yann2zen

yann2zen Updated 

Well, this is pretty obvious. The mighty dollar has broken out of this flag and the Fibo shows the potential targets.

yann2zen Updated 

Simple rule for me: Trade what you see, not what you want the market to do. And right now, I see the price at the lower boundary of an ascending channel, which is a good buy setup in my opinion.

yann2zen Updated 

I don't trade the ES but this channel has been holding since the beginning of the year. Right now could be a good time to enter a position.

yann2zen Updated 

For me, until price breaks below the yellow line shown here, I will look to buy the dip. Price is still within the ascending channel. Also after falling from the diagonal (shown as well) price has bounced twice from the yellow line.

yann2zen Updated 

Just based on my overall bias on the DXY, I think the Euro is staging a possible bullish move, And just on a chart pattern perspective, This looks like a bullish pennant. Let's see how it goes.

yann2zen Updated 

That's my bias...just based on this pattern. I am definitely bearish on the USD. Let's see how this unfolds.

yann2zen Updated 

Just a simple pattern according to what I see. Trend, correction in a form of a triangle then the trend should resume.

yann2zen Updated 

As far as my charts go, I have never seen gold trade for more that 6 or 7 weeks above the 2000 level before dropping below. However this time around, bulls seem to have kept gold above 2000 for longer, even after a brief drop below, the price quickly came back up. This only shows me one thing: Bulls wanna go higher.

yann2zen Updated 

watching the next few hours before getting in, but this seems like something I've seen before...

yann2zen Updated 

This to me seems bullish and even a potential buy setup with low risk. Is it buy, buy, buy or wait?

yann2zen

I would watch this very closely to take a nice swing trade with very low risk and very high reward.

yann2zen Updated 

Gold is in a clear uptrend and for the next weeks, any deep retracement or correction should find buyers, especially at previous resistance levels.

yann2zen Updated 

If you are bullish, this could be worth looking at. I still think the dollar will drop sometime soon...

yann2zen

This pattern usually indicates the end of a trend and the beginning of a new one. It's worth keeping an eye on as it offers a good trade opportunity.

yann2zen Updated 

Clear as day in my opinion. Dig in on lower timeframes to time your entries. This could be huge.

yann2zen Updated 

Given the fact that gold dropped out of the triangle which lasted a couple of weeks,(broke that 2015-2016 level) I expected a strong follow up or strong move down from sellers. What I see here is bulls trying to gain control and move the price higher. Now price is back at the same 2015 level in an impulsive manner. The next days coming will surely be interesting....

yann2zen

Bulls are on the driving seat with this formation here which offers a great opportunity for new entries. Let's keep an eye on this.

yann2zen Updated 

I previously posted a different bias to what I am posting now as I changed my bias. The market seems to have taken the form of a familiar pattern which I think once broken, could lead to a massive jump.