The clear "P" shape of the profile and recent news of high profile investors selling banks and buying gold miners suggest quite a strong opening this week in gold. I find the GBP gold price to be less prone to being pushed around by competing trading strategies that can muddy the USD gold price. Significant upside to above GBP1580 while unlikely, cannot be ruled...
Coming into NFP (even if it is likely to be a rogue number) there will be a tendency to square up, which means gravitating back to the short term POC. In the GBPUSD that's around 1.3140. Buy 1.3115 Helping it is the fact we have just completed an 80/20 traverse of the value area - also suggesting a move back to the POC. Stop below 1.3110
EUR/USD from the intraday chart M30 .... Here is nice to see trend setup with accumulation setup too.. There is strong volume area with significant volume clusters... Right now i will be waiting for pull back to this area for long trades. Happy trading Dale
Looking at the XAUGBP market to give some clues as to the resolution to the standoff in XAUUSD. Price has come back to the POC at 1508 only to see the trading volume just lower puch the POC down a tad. Maybe nothing but could give a clue that further downside in XAUUSD may be afoot.
Having reached the GBPUSD long term Point of Control (POC) at 1.3160 (ish) consolidation at least should be expected. Continuation to the top of the Value Area at 1.3430 is likely in medium term according to the 80/20 rule. A short term correction to around 1.2980 is still consistent with such an outcome.
GBPJPY is to visit demand zone from 1.3590 I advice you to see GBPJPY at 1.3590 with risk:reward of 1:4 JPY pairs are fast to hit TP enjoy profits later ;)
This move looks the real thing, having started from the long term point of control.
If we breach the 0.3750 region, we will move directly to the 1.110 region because it is the area that everyone agreed upon and that contains high liquidity
XRPBTC Analyse VolumeProfile
BCHBTC Analyse VolumeProfile \\\\\\\\\\\ 3 Target Garantie
$Gold is likely about to break 1745/50 resistant area. I was able to buy from 1700 level, add more on 2nd up arrow , flat my positions on 1720s.then rejoin the buying on 3rd up arrow , was stoped due to the Fed announcement and se-joined on the 4th , after the Fed , and I set it up on small pull back. and I flatten my position on 1740s. soon after that, Gold...
Fuchsia zones are HTF value area limits with supply zones from march, green zones are VA limits with demand. Flag movement with black line showing pole and rectangle showing flag. Looking for continuation once tests green dotted line at 1.1285. Exit at top of area 1.1379. 11/22 tick stop. If top gets tested first you could go for the pullback instead of...
Very large value area + demand zone play as ZB is approaching new lows. Both of those drawn on the chart. Looking for longs at 174'02 but my favorite place to go long would be 173'02. Once it bounces, expect a pullback from the down move at least to previous swing lows and VAL of yesterday at 175'08. For stops go for 8 ticks (based on lower timeframe structure at...
Hello Guys and Community, Check out my analysis on Boeing. BO is on strong and key S/R levels right now. I am going to look for long setup if will come. Target will be key weekly levels.
Very strong set-up in the TMUS Stock Market today. Let´s analyze that! T-Mobile went up with confidence, but then, because of the COVID-19 collapsed. What is interesting, however, TMUS recovered very quickly and is again above the channel, which was respected for a long time. Whether you like it or not, IT´S A LONG SIGN! INSIDERS are those guys, who stopped...
Long scenario for today Give me reputation if you want to see my top down approach and how I got to this scenario since I need to put more images to do so and TV doesn't let me.
Could be a pullback to Demand area before continuing up to Wave 5