I must say this is going to be rather a reactive than predictive setup. I expect a bearish retrace to the support zone as marked out. Then a bullish ride to the 0.90600 regions.
This is an update on the Monday session scalping. Please use strict account management and set a SL. 110.400 has been a strong psychological area of resistance for this pair. Should we break above this strong area, we are headed for an ATH on the weekly and Daily timeframes. this is the simplest idea you'll see today, like and support, thanks.
Please don't trade without a confirmation as we are waiting on liquidity call. it's a quite Monday.
This is just a very personal trade setup, if you agree with me enter at your own risk.
I'm not making any calls here. personally, I was trapped between bulls. I used this analysis to move my SL above 1420. I think the bears still hold a strong short call. Goodluck,may the markets be with you.
According to lovers and traders of the Japanese candlestick styles, using Price Action, Spinning Tops and Shooting Stars are Trend Reversal candles. Moreso, this combo was formed at a resistance level. Coast is clear. No more Boris Jack's synthesis and fakeouts. Bearsish pressure will set in. Thank you for stopping by.
Short Gold at the close of the 4hr candle. If we close bearish, then we may be seeing a bearish engulfing formation and rejection of the 4hr support . Entry, 1515 TP: 1493 SL: 1529 Coversely, We see a breakout before then, I'll be placing a Sell Limit at the next support of my daily Trendline. Disclaimer: This is my personal trade, double-check your...
Pay good attention to this pairs, I have been watching it closely for more than a month now, it has a very obedient price movement. On the WEEKLY Timeframe, we have seen a very long downtrend finding its bottom at 1.1799 on Aug 2012, there has been a gradual retrace to the current support we have now. It forming a W pattern where we shall find our neckline at...
Bitcoin may test the 8000s region again. Tradingview should probably flog me for me this. Lol I have had this chart on my chart since May. I just thought we should all see my imperfection.