We have a H1 volume shift to bearish momentum after last nights drop after a large bullish impulse. It has no closed below a key zone indicating a easy break and retest trade could play out.
GBPYJPY is presenting upcoming bullish set up , expecting retrace not 143.00 or so, going to keep a close eye on my heikenashi candle sticks once price does come down to this area, once momentum has died down I will pull the trigger on this set up, TP are marked with yellow writing, you can scale out of your trade according to your risk tolerance or trading style...
GOLD & OIL, Technical analysis and entry places
Hello to all watching my charts. Here we are able to watch a trendchange as is showed in other currecncy the last week. Here is how it works in reality: 1. Brake of a trendine ( Long trend here ends at brake 27.10. BLACK LIne 2. Brake of 1 or 2 supports (in addition to a trendline brake that a sign of TRENDCHANFGE.) here it is a change from LONG to SHORT at...
A nice retracement back to the diagonal resistance turned support would be technically beautiful play, you dont get much nicer than that. This is going to be one of my heavier long term plays.
Well i can certainly feel my insides turning because of how this trade makes me feel...very unsecure. Investing.com is saying Gold is rallying, so would a day trader like me make more sense when people are fed otherwise? I guess it would be better to wait until price breaks any of those structures indicated on my chart. I have a strong feeling gold prices will...
H4-> T/K cross, bearish move -price went down, now it will be pullback to the top of the Cloud and then we go down again to 1270...www.sanvelforex.com