Market was ranging a bit but it broke out to the upside, the bulls are very strong on GOLD. Waiting for a pullback into 0.382 at SnR zone and the channel will serve as a good confluence. 2360 serves as a good round for the bulls to take their orders from
Market been overbought for a while now and we are getting the correction that it needs. Market is making a pull back which we might see market bounce and continue its bullishness from the SnR zone and fib retracement level.
From last week idea shared, market as been moving slowly towards our area of confluence which is a good thing since price action wise correction should be slow. The demand zone and fib retracement level is a good area to look for a buy, thats after seeing a bullish confirmation
After market formed inverse head and shoulder on weekly and daily then broke it, market as been breaking structure to the upside which solidifies the uptrend move. market is pulling back into an SnR zone in confluence with fib 50% level and trendline touch. Market can break through this level which will open up the next SnR zone, this will mean market wants to...
The trend of the market as been established to be uptrend since market as been breaking structure to the upside. market is pulling back into demand level that was formed and a small break and retest that occurred in the past which also serves as as SnR zone. This is also in confluence with fib level. WAIT FOR BULLISH CANDLESTICK PARTTERN BEFORE GOING LONG
price pulled back into demand zone that was created after a break and retest sometime in March which now concise with SnR zone in this same area. market pulled back to 0.382 fib level which there is additional confluence of channel. Also there is RSI divergence which signify there might be a bullish move soon. WAIT FOR A BULLISH CANDLESTICK PATTERN BEFORE...
Market transitions from uptrend after we see counter trendline break and break of structure to the downside. the head and shoulder that was broke didnt get a proper retest and now we are seeing a proper retest of it. all this is in confluence with SnR zone and a channel, all this forms a good confluence. 1.64 is a good point for sellers to push the market. If...
Market as been in an uptrend with break of structures to the upside. A pullback into 0.382 fib level in confluence with demand and third touch of a trendline. 1.745 serves as a good point for buyers to place theirs orders to go long. If this level fails then the weekly demand level should hold
since we couldnt get push to the downside and we are now seeing market breaking structure to the upside this shows that the bulls are likely back to take control. the daily demand should be able to push the market back up since we would have a nice pullback and also there is a round number there which is where the big boys like to take their orders from. Incase...
the USD pairs as been choppy with no clear direction, but now we can be sure which direction to trade. after the previous impulse move we got the necessary correction, now price got to 0.382 fib level which was in confluence with a resistance zone and also using a channel you will see that price respected it. we cant just trade off it without confirming which...
price as been bullish for some time then it made a pull back into a SnR zone in which price got rejected with bullish engulfing on monthly and morning star on weekly. price formed a falling wedge on daily and it as broken to the upside so we will wait for a pull back then wait for a bullish signal to go long
price as been bullish for 2 year now but towards the end of last year price pulled back in a channel to 0.236 fib on weekly time frame on daily price price formed a falling wedge in which price broke out of it to touch the upper part of the channel. on 4hr we will wait for a pull into our SnR zone and probably touch the trendline before going long
price as been bullish for some time. on weekly price formed and equal top before then made a pullback to 0.236 at a trendline touch which price formed bullish engulfing candle and as been bullish since then. now coming down to 4hr price as been forming series of HH & HL. we will wait for pull back before entering for a long trade
price turned at the touch of a trendline and resistance on monthly, forming a evening star on weekly. on daily price broke a counter trendline now we will wait for a pullback to the SnR zone that was broken
on monthly priced turned at the third touch of a trendline and a resistance forming a bearish engulfing candle on monthly and inverted hammer on weekly. coming down to daily and 4hr price broke a counter trendline also breaking structure to the downside now we will wait for a pull back before entering a trade
we will use this index to determine our trade on the dollar crosses. after the bullish move from last year july in which price broke structure to the upside price then make a pullback to 0.236 fib at a key support, price formed a hanging man then price as been bullish since then breaking counter trendline on daily. on 4hr price consolidate for some time then the...
price is very much bullish on monthly although a double top was formed but it doesnt seems like it will hold even with that we only react not predict the market. coming down to 4hr cause is not much on daily and weekly, price is slowly moving up breaking a counter trendline in the process. we will for pullback before looking an entry. you can use 2hr or lower for...
from my previous analysis, price is bearish on daily on daily and 4hr. price is at 0.5 fib level at a resistance, would have been nice if we got a touch on the trendline too but we cant predict what will happen but only react to it, there is a small double top on 2hr which add to our confluence. if we can get a 4hr bearish engulfing candle then we can us that as a...