i expect a breakdown from the minor zone before a small retest and a signaling bar example(3 bar reversal or bearish engulfing ) before making an entry for the continuation of the trend
Hello traders & analysts: the ceiling target is 1900 - 1920* - 1920 is the full retracement back in 2011 the all time high for XAU We have already surpassed our 0.705 level. If looking at entries, await a pullback by using the Fibonacci level on the daily, 4 hour to align your levels. This will give key areas to buy from. during the channel or accumulation range...
for this trade i would require the price to break either 1 of the nearest zone and restest before longing or shorting,A good area to take TP would be the zone after the zone that broke recently.Let me know what yall think
Long term we will update with our long bias, however the sells are still looking to test the weekly and monthly zone this week. Technicals: Downtrend - rejection of monthly supply Daily in a weekly and monthly zone - demand could be a potential swap zone as the zone underneath is a setup for a strong fresh touch of demand. However, the GBP is weak, so is...
This pair has been making LH and now it is at an important support level and I'm hoping for it this week to land at my final projection of 129.667. As of now I don't see confirmation as of yet to go bullish other than possible counter trend trades no key areas have been broken to go bullish, That could change and we will practice patience and wait for what the...
USDCAD, as we're in an overall downtrend, and now the market managed to make an H&S on strong resistance, we might see a possible drop from now, but the pair could fluctuate around the current zone! Let's be patient! Right now we have two option to open a trade right now or to wait for the market to reach a better price. Do your own analysis ... Dont...
Price decided to break the previous lows and make its way south. Orders will be waiting at the respective fib levels marked on the chart. If that's the case, we are witnessing a change of structure.
The daily resistance is provided here, as it is currently in effect via the current downtrend momentum. Hourly support is likely to cause a minor uptrend after the pullback occurs. Monthly support is then provided below the hourly support. This will most likely shift the trend at that time into an uptrend.
Long activated as per previous - Waited for the double bottom to occur. technical fresh touch of the demand after a long rally down drop base drop scenario on previous touch - strong engulfing candles to the upside, similar pattern here bearish technical - was oversized head and shoulders Long term - Aussie will lose momentum with a risk off scenario If you...
Always have a plan and stick to it: - A zone is a zone until it has been nullified - Don't chase trades, you only end up increasing your risk Here on $EURAUD I managed to bag a bunch of pips on playing zones, but initially lost out because I moved my stop too early on my second lot (corrected this on later trades to allow my trades to run to targets), and didn't...
Take a look a the range where BTCUSD was trapped weeks before (the one on the left). Its similar to the one we are experience up to this current week. Also, take note of the days it took before leaving this trap zone. We'll wait and see.
Nifty is at support zone .. and showing double tops pattern. . . previous candle are momentum candles ... these double tops candles can be considered as base candle therefore if nifty open above 10330 and shows upside move then they will be considered the next momentum candles --- ------- Every Advance zone structure ... will always come back to the break...
Wait for price to breakout at either end then returns back to the broken zone. Wait for the confirming candle before entering !! 2 % Risk management rule Move SL up when in deep profits
While I am still bearish on the USDJPY I can see a short-term scenario where this pops up to test 108.00 again. Buy stop coming out of the 107.00 SiFi4X Zone will be there just in case. Losing this 107.00 zone though is a long road down with the first stop at 106.00 (the next psychological zone). It hasn’t been there in a little over a month. This is a set it and...
This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Let’s make some money together!
This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Let’s make some money together!