angela_altair

angela_altair

Well well well...we have a 4h candle close above the range high. As mentioned in the previous post, this had a high probabbility which materialized. Now this definitely adds some energy to the upside movement. Price is still inside the weekly resistance zone and today the weekly candle is going to close. The price has to rally another 1000 dollar to close above...

angela_altair

Once again the range mid was touched and price bounced from there. The probability for the price to test the range high is higher now.

angela_altair

Inverse H&S pattern developed here. The price might shoot up another 30% from here. The same pattern can be observed on several other stocks. Of course if price falls below 166, this idea will be invalidated. However, looking at the structure of the overall market, it seems likely that the price will keep rising higher in the coming days at least and this target...

angela_altair

Inverse H&S pattern developed here. The price might shoot up another 48% from here to 72.85 level. The same pattern can be observed on several other stocks. Of course if price falls below 35.50, this idea will be invalidated. However, looking at the structure of the overall market, it seems likely that the price will keep rising higher in the coming days at...

angela_altair Updated 

The current 30 mins candle (UTC 21:30 to 22:00) has a higher probability of being a green candle than a red candle.

angela_altair

The current 4hcandle (UTC 18:00 to 22:00) has a higher probability of being a green candle than a red candle.

angela_altair Updated 

Price touched the 4h timeframe range high and weekly resistance and for the time being pushed back down.

angela_altair

Once XAUUSD crosses this level and closes above this level, very high probability the price goes further higher.

angela_altair Updated 

The current 4h(UTC 12:00 to 16:00) candle has a higher probability of being a red one than a green one.

angela_altair Updated 

XAUUSD is touching 4h timeframe support here. However, this support has been tested several times. The vulnerability of this support is quite high.

angela_altair

The current support level on 4h timeframe and the price has bounced from there. The next level its going to reach is 1937 with a higher probability before deciding further course.

angela_altair

The current 30m (UTC 11:30 to 12:00) candle has a higher probability of being a green one than a red one.

angela_altair

XAGUSD is currently trading in a range on 4h timeframe. This range is caused by the immediate resistance sitting on the range high which is also a weekly resistance. Currently the price seems to favor a pullback to its closest support of 22.16 which is also a weekly support.

angela_altair Updated 

The next 4h candle for XAUUSD has a higher probility of being a green one than a red one.

angela_altair

The price is currently consolidating under weekly resistance. A breakout was attempted yesterday but failed to materialize and price could not cross the resistance zone and fell under the resistance zone again.