I'm waiting for a restest to the trendline and trade towards the previous high. The move has a 72pips Profit potential.
The price tested the resistance at the price1832 and then broke it, which has now become support, and the price has responded positively to the support by rebound. I have expectations that in the short term it will go down, hitting the support. Gold has no intention of stopping, it will go higher and higher. I think the gold is going to have a fake out and then...
If and when just one pip pierces the fractal floor; then it's a smooth sail for a stronger peso. Business as usual and returning to normalcy
GBPAUD overall trend still bearish.. going short pls stay tuned from updates IF you are just seeing my post for the first time do well to check on my previous publications like and subscribe
Going over and identfying evening star pattern formation (bearish)
Going over and identyfying Morning star patterns (bullish)
I believe, for sometime KWEB should take a pause for a brief time: 1) The current price is right at the resistance zone on the weekly chart ($31.xy to $32.nm) - We can see many times in the past the price has turned back from these levels. 2) 50 ema on weekly chart is right at the resistance, working as double resistance for the price move. 3) Dragon fly doji at...
Look to sell to the downside Bearish bias Bear Flag Look to ride the wave down
Here we have our Gold at a detailed tight resistance zone where price may be backing off of if the zone is respected and if so it would give the current buy structure more confirmation to continue pushing up as it would be giving us an inverted head and shoulders type of structure... Please comment down below and let me know your thoughts. Thanks
looking at it this way the bears did their job last week. bringing us a bearish move in a bullish market on the 4H Timeframe. the coming week i expect the bulls to take over with maybe alot of strugle but eventually a push breaking every type of bearish resistance they receive. markets open a long is the way for me.
On the above 4-day dollar chart price action has rallied 15000%. A number of reasons now exist to be bearish, including: 1) The ‘incredible sell’ signal. 2) Price action prints a lower high thereby creating the bearish *double top* pattern. 3) The bearish rising wedge. 4) On the 10-day chart below a large bearish engulfing candle is printed. Is it possible...
High Impact News: Jan 10 = Fed Chair Powell Speaks Jan 12 = CPI m/m, CPI y/y, Core CPI m/m Jan 13 = Prelim UoM Consumer Sentiment
according to the liquidity of gold according to the zones according to the experince according to ....etc gold will drop so i look for the opertunitiy to sell many traders targeted a wide zone so i narrowed the risk if god wills lets wait and see :)
Sell at 16606, Close position at 16915, Close/Bank at 15750 the Monday/Tuesday Nov 21/22 Open/close price. The little blue man icon I placed above the inside bar. Thats the candle activity inspiring this trade idea.
Selling now at 1200, Stop loss/Exit trade at 1212, and Closing/Banking at 1181. Will see how this works. Simply looking at price action. Will look at BTCUSD as well now for a similarly styled trade.
As we can see price is near the major resistance zone once again and we are looking for a dump and fall near these resistance zones like the red arrows. Targets and supports are also marked with price labels. DISCLAIMER: ((trade based on your own decision)) <>
Hey traders, Dow Jones broke and closed above a neckline of an ascending triangle formation on a daily. I believe that it may trigger a bullish continuation. Next goal - 34070 ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Weekly Analysis Last week Nifty opens with a slight gap, tested the previous week high's though did not sustain at highs, and moved lower and closed near the week's low. Formed: Bear Candle Price action combined weeks: Sideways {Inside candle - the price has been consolidating in a candle range for the past two weeks} Seems like the price would trade sideways...