A bit late with this analysis, but I'm long on a hammer. Not the best hammer but with a good trend. 1st target at around 1,5R, move SL to BE. 2nd target at next major resistance level. Total of 2,25R
DXY, showing signs of reversal. which may send gold to key zone 700.
Historical data of gold shows that September has always been a very significant gain month for this particular commodity. Using this we can create some confluence and frame what is going on right now. From just a raw price action standpoint gold looks to have created a local bottom, with a nice double bottom formation, having the 2nd low being higher than the...
This analytics i use Trad line, multi time farm confirmation, some of news etc. Lets check it and give me a feedback into to comment bellow. Like this idea as your wish. And also make sure you have follow me because i will share money ideas regularly. thank your for giving your time.
This analytics i use Trandline, multi time farm confirmation, some of news, lets check it and give me fatback into to comment bellow and like this idea as you wills. And also make sure you have follow me CZ i will share ideas regularly . thank your for everything.
EU: I'm seeing the PA in a small range it broke the high and retrace and broke the low and retrace so by now it's not showing me a commitment to any side so I need to be patient. AU: It's on an ascend. channel showing me not so much commitment to the upside, so I can wait to see the PA doing a reversal.
By looking at the chart, we can see the pair has been moving in a bearish direction for several day. We are starting to see sign that we might have a reversal on our hands. We see a breakout of our key level which also signals a change in market structure from bearish to bullish. If we look around the low of June we can see a inverse head and shoulder pattern has...
As we can see the price has been moving in a bullish direction for several days. We are starting to see signs of potential market exhaustion which could signal a potential reversal. There has been a change in market structure from bullish to bearish as we can see from the breakout of the key level. The entry for this trade was at the test of the key level and the...
Silver retesting the 4H Demand zone, buy now or wait for a break out on the upside on the lower timeframe.
This daily chart analysis couldn't get any simpler. Price will either respect these high concentration zones or fail them.
GCAD has already shown beautiful RSI Divergence on the Daily, so as expected it had a good run up, and now has retraced. We are sitting inside a small Demand Zone so buys from here make sense to me.
The Euro has been on a tear for a bit, and it's about time for her to retrace. We are in a small daily Supply Zone, and i'd like to see the 4H make one more push higher to grab some more liquidity before falling for a nice bit.
XAUUSD APPROCHING AROUND MINOR RESISTANCE ZONE OF 1890.155 Let us see if it will break it above, but according to my view i see Gold in Bearish intact if it retests around 1890 minor resistance Zone. If that occurs, then price will decline until 1850.470 Strong Resistance Zone.
AUD/USD has been bearish for the most part but has been stuck in consolidation which could be identified as a correction. The price has formed an expanding pattern which in this context is a continuation pattern. There is a smaller expanding pattern with in the previously mentioned one which in its own context signifies a reversal, adding confluence for a...
Long after a downtrend, could we se a new trend forming? Charts offers self explanation. Long on break of resistance on 1h chart. A bit risky, would like to se break of weekly resistance for a less risky and A+ setup, but consider this to be a B setup and tradable.
I'm offering a tool I just tweaked up with On Chart signals. It's a very simple tool that you could customize within the code if needed. You will see Price Action bars being highlighted that can be toggled on or off and custom colorization to your choosing. The code uses simple checks of a two-bar pattern and sometimes three. You will see the code will check...