HS1! Scenario - Short Short from Resistant 1 Target 1 = 50% of range Target 2 = 26680 Extended target = Support 1 Support 2 = critical support Scenario - Long Would prefer to long at support zone Target 1 = 50% of range
OANDA:DE30EUR Price had been in a range. Would prefer to stay away at the moment. Resistant2 = 13497 - 13830 Resistant1 = 13222 - 13300 Support1 = 13019 - 13057 Support2 = 12684 - 12720
OANDA:NAS100USD Nasdaq broke previous ATH 12467 and established a new ATH of 12542 The same story goes: price advanced on very low volume . . . if you have eyes to see Resistant 1 = 12542 - 12494 Resistant2 = 12590 Resistant3 = 12655 Support1 = 12317 - 12350 Support2 = 12095 - 12127 Support3 = 11785 - 11812
OANDA:XAUUSD Scenario Planning - LONG Long if break Resistant 1 Long Target 1 = 1879 Long Extended target = 1900 Long if green channel holds Long target 1 = resistant zone Watch 1829 - 1833 to see if price bounces from there Scenario Planning - SHORT Short if price moves to Resistant 1 and got rejected Short target 1832 Long Extended target =...
OANDA:DE30EUR Resistant2 = 13497 - 13830 Resistant1 = 13222 - 13300 Support1 = 13019 - 13057 Support2 = 12684 - 12720 Look left to Sep 2020, price is now approaching a resistance area. Caution: If volume remains low, look out for possible reversal.
OANDA:NAS100USD Resistant2 = 12333 - 12467 Resistant1 = 12053 - 12129 Support1 = 11507 - 11579 Extremely low volume observed. Let's see when market resumes on Monday.
OANDA:XAUUSD Price finally broke down and closed at 1787 Price areas that may be tested are: 1807 - 1813 1737 - 1748 POC: 1714 - 1720
HS1! Bar 1 Price tried to break out of the resistance zone before meeting rejection to higher prices, closing in the lower region of the bar. The breakout is not convincing Bar 2 Another breakout attempt, but made a lower high than bar 1. There is some demand as price close slightly above middle of the bar. Reason for caution is that although the top of the...
OANDA:XAUUSD Trade what you see, not what you feel/think
HS1! Divergence in uptrend and volume noted