FosuaForson

FosuaForson

Head and shoulders formation Price has been on a stead uptrend for a while and is in need of a retracement . Looking at potential 61.8 as profit zone

FosuaForson

As per the 4 examples above and the yellow circles, you can clearly see via this Gold example the importance of strict. The market likes t move in cycles and always likes to retest zones where it has been before. Sometimes we get the impression that price has to revisit the immediate previous high or low. but that is not always the case. price meets structure...

FosuaForson

Price is bouncing at at a strong previous support level at 89.6 and is now testing daily resistance level at 90.0 if price breaks trough this section, we can potentially see a reversal in the market and start to see new highs. Alternatively price might hold and this section and continue its downtrend. price has tested 89.6 respectively 3 times. which suggest...

FosuaForson

waiting for price to give a clear sense of direction. Analysis leans bullish due to weekly engulfing candle, however bulls and bears are still struggling with a doji straight after. Price is also coming off a strong support at 1690, which would further indicate bulls takeover. However price has also been on a steady decline, so still keep a look at 1785.9 as a...

FosuaForson

Long term view on Silver leans on bullish. Price is bouncing of the 23.00 zone which has been previously used as strong support and resistance, (currently now acting as support). Daily time frame shows price also respecting the 38.2 retracement level. And 4H also shows potential inverse head and shoulders formation.

FosuaForson

ascending triangle formation from 38.2 fib level looking for momentum upwards.

FosuaForson

looking for a clean retracement from push off support zone to enter

FosuaForson

Price has reached 61.8 retracement and has a bullish daily candle on support level.Looking for movement to the upside

FosuaForson

potential upside opportunity. waiting for close of 4h candle for confirmation

FosuaForson

Looking for further push to the upside. Bullish engulfing on Daily, Pullback onto 61.8

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FosuaForson

Price as various confluences currently trending upwards looking for closes on 4h to enter bullish

FosuaForson

Looking for downward continuation. Price has hit fib level 3 times. Looking as a strong hold

FosuaForson

Predicting a breakout and a continuation in price from this region weekly and monthly showing strong support

FosuaForson

Waiting for price to breakthrough region of resistance. Then potentially rally to 0.8000

FosuaForson

Price is at a strong level of support. 4H head and shoulder from Friday did not come into fruition. Could potentially see price go up from this level however if price breaks 1.608 then we could see price to continue is rally downside.