H4 H1 H1 analysis after When your emotion over rules the strategy.
Daily TF 19/7 Price has moved significantly away from the uptrend structure blue trendline which in theory, there will be a pullback to retest the trendline OR IF break the trendline, price could move the opposite side. Current long term bias is to look into buying when price retraces back and making a new LH. UNTIL proven other wise. H4 TF Price made...
Long term weekly time frame outlook for gold. What do you see? Daily outlook. 15/7 A nice flag forming on the H4 TF after price push above the previous significant resistance back in 2012. Things are cooking up nicely still towards the upside...
6/7/2020 Weekly downtrend, price on daily making HH structure though within a small range. Looking like a uptrend channel forming (correction phase) after an impulsive movement prior (V shape). Within the Daily uptrend channel, price consolidating (correcting) on the current leg to the downside. Price broke out of that consolidation phase and tested the...
WHAT A YEAR IT IS! 2020 IS DEFINITELY NOT LIKE ANY OTHER YEAR IN HISTORY... NASDAQ declined 32% from its peak in a month only to climb back 58% all in the span of 3 months! By this stage, I'm sitting on my hands to see what the price will do.
16/5 Overall market still on a Daily uptrend. 1. Upstrend Channel H4 bias BUY with break and retest strategy at the lower trendline. 2. Caution: Price recently tested the Daily descending trendline the 3rd time & closed below previous high. 3. Until price violated the channel support trendline, looking for price to go further up. Setup for buy is still...
Sideway for DXY, BXY, EXY, SXY & CXY DXY Uptrend for AXY, JXY & ZXY All market in CORRECTION phase.... Trading in April saw how price moves up and down within range so it is difficult to hold. Until price moves out of the corrective phase, price still move within the range... Waiting for impulsive wave to happen now...
We got to record this down.... this has not happened ever... nothing about the year 2020 is normal anymore...
HERE WE GO! Will it finally break out of the weekly triangle? OR reject and went back down. Keep SGD or SELL SGD?
13/1/2020 - Price never went back to test Ascending channel resistance 3rd touch (yellow box). Instead price broken the channel support, retest and went down. Winrate: 2.3 Stop loss: 100 Take profit: 247
12/12 Buy stop did not trigger, not sure why but this would have been a loss trade via buy stop since did not wait for candle confirmation.