4D Timeframe, Gold has not reached its highest price yet. Highest price is 1670.90
On the daily timeframe, price broke the channel and retested an important Fibonacci level (61.8). To execute this trade we have to wait for a break and close under 141.427 because it was our previous resistance and now acting as current support. Our take profit will be set at 137.583 which totals up to 380 pips. Stop loss will be set at 148.243
The price above 200 MA, indicating a growing trend. The MACD histogram is above the zero lines. The oscillator Force Index is above the zero lines. If the level of resistance is broken, you should follow the recommendations below: • Timeframe: H4 • Recommendation: Long Position • Entry Level: Long Position 19.7000 • Take Profit Level: 20.0000 (3000 pips) If the...
This trade went well, can risk some profit here to ride it back down. Target hit and now bearish ABCD. Use a tight stop loss. Good luck traders Last trade here:
Hello Traders I have never been a big fan of candle formations but I saw this as I was scrolling through my FX watchist, seems like a perfect cup & handle to me. Good luck
The UK economy has accelerated at the end of the second-quarter with the service sector clocking in at its fastest growth rate of 2019. Against a backdrop of a South African economy which is facing a deepening economic crisis, the GBPZAR is expected to resume its rally. Price action retreated from the lower band of its horizontal resistance area, enforced by its...
Price has reached and tested downward trend line and has slowed down in momentum reaching it, on H1 time a smaller trend line has been respected. Waiting for a break to enter! Let me know what you think!
Hey tradomaniacs, welcome to another free signal! How to trade: 1. Wait for the break below the horizontal support and wait for a retest. 2. If we reject and the horizontal support and see an S&R-Flip - SELL. 3. Latest point to reduce your risk is as soon s you have warned your risk. ----------------------------- Type:...