Wait for the Next 4H candle close to decide the fate of the Market
Gold is obviously in a range and also locked in an ascending channel, Wait for Breakout of Triangle and go long to next demand zone. Hit the like button to support. Goodluck
MY TECHNICAL VIEW... THE CHART IS CLEAN AND WELL DETAILED, WAIT FOR TRENDLINE BREAK-OUT TO SELL, OTHERWISE STAY BULLISH... GOODLUCK. LIKE TO SUPPORT
I'll Only sell when the Market breaks out of the Black Trendline on the 1Hour TimeFrame.. Goodluck👍
My Expectation for Gold for the coming week is obviously a Sell, But remember we can only follow Price and not lead it... All TakeProfits (Orange Lines) are based on Daily Support and Resistance Will only Take a Buy and Sell based on Price Action. Goodluck 👍
Stay Bearish, +200 pip target...chart is well explained. Remember to follow me for more free setups. Thanks
I'M EXPECTING A BEARISH RETRACEMENT BEFORE THE OVERALL BULLISH MOVE ** READ CONFLUENCES BELOW & ENCOURAGE ME BY LIKING THIS IDEA, THANKS ** 1. ON THE MONTHLY TF, THE LAST CANDLE JUST CLOSED INDECISIVELY, SIGNALING A BULLISH CONTINUATION IN FAVOR OF THE OCTOBER CANDLE 2. COMING DOWN TO THE WEEKLY TF, WE CAN SEE CLEARLY THAT THE MARKET HAS BROKEN A SEVEN MONTHS...
Remember to hit the like button if this was useful. 👍 Patiently wait for a daily close below trendline, then swing to 119.74; Which is also a 61.8 fib level on the Monthly TF
HEADS UP ON AUDNZD... READ FULL CONFLUENCE 👇 HIT THE LIKE BUTTON BUTTON IF THIS WAS USEFUL TO YOU.. I EXPECT A BULLISH MOVE FIRST BEFORE THE OVERALL BEARISH MOVEMENT. ** REASONS ARE, THE MARKET HAS BROKEN A STRONG TRENDLINE, SHIFTING FROM AN OVERALL BUYING MARKET TO A SELLING ONE. ** WE CAN CLEARLY SEE FROM A WEEKLY PERSPECTIVE THAT THE MARKET IS STUCK IN A...
Hit the like button if this was useful to you... CONFLUENCES ** On the Monthly TF we can see that EURUSD has printed a very clear Bearish engulfing candle ** We can also see that the market has successfully broken a strong 5 months accending trendline, giving us a shift from our buying bias to a sell ** It has also started creating its first lower-high point **...
EURCHF Finally has broken out of a 2 year descending trend line, which gives us a shift from a selling to buying BIAS, extra confluence is that it has just bounced off a demand zone and has successfully retested it on a 78.6 fib level. I'm already holding BUY Positions and I expect price to rally to my final TP around 1.1000
STAY BULLISH 'LONG TERM' !!! CONFLUENCES: 1. STRONG DEMAND ZONE 2. 38.2 FIB LEVEL AT THE WEEKLY AND MONTHLY TIME-FRAME ==> You can also wait for a break of the trendline for extra confluence 3. FINAL TAKE PROFIT AT 1.3660
Confluences: Daily Bullish Engulfing on a strong Trend level, Broken our Dencending Trendline and is projecting upwards, Has created what seems to be a double buttom... My First T.P is @1.95000 Hit the like button if this was helpful
On H4 we can see a Head-and-Shoulder pattern. First T.P @1.33150 Based on a strong Resistance around that area
GBPCAD has Successfully Broken and Retested a trendline, Also Respecting my Daily 38.2 fib level... 1st TP is at 1.68000. Slightly above the next Support.
I've been on the sell since last week, but i didn't feel like publishing my ideas anymore, cause i noticed some traders post random things just for the reputation and i didn't want to be that guy. But tonight, i felt "Yeah why don't you post something, if one person benefits from it, then you've sure made an impact". So here's my idea
** POSSIBLE INVERSE HEAD-AND-SHOULDER FORMATION ** POSSIBLE BREAK AND RETEST OF CHANNEL NB: WAIT FOR ALL EXPECTATIONS TO BE MET BEFORE GOING LONG