The market is overall in range and it's ranging at the main support level on the daily timeframe. The price did not go lower to retest the support level instead it bounced off the support. It's heading toward previous resistance zone by forming a double bottom. I think price might go up to resistance zone because the market updated swing highs and it reached an...
The gold market fell from swing zone after breaking out of range zone and level rejection. The market broke and fixed below the main support at 1820. The price is moving toward the mainsupport level at 1800 after retesting the resistance. I think gold might go deeper down because the price action is gaining bearish momentum. My goal is the support level at...
The price perfectly fulfills my last idea and it went up towards the main resistance.The price is overall in range phase and it is pulled back to resistance after massive bearish move/impulse leg. I think that If the the price may fall down from the resistance. I am waiting for thedouble top and then price to roll back to the support level because on the higher...
The market broke the through the descending channel and it's testing swing zone. The price tested and bounced off the support level after forming a double bottom. The price is forming the potential 1-2-3 move pattern that will lead to new extension downside. I think the market might go down if the pricefake break the swing zone . My goal is the support level at...
A trading journal is an important tool for any trader. It allows you to track your progress and learn from your mistakes. In this blog post, we will discuss the different elements that should be included in a trading journal. These elements include the date and time, the traded instrument, the entry and exit price levels, the position size, and the trade...
The price of gold is still falling and is trading close to $1,810, which is its lowest level since late December. The price action remained in trading within the descending channel as it approached the 1800.00 psychological support point. The indicators show oversold territory with a move down, but buyers may choose to defend in this area because the dollar gain...
The price perfectly fulfills my last idea and it went up from support. The price is heading toward the support level. I think price may go down if price makes a fake break resistance level and because price action forms in the range - extension move. I expect that the price fall from resistance and test support. My target is support 0.60880 Traders, if you...
The market recently could not break through the resistance and update its lows. I think the price may form a fake break at resistance and then go down to test main support level because price is near strong resistance and trendline. I expect fall from recent resistance. My goal is support around 1.04680 Traders, if you liked this idea or if you have your own...
The price after breaking the descending channel border the price updated high and it fixed above the resistance. The market formed a swing zone. I'm waiting for short term rollback to support level then growth from swing zone. My target is resistance at 100.700. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I...
When it comes to trading, many people think that it is an easy way to make quick money. However, the reality is that it takes time, effort, and patience to be a successful trader. In this blog post, we will discuss some of the key things that beginners need to do in order to be successful. Set realistic goals Setting realistic goals is important for any...
The price perfectly fulfills my last idea. The price dropped after breaking out of the range and hit the target. The market formed a double bottom. The price is overall ranging and I think gold might go down to retest the support level and then go up. Price action formed weak bearish extensions which is sign of future reversal. I think the market will go up for...
The price formed a descending triangle pattern after impulse move down. The market is putting pressure on the support level and I think eventually it will be broken. The pullback from support are short. I'm waiting for breakout of the support level then bearish trend because price action made lower swing highs, sellers are pushing the market lower. My target is...
The price perfectly fulfills my last idea. The market fell from swing zone and downward trendline. The price tested the support level but did not break though it and went sideways. The market might made a pullback and form a double bottom because the bearish movement is losing momentum, because price action on the daily timeframe created a doji candle. My goal is...
The gold market fell from the resistance zone after breaking out of range zone. The market broke and fixed below the main support at 1830. The price is moving toward the recent support level at 1820 after retesting the resistance. I think gold might go down because the price action forming a correction extension pattern. My goal is the support level at...
The market pulled back to support level after bullish move that creates a swing level. Price broke the previous resistance zone which is support level now. I expect trend to continue from swing level and lower border of the ascending channel. My goal is resistance zone 1.95000. Traders, if you liked this idea or if you have your own opinion about it, write in the...
The market fell and broke the support level and fixed below it. The price tested the support level after breaking it became strong resistance zone and swing zone as well. The price is forming the potential 1-2-3 move pattern that will lead to new extension downside. The market might go sideways if the price breaks the resistance zone. My goal is the support level...
When it comes to trading, there are a few key things you need to keep in mind in order to be successful. In this blog post, we'll cover four important trade tips that focus on price action. By keeping these tips in mind, you'll be better equipped to make profitable trade decisions going forward. №1: Identifying the current market structure The first step to...
The price perfectly fulfills my last ideas. The market is heading toward resistance zone from the strong support level . The price is squeezed by descending triangle pattern and the price broke through it. The market is forming price squeeze and the price might bounced off it and go up to test the resistance zone. Essentially price action formed an inverse head &...