PATTER

AlexBalboa

Broken trend line, I am looking to go short at 149.

AlexBalboa

Elliot Wave, looking for the ABC correction to the downside + rejection candle at retest of broken trendline.

AlexBalboa Updated 

Trend continuation

AlexBalboa Updated 

ABC from Elliot wave

AlexBalboa

ABCD pattern in down trend :p

AlexBalboa

Elliot wave idea, analysis in the chart :p, waiting for an ABC correction to go LONG around 1.15 - 1.14 area. - With the dollar getting weaker this can be a good oportunity tu buy euro

AlexBalboa Updated 

We had a perfect Elliot wave in this last 10 week, now i will be looking to go long, i will be looking to go long in a 50% retracement of the last 4hr candle since it had a big rejection from that 1.44400 montlhy support, a more conservative approach would be waiting for the daily candle to close and if a pin bar is formed, enter long in a 50% retracement from...

AlexBalboa

Bearish gartley pattern in gold + retest of broken trendline. Good luck :D

AlexBalboa

We might see price drop to .93400

AlexBalboa

Chart is a little bit messy but there is lot of confluence in that .74770 area, where there´s 61.8 retracement from last impulse leg + 161.8 expansion from a possible harmonic pattern in lower timeframes, I will get in the trade around that .74770 area :p

AlexBalboa

Shorting EURCAD , see my other EURCAD Elliot wave idea , chart explains itself :D

AlexBalboa Updated 

.Retest of broken trend line + double top in daily + overbought, expecting to go all the way down to .66700

AlexBalboa Updated 

Shark pattern at strong weekly support, possible bullish reversal

AlexBalboa Updated 

We can see an Elliot wave pattern in GOLD; 12345 has been completed and now we might see an ABC correction ( A and B already formed), I will trade the last impulsive leg to the downside, I will look to take profit at the 1220 zone. We can also see a clear daily rejection at the 1255 zone, so bears might take control. Good Luck :D