As we expected from gold, when we said that the selling pressure is more, it crossed the 2048 support area with great strength, in this area we did not have a suitable candle confirmation to enter the transaction. Arriving at the next support area that we mentioned before, by observing the pin bar candle Ascending in the price area of 2033, we could enter into buy...
so according to data market is bearish, making a symmetrical pattern on 1 min time frame, and breaks for the downside.
SE has seemingly found a bottom here as buyers step in. SE is currently sitting right on a big RSI-Based supply level after reclaiming its 20-day EMA. Will be watching SE closely for a breakout here as it has also formed a bullish ABCD harmonic pattern formed on the daily timeframe (Not Pictured). Additionally, SE is holding quite a large falling wedge on the...
Quick scalping on gold. Go to lower timeframes to understand my process of thinking. Regards, Team PRFX :)
Bull Vs Bear power Volumn flow indicator VWAP Wykoff Trend Heatmap Additionally, GANN ananlysis , Neural Network. I do provide Account Managing Services. For, Help and Assistance do comment below.
D1 chart showing 3x straigh Bullish Pinbar, that failed/break. See the reaction for touch of each pinbar Low price. From below, touch #1, going down. Touch #2, going lower than previous. Now touching #3 Low price bullish pinbar candle. I expect this point for sell until at least nearest support, more than 1000pt perhaps.
Current seller makes Bearish Pinbar. And seems like this is the first seller trial, showing signal of possible seller getting more supply to make downtrend. Sign of H1 Bearish Pinbar and fresh Top candle supply zone, more likely I will sell entry starting from High price of Bearish Pinbar. For this pattern on H1, I will safe exit at starting of demand zone of...
Current H4 candle close breaks trendline acting as Resistance. Break at 3rd touch. Expecting Lower Low. Current High after break, will makes 2nd Trendline. If 2nd Trendline is break, then I will be expecting pullback at 2nd Trendline that will act as RBS Resistance Became Support, for Uptrend possible Uptrend continuation after that.
Price has generally been accepted at 1220 for the past week and I expect to see a retrace at least to that area. With all the trouble BITSTAMP:ETHUSD has finding buyers above 1250 a retrace makes sense at least until there is more demand in ALT coins. Consider this, many bought ETH on these initial breaks, few if any made any profit and the smack off of these...
PG&E IS AT ALL TIME LOWS. KEEP AN EYE ON IT
price slightly broke trend line to induce break out traders into shorts, we go long
GBPUSD POTENTIAL LONG IF YOU TAKE A LOOK AT THIS CURRENCY PAIR ON HIGHER TIMEFRAME CHARTS YOU CAN SEE THAT GBPUSD HAS COME INTO ALL TIME YEARLY LOWS IN PRICE. LOOKING AT THE PAST MONTH OF TECHNICAL DATA YOU CAN SEE THAT GBPUSD HAS HAD BUYER INTEREST AND HAS BEEN MAKING HEALTHY MOVES TO THE UPSIDE. RECENTLY, LAST WEEK, AS YOU CAN SEE GBPUSD MADE A VERY STRONG 2%+...
Gartley Pattern forming, waiting for price to reach the 127% Fibonacci Extension from Legs A - B
Trade setup for a short on gold, i predict that gold will fall to 1163.50 in the coming days, chart shows strong downside. price has been in consolidation for the past week or so but this is just to give the market a chance to breathe and restructure itself. once this phase is over the sellers will regain control and take price down even further, good luck! -...
Today I have thoroughly analyzed the GBPAUD pair to the best of my ability and I have concluded a short opportunity. I have lace my entry and target, as well as stop loss check out my work and comment any questions or feedback. Happy Trading!
EURCAD SHORT 4H Chart: *This chart is displaying that this pair is in overall downtrend *When retesting structure the seller showed a strong interest for this pair *Heavy seller strength came in resulting in a lower-low lower close on 4H candle (bearish engulfing 1H Chart: *This pair had come into structure on the 1H and been SLAMMED down by the...