Gold to move and retest resistance at $2400. A long trade suggestion on chart.
Diamond patter Continutaion of the Uptrend Confirmed on breakout at 500
he price has finally hit the daily resistance DR1 and that triggers my short trade idea from there. I think the price will pullback here towards low timeframe support LTFS1. Therefore LTFS1 is the target of this short trade. Lets see where it goes from here. Let me know what you think in the comments.
price still ranging, thou we now know where to follow. shot
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Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Recently price entered to rising channel, where it at once bounced from support level and fell to support line of channel. Then Euro at once bounced up to support area, some time traded there, and soon broke $1.0725 level again. Next, price rose to resistance...
So I'm back in my demo account on trading. Took a 8 month break do to life challenges, and having some tough losses. In this analysis I seen where price was going to take out the liquidity above. Their was an institutional candle/imbalance in the market where I placed my position. It played out well for a nice 90 pips
ARE YOU WATCHING THIS? #SILVER above 28$ on years close is a massive breakout
--- This pattern is a Grade A --- Decided to relook the strategy and redo the strategy validation by run a manual backtest from 15 March to 18 April where the regime changes from bullish to a bearish range on the D1 chart. I am aware that once the regime changes and need to revert back to the original Long strategy New Observation The pull backs still happen...
COMEX:GC1! “Persistence can change failure into extraordinary achievement.” -Matt Biondi I believe that we are going to be able to catch a nice HIGH PROBABLE SHORT here on GOLD very soon...Being that price is currently trading inside of this Daily Supply and even clearer the Mitigated 4Hr SUPPLY ZONE!! I'm going to wait patiently for PA to continue to develop...
We're looking at the USOIL market and our analysis shows signs of a short-term downtrend. Here's why: COT Reports: The latest Commitment of Traders (COT) reports reveal that the behavior of participants labeled as "Commercials" is most characteristic of a bear market. CFD Market Positioning: Oil traders in the CFD market are shifting their positions, with most...
Gold failed to break through 2400 yesterday and fell back after a surge. The daily closing line has not really been able to stand firmly above 2400, indicating that there are still many resistances above 2400 and the rebound continues to sell. If gold does not break a new high on the daily line, it is now a B-wave rebound. If gold cannot continue to rise, then...
Considering that this commodity has a strong resistance zone (2400 - 2420) and it has failed to break it, it means that the bears are dominant. I am anticipating that the price will continue to form the falling flag pattern so that the bulls may finally gain momentum and break the resistance. Target Profit - 2280, Stop Loss - 2390, Trade Entry - 2375 Risk-Reward...
Shorting gold from weak high and premium zone, last trade break even.
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Observe the daily on log mode. Notice the two prior fractals that show the same thing happening. Massive last minute accumulation occurring as I type this. We are headed to 90k - 120k over this summer. Next leg up. Not financial advice.
Hi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊 A few moments ago price entered to falling channel, where it first reached resistance line and then continued to fall. In channel, XRP broke $0.5360 level, which coincided with resistance area and declined until to support area. After this, price made strong...
Looking at gold targeting the highs - if the entry happens before NY session, needs to have enough time to run. Pushed out of a 4hr fvg, making a new 1hr fvg higher. SMT with dollar.