gold price is reaching a strong demand zone.
in higher time frames gold is still bullish so i think this weekly candel will turn in bullish .
a buy limit at this zones 1876 - 1880 would be good for nice gains
Gold is still holding a very strong bullish structure . creating higher highs lower lows.
A break and retest of the last resistance would be good to buy with larget 1960.
First week of june can be a retracement to grab liquidity and after to form another monthly bullish candel with wick in downside.
If trend is bullish i will look only for buy opportunities ,...
gold is creating higher highs higher lows from 4h timeframe and lower .
if dollar keep standing weak we can see easily that price will go at 1850.00 which is a supply zone in Daily .
From there i expect price to fall .
Lets see how this monthly candel will close.
BITCOIN is creating higher high higher lows, but with small steps, it needs liquidity to go up.
In my opinion bitcoin will make a strong retracement before going to next target 80.000.
Retracement will be 51k or until 44k . Lets see
If you have any comment about my idea write below in comment section.
gbpusd filled with succes these supply demand zones as i shared 2 weeks before, right now we have a doubble bottom formed that mean price failed to create a new lower low.
in my opinion price is turning bullish and price should retest this year top high that was in february , to go buy in this scenario is to buy at fibbonacci retracement levels.
Also who likes...
XRP breaks 1000 last days max price.
Price is making a retracement before the next upmove.
In my opinion a good place to buy XRP is at these demand zones.
Price will retest very soon all time high 3.3usd .
dollar index from 4h time frame and lower looks bearish, but if we se on daily we can see that is forming a higher low, dxy is grabing liquidity to create a new higher high.
this demand zone and that blue line that is an orderblock is a perfect place to buy dollar. lets see ..
nzdcad overall is on a bearish trend but we have created a doubble bottom that means market havent to much force to create a new lowerlow. There is a fresh supply area that i am looking for target in buys.
From there (supply zone 0.9000) we can look for sells if we see rejections.
0.9000 is a round number too .
GU in 4h is creating HH HL
Good opportunity to catch next higher high with target this supply zone + 4h orderblock @ 1.39220
If this scenario happen from there ( supply zone ) we can have a good opportunity for sell-
Lets see how market gonna react, monday is a good day to show us wich direction market want to go.
gbpaud is trying to create a higher high in HTF (higher time frame) but it showing difficulties because price reject and create a doubble top that means that trade can turn in bearish .
For confluece we have 4 fresh demand zones that are waiting for price to come back.
We can see a tripple top too cuz in this pair GA happen a lot this pattern.
A sell limit...
dxy have created a head and shoulder structure . this mean that dxy failed to create a new higher high.
another confluence is that on the left we have imbalance that should be filled .
+ we have a 4h orderblock and a fresh demand zone that is waiting :D
NZDCAD have dropped 300 pips to the downside . The last higherlow breaks previous higher high and higher low too, so i am waiting a retracement to make a retest of these 2 zones.
0.89950 is a strong support zone too in weekly
gbpjpy in every time frame is bullish but in weekly price is rejecting a strong resistence zone.
on the left we have imbalance 200 pips , so i am waiting for price to pull back at fresh demand zones.
euraud is on a downtrend
1.5596 is the lowest point of january
i will put a buy limit order there because i think there are some buy limits orders that are waiting to bounce the price up at the fresh supply zone .