This set-up speaks for its self
should we get the weekly candlestick to respect the trendline
we could see buy movement for the rest of October towards November
Fellow South Africans bread will cost R90 By the time we end this year :]
Dating back to where this analysis started was on the weekly chart
we broke a long term holding downward trending trendline
scaling down to lower time frames yes this is steep however
would you want to be selling a market buying like this ? NO
Well from the looks of the weekly long-term Gold has been ranging
it may look like this is and apex that has formed
the best thing in my eyes should be to await for w1 break of ranging zones
for proper swing trades lower time frames could still provide set-ups to trade
lets wait and see tell me what you think
Counter trades and both trend traders get to capitalize on this.
XAUUSD should make you bag loads of pips this week likewise will it grant me
long term the market is making lower highs this should be regarded as a high probability indicator
our bold strong trendline has held in the past week as anticipated kindly let me know what you think yes you buddy your input matters
Great news incoming
W1 dollar index showing two type of trading opportunities
LONGTERM INVESTMENT > BUY
SHORTERM INVESTMENT > SELL
Expecting it to just create a minor dip before heading up
Now we all get to eat and dig in the market in everyway feel free to tell me what you think
What's up guys. hope everyone's trades are going well.
We reached the initial level we drew out in my previously published idea.
Hopefully some of you took profits at the top to be able to nail a nice swing.
We got 5 wave trend long signals instead of 3, so it took quite a bit longer than I expected at first.
I now expect only a slight pullback just to test...
We few drawn trendlines
The outer trendline and the inner trendline which the market is approaching as it stands.
Factors and reactions i see now on the inner trendline
H4 Momentum slow down to the upside
More to be concluded in the later hours Tell me what you think?
Good day to all the great traders reading this
Intra-day setup forming here
we have two trendlines yet to be confirmed as strong both waiting for 3rd touch retracement so if either is rejected a buy trade will be considered
Let me know what you think
We have clearly had a surge of downside movement in the last two weeks
Now what's occurring currently
1.Market is respect a weekly strong Upward trendline
2.It is not breaking below in lower timeframes
3.Last 24 hours we have seen cluster of candlesticks on the hourly charts
Hey Tell me what you think about your opinion will be highly appreciated
This is so simple
1.Market is making higher highs and higher lows
2.There is less intent to move to the downside
3.We are not breaking structures loads of wick movement
Ill ask GOD Surely he will open our eyes to spot more quickly
Non farm payrolls coming up all technical and fundamentals to be put to the test today let's go traders bring it home.
Well from the weekly up to our lower time frames the EURUSD is in a clear UPTREND we should be looking for buys only now.
1.Market on the 4h time frame has been consistently Breaking structures.
2.Market has been and should continue...
1.We have broken ranging structures to the upside
2.We see continuation of the uptrend
3.Market creating new higher highs and higher lows
4.We wait for loss of intent to the downside then together with bullish confluences take the opportunity when it comes.
With the dollar yet to be decided on it's long term movement we should see
gold movement slow this week before nfp N.B(MY OPINION) However looking at the weekly trend line could we return up? Be sure to let me know what you think