The market went up from support level and made new high. The price reached strong resistance zone at 1.25000 - 1.3000. The market is overbought on the D timeframe and the price may pullback from the resistance and global upawrd trendline. The market is losing the bullish momentum. Furthermore, the market has reached strong resistance on the weekly timeframe as...
The price perfectly fulfills my last idea. The price broke through the support level. The market bounced off the channel border. I think it might go down from the resistanace zone and downward trendline because the trend is bearish on the D timeframe. The price is losing bullish momentum pulling back that potentially can lead to bearish move. My goal is the...
The price formed range below the resistance at 1965, which means the indecision in the market. The market pulled to resistance where price move down rapidly before. Price is formed double top which is another sign of potential pullback. If price action break and fix below the small range I think the market will go down to retest the support level. My goal is a...
The market reached main support and it formed a range. Price could not update its lows. Instead it created a strong divergence at support level . As you can see it made impulse move down then rejected the support and made impulse move up. I expect the price goes to resistance and beakout of the channel. I think price may go to resistance level which is 50% of the...
The price perfectly fulfills my last idea. The market went higher and tested the main resistance zone at 1.12500. I think the market might go down to retest the support level because the market is overextended. If the price rejects the upward trendline and resistance at border of the ascending channel then we might see further downward move toward previous...
The market always moves in waves. It is not surprising that for decades traders have been trying to find special market patterns that would help to predict the development of the wave structure of the market. Various systems were created, where the waves were based on theoretical and practical basis. Perhaps the most popular theory on this subject is called...
The price perfectly fulfills my last idea. It hit the target. The market pulled back to range zone by breaking through the resistance and decending channel. The price bounced off resistance zone couple of times before. The market might go down to retest the support level. The price has been rejecting the resistance zone by forming a long tailed bars. I expect the...
The price is in an downtrend and it is pulling back to resistance after divergence at support level. The market bounced off from this level time before which makes it a potential swing zone. The price made complex pullback by breaking though the channel. I think the market will go down and test the support level because main the trend is shifting. My goal is to...
The price perfectly fulfills my last idea. The market has reached the targeted area. The price broke and fixed above the previous high on the 4H timeframe by updating new highs. I think the market might pullback after impulse move. If the price action makes pullback toward previous strong support, most likely it will bounce off it. The price broke through upward...
The gold market is heading toward the targeted area. The price updated higher highs and higher lows. I think the market might pullback to the support levels because it made a weak extension. Price action formed an inverse head and shoulder pattern, and now the market broke through the neckline. If the price action pulls back to support level and downward trendline...
The price perfectly fulfills my last idea. It hit the targeted area. The price has tested the support level at 1.32000 and bounced off it.The price failed to break through the support level, this shows bears have not strength left to break it. I'm waiting for the price to form a double bottom at support and retest resistance and potentially upper border of the...
The price was pushed higher, and it broke above the resistance and channel. The price is updating swing highs on the 4H timeframe. I think the market may retest the support because the price shows divergence near the resistance. It suggests that a pullback may occur. If it pulls back to the support area and upward trendline, which is the downward channel border,...
The market broke and fixed above the swing zone. It made an impulse bullish move from the support level, and now the price is pulling back to support level again. I believe the previous resistance(support now), which was tested two times is strong support and a good area to take a long position in case the market shows some weakness such as long tailed bar or doji...
The market is heading towards resistance zone. The price updated its highs and broke level that forms a swing zone. If the market pulls back to swing after impulse move upward it creates opportunuty to buy from the swing zone. I expect growth from the support level because the market is bullish trend. My goal is the resistance at 1.65650 Traders, if you liked...
The price perfectly fulfills my last idea. The market is heading toward the targeted area. The price broke and fixed above the main level at 1.1000. I think the market might test the supply zone where the price rapidly changed direction on the 4H timeframe. If the price action pulls back to support level and upward trendline then looking for entry signals from it....
At the end of this week, gold fell at first, but rebounded from support. This is the second long-tail candlestick, so if the gold can break above both of those candlesticks, the market might retest the resistance in 1950 and the inverted head-and-shoulders pattern hints at that. The Pinbar This signal is usually a very bullish sign, so I think the bulls do not...
The price perfectly fulfills my last idea. It hit the target zone. The market is ranging near the major resistance at 1.71000. The price has broken through the resistance levels and the price is testing main resistance and it shows overbought. I look forward to testing the zone and fall from. Price may fall from resistance in case if the market makes fake break or...
The price perfectly fulfills my last idea. The market went up and hit the target zone by breaking the triangle pattern. The price attempted to break the support 3 times, but bulls pushed the market higher. The market is in a range zone between main price point at 1.1000 and 1.08500. I think, the market might make another extension up because we already have the...