Overall GOLD is positive, but like everything else in this world, corrections do take place, either cyclical or due to market forces. The stochastic is positive, and we are overbought clearly. the GANN angle is steep, and there is chance to see a test of support @ 1,935 again. Strategy SELL @ 1,975-1,990 and take profit @ 1,938. SL @ 2,012 for now.
The pair as usual is aggressive either way, however, it does follow ranges (it respects it). Now we have tried upside above 19.1000 and we have moved lower thereafter. It is shadowing now GOLD price, and based on that and negative stochastic, we are back into SELL mode. Strategy SELL @ 18.9800-19,0575 and take profit @ 18.6350. SL place this above 19.1150 for now.
Risk: 1% • Liquidity: No • Structure: Down • Temporality: 30 • Type: Sell limit • Stop loss: -1%, break even, take profit (3%) • Stop loss: -1%, break even, 3%, 4.5, take profit (6%)
We notice that we are in a correction to the upside, and there is an increase in the buying momentum, and we wait for the selling momentum to weaken in the correction, and we buy, and there is a divergence
completed its retracement and ready to move for 815-820 levels in short term and 900 levels from short to mid term. # Good results posted
ready to move for 272 in short term & upto 290 levels short to mid term.
For the minute, we notice that we are in an upward correction and there is an increase in buying momentum. We wait until the selling momentum weakens in the correction and we buy and there is divergence.
gold currently trading around 1950 level . for proper reversal it need to close h4 candle below 1940 is must .. otherwise 1990 is loading .. good luck stay connected for amazing setups
This is a mixture of Wyckoff and ICT ,so bare with me. We are at the end of the phase cycle. We would technically be in PHASE E, which would be where the market trades outside the TR ( trading range) . Now the market is consolidating as a retest to the top of the TR. It will either hold it or retrace back to 50% of the TR which would also be at an Discounted Area...
Hello dear traders . Good days. CRVUSDT get support for 2nd time from weekly Gann Square Fan trend line and is about try attack important Gann Arc resistance which 2 time failed . It will move upward after broken arc resistance to test next Gann fan trend line which will be @ the end of OCT-2023 . Good luck and safe trades. Thanks for your support and comments.
audusd selling opportunity , lets see how the market react around this zone its 70% accuirate for shorting opportunity
This asset is in a downtrend and has reached an important area where we could see a downward reaction. If we continue to rise here, a second order would have to be placed higher to compensate.
First it is going to pump and break resistance then going for correction deeply So trade on your own plan Nfa
We have an update view on GOLD in smaller timeframe, if we look at house price behaved in last two days it explains that price have done pulled back enough and now there is sellers exhaustion. In this, scenario price is expected to continue the bullish momentum from current market price. However, if price does drop further then there is likelihood of price...
BREAKING DOWN GU MY SECOND BABE , let\s us check together what gu is doing on HT all the way to the lower time frame till we get the entry
GU Potential Scenario. As we have been very strong on the selling side before we tap into this strong demand level we could see one more short opportunity here with a fixed 1:3RR down to the demand. Our entry will also be testing Asia lows and a key reversing point for GU.
Observation of SPX macro view momentum. For educational purposes only, not financial advise. Cheers...