Here we see a price cap off close to 12500! It dropped as I believe was a correction to the market bullishness. The yellow zone is where the resistance is on the daily time frame and it matches up nicely with the Fib levels I'm confident in taking trades in. Price had also shoot through 11500 and looks to be retesting it! Grey box is were I woud look for longs.
Key levesl: 40, 40.20, 40.50, 40.80 Key sub levels: 39.20, 39.50, 39.20 (dont quote me on this one lol)
I see price is bearish and now wants to retest previous lows that were broken. It can retest and shoot lower or break upward above that candle.
Last USDJYP setup I posted was stopped out however I used a lower price leg and it matches up with the 79% on the fib
Here we see gold coming in range for a sell. The boxed zone is where I would personally take a sell. Price has broke 1920 but falls short to break 1950 Last time price was above 1950 was Septemeber 21st! Don't see gold making large moves to untested highs until after the election possibly.
We can see a potiental push to the upside once price enters that fib zone I've boxed out. Key levels 104.500, 104.800 & 105.000 *Dont mind those trend lines I was playing around with them lol*
Looking at Price Action I can see that Gold is near 1900 a big figure number! Price will either draw to 1920 or drop to 1880. We see a swing low and see it sitting around that 50% Fib retracement level. Could see a move to the down side in my opinion.
I didnt publish this before the move but I marked it up before it happened!
XAU broke a high and tested the 50% Fib level but I think will return down and get close to the OTE for another chance to get in long! Let's see what next week brings.
Looking to see if BTCUSD will return to the retractment levels 50-79%! If so I would consider a buy.
We see a new recent high on the 15M by breaking down the 1H. We see price break that 41.13 level with a swing high so we throw a Fib up. We do not take any trades unless it comes near or into that 50%-79% Zone!
The price looks like it broke that 40-ish level and will return down to the 50%-79% FIB level! That purple zone is where I would take a buy! Price could also reach higher high and then fall back into the OTE pattern! We just have to wait and see what will happen now that we have context from the 1H
Hello traders! I see that EU in an uptrend and will be looking for positions to get back in trend with the market makers! I see a bullish order block and would take this trade! If it fails it okay because that what a sl is for!
Hey Traders! Looking at USOIL I see price is coming back to a support zone and bullish order block! Could see price spike down or slowly enter that zone for the long.
Hello traders! I'm looking to see XAU go long once it reaches that zone I marked up. If the USD dollar remains strong for a couple more days or whenever it decides to come down, we can see Gold push lower into the Bullish Order Block. Will be cross-referencing the DXY price If the XAU price reaches my buy zone. I want the DXY to be showing weakness when XAU...