Looking for a short position, on weekly and monthly we've made a solid bearish reversal.
Ema's crossed, we have new lower highs formed
Currently near resistance/support level, waiting for a breakout to occur, then enter a trade.
Potential TP 76.059. Stop loss depends on your strategy and risk. But i think in this case we can have a quite tight one. 30 to 50...
I expect a big move next week on gold, probably hit 1800 or more.
Monthly, weekly and daily - totally bullish
We have a decent resistance on daily broken 1747.89 and retested
Price accumulation on 1756.73 - 1761.31
Buy opportunity confirmed - now we rally 1800+
On 6 Hours - bullish engulfing
Moving averages - bullish
6 Hours view...
On weekly timeframe we have 3 weeks rejection from a trend line.
Last week we had a breakout of a resistance level and retest of a trend line with a long wick showing a bearish pressure.
Next week probably opens with a gap, still need some price action confirmation, but i am bearish overall
Potential TP - 0.59628 (more long-term)
Lower highs and lower lows are...
A lot of you guys a currently bullish, but i want to share another view
Possible short trade if we do have a confirmation on current 4 H candle (3 hours till close)
Grey resistance - Weekly
5 Waves formed = abc correction move
2 Lower highs + 2 lower lows still valid
Recent rejection on 1H and 4H structure
Just now i'm seeing a pin bar forming on 1 H, Will...
Hello, traders! My name is Den, I'm from Ukraine, retail trader. This is my first experience of sharing my view on the market. Currently in my sight are GBP/USD, GBP/JPY and GBP/NZD.
Let's begin with a weekly chart analysis.
1. Beginning from the November 16' we can clearly observe a valid up trend. So on a weekly we are drawing a trend line which has...