Olajireolapoju

Olajireolapoju

Dear Traders, Gold is generally still bullish and I am expecting either of these two scenarios in the next wee as there's clearly a breakout here. Trade carefully and apply proper risk management to your trade.

Olajireolapoju

Dear Traders, Juts in case you don't understand Market Structure and Price Action.. You may want to pause a little and study my chart. I am of very strong opinion that this pair is preparing to make another All-Time-High (ATH) to around 162. However, I see a buy opportunity from around 156-158 area and this call for sellers to exercise a great deal of caution...

Olajireolapoju

Whatever you do as a trader, always identify the market structure, pay attention to price action, that is what price is doing and not what you think price is going to do. Then go to lower timeframe to look for pattern, simply execute, apply proper risk management and simply execute your trade and work away from you computer to allow your trade run.

Olajireolapoju

I see Gold still bullish but to 1947 in the first instance.

Olajireolapoju

I am still holding the last part of my NFP trades after taking satisfactory partial profits. I am of the opinion that the price will get to the upper breaker block but would be very patient to see a clear bearish signal before selling whilst keeping an eye on the red zone which is the next immediate bearish order block on the daily. Trade carefully.

Olajireolapoju Updated 

I am looking to hold the balance of my NFP trade set up to 1857.

Olajireolapoju Updated 

Dear Traders. If you are not in a secured Buy Trade... It is not advisable to enter a trade now as there are no Bullish signals yet after we achieved TP 1. Let's now see if Gold will reverse from the Fair Value Gap or retest the 1-hr Order Block. a Bodily closure below 1915 invalidates Bullish Bias for now I 1 hr and it means we have to wait to see the lowest low...

Olajireolapoju Updated 

I am personally in this trade already. There is a high probability that this is Gold's next move.

Olajireolapoju

Dear traders, If you have been following the idea, you would realize that Gold had done precisely what we are expecting breaking 1892. 1881, 1869,1851 but yet to get to 1833. Now is the time for me to remain neutral haven see the momentum towards the downside in the last few days as I see the possibility of this metal retesting the breaker block or even the...

Olajireolapoju Updated 

Dear Trader Still keeping an eye on Gold's daily chart and looking at it from another perspective. This metal to me is now at a make-or-break zone a daily closure below the yellow zone will mean a sell continuation from me and would be looking to sell from 1909. A daily closure above 1905 may confirm a bullish retracement/reversal to the 1947 - 1953 zone.

Olajireolapoju

I see a sell opportunity here from between the 164-164.5 zone. I will be patient to see what happens next week. Regards

Olajireolapoju

Dear Trader,s After closing my sell trades and came up with a 4-hour plan and closed when I realised I may not be correct. I went back to the daily chart and this is what I found. The daily chart is already showing some signs of getting to my initial TP on the sell trade that I closed. Now, if the buyers are really serious about taking over these bearish moves...

Olajireolapoju Updated 

Dear Traders, I got into a sell trade at 1900 before the daily close yesterday but wasn't too convinced as I realized I did not take cognizance of the Relative Equal Lows (REL) around the same zone in 4HR so I closed my trades in Tiny Profits and went to sleep so I can come back to my chart in the morning and this is what I see. I can see a possible retracement...

Olajireolapoju

Gold is now at a very critical zone in 4H. Once this orange zone breaks, then we can confirm downward continuation.

Olajireolapoju

US 30 is still very bearish for now as I can see some key level liquidity below the current market price. Looking to do a short buy at the $33,600 zone and potentially swing at the $32,570 zone.

Olajireolapoju

GU is now flexing with another order block. I may be looking for some bullish price action here.

Olajireolapoju

Dear Traders, If you understand price action and market structure combined with Smart money Concept, then this chart would be self explanatory. Looking to sell EURUSD from the bearish order block. Will come back to review this before NY session. Trade carefully and be patient

Olajireolapoju

Dear Traders, I am currently still bearish on Gold until i see a convincing bodily close above 1953 on the daily, then i may want to look for Bullish order block or fair value gap to buy from using combining it with some bullish candle stick patterns. Just in case you are trading Gold Blindly... I am just showing you where liquidity is resting below and above...