This stratagy was created by the wolf of forex this uses advanced mapping for gold and works with the proxy charts. this uses previous price action to trade current markets and future markets. gold will be heading to 2600 in the coming months and then dropping to the yearly open. analysis done on a 2 hour time frame to find future gaps.
2 possible situations that can take place we are currently in a uptrend. the red bar pattern is a guideline for a break of trend to the downside to the 70% on the fib retracement. the green bar pattern is a guide to the upside and for it to continue the uptrend to retest at the 100% level on the fib retracement. support zones are at 70% and at 50% for swing...
good day trader this is my analysis of nas100 for this week. We look to be heading into a bearish market for the first week and first quarter of the year. my target for January is 15865 as that retests the low of the uptrend.2nd confirmation is that the market has broken the trendline. My bar pattern will not be an exact guide to how the markets will move,...
price had a good buy break out on us30 on a daily timeframe. price looks to be going till 35700 to retest the downtrend high, as well to cover the proxy gaps at 34391, 34936 and 35227. The high needs to be Tested at 35690 for the resistance zone. if zone does break we will be heading towards 38000 to create a new all time high