After 1h bearish divergence, it brokeout uptrend then retested.That was a trend reversal then i sold it. It dropped till 1292 which was a Gap up price on 9th of March. Then it brokeout downtrend however neither it broke 0.236 fibonacci retracement level nor retested downtrend to go higher.I'd recommend to my followers stay out of any trade action in blue colored...
We are in consolidation pattern since 2013.Bears and Bulls shouldnt be over-excited when price moves in blue zone.In my opinion, it wants "more" to be in a bullish market than bearish market since it tries more upside than downside. You will see 1400-2k-4k callers during green arrow price actions and sub-1000 callers during red arrow price actions. This is just a...
I think market pushed so hard to touch bearish multiyear trendline and got a serious rejection. (weekly candle is a shooting star)
Currently over %65 of total positions are long acoording to oanda sentiments.
Price needs to break green support line first to say bearish market inducted. i'd recommend break re-test and sell XAUUSD to 1240 or lower TP.
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* It seems price bubble has been collapsed to normal price range.
* 3-month down trend tested once more.
* Turkish stock market(-%3,05)
* Turkish central bank is still selling(short) USDTRY on future market to maintain USDTRY.
* 5.54(Neck) should be passed to say Double Bottom formation
* Critical price level is 5.41 for...
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In order to break powerful resistance;
13.11.2018; 5.576 + closure,
14.11.2018; 5.550 + closure,
15.11.2018; 5.524 + closure,
16.11.2018; 5.507 + closure is needed.
Very powerful support and powerful resistance crosses on 20.11.2018 5.444