Keeping it simple, exiting at 2029 CAPITALCOM:GOLD
I'm very familiar with this, it's consolidating towards support slowly slowly. I've checked the economic calendar, there are two major events that'll affect this, it could be a strong rally on this one. Bullish on weekly and monthly TF, I'm just cautious of the the bearish candle on the daily TF. I'm going to see how this goes after the news and might use low...
Waiting to see how price reacts at that supply area it touched, I want to go long but need proper confirmation. CAPITALCOM:OIL_CRUDE
Look back at my previous NZDUSD analysis in my ideas from where it started. This idea is a continuation, the probability of this setup is high. CAPITALCOM:NZDUSD
Price failed to break that high so you know, it might go down; however, on weekly/monthly TF it's looking bullish so I'm being careful. I'm personally waiting for it to break trendline, retest and give me a proper confirmation so I can short it down to 97.320 (near 0.5 fib level). I'm picking the 0.5 fib level as my exit just in case if price touches that level...
I rarely trade Natural Gas but I often get good rewards from it quickly. Overall it's bearish, just had a breakout at support and daily candle closed strongly bearish, I'm shorting down to 2.7300 with small risk. It could touch HTF demand and go up to HTF supply and then continue back down again, go up to HTF supply and then continue down or just continue going...
Bearish on HTF, breakout at support trendline, retest on failed demand OB, there's an imbalance from a while ago that'll probably fill as you can see where I highlighted the bullish impulse candlestick red. When the market opens, it may consolidate upwards a lil bit before pushing down of course so I wouldn't enter immediately. Exit at the -0.5 and -0.618 fib...
I am already in profits on this trade from earlier, I'm sharing this analysis for Monday. Strongly bullish on the daily TF, breakout at resistance. There is a 4hr OB at 0.60627 which I will enter next week, my stop loss will be 0.60475 and exit will be at my -0.5 and -0.618 fib level (at price level 0.61575 and 0.61750). I used an extended Fibonacci retracement...