Pedro541

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Joined
Trend trading
Markets Allocation
60 % forex 40 % other
Top Mentioned Symbols
XAUUSD 30% | 25 GBPJPY 12% | 10 XAGUSD 8% | 7 USDJPY 4% | 4
Pedro541 Pedro541 XAGUSD, 180, Long ,
XAGUSD: Silver/XAGUSD continuing its bullish trend
57 0 4
XAGUSD, 180 Long
Silver/XAGUSD continuing its bullish trend

Weekly candle seems to still be green, so let's continue it's bullish trend and be on the look out for a bullish pattern throughout this week

Pedro541 Pedro541 XAUUSD, 60, Short ,
XAUUSD: XAUUSD/GOLD Looking for a good entry point for a sell play
66 1 5
XAUUSD, 60 Short
XAUUSD/GOLD Looking for a good entry point for a sell play

If a pivot happens and the candles start to form in a downward trend, then that is a good entry point for a sell play. Let's make some money!

Pedro541 Pedro541 XAUUSD, D, Short ,
XAUUSD: GOLD/XAUUSD DAILY CANDLE
45 0 5
XAUUSD, D Short
GOLD/XAUUSD DAILY CANDLE

The daily candle seems to still be bearish so there could still be another sell play for gold. This is a good confirmation for a sell play. Let's take a look in the 4hr time frame

Pedro541 Pedro541 XAGUSD, 240, Short ,
XAGUSD: XAGUSD/Silver - A good entry point will be
77 0 5
XAGUSD, 240 Short
XAGUSD/Silver - A good entry point will be

at the break of the trend line

Pedro541 Pedro541 XAUUSD, D, Short ,
XAUUSD: GOLD/XAUUSD Daily view in hollow candle view
65 0 8
XAUUSD, D Short
GOLD/XAUUSD Daily view in hollow candle view

Since we know that it is still in a bearish trend from the renko view, this uptrend that we see in the hollow candle view we can hope it is a retest for a sell play here soon by friday. I placed a nice trend line from the top of the bearish trend to where price is at right now. Let's hope it will bounce off the trend line like the past sell play's did, for a nice ...

Pedro541 Pedro541 XAUUSD, D, Short ,
XAUUSD: XAUUSD/GOLD DAILY CANDLE
39 0 3
XAUUSD, D Short
XAUUSD/GOLD DAILY CANDLE

The daily candle seems to still be red/bearish. Right now if we switch it out of renko view, you can see it is retesting, hopefully ready for a sell play here soon. Let's take a look at the daily out of the renko view

Pedro541 Pedro541 XAUUSD, W, Short ,
XAUUSD: XAUUSD/GOLD WEEKLY CANDLE
29 0 4
XAUUSD, W Short
XAUUSD/GOLD WEEKLY CANDLE

It seems like its starting a pivot for a bearish trend. As you see it is starting a red/bearish candle. Let's take a look at the daily and 4 hr

Pedro541 Pedro541 XAGUSD, 240, Short ,
XAGUSD: Silver/XAGUSD Double top confirmation
47 0 4
XAGUSD, 240 Short
Silver/XAGUSD Double top confirmation

Silver is creating it's double top. This is a good confirmation for a sell play. It could be a short sell, and then it'll create a triple top for a longer sell, but we will have to keep watching and we'll see. Be patient and be rational with your trades. Don't try to be brilliant in case this continue's a bullish trend

Pedro541 Pedro541 XAGUSD, D, Short ,
XAGUSD: Silver/XAGUSD Daily candle is red
47 0 3
XAGUSD, D Short
Silver/XAGUSD Daily candle is red

Daily is in a bearish trend so lets be on a lookout for a sell confirmation double top or triple top for a sell play

Pedro541 Pedro541 XAGUSD, W, Short ,
XAGUSD: SILVER/XAGUSD Weekly is still bearish
23 0 3
XAGUSD, W Short
SILVER/XAGUSD Weekly is still bearish

Weekly is still bearish

Pedro541 Pedro541 XAGUSD, 180, Short ,
XAGUSD: XAGUSD/Silver Double top confirmation for a sell play
46 0 6
XAGUSD, 180 Short
XAGUSD/Silver Double top confirmation for a sell play

A double top has created for a confirmation for a sell play. The next support is a whiles down so this a good long sell play. Let's make some money!

Pedro541 Pedro541 XAUUSD, 240, Short ,
XAUUSD: Gold/XAUUSD Double Top confirmation
63 0 6
XAUUSD, 240 Short
Gold/XAUUSD Double Top confirmation

A double top confirmation has created for a sell play. Let's see if a triple top creates for another confirmation

Pedro541 Pedro541 XAUUSD, 240, Short ,
XAUUSD: Gold showed a quadruple top for a sell play confirmation.
51 0 8
XAUUSD, 240 Short
Gold showed a quadruple top for a sell play confirmation.

First it showed a triple top and then the quadruple top confirmed the sell play S/O to you Pablo!

Pedro541 Pedro541 XAUUSD, D, Short ,
XAUUSD: GOLD analysis for next week. Daily seems to be bearish
71 0 6
XAUUSD, D Short
GOLD analysis for next week. Daily seems to be bearish

Price seems it broke its last support. Hopefully it will keep bearish to the next blue support before pivoting to a bullish trend. We will be in a look out for a double top or triple top for a bearish sell trade for next week. Let's hope it will continue its bearish trend

Pedro541 Pedro541 XAUUSD, W, Short ,
XAUUSD: GOLD analysis for next week. Weekly seems to be pivoting
52 0 6
XAUUSD, W Short
GOLD analysis for next week. Weekly seems to be pivoting

It seems to be pivoting to a bearish trend

Pedro541 Pedro541 XAGUSD, M, Short ,
XAGUSD: Gold analysis for next week. Month candle is red
29 0 5
XAGUSD, M Short
Gold analysis for next week. Month candle is red

Month seems to be forming a pivot to a bearish movement.

Pedro541 Pedro541 XAUUSD, 60,
XAUUSD: GOLD/XAUUSD possibe good entry point. pivot turn,
58 0 5
XAUUSD, 60
GOLD/XAUUSD possibe good entry point. pivot turn,

Candle stick is red. Possible pivot point for a wave of red candle sticks in a row downwards

Pedro541 Pedro541 XAUUSD, 120,
XAUUSD: 2nd play for this week for GOLD/XAUUSD coming up
114 0 8
XAUUSD, 120
2nd play for this week for GOLD/XAUUSD coming up

A good confirmation will be a break of the trend line. Don't forget to like and follow me if you see the same thing!

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