so i will give to outcomes across the board with this index only due that we can still get to them outer highs before we sell off but just keep a close eye on price action and watch for any changes within patterns or structure you need to the aware this can happen so i will post this other outcome but that means the EURUSD pair will probably break and drop to...
so as we get to this outer structure this is what i will be looking for now please be aware this setup can change if we open strong and have some good momentum but filter on the lower time frames and see how we get there i will be looking for signs that we can move lower any patterns ETC just be patience and wait this would aline over with the EURUSD breakdown...
so gas in now coming into an area which can turn gas around with some really strong momentum here we're not far away either just look at the bigger picture here ? 1.566 or just below can we break through course we can but let's see how price falls down around that zone!
so this is the bigger picture for EURCAD and justs look at price action here and if we had impulsive moved lower and broke that strong area then i would rethink my bias but this looks really nice at the moment we will see how price is developing when we open tonight :) could be some really nice moves on this pair!
now iv been watching this pair for a long time and just take a look for yourself even on the higher time frames this is getting ready to TANK to the up side soon all this movement up and down is the banks getting more and more orders as seen in this chart but we will go soon and some big % on the way up :) still needs time to reach the bottom so just keep your...
another nice setup here kept it clean this is now looking at how price has devolved after the first impulsive wave is not normal so this tells me something is changing within price structure, as you can see need more time but this would be a nice RRR is this plays out
after some nice bullish momentum to an area i was looking at now we see already a few rejections showing but this doesn't mean we can short from this zone yet as you can see we still could break higher and get my prefer entire at the top of that outer structure for that 3rd touch which would be a valid entry and line that up with a strong zone within price, but we...
price is showing that we,re close to breaking out so we wait for the highest probability that would be back retesting the last highs first, but this still could break lower first so just be patience and see how this develops i will check the lower time frames for any setups and keep this posted!
adjusting price action on its own can tell you a better overlook on price action as you can see here 4HR time frame so a few options here, we find low momentum around this double bottom area and push back up once again before getting a 3rd touch within the structure and coming back down for another test or we either break with some strong momentum to the down side...
looking very clean structure this nice double top breaking again that last high and impulsive breaking out to the downside now we wait for the corrective phase to conformation our trade for more downside lets see
looks a great setup ? but could this happen ? yeah it could but then its how we get there for a start if this shows some strong bullish movement then i will re think on my bias but if we start to show signs that we're rejecting or show any clear flags wedges ETC then i will be placing this trade :) filtering this trade on the 15 mins or the 1 hr only due that you...
this was a fantastic trade looking at the psychology behind why this trade was taken in the first place we look left and see just before this trade we had 3 high top area, 2nd taking out the last high then dropping or if we trade supply or demand you will understand what this was doing IE filling more orders up so in this case comes back taking the retailers out...
so this is my overlook on gold at this current time and its looking really good but we might need a bit more time for price to develop a bit more but this shows a few different types on what could happen with gold as we know this doesn't have to happen. but this looks very clean and has a good probability hope you enjoy :) please let me know what you think!
so price is slowing down at the moment with this pair but on the daily time frame this looks clean we're a bit away yet from reaching this double top area which is a really strong area as we have been bouncing of that resistance for some time now but with the way we are moving and giving the corrective price action this could go early
so looking at this now if we break below this strong area then gold will start to move but looking at this price action now if we wait and retest this zone and the back of that downtrend acting as support along side with other factors then we will see gold drop and the dollar rally up to around 98.55 area but i like i said if we break then gold could start its...
so adding up a lot to why i would take this long under the 200 EMA landing along side the 382 fib and retesting a good area of support once again and backing by the higher time frames this could go higher than my TP target but i like to be in and out of the markets depending on how i see a situation not a lot of room left before we could see some big bearish...
So i like to forecast what could happen on every trade i take always finding the best highest probability, this setup looks so clean at the moment be nice to know what you guys think and if we forecast both situation then we wont be shocked when it doesn't happen either gold for the win :)
price is coming into a key level now so daily time frame and looking left and seeing what we have had before now will this go early or could we still have a bullish run taking the last highs out and then we drop ? looks clean at the moment lets see on the lower time frames but keep this one open as we could still reach highs above this zone