BEAR FLAG FORMATION ON THE FOUR HOUR CHART. IM NOT LOOKING TO SELL TO MY BUY ZONE, IM ONLY WAITING ON THE BUY.AREA OF INTEREST IS .79 FIB LEVEL. I DO HAV TO SET UPS IN ONE. IF WE BOUNCE OF TOP LIMIT THEN ID GO WITH FIRST BUY AS MARKED IN CHART. IF WE HIT BOTTOM LIMIT THEN ID GO WITH SECOND BUY. WERE ARE AT A KEY LEVEL AND A PREVIOUS AREA OF SUPPORT. POSSIBLE HEAD...
We are currently in a ranging trend trend. Im looking to enter at top of trend for a key retracement at .786 and .886 fib levels. Im placing stop above previous High at 1.02630. Im looking at .97620 for Take profit 1 and .95555 for tp 2
We're are currently in a sell but we can obviously see more downside action.I have drawn a pitchfork also a bearish channel. We were in a bullish channel which was creating a bearish flag. Im looking for ea to create a flag pole. Im seeking to take her to the 145.2 area
We are currently in a downtrending bear channel but caught a weekly buy at .73125
Im looking to take it to the 50 fib area and top of andrews pitchfork. That level is also the retest of channel and my previous au analysis.
On my previous gold trade we entered long at 1264 and went up to 1306. Now im looking for the next long opportunity within this uptrend channel. I have used the pitchfork to help me in viewing the channel and as we can see it has been respecting. Im looking to enter around 1250.5 due to spread. My initial limit was 1263 but i feel we break that here and go long...
Here is a trade My team and I took last week for 150 pips. As of now we can see ncad following a slight up but sideways trend. Ive drawn a pitchfork and have alo came up with limits on the horizontal line. .80206 looks like its within the pitchfork and at a support zone. Ive also marked this up using a fib retracement and a key level would be at .845 and previous...
INVERSE HEAD N SHOULDERS ON THE DAILY. WE HAVE A BOUNCE OFF THE 50 % FIB RETRACEMENT. MOMENTUM SEEMS ON THE UPSIDE. I FEEL WE BREAK NECKLINE AND MOVE ON UP. IF NOT SECOND SCENARIO IS SELL AFTER SHOULDER IS BROKEN AFTER BOUNCE FROM TL. MY THOUGHTS SAY UP UP UP. INVERTED HNS IS VALID ONCE NECKLINE BREAKS. WATCH FOR RETRACEMENT ON NECKLINE TREND. IF 2 SCENARIO IS...
Im seeing gbpjpy following this pitchfork nicely. Its been respecting this channel slowly following its downtrend continuation. Looking for it to retrace at a key level and on the 61.8 May the bears keep pushing down.
The strongest zone here I believe is .68924, this will be my bigger entry and where ill use a bigger size lot. The three horizontal lines are where im looking to enter. Earlier entry .02, next level .05 and last .10. you can use the sizes you find according. im going off fibs and trend analysis. may the bulls win this battle.
Im looking to enter long At .76910. At this point on the hr time frame im using fibre retracements to get the right retrace. Im looking for it to retrace off the top off pennant and continue its bullish trend. I also like it how its been respecting the pitchfork retracements as well and is still in channel respecting its true trend. Lets hope the bulls regain control.
As you seen in my pitchfork idea I have it as longterm buy. I do believe it will drop to the 70.7 fib area and maybe even the next. I believe trendline will be respected and form here im going longterm buy for gold. If you entered at the 61.8 area id tp at 1280 and wait for next area to be reached
Overall I still have Gold -0.30% respecting the uptrending Channel. I have drawn a pitchfork and see it respecting perfectly. We also have gold -0.30% reaching the 61.8 fib re-tracement leval, depending on how you use them. Overall we do have one more push down before this occurs. Im looking to enter at 1264
Overall I still have Gold -0.30% respecting the uptrending Channel. I have drawn a pitchfork and see it respecting perfectly. We also have gold -0.30% reaching the 61.8 fib re-tracement level, depending on how you use them. Overall we do have one more push down before this occurs. Im looking to enter at 1264.7 due to spread. Happy Trading