Hi Guys, after all the following we did we are now close to what AhmedSar presented in his post as the end of wave 4 at 1197. Will it fall short or will it go behond that level? Important to note that in his scenario the end of wave 4 do not breakout the upper line of the downward channel. What happen if it does breakout? Well...I have no idea yet...we...
Hi Guys, my previous post tries to follow the formation of a combined corrective pattern. This pattern coincide with letter D of a Bat Pattern outlined by AhmedSar on the 8th of October and many of you are noticing. Since the end of wave 3 the precious metal formed a Flat, a ZigZag and a Horizintal Ascending Triangle which made A, B and C. How long will it take...
Hi Guys, following my previous post, the precious metal is continuing its correction within what looks like a potential 4th wave correcting the big 3rd made yesterday. Gold seems to have completed W and X, therefore Y may form a combined structure before completing the corrective pattern. For more information please visit this link on corrective...
Hallo Tradingviewers, This is not an idea but the analysis of an idea posted by AhmedSar who discovered an interesting formation on the 4 hour chart. My chart is 15 minute and try to show what price is doing at letter D of the Baby Bat formation illustrated by AhmedSar. Please also have a look at the 5 minute chart below to better appreciate the pattern...
Hallo Tradingviewers, the moves highlighted in yellow may not be the same but to me they look similar. However, when A was made RSI was overbought. When B was made RSI did not cross into oversold area. Still the patterns made both diverging tops with RSI. Please share your views and comments. Any idea is a contribution for better understanding The Matrix....
Hallo People of Tradingview, last Thursday I posted an idea in which I thought that GOLD was maybe forming a rising wedge. A similar pattern was forming too in EUR/USD. 1) ABC were formed at the same time; 2) when the pair broke-out the resistence, the precious metal did not and kept on going within the bounderies of the rising wedge; 3) When EUR/USD tested...
Hallo again, following my previous post please find below the daily chart of Platinum that may anticipate a move in Gold. Remember that on the 25-26 September there is the FED meeting. Please share your views and comments. Any idea is a contribution for better understanding The Matrix. Please note that I am not a professional trader and these are my personal...
Hallo People, above is a potential scenario for gold. Below some similarities with EUR/USD. Here the link of an interesting article that talks about GOLD similarities with EUR/USD. www.investing.com Have a good night everybody! Please share your views and comments. Any idea is a contribution for better understanding The Matrix. Please note that I am not a...
Good morning People, Below please find atteched the EUR/USD 15 min chart to show how the signal for the breakout was generated. Hope you like it! Please share your views and comments. Any idea is a contribution for better understanding The Matrix. Please note that I am not a professional trader and these are my personal ideas only. ***This information is...
Hallo Tradingviewers, Below please find atteched the EUR/USD 1H chart to show how the signal for the breakout was generated. Hope you like it! Please share your views and comments. Any idea is a contribution for better understanding The Matrix. Please note that I am not a professional trader and these are my personal ideas only. ***This information is not a...
Hallo People of Tradingview, good morning! It's only Monday therefore please don't rush in and be patient. I hope you all had a nice week end. Here I am happy to share with you my picture of GOLD. I will try to publish updates on intraday moves in preparation to the next meeting of the FED expected on the 25-26 September. I am trying to keep it simple. I...