FxDollarZar

FxDollarZar

Same as NAS100 ,the market broke the higher low which is marked as "choch" which basically stands for change in trend , and started creating new lows breaking previous lows ,now we have a new low created, leaving a supply zone behind which i'm expecting the market to test before it continues down !!! *THIS IS NOT A SIGNAL* *ENTER AT OWN RISK*

FxDollarZar

The market created equal highs around $15150 and $15270 then broke the higher low creating a new low ..now it left some supply zone behind which im expecting the market to test before going to the downside ...this is today's plan and if the market doesn't respect the plan then it becomes invalid ! *THIS IS NOT A SIGNAL* *ENTER AT OWN RISK*

FxDollarZar

So Nas100 has finally made a new high , after it broke out of the falling wedge ..that's good news right?.. well lets not be too excited yet as we have an untested 4hour demand zone ...so for this coming week i'm expecting price to drive up to the 4hour supply zone before testing the 4hour demand zone ,then we can look to have an overall bullish market!!!

FxDollarZar

Same as Nas100 we have a demand zone and the intraday trend is bullish , demand zone has been tested once and we expect it to be tested for the second time ,giving us a confirmation that its buying obviously!!! *THIS IS NOT A SIGNAL* *ENTER AT OWN RISK*

FxDollarZar

Nas100 is in a intraday bullish trend Testing a trendline of a overall bigger timeframe bearish trend... Market created a demand zone after the FOMC news release yesterday and has retested it for the first time ,now waiting for the 2nd touch to confirm buys ...ONLY if it rejects it the second time... lets see how it plays out ! *THIS IS NOT A SIGNAL * *ENTER AT...

FxDollarZar

TRADERS ! this is the current situation on Gold , it is currently in a bullish expanding channel and has already retested the all time high which is $2075 mark and im expecting price to push up above it a liitle bit as there must be liquidity in that price level .... For this upcoming week, expect a bullish movement until further notice !

FxDollarZar

Price created a lower high yesterday ,giving me an idea that there might be a supply area around there ... So today price drove back to that supply area giving us a Double top formation ...Now the plan is to wait for price to reject that zone to signal us that its really ready to sell ... If it breaks the supply zone to the upside then the plan becomes...

FxDollarZar

Nas100 is retesting the previous low where price was rejected to the upside massively ...now that price is back at that zone the patterns we can identify is a double bottom also known as the W formation on bigger timeframes and we also expecting the same pattern to occur on smaller timeframes before we could enter a buying trade. *THIS IS NOT A SIGNAL* *ENTER...

FxDollarZar

Nas100 broke out of the reversal pattern creating new lows and now we're expecting the market to continue its downwards movement for this upcoming week . The plan is to wait for price to retest the supply zone 2 then give us a rejection candlestick or a momentum shift candlestick signaling selling pressure . BECAREFUL when trading indices as the carry alot of...

FxDollarZar

OK so Currently Gold is trending in an Ascending Channel making higher highs and higher lows approaching the high caused by the war and by this week we expect the market to continue its bullish movement, breaking above making new highs towards $2000 mark. So the plan is to wait for price to find support, creating a higher low in a corrective manor and giving us a...

FxDollarZar

Nas100 created a reversal pattern then broke out of it, leaving the resistance zone untested so expect the market to retrace back and reject resistance zone with a strong confirmation for selling opportunities ... if it doesn't reject the resistance zone then the setup is invalid.

FxDollarZar

Fellow Traders ...i tried to make the analysis as simple as i can ,as the unfortunate events affected the Gold market and any other pair ... Now what we have here is that the market retraced the whole bullish impulsive move with a bearish impulsive move , breaking through the local support which was a Higher low on intraday timeframes ...the overall direction...

FxDollarZar

Gold is currently printing a reversal pattern which is playing out near a resistance zone... At this moment i'm waiting for the liquidity grab and a third touch of the reversal pattern followed by a momentum candlestick signaling selling pressure... #This is not a signal

FxDollarZar

Gold has been impulsing to the upside for 2 full weeks , this really explains to me that Gold might be heading for the $2000 mark .... Now usually after an impulse ,follows a correction then a continuation, So my plan is to look for a correction retesting the broken resistance zone turning it into support then, look for a bullish momentum or candlestick...

FxDollarZar

I thought i should share what im looking at before the FOMC meeting minutes as it will somehow be the decider for the next gold movement ... at this point i'm expecting the fomc candlestick to reject resistance zone $1877- $1870 with a strong bearish candlestick ,creating a double top formation ... if it doesn't reject that zone then this whole plan is invalid...

FxDollarZar

Gold just broke past a most recent lower high and has created a new high with an impulsive move ... Now does that mean Gold is now an overall bullish market ?? we don't know , but all we have to do now is wait for the market to speak to us on what it's really trying to do ... Overall for next week i'm bullish as we have an impulsive move , i'll be expecting a...

FxDollarZar

Looking at this market structure ..im still confident that gold is still bearish and this setup still stands as the market is in a corrective phase and we haven't gotten the 3rd touch of the pattern yet ... So for this week i'm bearish until we have a change of structure signaling otherwise. comment down below what you think!

FxDollarZar

Traders ! i am witnessing a trade about to happen , this here is generally what i look for on a daily basis , a simple correction after an impulsive move ...all i have to look for is the 3rd touch of the resistance trendline and a momentum shift to confirm the entry and that's it . let's just see how it plays out ,comment down bellow if you have a different...