manqoz786

manqoz786

PIC IS LABELLED TO WHAT I THINK. JUST AN IDEA OF MINES TO WHER I THIMK PRICE IS HEADED.

manqoz786

EASY TO UNDERSTAND JUST AND IDEA PLEASE LIKE,FOLLOW AND COMMENT IF YOU FIND THIS USEFUL

manqoz786

WE HAVE A PUSH 1 2 AND AWAITING PUSH 3 TO BE COMPLETED ON THE4H TF AT A GOOD LEVEL OF RESISTANCE WILL BE LOOKING TO SHORT WITH A TP TARGET AT MY PREVIOUS BROKEN HIGH. PLEASE LIKE,FOLLOW AND COMMENT IF YOU FING THIS USEFUL.

manqoz786

WE HAVE 1 2 3 PUSH UPWARDS CONFIRMING UPTREND. WAITING FOR A PULLBCK TO THE MOST RECENT HIGH WHICH WAS BROKEN(WILL NOW TURN TO RESISTANCE) WILL LOOK AT THE 15MIN CHART FOR ENTRY(PRICE ACTION)DOUBLE BOTTOM WITH DIVERGENCE ON THE RSI ENTRY @ 105,185 SL @ 104,820 TP @ 105,700 RR: 1,4 JUST AN IDEA OF MINES.PLEASE LIKE, FOLLOW AND COMMENT IF YOU FIND THIS USEFUL

manqoz786

JUST AN IDEA OF MINES. SO PRICE IS CURRENTLY AT A GOOD MONTHLY AND WEEKLY ZONE OF SUPPORT(26.580). A WEEKLY BULL FLAG WAS FORMED AND BROKEN RECENTLY SHOWING TREND CONTINUATION. ON THE 4H THERE IS A POSSIBLE FORMATION OF A DOUBLE BOTTOM WITH NECKLINE AT 27.030. 27.305 WAS A ZONE THAT WAS BROKEN AND I AM AWAITING A RETEST.(SUPPORT AND RESISTANCE).THIS WILL BE MY...

manqoz786

SO WE HAVE A DOWNTREND..LOWER HIGS N LOWER LOWS.WE HAVE A RISING CHANNEL WHICH WAS BROKEN AND PRICE HAS RETRACED BACK TO THE PREVIOUS LOW.WILL BE LOOKING FOR A DOUBLE TOP in the 15MIN TF OR A CLOSE BELOW CANDLE AND GO SHORT.

manqoz786

A RISING WEDGE AND DIVERGENCE ON THE RSI...WILL GO LONG

manqoz786

ON THE WEEKLY TF,PRICE IS CURRENTLY IN CONSOLIDATION .LEVELS AT:RES(1.21870)SUP AT (1,16822)AFTER A DOWNTREND,WILL WATCH FOR A BREAKOUT IN COMING WEEKS. ON THE 4H TF AN ASCENDING WEDGE HAS FORMED,WILL LOOK SELLING OPPORTUNITIES FROM RESISTANCE. ON THE 1H TF I WILL ENTER WHEN THE MARKET OPENS.PRICE HAS PULLED BACK AND CLOSED ABOVE THE 50 EMA SERVING AS...

manqoz786

ON THE DAILY TF PRICE IS ON AN UPTREND (20EMA ABOVE THE 50 EMA)WE HAVE A CORRELATION ON THE 4H TF WITH A 1-2-3 PUSH UPWARDS.PRICE HAS ALREADY PULLED BACK TO THE PREVIOUS HIGH,WHICH SHOULD PROVIDE SOME SUPPORT.THERES A BEARISH PUSH DOWN, FOLLOWED BY A HAMMER.I WILL WAIT FOR A CONFIRMATION CANDLE (BULLISH) ON THE 4H TF OR A BULLISH CLOSE ABOVE THE RESISTANCE ON THE...

manqoz786

SO EVEN THOUGH THERES A DOWN TREND ON THIS PAIR,,,ON THE WEEKLY TF PRICE IS AT A SUPPORT ZONE,WITH A POSSIBLE HAMMER FORMING.ON THE THE DAILY TF THE PUSH PHASES HAVE BECOME SMALLER.GOING TO THE 4H TF PRICE IS AT A SUPPORT LEVEL ALSO.IM GOING LONG WITH A RISK REWARD OF 1:3.3.....JUST A THOUGHT

manqoz786

long..refer to my PREVIOUS post.

manqoz786

SO THE GBPJPY AND GBPUSD MOVES TOGETHER.(POSITIVE CORRELATION)PRICE HAS TOUCHED THE 20EMA AND CLOSED ABOVE THE MOST PREVIOUS HIGH.IM EXPECTING A SMALL PULLBACK TO AROUND 135.890 N THEN GO LONG.ORDER WILL BE SET WITH A 1:4 RISK REWARD RATIO.JUST AN IDEA..IVE LEARNT THAT NOT EVERYTHING GOES TO PLAN AT TIMES.

manqoz786

SO THE 20EMA IS BELOW THE 50EMA..AND WE HAVE A 1_2_3 PUSH DOWNWARDS.ASWELL AS A BEARISH FLAG WHICH HAS BEING CREATED.PRICE IS ALSO AT RESISTANCE(A PREVIOUS SUPPORT HAS BEING BROKEN)WILL BE LOOKING FOR A BERISH SIGNAL WHEN MARKETS OPEN....IN THE LOWER TIMEFRAMES TO GO SHORT.

manqoz786

SO AN INVERTED HEAD AND SHOULDERS PATTERN HAS FORMED N THE NECKLINE HAS BEING BROKEN.I WILL WAIT FOR A RETEST OF THE NECKLINE BEFORE I GO LONG.I AM EXPECTING PRICE TO TOUCH THE 20EMA ON THE PULLBACK.WILL NOT TAK THE TRADE IF PRICE CLOSES BELOW THE 50EMA.

manqoz786

SO PRICE HAS BROKEN A PREVIOUS SUPPORT LEVEL ON THE 4H..WE ALSO HAVE A NICE DIVERGENCE THAT HAS BUILT UP ON THE RSI.PRICE SHOULD RETREAT TO PREVIOUS SUPPORT THAT WAS BROKEN FOR A RETEST...WILL THEN LOOK FOR A SIGNAL TO GO SHORT...JUST AN IDEA OF MINES.

manqoz786

idea

manqoz786

PRICE IS CURRENTLY IN A RANGE..WE HAVE A PUSH 1 AND 2 AND PRICE HAS TOUCHED THE 20EMA AND DID NOT CLOSE BELOW THE 50...PRICE IS STILL IN AN UPTREND.WILL WAIT FOR AN ENGULFING GREEN CANDLE TO GO LONG WITH TP CLOSING ABOVE THE LAST HIGH..AROUND 1899....IF PRICE CLOSES ABOVE THIS PRICE...WE MAY SEE GOLD HEADING UP TOWARDS THE 2350 MARK..this is just an idea that i have

manqoz786

20 EMA IS BELOW 50 EMA ON DAILY TF.PRICE HAS GIVEN US A 1-2-3 PUSH DOWNWARDS SO I WILL LOOK TO GO SHORT.PRICE HAS RETRACED TO THE 20 EMA AND CLOSED BELOW IT PROVIDIN RESISTANCE.PRICE HAS ALSO CLOSED BELOW THE 50 EMA ON THE 2H TF.ON THE 4H TF WE ALSO HAVE A BEARISH FLAG WHICH SUPPORT WAS BROKEN.WILL WAIT FOR A RETEST AND GO SHORT WITH 1-1.6 RISK REWARD RATIO.JUST...