NasBaz

NasBaz

As youve probably seen by now, bitcoin has followed wyckoffs distribution almost perfectly, and with that said, we should expect PHASE E to play out, a mark down, which would lead us all the way to $20-24k. From there id like to see price consolidate/accumulate for a 1 or 2 weeks before we get a push to the upside.

NasBaz

Potential order block entry at demand zone

NasBaz

Nice wyckoff accumulaition phase, entry off 5 minute order block

NasBaz

Risk it for a biscuit

NasBaz

SO.... were approaching the edge of our year strong channel, where gold will face critical resistance. I personally see gold rejecting off in the next few week, but eventually breaking through, as any idea of US exceptionalism fades away, and the dollar continues to fall. Gold to $2000 by the end of the year???

NasBaz

Expect continued growth in gold today as dollar continues to weaken after shocking NFP outcome. Simple entry of zone of short term support. have placed buy limits a bit lower than zone to anticipate a stop sweep. nice risk:reward. 300 pip potential

NasBaz Updated 

Today we had a very sharp drop to the downside indicating some weakness in gold price, which could be due to a much higher than expected NFP consensus. I have highlighted a very nice zone of resistance which lines up with 50% todays imbalance, where i will look to enter if price reaches our level. Wait for wick rejections and be generous with stoplosses. Check...

NasBaz Updated 

Simple Break + Retest with entry at an imbalance on the lower time frames. Also biased towards short term upside for gold as the dollar continues to weaken. I like to be generous with stop losses when trading gold, but can be reduced

NasBaz

Nice rejection of short term resistance, expectecting GN to go lower as commodities get stronger

NasBaz Updated 

Price has approached a HTF supply zone, and with a weak dollar, i expect continued growth of commodity pairs like AUD. zoom in on the lower time frames for precise entries

NasBaz Updated 

Trendline + support rejection + 71% tap

NasBaz

Will be looking to enter if price reaches our zone. Confluence: Support + 61.8% fib + Trendline

NasBaz

🚀🚀🚀

NasBaz

Will look to buy gold if price shows rejection around the highlighted support

NasBaz Updated 

Simple Break + Retest

NasBaz

Rejection around resistance turned support. Nice rr

NasBaz

Looking to short the euro, however i am anticipating a sweep of the double top formation we had a few weeks ago. Keep your eyes on high impact news today ( Mainly Europe President Speech at 3pm GMT & the Fed Speeches this afternoon). We could be seeing some wild price movements. Will enter around the imbalance zone highlighted. dont be scared to re-enter if price...

NasBaz Updated 

Gold looks to continue moving to the upside, but expect price to fall slightly on monday and maybe tuesday. If price does reach our desired zone, ill wait for sign of rejection on the 15 min chart in the form of wicks, and enter using buy limits. Optimal time to trade gold is around new york open ( i mostly place gold trades between 11:00-13:00 UK time). Nice 1:5...