ON WEEKLY SPINNING TOP HAS FORMED , on daily long legged dojis have been engulfed by the red , bear in mind end of the week slows momentum , but is it a coincidence that is it right at a strong resistance level , ALWAYS LOOK LEFT , LOOK LEFT!!! if price was to break below my support line at the opening of the markets and sustained a downward motion by tuesday or...
check youd weekly and check your daily , strong push to the upside, resistance only held up as it was just the end of the trading week , however this is a pair to watch for for the commencing week.
engulfing after hammer , common place of reversal , LOOK LEFT
price was below my all time zone and is climbing back into my descending channel , once back longterm we might be looking at buys. strong candles and buying momentum currently
been waiting for price to go beyond that resistance , check on 4hrs clean breakout has been achieved healthy bars throughout small wicks. good opportunity to buy , for longterm too
SELL , DPINNING TOP ON WEEKLY FOLLOWED BY ENGULFING OF THIS WEEK , sell further , after break of that support
weekly engulfing candle long opportunity on breakout sceptical ? , disagree? why ?
Breakout of ascending channel ? considering that it is the end of the week , we might not achieve this straight away , however the push to the resistance is imminent.
Watch for breakout , triple bottom ish on 4hr and double bottom on 1day
Good buying position after breakout. if you look at weekly , last week a spinning top was created , usually spinning tops pave way for price reversal inverse head and shoulders on 4hrs breaking out of trend.. going back to weekly , this week we are seeing green positive indication for buying until preferred t.p
breakout of triangle to the upside supportline stayed strong
pair climbed high breaking the highest res zone , forming a new zone, however price is dropping , DOUBLE TOP POTENTIAL, after break of neckline and price pushing below , zone low , strong sell must be anticipated.
how safe is this spot to enter ? is it likely to lose momentum and reverse or will it complete the run to the other zone. to have profited one would have entered at the zone at the bottom and after the consolidation on the resistance line. 2 opportunities for a longterm trade. candle sizes remain consistent and healthy , next week continuation or not????? feedback
often when a spinning top or depending on how you perceive if a, long legged doji occurs nears a key level or a trend line often reversals occur , could this be a reversal? or is it just a continuation candle for a downtrend , dependant on gold's performance , when falling the price drop seemed aggressive with large candles thought and feedback welcome
Pair has manages to set new highs,gone beyond zones i previously had making them resistance , however is the run exhausted and reversal occurring at this point or just retracement before rally continuation open for speculation
Similar setup to CHF cross , breakout and retest of resistance in the lowest keyzone questionable keyzones?? comment give an opinion give opinion on overall analysis
Price had previously been in downtrend for a long time , past the lowest price zone , Price is pulling back into zone and resistance line. BREAKOUT occurring ???? anytime soon , what can we consider ? Brexit ?. (feedback ,thoughts or criticism welcome) comment about your keyzones please interact
2 morning star formations one at the bottom of support zone and 1 on the (top of support zone where price has previously reversed, previously lowest prices from monthly time frame & weekly , also is on daily!! ""consider"" resistance line has held strong all times. breakout might not be achieved easily.