Looking for the long setup on Nasdaq, contingent to bullish PA being confirmed around buy zone. We will also have target levels in between our main targets highlighted.
Looking for the short setup on the H1 or M15 - seeking bearish PA confirmation aiming to the downside target of 7480. Management target around 7540.
Looking for the short setup around the supply zone highlighted. If price breaches above that level then potentially the 2015 highs of 100.00 - 101.00 can be met. (Yellow Res/horizontal line). We need to seek bearish PA on H4, H1 or M15. We can have interim targets in between dependent on your trading style. However, the two key price levels I aim looking at are:...
Looking to the upside - seeking bullish PA on a smaller time frame at demand zone highlighted. The setup will be contingent on bullish PA confirmation.
Looking short to the downside of 0.93600 then 0.9300. This is only my forecast and plan, execution will be based off smaller time frames on PA confirmation.
Looking long from the buy zone highlighted previously to the first upside target then second to follow. Check linked Idea...
"The Bank of Russia, the country’s central bank, has surprisingly announced a fixed price for buying gold with roubles" - The Conversation 05/04/2022 Announcement: 5000 Rubles per gram tied to Gold! - As of March 28 2022 Just an insight of how this may impact the price of Gold: There are 28 grams in each ounce. 28 grams for 5,000 rubles per gram is 140,000...
Looking to the downside target of 1.08500 then 1.0800. Stops around 1.09400 (can be more conservative).
Overview and identified market structure, setups will based off PA confirmation around our zone. Stops will then be strategically positioned.
Looking short to downside target of 0.2400 then 0.2100. This is just the overview, further analysis will be conducted to plan execution on the smaller time frames. Seek PA confirmation to plan stops and entries.