The market fell from resistance, it failed to update its highs. The market has broken through support levels and it pulled back after impulse leg down. Price has bearish momentum and I expect a pullback then move down from the swing zone. My target is 0.66000 support level . Traders, if you liked this idea or if you have your own opinion about it, write in the...
The price perfectly fulfills my last idea. It hit the target. The price quickly pulled back to the range zone. The bears cleared the orders by falling below the 1900 support level. I think it might go down to retest the support level, and it might go further down to the 1885 support level if the price fixes below it. I expect some retesting of the support. My goal...
The price perfectly fulfills my last idea. It hit the target. The price is moving toward the main resistance. The market pulled back to support level after bullish move that creates a swing level. Price broke the previous strong resistance zone which is support level now. I expect trend to continue from swing level and lower border of the ascending channel. My...
The market broke through range zone and made complex pullback. The price is ranging on the 4H. It's look like the market wants to test weekly low at 1.084500. I look forward to pullback to the resistance zone and if price makes a fake break at support (weekly low) level, I think price may bounce off the support because price is the in the range. My goal is to...
I will try to explain to you about the Wolf pattern. I myself prefer to call this formation a Wolf pattern rather than a wave, because it will not always remind of a wave and has nothing to do with the Elliott Wave Analysis. Before I get to the practical part, I want to note that this pattern is very easy to learn and often allows you to get a fantastic ratio...
The price perfectly fulfills my last idea. The price dropped and reached support area. The gold market is at strong support level. I think if the market forms a double bottom the price might make short term pullback. The market losing its bearish momentum: the price created doji candles at support level. Or it may form range zone because price shows big divergence...
The market is pulling back after impulse move downward. The bullish momentum is weakening because the main trend is bearish and double top is formed at the resistance zone. The price broke throught desceding channel, it shows that bears are taking a break. I expect an engulfing candle or long tailed bar, then fall from the zone if the price ramains below it. My...
The market is forming a triangle pattern after the price tested the strong resistance level. The market made lower highs that showed bulls did not have the strength to make new highs. Therefore, price action in the accumulation phase will eventually lead to distribution; level breakouts, and new highs or lows. But I expect the price to go up from the support level...
The price perfectly fulfills my last idea. It hit hte target. The price rejected the resistance zone then it broke through the range zone as well as triangle formation. I think it might go down to retest the main support level because the market is obviously bearish.I expect some pullback to resistance and downward move. Wait for confirmation because it might...
The price perfectly fulfills my last idea. The market hit the targeted level. Price action broke through the resistance zone and it's heading toward the main resistance. The price is near the main resistance at 1.45000. I look forward to testing the main resistance and upward trendline and rolling back towards support from resistance zone because the market fell...
The price perfectly fulfills my last idea. The market is heading toward the targeted area. The price broke and fixed above the previous high. I think the market might test the support where the price rapidly changed direction. If the price action forms a fake breakout or double bottom, it's going to be a good sign that the market will most likely continue moving...
The gold market is uptading swing lows. It broke and fixed below the strong price level at 1940. Price action made a pullback toward a range zone and downward channel boundary. I think the market may go down from the zone if it shows no strength to break through the resistance zone. Price action also formed a continuation pattern triangle formation which breakout...
The price perfectly fulfills my last idea. The market fell from resistance and tested the support level and bounced off it. Currently, the market is in descending channel and I think it will break it and go up because the main trend is bullish. I expect pullback to support level then upward move by breaking the trendline and channel. My goal is resistance at...
The price bounced off the support level. The market made impulse leg up before from this level before. The price is heading toward the main resistance 1.10000 and it might break through the descending channel to make new highs. Price action might form range near the channel border. I expect the price go up from the support level toward the resitance because the...
Gold fell significantly during the trading week, breaking through the low of the previous week's candle. The end result is that it has been bullish for quite some time, but if it reverses and shows signs of support it might be able to go higher, maybe even to the 1,950 level, and maybe even higher. However, if the gold breaks below the candlestick base, there...
The price perfectly fulfills my last idea. It hit the target zone. The market fell from the main resistance at 1.64000. Price is pulling back after impulse bearish move again. The market forms entry zone near the resistance and the border of the descending channel. I expect fall from the resistance level because price fell from the level multiple times before. My...
The price fell back to support level after testing the main structure resistance. The market has rejected the support level and bounced off it. The market might pull back to suppor level again and form double bottom. The trend is obviously bullish on the current and D timeframes. I anticipate retest of the of the support followed by expansion toward the primary...
The price has broken through the support levels. The market broke consolidation phase and made extension. It creates an rejection candles at the resistance zone that show bears are stonger at 1.32000. The market is in downtrend and I expect fall from the resistance at if price rolls back to it. My goal is support near 1.31000 Traders, if you liked this idea or if...