1620's will be my entry for short for now I am long
eurusd update idea supplyzone sell opprtunity
GOLD / USD TA We have been tracking GOLD down this descending channel for quite a while now. Automatically you would turn bearish on it due to no convincing close and rejection above resistance which means that if you're a bear, you would start targeting 1250 zones for possible re-entry. Nevertheless, if you take a 'fractal' approach here, we will see that back...
XAUUSD is encountering weekly resistance and on smaller time frame (4Hr) It seems to be getting rejected multiple times. I suggest shorting at these levels to the 0.382 fib level. First Target: 1492 Second Target: 1470 Third Target: 1450
Yesterday I posted a chart on gold indicating important levels and showing that there is weekly resistance here. As well with this yesterday in the chat room I told everyone to go long gold to 1550 no one believed me but I made crazy money. This market is very predictable just follow the liquidity I could do this all day.
Gold has had a shallow retracement and had broken out the descending wedge so has a measured move target to the upside.
Buy limt 0.71100 sl below 0.70630. R/R ratio 1:1 and 1:2.
Another chance to buy AUDUSD. Head and shoulder pattern was formed and now we can buy in the pullback to neckline. Signals: 1. at this time, Neckline is the support level 2. pullback to neckline in head & shoulder pattern 3. 50% retracement of last bullish move 4. round number 0.72 Buy = 0.721 SL = 0.719 TP1 = 0.726 TP2 = around 0.734
AUDUSD is on monthly support line, i expect 300 pips bounce up before a big drop. Some free pips for you guys!
The slope of price in AUDUSD -0.55% is very active making the slide parallels of the median line key levels to watch for price action. Last time price reached a slide parallel, it reversed now heading to the down, We might have a retest of this resistance level , and in case we have it we should watch for a sell setup with a potential tp the next active level...
As you can see we saw a bounce at the 0.382 fib level. In order for the price to proceed to higher highs gold must retrace itself and this was a healthy pullback. Target should be 1300
This chart is truly self-explanatory if you are long before .75000 at this point, Contact me to notify your willing to Paypal.me the capital you will otherwise be losing in this market lol. Believe me don't beat yourself up over the holiday season spread the cheer!! lool.
Every long term chart such as the SPX 500 or Dow Jones has the same historical factor. Once a trend is broken it must retest the support line to decide if there will be a new trend or not. So as we can clearly see in the chart the support was broken. We must retest the support line! Now we will have two factors for the long term. However it is bullish in the...