Gold is famous for his long trend,now we have already see at this beatiful bearish trend from 1355 xOZ to current 1267 xOZ. We find this pattern with a correction that hit around the 0.618 retracment of fibonacci so if we break under last low and retest the previous support we could have some pips about 500 on the table. Looks always at DXY if the strenght of...
Hi traders sorry but i ve missed to post this cause the work, anyway last week due too set too early the trade on this i ve take a fake out but we have seen how price tell us everything cause after set that trade price has formed a nice H&S that moves price down below another zone and start to follow another little acceleration TL so we work with zone and TL all...
Simple is better, zone to zone uptrend the brake of major descending dynamic resistence that take down the price for about one year and now it s time to go long! also get an eye always at DXY we have broke the major descending TL. Good RR go wwith this! For have a more clear vision doing a zoom at H1 timeframe sometimes more expressive look at retest of TL and...
Buy the brake of major descending TL target is the next resistence zone. if u remember i had posted a short as one of my first trade here all following the major descending TL and the minor or accelaration TL now we have brake all two it s time to go long! BUY THE BRAKE OR RETEST depend how u are aggressive still stick to MM always! GOO!
Another simple trade price has broke the acceleration TL also called minor descending TL we go long to the major descending TL that is a magnet for price! As conflunce we have a brake of resistence zone so the i ve put there the entry price cause the price should retrace and retest that zone when we see that retrace we ll take that for our entry long.
Nice pair to trade at the market open,the setup is ready. We have the third bounce (DAILY TM) on major ascending TL plus double pattern formation: 1) DOUBLE BOTTOM 2) INVERSE H&S We have a nice RR ratio and all split in two TPs cause if we fail to break above 1,2070 area could come into play a TRIPLE TOP pattern. Note: About the title is cause...
Guys possible long setup on this with 500 pips on the table! If my eyes don't lie we have the breakout of MULTIYEAR descending TL (go to the weekly timeframe and see also with your eyes). For confirmation we should see a pullback with a closing candle above our TL so we can take this retest for entry long and hold this for some week. Trade supported by: fibo...
GBPJPY possible long setup due to classic double bottom on key support level.This idea supported by MORNING STAR formation on weekly timeframe and recovery of strenght of sterling in the last week and fundamental forecast for monday is positive let's see.
Always with my usual analysis i test another version in naked with the fibo's tool. I post this as possible short setup but with a obbligatory condition so the break out of that range with the sell at his retest. So we should observe the price action first cause we are still in an uptrend and price could break up to reach again the TOP of resistence at 89,00 AREA....
we all are stalking this pair for a good point to take the reverse of price for going long. on this pair technical is pretty simple. we could go long now or wait for more conflunce if this weekly candle close above the TL.
gbpcad we have this long downtrend in the last 4 months and this take stop now with this double bottom, we exspect to feel the major descending TL and after if it reject price going short again with the broke of the previous support.
i'm following this pair from the TOP, now about two months of this beatiful clear downtrend. Here we can work with two simple trendline that condunct and reject price down. After this pullback we should see price print a new LL. i have set a possible target going to weekly timeframe and looking to a multimonths support. ( This is my pair that i follow since the...