Gotta be patient for the break to the upside, to break key level resistance for the smooth ride !
The break to the downside or upside after the ranging market, I'm looking for the upside because of retest of structure
Back with another one, Lets see I believe 30 have to retest an area where it was ranging at for quite some time, as you can see I highlight the ranging area in the white box, also the market is making upward momentum back to its retest area so I would look for buys till the market goes against my bias
This week I can see gold ranging in the 1785- 1815 area, near the weekly support pushing it way back to the upside but first we would like to see upward momentum and downward structure being broke
As you can tell that dirty 30 is dropping like crazy, but to get a better entries you have to be patient and wait for it to retest major structure before breaking to the downside, or if don't breakout from the downtrend movement look for smaller move to the downside cause Inflation going to keep pushing that 30 to the floor
XAUUSD the overall trend is bouncing in a ranging area, right now its showing strong momentum to the uptrend, going backing to its Overall Ranging resistance on a (4hr) timeframe or higher / Like they always say the trend is your friend and you always want to take the high probability set-ups $$$
BTC is a downtrend Only look for good opportunities to sell, so I would wait for the retest of my area and go to a lower time frame to enter of bearish momentum (1hr or less) BTC almost touch that weekly support where it took off in DEC 2020 and the market always have to retest area it never took of at no matter how long it takes
I'm patiently waiting for price to hit my key support level then I would go long you can also wait for extra candlestick patterns or a bullish momentum 3/1 risk ratio this is my analysis take this at your own risk
EURGBP is in a downtrend, but it has to retest my area then keep dropping before it drop hard 3/1 risk reward take this with your own precautions
with my analysis doge is at it main support zone and does not want to break, but after it break its structure and retest I would look for a entry, long term back till a higher high
I am waiting for the Market to come to me at my main support level and it also respect my trend line (following the trend) this is my analysis so take it with precautions
DOGE to the moon!!! as you know doge is in a long term up trend, also it does not want to break the support zone, so it did a breakout and retest we just looking for another entry from the breakout of the flag this is my analysis take it with precaution
Overall EURAUD is in a downward trend therefore we just trading with the trend, as you can see the market keep making higher lows and lower lows and its respecting your trend line so I found my opportunity to get into the market, 3:1 risk ratio take this analysis with precaution
USDJPY on the daily shows multiple rejections and it broke out of the ranging market to the downside, also on the daily time frame you can see a head and shoulder pattern to the downside this is my analysis take it with precaution 8:1 risk ratio
I posted a GBPUSD not to long ago and took partials, now I see another opportunity a break and retest be have to be Patient and wait till the market gives you something 3:1 risk ratio this is my Analysis take it with precaution
Im Patiently wait for the breakout and retest area, I know its overall long term trend and I'm just trading with the trend 2:1 risk ratio 1hr timeframe this is my trade analysis take it with precaution
GBPUSD it at my strong support (green) zone and it touches it multiple times and you can see bullish candlestick on the support zone 3:1 risk ratio this is my analysis take it with precaution
Nas100 is in a ranging market and price is just bouncing around so I'm waiting for to touch my support area, Nas100 is in a long term uptrend and the trend is your friend, so once it hit my area I feel more comfortable trading at this spot 3:1 risk ratio also you can see multiple wicks at my S&R area so you know price is trap right now( ranging market) this is my...