dreadhead4_life

dreadhead4_life

US30 is currently bullish on the higher timeframe but price hasn't had a healthy retracement until now. I think that the bearish momentum can continue leading up to NYSE open at 9:30. Then price could reject the EMA and level of support around 35000 which is also an area where price previously broke out from to create the current high. My current perspective of...

dreadhead4_life

US30 has been trending bullish all week last week and this week it has been bearish. Looking for short term opportunities for buy or sell positions depending on how price reacts to the levels mapped out. I think we might move bullish for now and then continue the bearish retracement until the next key level on the higher timeframe.

dreadhead4_life

The trend is currently bearish for Gold, but price has met with support and has begun to retrace. I believe that if price fails to break and close above resistance, we can see more bearish momentum leading into the NY open and probably the rest of the week. If gold does decide to break and close above, we can possible see more bullish momentum to continue the...

dreadhead4_life

US30 has been trending bullish all week. I think price can continue bullish as long as the candle respect the 200EMA and continue to form higher lows. I will looking for a buy position leading up to the NYSE open. If we see price break and close below the 200EMA, buy positions will no longer be valid.

dreadhead4_life

The overall trend for Gold is currently bullish. I believe that price is currently in a retracement to build up more volume before the bullish continuation. As long as price is respecting the 200EMA (red line) and candles continue to close above, we will have an easier time with buy positions. As you can see, price is currently in a range on the 4 hour...

dreadhead4_life

Gold has been trending bearish to retrace the past few weeks of bullish momentum. I think price is currently in a range, but once we see either a break to the upside or downside, we can continue in that direction will market volume. This is a quick scalp idea, but based on the HTF, I think there will be more bullish momentum in the next few weeks.

dreadhead4_life

Price could continue bullish throughout the rest of this week as long as the structure of the bullish trend continues to be respected. I understand that this is a counter trend analysis, but a healthy trend always needs to pullback before a continuation. My bias is bullish in the short term, but I believe to overall market is showing signs of more bears to come in...

dreadhead4_life

US30 has been bearish for some time now and I believe that price is beginning to retrace from this level of structure, which was a previous level of support. There is also a gap/wicks that can potentially be filled, before seeing a rejection from the EMAs and that major level of resistance. I think that US30 will continue bullish until the end of this week and...

dreadhead4_life

Possible bearish continuation. The trend is currently bearish and price formed a low. Since there is currently resistance being formed, I think that price can continue the bearish momentum leading up to the market open.

dreadhead4_life

Price is currently in a range. If we can continue to break below the lows, the bearish trend should continue until the bottom of the range to fill the gap. Waiting for NYSE open volume

dreadhead4_life

I think US30 can continue bullish until it reaches the 4H TF trendline where there could be a huge rejection and the continuation of the bearish trend. With the increase in prices due to inflation and recent sanctions, the economy could take a hit and lead to a huge sell off in the markets. We will see what price decides to do during the NY open tomorrow....

dreadhead4_life

Gold has been ranging all day after having a rejection from a major level of support on the higher timeframe. Price can continue bullish during the London session or Pre-NY. We just need to see an break and close, followed by a retest of the minor trendline. Then there will be a probability that price can retest the high that was created during the NY session...

dreadhead4_life

US30 can continue bullish is it respects structure and begins to form support. Waiting for a confirmation of entry as we enter NY open

dreadhead4_life

Gold is currently trending bullish. There are two news events that can possibly bring volume into the markets leading up to the NY open. Waiting for support to be formed and then a break of structure to confirm my point of entry.

dreadhead4_life

Gold BREAKDOWN-SELLS Gold is currently trending bearish. Price broke and closed below structure at 1978 on the 4H TF. If the next 4H candle respects the structure broken as resistance, price can continue bearish to the bottom of the range at 1965.50 1. Previous level of resistance 2. Price broke and closed below structure 3. If price rejects this level and...

dreadhead4_life

Gold is currently in a strong bullish trend. During the Asian session and London Session, price made a strong pullback which was needed in order for the bullish trend to continue. As long as price continues to respect the structure and create higher highs and higher lows, we continue the bullish momentum to at least retest the highs that were created yesterday.

dreadhead4_life

The overall trend for US30 is currently bearish. I think that price will continue to move bullish leading up to the NYSE open but price will eventually form resistance to continue the bearish trend. There is a good short term opportunity for buys but the HTF indicates bears may be in control.

dreadhead4_life

Gold broke out of resistance and formed support. The bullish trend should continue as long as we respect structure