Hello Guys ! Watching this chart I see that in progress formation. We talk about a DOUBLE TOP PATTERN. Keep an eye on this chart and we will see what it will happen. Enter in this trade only if the price will test the neckline, I will come back with updates when the formation it final adn the trade is ready to offer us nice reward ! Don't forget to follow...
Price is moving slowly towards the resistance area. and on the daily timeframe we can see some rejection on the resistance area with a candle wick this is an opportunity for us to sell. The setup will be conservative enough. wait for the price to break the trendline and make some corrective structure to confirm. for aggressive traders, you can try to see price...
Price break channel dan potentially create an inverted head and shoulders pattern. we can take buy entry when price break consolidation on falling wedge or flag. also we can wait the price to retesting red area or 61.8 level. first target is neckline level. final target on red line
price bounced from support level expecting some bullish movement in the upcoming week. wait some correction before take a buy entry
price still under bullish trend. price break trendline and make correction. buy on break. minimum target : blue area. next target : previous high
we're still looking for upside movement. price break triangle correction and potentially create bat pattern. wait price to break blue level for confirmation, find pullback then buy
SHORT POSITION - DOUBLE TOP FORMED WITH BROKEN NECKLINE CONFIRMATION. CURRENTLY RETESTING THE NECKLINE, LOOKING FOR THE SUDDEN DROP DOWN TO 0.64190 LEVELS.
look for downside for gold. selling pressure on H4, if price close and create engulfing candle we can sell half position. after break trendline we can add another half SL if price breakout engulfing candle
after some downtrend movement, price finally touched support level and failed to create new low. we can expect the price will make some reversal. prepare buy entry when price retesting 61.8 level. find best entry on smaller timeframe
price complete bearish bat and crab patterns. 88.6 and 1.618 level confluenced RSI bearish divergent wait some correction before taking sell position
HEAD AND SHOULDER PATTERN FORMED ON 4HR...WAITING FOR PRICE TO BREAK NECKLINE BEFORE OPENING A SHORT POSITION. WE ARE EXPECTING PRICE TO MAKE AN EQUIVALENT DROP IN COMPARISON TO THE HEAD TO NECKLINE LENGTH. IT SHOULD ALSO BE NOTED THAT PRICE IS AT A KEY RESISTANCE LEVEL ON MULTIPLE TIMEFRAMES.
we need to see the reaction of the market before jump into trade. if gold make some correction to the S/R level, sell on break targeting previous low but if price keep going up and break red area, we can consider gold will make some bullish movement. buy on pullback will be a good setup
price completed cypher pattern and retesting structure area. we can take a buy position when price break the wedge.
Price break channel and make some consolidation and retesting S/R level. currently price break consolidation and we can take some buy position. SL just below previous low of consolidation to minimize the risk
price still move in sideways trend, and once again retesting resistance level. we can take another potential donwside. preparing breakout in the small timeframe targeting 38.2 and 61.8 level which confluence with S/R area
look for complete butterfly pattern as the upside target and resistance level. wait price to break small flag to buy
price failed to break the resistant level and breakdown the trendline instead. wait some correction to sell
price still moving inside the triangle. currently price touching support level. if price break this trendline support, it may go to complete shark and ABCD Pattern.