Lets see if price can complete this Gartley pattern so we can jump in sell positions....
possible bounce back at 0.23 fib if it crush trou it i would look to short to 0.38
Gold has met past strong ressistance wait for double check,do not enter fast-blind-trade.... wait for bearish candles
can we test support(continuation trend) adn go up...or we break bellow(break the trend).... lets be preapared for this p.s. do you like my new Aqua theme? :D
All i can see here is RSI went oversold and down trend goes into consolidation. we have some reverse pullups with not enough strenght,i expect next pull up to be reverse trend (break throu consolidation-up trend) 4H - chart
we hit 0.236 sell after X.A.B.C.D complition (D-complition entry) can we go to 0.382 ??? RSI is overS...
3rd break out of consolidation or pull back to 2nd consolidation support....
this is classic for every cons. when is trend on "pause" we hit up first consolidation watch for second ressistance to became support then enrty (same thing would happend if we do that strategy at first cons.) (30 min chart)
we are on strong ressistance at 0.6lvl it it crash throu it could complete B>pattern..... But Rsi is overB. so watch for that ressistance it my fall down.....
Dow-Jones-Industrial its obvious up trend in long term but can we bounce up at 0.5support -30min TF lets see
Watchout for that B>pattern,candels can go back and continue up trend...it just may be false alarm :) if 3rd ressistance (0.fib) happen then go short to 0.236 or 0.3 eventualy... do not rush , be patient :D
reversed trend is it too late to jump in now ? it might be wait for lower low candle at support for possible entry buy Or entry at ressistance break
Continue DOWN TREND? any opinion? we reverse from up trend,can it go down to support line (blue line )
Buy ideas-------> After complition of cypher and confirm past support once more,it will be oversold so that is where u should enter *possible bounce to ressistance scenario is at blue support line so do not rush,wait for it.....*
another possible outcome for pair AUD/CAD -wait for ressistance to be confirmed at 0.61 fibo line for buy -or go all the way down if it brokes ressistance
if its "out of gas for now" it could make :head and shoulders or cypher pattern" wait for confirmation if it goes down
watch for that cypher pattern.... do not enter above ressistance