Price has moved off the ascending trendline as can be seen on a daily timeframe. Price is also forming higher highs on this timeframe too. The 4hr chart shows price is retesting the resistance area. It'd be interesting to see what price does around this level.Waiting patiently for a setup. Happy Trading
Price has bounced off the rising trendline as seen on a daily chart. Price has been pushed and there are long candle wicks on the daily chart higher highs. The 4hr chart shows the price has moved back to retest the broken support and now resistance area. It would be interesting to see what price does around this point. Price can do either way. I'd wait...
Price has dropped after reaching the descending trend line. There is still room to go lower, but price is currently at the 618 level of the last impulse, which also coincides with the support level. Happy Trading
Gold is slightly down at the moment and may make a retracement. Potential setup down
Possibility for price to go higher. Price is at the near end of the Trend Line and has also formed a flag/pennant. Waiting for a breakout and then for a suitable setup to go long Price could also come down to the support level indicated on the chart. Happy Trading
This is something which I am too familiar with, but the chart suggested the price will be going up.
Daily Chart shows prices has hit resistance and is making a fall back to retest the descending trend line. Thereafter will look to go long. Targets are shown
Price has broken down past support on a daily chart with a strong candle. Price currently sits around the long term rising trendline, but the 1hr Chart shows price is forming a structure and there is a possibility it could break lower to long term support
Price has broken down past support on a daily chart with a strong candle. Price currently sits around the long term rising trendline, but the 1hr Chart shows price is forming a structure and there is a possibility it could break lower to long term support
Price has broken a Key Support level and is looking to retest. I anticipate the price to retrace to the broken support turned resistance level and then price to fall to the target levels
4hr gives a clear picture of a retracement to the Fibs levels which also coincide with the rising trendline. Entry point going long would be around the 618 level or near the rising trendline
Price is reaching the tops and is starting to get squeezed into a wedge. Price is also moving sideways. Price has also broken recent resistance and should look to retest it or test the rising trend line. Price can be seen breaking the resistance level and is still contained in the wedge. I expect a retest of the Resistance turned support, or a retracement to...
4hr Chart shows the purple descending trendline has been broken and price has retested this area. The retrace back to the trendline is a 382 retracement level so there is confluence there. Looking for more upside. Targets on the charts
Daily Chart shows price is at resistance levels and is forming a wedge. Price has been pushed down but still remains in the wedge. The 15min chart gives a good setup to go long to reach the interim targets as outlined on the chart
Daily chart shows the price broke out past the purple line and has retested the area. This area itself has a lot of support, a rising a minor and major trend line which price is respecting at the moment. Looking for price to move upwards towards the 1.618 ext level
Daily chart shows the price broke out past the purple line & has retested the area. This area itself has a lot of support, a rising a minor and major trend line which price is respecting at the moment. Looking for price to move upwards to the 1.618 extension level
Seeing a nice long opportunity here. Hopefully this will benefit someone. Messgae me if it works out for you or leave a comment Targets are set. Trade active