This is what gold would make movement when market start at Monday.
If you decided to invest on this strategies, make sure that take the responsible yourself on the volume and your balance account at risk that you can accepted don't make a gamble trade!
Beware at your investment. This is just my strategies and i have no responsible if you lost your money!
So take a careful of trading gold today because gold are movement in sideway and fixed trading range...
It really dangerous when price break the trading range , it act very strong so we need a stop out for a very low lost if want to trade today
Reason: Have a variety of news that make sense to the financial (FED , EU , ... )
I will update the scenario after...
Today we have a strong sell signal
Just follow my strategies if you interested.
Why does it strong sell signal? Because it was trading lower the uptrend line and had been retest the price at an hour ago.
So the resistance react very strong push the price down immediately when price hit the resistance zone. So we wait for the retest again for the better...
So here is the depicted of gold movement.
As we seen that there is a lot of amount of people who are sell there gold at the resistance zone.
Gold now try to break downward trendline, after the success break , it will try to test the resistance zone again and test the POC . if price closed higher than the POC it will be break the resistance, if not, it will try...
Here is the chart that i've tried to predict future.
So take a look on the chart and act with the chart price, not follow the trend if the trend is break.
Be careful with your budget i'm not take any responsibility on your trading if you using my strategies.
As my point of view, after the big impact news Employment Change from Canada, the price would act to test the 2 nearest resistance for a Midterm trend.
Because as we know yesterday, there is no change from the Bank of Canada (BoC) Interest Rate Decision , this mean we are still a big sideway zone from the March 2020 to now.
And as we know the primary trend is...
So EURUSD are not sure strong trend, in my opinions follow the chart depicted. It maybe make strong uptrend later or the difference side.
Because price now are not clear, it on the sideway zone and the price has just bounce back from the support zone.
We need to pay an attention on the price movement not act to take a movement before the price act.
The price it bounce back after hit the support zone, price looking forward to hitting resistance zone. So take a control risk to your account.
I am not take any responsibility if you use my strategies for trading.
You make yourself decision so control the risk that you can afford.
As the chart depicted, gold maybe make a movement to test resistance 2.
But we will unsure about how the United States will make a movement for the long term.
As the scenario after the covid-19, people back to work again. Gold will be the last ride to continue decline to the price it worth.
Just follow the long term trend. If the resistance 1 can't break , gold...
We are looking for a breakout and follow the fibonacci trend. Because today have a big news of nonfarm payroll. So keep the eyes on the US dollar movement, if it have a break out, this is our opportunity for the entry.
If not, just follow the trend sell signal.
Trend is a friend.
After the big correction from these day, GBPUSD seem like it not so strong trend to declined.
Now the price at a support zone. So we are looking for a breakout. Because yesterday, GBPUSD have just make a false breakout at my last analysis trading idea.
Today have a big news from US. nonfarm payroll and unemployment rate.
I believed that after the news, US dollar...
This is my Technical Analysis
Let take a look how gbpusd moving
After the correction these day, gbpusd will keep moving their primary trend
Entry point: on the chart
Take Profit on the chart
Stoploss on the chart
Warning: this is just an example how to analysis a chart. I am not take an responsibility of any loss you done with your account.
So if you use this...
This is the analysis 2 case which would happen in the HBC Vietnam Stock market
The chart is depicted the unclear information that the primary trend 1st phrases which point will be the end.
So let's consider with the fibonacci retracement and find the exit point for the end of the 1st primary uptrend.
First of all the volume profile make very clear that the zone...
This is a GBPUSD analysis intraday movement with a secondary trend.
The primary trend is an uptrend also price will test again at fib 0.618 again
All the information is on the chart.
This use fibo retracement, fibo weidge and EMA