here i can see it making a flag... there are so many things going on gold. here it shows us that it can drop more then 1612 1611 . but my overall view is bullish.
gold for me can make a teachup and a handle which means buy. lets see if it is possible .for that the market shouldnt be moving lower then 1612 1613
scenario3 for gold is simple buy. again the gap would count. i dont see it going below 1610. ve my buy limits set on 1616. it would range and go up but lets see what happens
scenario2 h4 gold can be in a triangle we will see which side it breaks!!! but for me i dont see it coming down ore then 1610.
this is scenario one on h1 it can be fase because of the possible weekly gap.
first trade between the wedge second trade after the breakout
hope it go long down
looks like wedge on h4 but its too early to know the direction. let the market open and see. like and follow if you liked the idea. also check my Gold analysis i mainly trade gold. thanks and dont forget to analyse yourself b4 entering
seems like its going to fall. lets see what it does. but make sure you enter sell on the next rise not now with a small stoploss so that you can have a better entry. i dnt give more then 2$ stoploss on 0.01 lot. so calculate it accordingly
after the changes in the patterns i see it has started dropping. i dont recommend using bigger lots on it. this pair is confusing alot since yesterday. you can add a small lot here with sl above the top resistance line and can bigger lots when you see a reversal pattern. May God protect us all and our families from corona and other diseases. may help our doctors...
formation of teacup handle completed now waiting for a buy. please dont follow without analysis. like n share regards
audusd is not doing what youre thinking.i was selling it on a rising wedge and it started disappointing me. i redrew it to know the actual issue. its a broadedned wedge that can make it go up straight n then down. there is trip one to upside that can happen then there is trip 2 from top top bottom that can retest after breaking the support trend line. or there can...
theres a strong resistance above the wedge so dont forget the buyers can take you there for a ride
well these days its not possible to get in a good trade, market is moving up n down in the sameshort distance. well i see a flag and it can go up. lets see what happens. hope we have a good trade. please avoid taking all the trades because i dont expect movements according to patterns. its really disturbing. thanks
there can be a channel or a flag like i said earlier but i believe its a channel and it will go up. but the pattern formations are so rapid that you cannot go where its heading too..