I am publishing this idea on TVC:GOLD , we have a valid channel in which Gold is moving and after seeing the last close for this instrument my bias will be Bullish on Gold.
there are 2 scenario which I have marked in above chart, we will be reactive not predictive . If Gold remains in the channel we will be targeting 50$ from the current price...
Oil closes above the resistance on the monthly time frame and as per fundamentals the crisis in UK & energy crisis in China also indicating the demand side is strong.
I am very much Bullish on OIL and will take the Long Opportunity once found the proper confirmation.
i have identified potential head and shoulder pattern on the Weekly & Daily timeframe , which if things go as I predicted there is a good risk to reward opportunity to grab. watch carefully this pair this week.
hello guys , as per my previous analysis the market had break the bullish structure , and we achieved the target(you can follow & see my previous analysis) now after this great impulse I am looking for correction. I have marked the area from there I'm looking for good opportunity to go forward.
Thank You ,
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if price behaves according to my analysis we have a multiple confluences here with the price action, if we have Head & Shoulder pattern, after the completion of H & S pattern and Trend line breakout we will be looking for bearish momentum to take us back down to the mentioned target.
I have identified the Triple Top pattern in Gold , if we see structure break the Swing Low there will be a good opportunity to Enter trade.
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Technically, a triple top pattern shows us that the price is unable to penetrate the area of the peaks. Translated into real-life events, it means that, after multiple attempts, the...
according to my observation the pattern seems to be a Head & Shoulder pattern and 50Moving Average is also aligning with the prices highlighted, I am watching this carefully for the confirmation of this structure before taking any position.