FeelsFX

FeelsFX

In a philosophical way the money is a measure of value and all its quantity represents the resources from beneath the ground that are constantly being dug each day of our lives. Deluting the quantity of the currency supply does not change the value of every rare earth which came out of the ground to construct our physical world or the nutrients which fuel our...

FeelsFX

An angry fish has formed around a very interesting trendline which transforms into a pennant which could very much be bullish if we look at the fundamentals.

FeelsFX

Support level tested. We are about to test the previous long-term high and hopefully breakout.

FeelsFX

The red downward trend seems to have ended. As seen on the chart a new channel with the solid green line has formed. The true value of gold right now is at about 1150-1200 in my opinion (if we trust inflation indicators). After the bear market following the last boom of gold we are finally seeing some higher lows. The forming channel is going towards the sacred...

FeelsFX

Gold meets a very important daily resistance level at 1240. Successfully breaking the level and retesting it is most likely going to be the beginning of an upward trend. Fundamental analysis makes me think we are in a bullish gold market already which means that a failure to break the 1240 level could result in a double bottom pattern and break out eventually.

FeelsFX

U see what u see. Gartley butterflies bats all there. Limit orders used as entries of these potential bad boys are prefered since they kill all the emotions durring the entry process. Fucking it up because of overthingking and feels is always bad. MY OPINION :) watch em

FeelsFX

Zooming in would be useful in this one. First, starting from the biggest one which is a possible bat pattern. It's time frame is daily but I decided to include it in the 4h chart idea. 2nd is the Green Gartley pattern mesured by 1.27AB expansion D point. The other 2 patterns are gartleys as well mesured the same way. Entries are represented by the horisontal lines...

FeelsFX

A cypher pattern and a bat pattern within some pips are definetly a buy signal.

FeelsFX

1 Bearish pattern right on a structure level and two bullish patterns which are probably getting invalidated but i still want to include them in this idea so you guys can see them - a bat pattern and a gartley pattern. Soo we are waiting to see what the price does.

FeelsFX

Its just a completed gartley pattern. Entering long unless we get a big gap to the downside.

FeelsFX

Everything aligning around the structure level and the Cypher pattern. The Gartley pattern is with 1.27AB ext. D point which so far does amazing job. Everything else is on the chart. Entering in the blue window. Have fun.

FeelsFX

A couple of possible patterns. Green Batman pattern, Blue Gartley and another Batman pattern this time in red (its almost on .618 but hasnt quite touched it yet so its still a bat). The bearish patterns have structure just on their D point which is another reason to trade them. HARMONICS ARE BEAUTIFUL

FeelsFX

A beautiful cypher has formed. Targets on the chart. A decent RR. Structure level right on that D point. That's all, folks.

FeelsFX

So the blue resistance is above the bat completion and if we have a trend continuation (BEAAARISH) we shall bounce off that resistance. So if it reverses and enters the zone place stops below it to secure some pips. If we get a bounce short positions will be a fact.

FeelsFX

So, fellas, the blue rectangle represents a pretty strong resistance for todays price action. The level has been tested quite lot and we have a lack of price momentum right in that exact area. Further price decline will form a gartley pattern since the .618 level is around that resistance level I was talking about. Shorting now is an option. I would personally...

FeelsFX

We are getting close to a Batman pattern completion but meanwhile check out the history for 2 years. 1.Cypher pattern 2.Gartley pattern 3.Batman pattern 4.Gartley pattern 5. And now a big Batman's near completion.

FeelsFX

Everything's on charts. The first reversal candle is on.

FeelsFX

PRZ: 1.27BC projection, .786XA retracement and an equivalent AB=CD. Targets on chart.