Sellers are taking control of the price action. I will be expecting retracement starting into next week and will be looking for price to form LH to sell into LL. This this trade idea with your trading strategies and analysis.
With price in a bearish trend, we had a decent retracement from last few weeks which it seems coming to an end, my bias is that price will resume its downside trend. How to approach it, wait for the price to retrace let it form a LH and sell it with the over all trend.
Price has strongly rejected. I would expect the price to retrace and be looking for selling opportunities with the over all trend which is bearish. If price breaks the Hi of the last week the setup is invalidated. This is only an idea for a medium term price directional bias use this with your own analysis, trading strategies and take advantage.
Quick chart, looking for a bearish move next ..
Look for bearish formation in the Daily sell zone and sell it, RR is good on this!
I do not like the higher time frames, but a quick short setup for Friday. Have a great weekend!
Price found support on Friday and went into consolidation. Our analysis remains the same as of last week, expecting price to rise from here. Lets see how this plays out!!
Price has been in a bullish trend. If price retraces and forms a HL, buy it for a HH formation.
The price action is bullish but we do have a news event tomorrow so be careful!
Price is in a bullish trend, expect price to do a retracement before going higher. Best approach will be to buy into any dips.
After successful analysis earlier for a buy trade from Monday. Now that price is sitting at an important RES level daily candle close will be very important. if prices gives an engulfing close then I am expecting this move next. Keep an eye on it!
As per analysis shared, price has retraced to an important demand level. Lets see if price rejects here and gives a buying opportunity. DO NOT BUY unless you see buyers enter here and use your rules and strategies to enter the trade once buyers enter at this demand area.
Read the chart, expecting a move higher
It seems as if price has made a LH and we can see a move towards LL, as explained from Monday we were expecting a retracement now that price sitting at important fib and TL res with formation of a LH, possible short setup could soon be in play.
Expecting some retracement before price drops, look for selling opportunities this week.
Here is price action on Gold today, from this i am expecting the price to retrace back upside and first test will be the zone mentioned on the chart.