After a spectacular rally last week market bulls are taking a pause. Last two days look quite bearish on the daily chart but if we look at lower timeframes we won't see any signs of strong selling. Price is drifting down very slowly as a result of profit taking and low initiative from buyers. The high level context is still very bullish: we're in an uptrend,...
Using the data we get from the gold weekly chart and my special calculation program, we identify these waypoints as key gold points and based on that we can enter long and short positions. In this method, stoploss setting is based on your personal money management and is flexible, but the most logical stop is between 20 and 35 pips from the entry point on the...
First, if you found this helpful please like and leave a comment in the comment section for more discussion, and don't also forget to follow for more updates Let us traders watch out for this pair this coming week. If the price brake to the upside that means I m on point and the price is facing WAVE C to complete the zigzag correction. Goodluck
If price breaks under key level shown eve ready for a plummet hundred of pips like previous trend shows
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We can see a breakout of the resistance (Fibonacci level) Upcoming downtrend for US Indices & Gold is loading
From my last analysis, we manage to catch the $55 Movement with risk reward 1:3. Now we will apply the same risk-reward ratio. Based on the Fibonacci & Ichimoku cloud we can clearly see the resistance level at $1660. Don't miss another golden opportunity. Share the idea with all your friends!
After my first Nasdaq idea, we achieved 1000 points movement, now we have another entry to benefit from, based on the latest hawkish USDX analysis, I expect this to happen once the US market opens.
*VIJAYA DIAGNOSTIC CEN LTD* Time Frame: Daily Observation: * Cup and Handle Pattern Formation * Swing High Break Resistance/Target: 511 559 601 540 672 Support: 395 351 302
last time i mentioned that somewhere around here can be bottom. Today i found another argument that is confirming that I actualy am right. If you want too see more arguments i am posting here link to the my long term prediction idea on trading wiev,