Welcome to another in-depth breakdown of gold using technical analysis. In this analysis I will help you prepare for the following week using the chart above.
I am suggesting a long trade set-up here on XAU/USD. In general gold obviously has a long bias since it's been rising nearly non stop on the larger timeframes. But there are short opportunities on the...
Chart Patterns and Harmonic Patterns using just ONE indicator!
This is a automatic scanner for well know patterns like Head and Shoulder to get started. I'm planning to add more patterns in the near future. It works as follows:
1. Is going to plot the pattern on the chart, lines in blue
2. Is going to show you when the pattern has finished to form, triangles and...
Now that the markets are closed, we can take a step back and carefully observe all pairs.
After closing in on a strong support zone from the 4h, we see three very bullish signals:
1) The RSI is recovering
2) A hammer has been printed
3) A huge green candle formed after the hammer
This is a great opportunity for a long, and after observing the a confirmation on...
GBP/JPY pair 4hr timeframe Technical Chart Analysis
risk reward ratio 6:1 entry at vwap crossover vfi_lb at 4hr confimation
Expected bullish economic calendar release for tomorrow CPI's, PPI's, RPI's etc.
Strong momo scanner EA for GBP/Pound 5 min into 15 min weak 1 hr into daily timeframe
And weak for JPY/Yen 5 min into daily
Caught this D point with a 5pip S/L before i had any pitchfork on nothing, want to know how hit me up with private message. madness how precise this strategy is. all about selectivity.
Educational purpose only, not giving signals, not bragging just sharing
Nothing special yet happening on this chart/pitchfork just thought id share so you can copy it onto your charts and just observe what price will do and how it might/might not interact in the future.
Educational purpose only, not giving signals, use proper risk management if you should trade.