pcnafi

pcnafi Updated 

Gold is messy now and I'm biased to the upside if it gives a buy setup around 2315 - 2310. The structure looks perfect for me for one more upside to break the 2352 minimum. then break down to the liquidity level. Also, you should know the major weight for gold is to down side, risk wisely, and this up wave we are trying to trade is a possible correction wave to...

pcnafi Updated 

Am looking for a sell setup on the current market structure. Fundamentals might be the opposite and the market can shoot upside am not ignoring that part but I don't trade that way, I'll avoid any buy setups and focus on sells. This down wave might break the bullish trend and move a little far and this is based on technical wave analysis and market structure....

pcnafi Updated 

The market is in the middle and making a new structure, so- I'll focus on the level 2195-2200 and see the reaction for the next trade. If the market reacts at 2195 and moves slowly to the downside, then we can expect one more push up to 2240 If the market reacts 0n 2195 and gives a good sell strategy and impulse down wave in the beginning then we can expect...

pcnafi Updated 

gold kept pushing up and we got new ATH. Is this gonna be the new ATH? I don't think so, i can see a 5-wave possibility inside this last up wave, and wave 3 is always crazy as we know and we are in the 4th in wave IMO. I've marked the period that the market might take before pushing up this can be an ending structure. so is tradable? the answer is No but some of...

pcnafi Updated 

It is good to look for a sell setup towards 2130 and below as long as gold doesn't break ATH the structure is almost ready to drop, we were aiming for the market trend line liquidity where almost all retail traders were focusing on, we took advantage of that as always market wins, trade with care

pcnafi Updated 

I was expecting Gold to give a major reversal but the recent reactions and behavior are not supporting the market to give a big fall what's next? am looking sell setup here to break the price 2150 minimum. We have a possible structure where the market can fall and rise back. Only looking sell if the market stays below 2180, If the market breaks this level we can...

pcnafi Updated 

As we expected market gave us good trades to the upside from 1985 and we are above 2100. I'm biased to the downside on Gold from now on. Each high can be the potential last high and am ignoring all buy setups and gonna focus on sell setups only. Am expecting the market to reverse from above 2125 and to move downside to 2075 minimum and we can expect a reaction ...

pcnafi Updated 

am looking at buys and almost all levels are marked on the chart this up wave can extend more up also check reactions at each level and maintain the buys exit trade if this wave becomes a corrective wave that will make gold fall FOREXCOM:XAUUSD if it corrects above 2035 then its good to hold buys till 2045+ As always market wins, trade with care

pcnafi

Am looking at long-term sells on all JPY pairs and as per the wave analysis and market structure every new high can be a potential last high and good to look for a sell setup to break the minimum last low Market structure Market Framework Psychology Wave Analysis Market Participants' Behavior Always wait for your setup AS always market wins, trade...

pcnafi Updated 

The direction is based on pure technical here. The market is in a possible corrective structure in higher TF for more downside and this down wave of this structure got more down as long as it's below 152.016, even if the market breaks the previous high it will come back down also it will change the levels Levels: 136.688 132.688 There's a chance to break...

pcnafi Updated 

am expecting gold to push up till 2035-40, and will be looking for a Sell setup there Levels 2035-40 2018 TVC:DXY The levels are based on Fibonacci and direction is based on the waves and mass psychology of the current market condition. If the market is above 2035 and gives us a sell setup it will be good to grab it before FOMC, always follow good...

pcnafi Updated 

We are in good levels on gold after the drop in yesterday's news. I do not use any fundamental data in my analysis, everything is plotted on the chart, so we trade what we see. so let's see what we can expect next for gold. psychologically majority will be looking for sells, we were already seeing these levels once we were in 2065, so these levels are not...

pcnafi Updated 

am expecting gold to move down for the upcoming news based on the wave analysis and market structure the levels am watching: 2033, 2005 the market is lil messy than expected, might take lil more time before it breaks down to 2k. looking for sell setups for news

pcnafi Updated 

gold touched 2060 and it's a complete structure to down to 2k. it will be good to look sell setups in the zone. levels to watch: 2041, 2036, 2030 trade with care

pcnafi Updated 

As you can see am looking only for sell above 2040, I'll ignore buy setups from now on. levels am watching: 2015, 2000 Reason: 5 waves completed and grabbed liquidity and touched 40 above

pcnafi Updated 

gold did some moves and it was nothing surprising. refer the chart for what am expecting with levels and look for setups for sells and buys at each level

pcnafi Updated 

looks like gold built a lot of liquidity while moving up to 2045, and we targeted 2045 as a liquidity zone on the last gold chart. As we see MM refused to move the market above 2050 they might be planning for a drop. As per my structure and wave analysis, this is ready to fall. we can see a lot of liquidity on this last up wave. I'll be looking for a sell setup...

pcnafi Updated 

gold gooks like changing the trend to the upside based on waves, it it maintain after the last low of this week we will be moving up above 2040 level.