Here is 1H chart for the possible movement of XAUUSD / GOLD
The pattern will be confirmed if XAUUSD / gold makes new high at 1718,23
The target will be proportional with the flag about 2700 -2900 (depends on the time it will breakut) point
Set loss at the lowest candle inside the flag at 1711,13
Risk Reward Ratio of 3,83 is really good
EURNZD seems to be in a downside pennant or wedge pattern and I've drawn out the pattern layout with possible breakout direction and target. If you find this setup useful, please leave a like and follow my profile for more clear and simple markups.
GOOD DAY EVERYONE...
HERE'S AN IDEA ON THE S&P500, U.S STOCKS OPENED LOWER TODAY PROBABLY DUE TO INVESTORS BEING CAUTIOUS WITH EVERYTHING HAPPENING IN THE U.S - COUNTRYWIDE PROTEST AND THOSE TENSIONS BETWEEN THE U.S AND BEIJING.
> ON FRIDAY U.S STOCKS FINISHED SLIGHTLY HIGHER AFTER PRESIDENT TRUMP ANNOUNCED AGAINST CHINA IN RESPONSE TO NEW LEGISLATION THAT...
Hello Everyone,
Here we have very well pennant pattern sample on #USDCHF. If price breaks to the upside of pattern, we can look forward for long position, If breaks reversely then short position is also possible with nice rewards.
On Daily Chart , trend is up, so mostly we will see the pennant broken out through upside, according to the normal behavior.
After...
Been getting in the habit of doing my little analysis after 9est but this trade was early after CAD news
Entered 4015 on bull pennant 5m after news and took it up for 1:2RRR
4h momentum risk-off day plus cad drops after news plus technical pennant
bias is still long maybe there will be another entry point to go higher.
I've pinpointed where in the past price has respected this pennant chart pattern, indicating the breakout is indeed validated
DXY Dollar index is continuing to show bearish sentiment after reaching 100.0 level, indicating a further drop off
Previous demand zone has broken, confirming further bearish bias, although pullback may occur before an impulse is...
Kitov Pharma plans to launch sales of Consensi in the US in May 2020, according to a March press release.
"Company’s marketing partners in the U.S. plan to commence selling Consensi in May 2020.
Kitov expects to receive between $28 million and $36 million in milestone and royalty revenues
from 2020 through 2022."
It is easy to see that the...
GOOD DAY TRADERS
IDEA ON GOLD, XAUUSD HAS BEEN RANGING IN A SYMMETRICAL TRIANGLE HOPEFULLY WE WILL SEE A BREAKOUT SOON EVEN THOUGH IT COULD HEAD IN ANY DIRECTION THE PRIOR TREND MAY IMPLY A BREAK TO THE UPSIDE
> FOR NOW HERE IS A SHORT IDEA ON GOLD
> HOPEFULLY THE DIMINISHING VOLATILITY WILL GIVE WAY TO MORE VOLATILITY ON GOLD IN THE COMING WEEKS
RISK...
![EURNZD: [EURNZD] --- A CLEAR AND SIMPLE ANALYSIS OF EURNZD!](https://s3.tradingview.com/9/9phUR0SH_mid.png "[EURNZD] --- A CLEAR AND SIMPLE ANALYSIS OF EURNZD!")
