irwanedry

irwanedry

XAU/USD is currently in a corrective wave. Crucial support level - Engulf bull on H4. A strong bullish move is expected once the price reached the support level.

irwanedry

It seems Gold formed a harmonic pattern on H4, giving us the signal market to be bull. The downtrend channel also has been broken, showing this could be retracement/correction phase or could be a reversal. Gold made a 'quick pullback' and currently waiting for a pullback on the base zone I marked. For a short term my target is buy on gold, the entry zone is in...

irwanedry

1) Candle D1 on friday closed showing rejection of demand zone 2) Trendline marked shadow-to-shadow to lower trade risk 3) BBMA showing extreme, where candle and MA closed out of the bollinger band My strategy - Wait for price incline to nearest supply zone and wait for rejection in the zone. That is our sell zone with Stop Loss 20-30pips higher than highest...

irwanedry

My point of view - Price is going to touch and test the trend line - Look for long opportunity in Demand zone (pink box) - Long to nearest Supply zone If price break trendline, go short targetting nearest demand zone

irwanedry

Based on my point of view - this pair is in compression zone where supply=demand - this pattern most probably will break the top wedge and going to the fresh supply zone At the Supply Zone - wait for rejection/continuation at the supply zone. (Most probably will break it based on my point of view) - if continuation forms, go long to nearest supply zone - if...

irwanedry

My prediction - EURGBP is going to make double top - Wait for rejection in supply zone - Going down at least to nearest demand zone