This pair will retrace to the green line before dropping back to the yellow line Any feedback or ideas are welcome :)
This is an update to my previous chart, I appreciate the last one wasn't that informative so I've done a bit more reading and i believe this one paints a better picture :) Price is heading down on the 1h chart and there is divergence spotted on the 4hr as well as the higher TFs The highlighted red zone is strong support for GOLD but once its broken its a...
Price will continue to move into the RED area before reverting to the green area
AUD Pairs seem to be doing the same thing Buy once price leaves the highlighted area
Price is bouncing around in the red area.. wait for it to break then sell to next area
Wait until price breaks out of consolidation and sell to blue area.. potential to go to orange area but risky
Price was rejected previously and continued to rise which just means more pips for us ;) Sell when price breaks support to next highlighted area NEVER JUMP INTO A TRADE UNLESS ITS CLEAR
Chart looks clearer now, buy once price has broken resistance
God damn Silvers easy this week... Quick setup Sell once support is broken
Before price shoots up its going to drop again, wait for it to break consolidation and dump it to highlighted area
Once price breaks out of consolidation buy to next point of highlighted resistance
Expect price to reach the highlighted support area before reversing and shooting up to resistance area
Price has been consolidating in the highlighted area for a bit.. price may go up slightly BUT once it breaks support shes gone.. (last chart was a bit of a mess so thought id redo it)
Price is floating around the highlighted area, once broken it will fall to highlighted support or even lower Divergence is spotted on weekly / monthly and daily... Market Collapse in bound.. ;)
Once reistance is broken buy to next highlighted reistance level Price is retracing to previous level and divergence has been shown on lower TFs
When it breaks support then sell it to next highlighted area
Once resistance is broken buy to next highlighted area