As long as price holds support or doesnt break HL points looking like a nice buy short term target for me is .32 cents
Bias for the week Monthly: price overall is still in a bullish trend failed to break Previous HL also respecting 1.17000 a strong monthly level Weekly:Price formed a strong bullish variation pattern at a strong level of S/R also breaking above the 20SMA last weeks candle also closed as a strong bullish engulfing Daily: Price has been so bullish it has...
Bias for GOLD Monthly: Overall bullish trend Previous month closed as more of an indecision candle stick and respected monthly level of 1690 looking like price could be forming a nice 3 bar reversal which is a strong bullish candle formation Weekly: price is coming to a strong area of S/R so this week could see some form of a retracement before testing...
GA Analysis for coming week Monthly: In a bearish trend currently trading below 1.80000 rejecting both moving averages has possibly made its lower high and now making a a push to either test previous lows or make new lows Weekly: Price pulled back to the .764 retracement level rejecting the 50SMA now continuing the overall bearish push can either push...
Possible inverted head and sholders pattern forming to continue bullish run looking for a re entry
UJ 2nd position open a few pips in profit 11 pip risk for a 44 pip gain
Current open position on gold 40 pip risk for a 200 pip gain looking to target H4 time frame highs
Possible Head and shoulders pattern not the cleanest but could be the retracement back into 1.50 before pushing back higher
Update on EU Price never gave me a clean enough entry to go long and it literally just flew now all to do is simply wait for an retracement into this broken resistance level to see if it can now hold as a level of support 1st targets for the week met
GA Update price has now pulled back on the daily confirming price is tend bullish H4 tf price gave a nice 3 bar reversal with a strong bearish engulfing candle stick breaking under the moving averages and also price has now broken under 1.80000 a strong level of Support and resistance looking for a simple break and retest later on into london NY session to...
Monthly: price is still overall bullish last moths candle stick closed as more of an indecision candle respecting monthly key level @1678.000 also .618 on fibs Weekly:Price seems to be gaining some buying pressure buyers are not giving 1678 seeing a big bullish reaction at that level, last weeks candle did fail to close above resistance but did give me a...
Monthly: price is still overall bullish last moths candle stick closed as more of an indecision candle respecting monthly key level @1678.000 also .618 on fibs Weekly:Price seems to be gaining some buying pressure buyers are not giving 1678 seeing a big bullish reaction at that level, last weeks candle did fail to close above resistance but did give me a...
UJ UJ analysis Monthly: Price last month had a massive bullish push all the way to 111.000 where price seems to have found a lot of selling pressure now it seems to be having a retracement Weekly: Price did closed bearish also left a long wick indicating that there is still alot of buying pressure, moving averages are both below price indicating more...
EU Reasons to go long Monthly: price still has not broken previous HL and is still in a strong bullish trend buyers have stepped back in the market pushing price higher Weekly: Last weeks candle stick closed as a strong bullish engulfing,engulfing the previous week closing above the 21SMA and also a key level @1.80000 Daily: Price has been on a big...
GA Reasons to go short: Monthly tf price is in a bearish trend rejecting 20 SMA and 0.764 on fibs Currently trading below major level of 1.80000 Weekly:Last weeks candle closed as a bearish engulfing respecting 50SMA as a level of resistance also closing below 1.80000 as long as price stays below that level will look to short Daily:Price broke previous...