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Hello Traders! Its Monday now in Indonesia and of course the market is freshly opened today! as soon as i open my PC and saw this, well there is only one way i know that this beautiful gold will go. Soar high to the North!
Here in XAUUSD timeframe H4 we could see a potential bullish trend will arise, with a low and higher low already created, big potential 1426...
INKP is forming ABCD pattern and the momentum (stochastic) is showing a hidden bullish divergence. With swing low is forming right now, it is a high probability that INKP will continue to rise to 11500, or at least to 10000
You can buy at 8750 - 9000
Stop Loss 8000
TP 1: 10500
TP 2: 11500
Let the profits be with you
Trading Academy ID
Whats up fellow Traders!
Here i got my favourite setup happens in this currency pair as shown in the picture above. ABCD bullish pattern supported with bullish divergence at a rejection from Fibonacci Golden Ratio 61.8%. What could i ask for more signs than this right?
So here we going long on this currency pair, and targeting for this pair to rocket until its...
From the technical perspective, clearly GJ already made a swing low right now which indicates a higher low. supported by rejection from fibonacci 61.8% a.k.a the Golden Ratio, make it clear for me where this currency pair will go. In the other hands, using stochastic oscillator as an indicators which i mostly used to see where the divergence areas are, we could...
Gold is making an ascending broadening wedge pattern and a bearish divergence is forming on the stochastic. Price will move bearish. But right now it is retracing to 61.8 upwards then it will fall hard! Prepare to sell at 1337 - 1338 area.