WAJIDXAUUSDCHANNEL, Fibbo H1 indicating south but there is very much confusing situation in larger TFs. H4 candles are indicating south but Stoch is in full thrust with buy signal. D1 last candle is engulfing but there is a HnS situation also present. W1 have shown DB but the candles are still bearish. Monthly have taken the support from Sma44 and also tested...
Future of Gold range will be 1050-1450. This is the real price and face of Gold that is should be. Lets C when we are going to meet this new world. Then Gold will be traded as normal as other pairs. Ther will be less volatility. Less manipulation. At lest we will spend six years in this range. " But remember, there are going to be many ups and downs (Huge Zig Zag)...
Fibbo H1 indicating north for the whole week but unable to catch any ground. All indicators and momentum has totally gone towards south. Now the price is just above 23.6% 1697.56 and trying to reach 38.2% 1702.97 where Sma44 is at 1704.66. I assume that if the price tests this level by the time Sma44 will be there so they will make a good resistance to enter as...
Fibbo H1 is indicating north but the indicators and momentum have totally turned towards south. As I have repeatedly mentioned that above 1753 we are bullish and under 1723 we are bearish. So I will look for a sell entry more and wait for the price to reach my target area. As tomorrow it didn't reach 1730 so I didn't took any trade. Now the price is at base and a...
Fibbo H1 indicating south and the price is already at the base of 100% 1720.32. Now it is going for a test at 61.8% 1729.93 where Sma44 is at 1730.98. For those who are in buy position should TP around it. Taking these two levels as resistance a MRS is located under this area. Breaking and crossing 1720.32% may lead to further decline towards 161.8% 1704.
Fibbo H1 indicating north but for instance price is under 50.0% 1739.57 and Sma44 (BB44 mid band) 1739.43. Taking both as strong resistance a MRS is located at 1737-38 with a tite stop loss at 1742 but TP is at very short distance of just 30 pips 38.2% 1735.03 and if momentum grows then second TP at 23.6% 1729.41. So as a MRB is at same point 23.6% 1729.41 and a...
Fibbo H1 indicating north and the momentum is bearish. So for the entry purpose wait for the price to get over 23.6% 1741.65 and enter as buy and on the other hand if the price decline then wait to cross and break 0.0% 1734.30 to enter as sell. between these two ranges do not attempt to enter as price can take any direction in between.
ALERT : IT IS FRIDAY AND JACKSON HOLE SYMPOSIUM CAUTION : REDUCE YOUR LOT SIZE TO HALF Fibbo H1 indicating south but the momentum is full bullish. Remember ? D1 closing above 1753 and we are bullish. If the first H1 candle body is same as prev. two then we have Three white soldiers crossing 23.6% 1760 making sure to test 1768. LRS is at 1778-83 MRS is at 1768-73...
Fibbo H1 indicating south and price is hovering around 23.6% 1747 and 38.2% 1744. Although yesterday a significant upward movement and a decline clarifies the range zone of 1723-53 for which I said above 1753 we are bullish and below 1723 we are bearish and if it closes in between we may be range trading for a while. So for the purpose of entry I will be looking...
Fibbo H1 is indicating north and the price is hovering around 23.6% 1735. There are three situations to keep in mind for Tuesday. (1) If the price gets resistance from 23.6% 1735 and starts a decline from the beginning then it might test 0.0% 1728 forming a double bottom situation. The activation will be breaking of 23.6% 1735 and completion at 61.8% 1748. (2)...
Buy 1746 SL 1743 TP 1749 1754 ..........1759...
Fibbo H1 is indicating north but all the indicators have turned south including recent data was also in favor of USD. DXY is also flying high. So all together directing the price to go furhter south. However for the sake of retracement there are two points where price can test the high of the day and they are at 23.6% 1761 and 38.2% 1765. These are the points of...
H1 Full King Bear H4 Pin Bar Bearish D1 Full King Bear W1 Full King Bear MN Pin Bar Bearish (Mid of the month) JUST HAVE A LOOK AT THE CANDLES. NO BUY NO SELL UN TILL AND UN LESS PRICE GETS TO 1753 OR 1773
USD Core Retail Sales m/m -0.1% 1.0% USD Retail Sales m/m 0.1% 1.0%DON'T YOU FEEL THEY WANT A GOOD GREEN REPORT?Last hope for Bulls is at 1771. Crossing and breaking it may lead to 1763 then more over if the news comes green then 1753
Fibbo H1 indicating north but price will test 1773 0.0% level to make a double bottom and move up to test 1793 61.8%, this is what candle formation is showing as H1 is forming Bear flag. Now for the sake of entry purpose it is better to wait for 1768-73 for buy and 1788-93 for sell.
Fibbo H1 indicates south and at the time I am writing this price is already @2 down but it doesn't means to get into sell instantly. There is a HRS under 1798 2.36% keeping this level on resistance. A good buy position is located at 1793 50.0% level may call it MRB.
Fibbo H1 indicates north and the momentum is still bullish in H1 and H4. In addition price is also located just above 23.6%. All of these conditions bench marks to find a buy entry. However H1 Sma44 1791 and 38.2% 1793 are still above the price 1789 so taking an entry above 1793 is much favored. If the price rejected from these levels then buying from 0.0% 1783...
Fibbo H1 indicating south but it doesn't mean that price has lost its bullish momentum therefore it is more likely to find a buying location rather to go for a sell position. There is a good place for a buy around 1785 50% and 1788 38.2% where BB44 mid band is at 1786. Do not take chance to sell now as price may take support from 23.6 % at 1793.