anything like this then i will be happy taking this long, most sure for oil we will see some longer term buys soon from looking at price action but taking fundamentals into account as well, so be on your game with this :)
As we know price likes to repeat itself as we look left we had a move up and mass psychology played a roll with what happened next could we be seeing the same thing again with price or could we be moving higher ?? what the you guys think with this ? once again this is just advice not an investment!
looks very interesting at the moment, if we get anything along the lines as seen i will take the sell back into a double top area now, if we break the high this will be even better!
good morning traders, so this is a little breakdown on GBPUSD and EURUSD and what i'm looking at for the upcoming weeks, there's a lot of room on both pairs and now we just need to wait for the time or the confirmation before we take them, don't get the fear and greed of missing out as this can play on your feeling and emotions with trading we don't want this, be...
now we have had the push and the break this just looks to be more continuation to push lower making this pattern as seen i would set my order on the break :)
oil for a longer term but ?? would love to know your thoughts on this pairs we know oil has seen some strong tension but hitting some key value area at the moment!! 2 options on this setup
This is looking very very clean this to me will more than likely sell soon and looking at the lower time frames we can see price has come straight back into the pattern catching others on the wrong side of the markets we're seeing some nice price action on the 1hr and 15 mins TFs so find your entry :)
so after posting this pair looking at the large double bottom we have now broken this so take mass psychology into account now and lets see how we play on this pair there's a few options that can happen so lets see and wait for the right time!
so on the monthly time frame and this is now in a area of value so going down to the lower TF and we are moving more corrective now so i will be waiting for some bearish movement once again with the dollar pairs across the board looking very interesting at the moment!
So taking this trade into what's happened with price before this is a no brainer if you ask me so we either break lower hitting the outer structure and then start a bullish run or we start from the double bottom.
so with how current price has moved with this pair i will be more looking to sell at some point, we either correct higher and get a double top and then drop or we go early, looking at how corrective this move is this will be a matter of time before this sells! a few things can happen so we follow price action first!
so as you can see price has broken out from its corrective structure but is going to be testing another area as price might see some pulls back from but my overall bias for the future is for gold to eventually reach them last testing areas as marked but we might not get this with impulsive movements
been watching this for some time now i will expect another big rise soon once we have corrected pushing price out of that zone that is marked you can buy in this zone but expect some pull backs within it!! risk correctly
taking this trade and looking at only the DXY with this trade but with how corrective the structure has been over the years im sure this will see some strong impulsive movement to start this trade i will be waiting for that structure touch and then i will enter this trade can this move lower well of course it can but if you're risking correctly this shouldn't be an issue
so now the DXY is within a really strong area but this is really strong as seen with this bullish movement can this just push above and hover for awhile yes i think so, so just wait for the first move to play out but this could be key across the board with the dollar pairs
so as seen with the EUR this will be a big decider on what happens next with this pair as the DXY is getting into a key value area as the same with this current pair this will be very interesting on what happens next either way anything can happen just be open and neutral but this is looking very nice at the moment!
so this was playing with peoples emotions this so very common keeps dropping then rising and then we eventually starts so i will be now wait for a few things to happen to now confirm this continuation we need to now wait for either a few things to happen iv posted them on the breakdown !! we don't need to come back and retest this level just wait for continuation...
so as seen here this does not confirm yet that this can move higher but looking at the current price with how we broke and now retesting this area with a small hover running on that trend i'm going to set my entry just above as seen so if this does not play out then i'm not in the trade i prefer this type of entire i will be now waiting for another breakout soon