Gold have been consolidating and printing lower lows since August of past year , after the geopolitical issue between Russia and Ukraine fear have been installed in the markets and gold as a safe haven commodity reacted very bullish and broke above the previous historical low for finally breaking above the historical of 1924 and with it the technical bearish...
in the 10th February after price entered a strong supply zone at 158.00 and failed to break it mostly due to the Ukrainian/Russian issue , and made a bearish rally of a 500 pips (3.2% of fall ) and stopped at a strong demand zone at 153.03. by zooming out and looking at higher frames you can see that the bullish market structure is still respected , so if the...
price have been moving inside "the triangle" since august 19 of the past year and respect the demand zone at 84.00 since November 16 of the past year make it a very strong zone where price interaction with is very high . and as you can see from graph as well price have been bearish in higher time frame since and kept on printing "higher highs", "higher low" since...
GPBUSD in higher frame have been bearish and kept on printing new lows at 1.3620 , 1.3377 and 1.3205 . now if we go back to lower frames we can see a bullish run since 28th of January , price kept on printing new higher highs , higher lows until reaching a strong supply zone at 1.3610 and started to consolidate for the past two weeks . so with the...
this pair have been bullish in higher frames , but in smaller frames price's showing signs of weakness , losing momentum and starting to push down . there is a good chance of price correction toward my main area of interest is at 156.70 level that's where the good sell will be at . the main target sell target is at 155.24 levels and if this level breaks we might...
Since gold is traded against USD lets first talk a bit about US currency ( known as well as DXY) Dxy : dollar index is have been bullish in high time frames as investors have been pricing in the rate hike to come which is a fundamental bullish factor to the US currency and war tension between Ukraine and Russia is another bullish factor as well for the US...
price have been bullish and respecting it's bullish trend and structure since January 19 of previous year , after reaching the supply zone at 1.0788 price have been showing weakness and with the break of 1.0722 ( demand / support zone ) that gives us more indication that the bullish run is at a possible end . so there is a high chance of price falling toward...
🔺Fear of losing which can make u use tight stop loss or close a trade be4 it plays out. 🔺 Fear of being wrong which can make u not to take the next trade. 🔺 Fear of missing out which can make you to jump from sideliner and engage the market at the wrong place/time. 🔺 Fear of letting a profit turn to a loss making u not to 'pay the trader.' 🔺 Greed, when you...
this pair have been consolidating since 28 of past month , Canadian currency might face a weakness due to the current manifestations in Ottawa against a strong us currency , this merged with the technical bullish structure of the pair that is still valid and respected makes me look for buys from the current price or to wait for the possible correction if it breaks...
price one again failed to break above the supply zone at 116.16 and started to fall breaking the bullish structure and penetrating under 115.01 . so i think the price will keep falling toward farther demanded zones at 114.42 and 113.55. price in big frames and long term is still bullish so i think a fall is only to collect buy orders from a better position from...
price have been rejecting the demand zone at 0.6180 while bearish structure is still intact and respected . if the demand zone remains and keeps holding there is a highly chance of a drop of price toward 0.6147 as first potential target and a possible bearish continuation to the farther targets like shown in the graph. if you like the idea and find it interesting...
The rejection candle is one of my most utilized candlestick pattern signals. The anatomy and concept is similar to the classic ‘Pin Bar’ – which is the most engaged topic of interest in all the price action discussions, and communities online. Rejection candles are a candlestick pattern that communicates denial of higher or lower prices. The market tries to move...
gold have been bullish since past January , price kept on pumping and printing new highs at 1806 - 1813 - 1822 - 1840 - 1863 - 1878 and 1910 and fundamentally that's due to : no interest rate hike . high US inflation . and now with the geopolitical issue between Russia and Ukraine gold touched 1910 ( a strong supply zone ) and correcting back to 1890 . with...
IOF: Institutional Order Flow +OB: Bullish Order Block -OB: Bearish Order Block FVG: Fair Value Gap SMT: Smart Money Tool/Technique +BB: Bullish Breaker -BB: Bearish Breaker +MB: Bullish Mitigation Block -MB: Bearish Mitigation Block SSL: Sell Side Liquidity BSL: Buy Side Liquidity EQM: Equilibrium CE: Consequent Encroachment EQH: Equal Highs EQL: Equal...
gold recently broke a major price level (1850) and broke the technical bearish structure , and since kept on printing green candles and pumping forward to the first bullish target (1870) and with price breaking it , it's highly for it to keep on pumping toward next farther bullish targets (1894) and (1907). so technically gold is very bullish at the moment , and...
gold have been bullish since days now and reached a strong price level where first candles are showing an exhaustion so there is a good chance of a possible correction ( a dump ) from this current level to possibly 1820/1810 levels . now if price breaks above 1830/1835 levels a bullish continuation toward 18501860 levels is highly possible . if you find the idea...
bears have been week lately and couldn't take price down to previous levels ( we had only a 40 pips of correction ) and now by price breaking 1815 there is a high possibility of a bullish continuation toward 1830/1845 levels . we still can see a correction and a retest of 1815 before . any break down under 1815 can take us to 1800 again for a deeper correction...
since USD have been strong past week and if 1815 holds we might see a drop toward 1803/1800 and even a possibility to test 1786 again ( and that where the good buy at ) . I'll drop gold scalp ideas like this when ever possible so make sure to follow so you don't miss any future ones . trade safely .