after a strong move back up now looking for continuation for the next wave on here
here a great setup for a long term buy on this pair now look how price has fallen over the past month or so ? this would be a fantastic trade to catch and hold for the long term what do you guys think and see with this ??
supply and demand just go from zone to zone ? looks nice at the moment can take price up and down let me know what you guys think if this is better for you to see :)
could this be trapping us out ? so this is why we wait for the correction phase to play out here this needs to be confirmed first IE something along the lines like this please understand this wont land perfect but you can see what i'm doing
looks like we could sell from the 3 touch on the triple top area and price is moving nicely upto that zone this could drop even further but lets be safe!
this could sell from this area first and lets see how it falls from this point now if its corrective in nature then this will tell you longs could be coming into play but take price action on how we got there this could sell first before a long lets see how it is, this by all means could break above retest that zone and go long so anything can happen around this area
looking for the 3 touch on this trend, either way for the break and enter or either take a risk entry at the top of the structure and lines up with the double top
prices likes to repeats time and time again as you can see both trades are the same but the right being the bigger version look at how price moved up with some strong bullish momentum but as seen with price action this played a roll in catching other out buying when they see candles like that, then what happened next we moved up into a correction followed by a...
could be a little buy on gold here target in red the area to look out for either way for a rejection from any of them levels 50% or 618% again we see the trend in this im going with the trend for this sort term now hitting an area or counter trending to a support level
keep this simple this is what we need to see with this pair now a clear break of structure and we wait for the correction before going long once again if we dont then no buy on this trade !
here's a good setup i would say for a sell can see how price has moved up we go from the double top or we just break that getting the 3 touch on that expanding pattern and then sell from there ?
wheat is coming back down to an area of value clean structure and clean price action is forming on this the area in mind as shown with this breakdown on the charts!
this is to be confirmed as seen after a break of structure now we need to wait for the pull back to be confirmed this is looking really clean for more downside at this moment in time but again just be open for price to still move higher and watch how price moves before jumping into a trade what do you guys think with gold ? bullish or bearish ???
as seen with this breakdown now looking at the overall price action on UC, i would be looking to take this long once we get the 3rd touch on that trend line we can see the double bottom area course this can go from there but i think it will push below that zone and then move from the outer structure.
so this is the weekly time frame and this is looking really clean for a strong bullish push to the upside, this will play a massive part with psychology as seen we're approaching a weekly double bottom but dont be but of with the current momentum just wait for the first push up and then wait for the confirmation before buying this trade keep this on your watchlists :)
oil update this is getting very close now to this area, just a waiting game now but this could have a some really good movement, either wait for the first impulse and then catch the correction or take a risk entry on the 3rd touch on the trend line has traders will start to sell at that point but we wanna buy
morning guys and girls, so ive jumped on and done a little breakdown on gold and looking at what could be next with price theres a few situation that can happen next so just be ready for the next moves with gold its all explained on this breakdown hope you all enjoy have a great day :)
the update with this and looking now we wait to catch the next phase for the continuation for more down side. but understanding this could come back up once again before dropping out of we get the counter trend IE flag or correction then we sell