Price has currently broken above a major resistance zone and has been creating higher highs and higher lows which shows bullish momentum in the market. I may look to buy in the yellow zone after price confirms that it wants to go up with potential bullish candlestick patterns. In addition We can also see price is now above the Kumo cloud for confirmation which...
With price being driven away from the accumulation zone we know that big institutional shorts were made at this level. if price come back to 1.08949 we would want to go short.
Price is ranging in between two significant zones. The ideal situation would be to let price tell us where it wants to go with a clear break of structure, we can then perhaps look at an entry when it retests the key level and target the liquidity levels on the chart price should ideally head towards giving us a high R:R ratio and a high chance that price will hit...
Price is currently moving in a sideways channel which shows us that the market is in the ranging (contraption phase) with low liquidity in the market. I am looking for confirmation of price telling us where it wants to go with a clean breakout and then looking to enter on the retest and target liquidity zones in the market for take profit to minimise loss and...
Gold has come to a level of Supply which may encourage sellers coming into the market with an attempt to push the market to the downside. Therefore we could potentially see the market come down to the Demand zone and then perhaps move in a sideways channel for a short while. However, I am more keen in letting price tell me where it wants to go with a breakout to...
Will be looking for a sell in London or NY session after the retest of the indicated candle on lower Time frame
Will be looking for a sell in London or NY session after the retest of the indicated candle on lower Time Frame
Ideally short scenario.. Going to be executing a trade around 1.40990 - 30-40 tick stops. Ideal targeting scenario is 1.39380.. Could potentially be seen. Comments, feedback appreciated.. Last three trades have been spot on. Cheers
1.08560... Look out. Longs to unload
Price is approaching a high and potential zone it should be note that the zone is not fresh ,however prices might react with a fall
Possible entry. Look breakeven after filling order.