Hey Everyone, This is an update on our weekly chart idea that we have been tracking and trading successfully over the last few months. Last week we highlighted that we are seeing price in our updated swing range zone and expect reaction on this zone. This played out perfectly, as the swing range providing the swing straight into the axis target once again. We...
Technical Analysis: - XAU is doing a wave ((3)) in black and we expect that XAU continues to bounce - H1 right side is turning down - H4 right side is turning up Technical Information: - If you want to buy now, it'll be a risk trading and you must put a stop-loss around 1,805
Hey Everyone, Another piptastic day of buying dips from our weighted level. As stated yesterday, a break below the swing range will open the lower structure and that each weighted structure will give us a 30 to 40 pip bounce or a test to the next Goldturn. This played out perfectly We saw price test the weighted support at 1901 for the perfect bounce, which we...
Range resistance is in the way of bulls with the half-hearted moves. USDJPY is moving in the sideways range with a potential opportunity to enter a sell trade from 104.400 to 103.400 a potential 100 pips trade setup.