Price is testing third time Major support zone.
I'm looking more for break or little more consolidation before true break and ride to the Weekly/Daily zone.
Overall we have good momentum down.
Today are high impact news for USD. Possible fakeouts
After a miserable first half of 2018, many traders and investors are wondering when bullion will begin making a comeback. Values have consistently fallen in August gold futures, bringing the psychological level of 1200.0 into view.
In the short-run, things can get worse for gold. The U.S. FED is due out with their policy statements and interest rate decision...
My eyes see scenario of the continuation momentum up to atleast big zone where TP2 is.
If we look from Daily/Weekly picture we see on weekly how price fakeout. *There were news*
If we turn down we should watch for possible buys/sells depends what will price action tells us.
Overall we are in downtrend but still on Weekly Zone. Lets see
I'm looking for a strong break of Weekly Zone.
Price can go take some fuel from upper zones before a true break but overall we are in strong downtrend so lets see what will happen.
After break we are going Zone to Zone.
Overall we are in downtrend. But still looking for a potentional buy where i put my singal previous week.
Scenario 1: We can go test upper 4h Resistance zone and trendline and continue momentum down
Scenario 2: We break upper Trendline and zones and we go test bigger Resistance Zone.
Scenario 3: Like i draw now and still watching for buy limit to be activated....
I see price will come and test atleast one more time "Weekly/Daily support Zone" and possible bounce of trendline.
I think price needs little more fuel of consolidation before any strong break. Possible fakeouts!
If this scenario will respect my analysis we can catch nice waves.
If we look on 4h we see price is in consulidation zone.
Price had serval rejactions on DAILY Zone i'm expecting price to drop to around 1.15600. There as we see on green zone we had many rejactions on 4h Timeframe.
If we draw trendline from 03.01.2017 to here. We get serval bounces from it. Lets see what will happen we can catch some nice waves if price will...
Em um mercado onde frequentemente um ativo, sobe 20% em questão de minutos, muitas vezes esquecemos que qualquer 1 % e muito.
Objetivo desse ideia é aproveitar todas movimentações do mercado, fazendo operações curtas, com alvos bem curtos. Claro que dependendo do momento e do volume
podemos estender nosso trade ao máximo.
Para iniciar essa ideia o qual vou...
My view on GBPUSD was bearish but we all know whatever can happen here.
These are impulse areas and the price I think will go quickly through them.
Good for scalpers.
ANd good risk-reward ratio.
As mentioned before, there is a massive convergence at 4666 (scenario 2). 4600 could be shorted too, but be ready to suffer some losses if the CAC 40 goes to 4666 thereafter.
My bet would be that the CAC could run down either today or tomorrow to as low as about 4400. Long @4423 seems to provide a good risk-reward ratio.
The afternoon session could become a...