Ojnumber1

Ojnumber1 Updated 

gj is in a pitchfork pattern on daily chart. caught in a zone 195.000 and 126.600 on weekly charts. price bounced off support 126.600 moving up but 169.000 holding as resistance causing a double top at .618 fib retracement level and top trendline of the pitchfork. we can expect a move to the downside targeting 159.000 since thats the .50 fib lvl and the top of the...

Ojnumber1 Updated 

eu closed below then attempted to break last lower low 1.075 but failed. so im expecting a new leg to be made using fib as tp

Ojnumber1

gold touched strong support 1785 and bounced with a lot of bullish pressure. it made an obvious double bottom but on higher tf you can see a h&s pattern. I believe 1785 was just a demand zone for buyers short and long term. if the h&s pattern is valid we will see a rejection off 1830 to the down side with heavy selling pressure but if not we can see price touch...

Ojnumber1

gbpnzd is caught in sideway action. gbpnzd is respecting daily bull trend line still so buyers are still in it. it recently rejected the .50 fib retracement from the move down after rejecting 2.0500. the downward move also met support at 1.88000 and bounced off daily trend line creating w patter and showing bulls strength still. im expecting a minor retracement to...

Ojnumber1

au is in a megaphone pattern . price recently bounced off the bottom megaphone trendline and major support 70000. au met resistance at 72700 supply zone and created double top. strong bearish movement broke 4hr trendline. price is nearing 70000 support again I believe for retracement before continuing to 76500 but at least the .618 fib retracement which is 73500

Ojnumber1

gold is in megaphone pattern atm. heavy bullish power and left us a strong 4hr candle with no obvious retracement. price closed at the top of the megaphone trendline inside a supply zone which is near a strong resistance. also price is respecting the 4hr .618 fib retracement from the move down from 1917-20. if bulls is present when the week open and break 1978...

Ojnumber1

resistance at 1855 which is also 50 fib retracement failed to make hh sellers came in heavy also triple top. tp1 is 1840

Ojnumber1 Updated 

gold looks to be in Wyckoff markdown phase. resistance at 1860 and 1855. expecting price to break supports and create new leg to restart process

Ojnumber1

price is in range 1870-1836.. price rejected off 200 ema and 1856 creating triple top. Lowe tf shows bears are starting to take control of the market

Ojnumber1

grab more liquidity up top. h&s still valid strong bearish candles and double top at 1851

Ojnumber1

h&s pattern gold rejected off .618 after retracement from last move down. resistance at 1854 held.

Ojnumber1

nice morning star being formed with strong bearish candle. rsi divergence on 5m tf and 15m tf and resistance at 1850. futures is expiring today so im expecting bearish movement. best confirmation is closing below 1846.

Ojnumber1

heavy resistance at 1867 triple top at liquidity area. breaking trendline and lower lows with large bearish candles

Ojnumber1

gold seems to be making mirror and also made a teacup and messy inverted h&s . a lot of bulls entering the market and on daily tf overall trend looks bullish . better confirmation is b&r on 1865

Ojnumber1

resistance at 1859. double top in liquidity, rsi divergence on 15m tf

Ojnumber1

resistance at 1854 created double top. seems to have retraced to .618 retracement. right shoulder of h&s pattern seem to be forming. rsi divergence on 15m tf.

Ojnumber1

resistance at 1866. failed to make hh and engulfing bearish candle. also a lot of bearish candles showing sellers interest. b & r of 15m tf trend line

Ojnumber1

resistance met at 1849. triple top formed at liquidity area and a minor trend line on 5m tf broke. bulls seem exhausted atm and a wick fill is coming