1. Rsi is above the 50 mark meaning bull pressure 2. Stochastic Oscillator is pointed up out of the oversold level 3. Heiken Ashi candles changed from red to green. 4. The Trend is still a uptrend This is a signal to buy
I'm buying at a important fib area and I have 2 take profits. The 2nd to will be a attempt to go all the way to the top.
I believe the current area is a support area and price will immediately move up from here. The 4 Hour Chart printed a double bottom pattern. I'm buying expecting price to move to 400
This was a great idea!!! I hope you followed. Keep holding!!! . We are getting near tp1
I expect price to go lower.. Then I expected a big move up. This is weekly and daily support. I'm not looking to enter right now and I will probably use a buy stop order to enter.
In my opinion , Gold is a major Sell. I see price at a point of resistance and I believe that it will continue to fall all week. I'm holding in profit. I believe that Vixen's new stimulus plan will be seen as good for the dollar , but they never do anything to help the people!
As you can see from the chart... Price moved down to the 61.8 Fib Retracement Area of that last move up. Price is also above and sitting at the 20 Day Ema (Not Shown on the chart which is acting as Dynamic Support) The 10 Ema is above the 20 Ema The Current price area is definitely a area of support. You can see from the line chart that price has changed...
I believe 1.43000 is support. I believe price will now move up. I have a few open positions. My Final TP is 1.50000
Oil found resistance at 85. Oil Moved down from 85. Then oil has made a lower lower high at the 61.8 retracement level. I suspect oil will continue down from this level.
I believe price is going to move up now. The chart pattern I'm trading is a inverse head and shoulders
A major buy to 1.51000 Price retested this support area on hour 4. A great time to buy and hold is now
Gold is in a downtrend channel. It is at the top of the channel and kinda made a small fake breakout (looks like this to me) I will sell now to the monthly support area on my chart.
I was stopped out on this sell idea. Price printed a double top on hour 4 and I did trade it small, but i used a tight stop loss. In a way.... i guess that was a good thing. Im looking to sell this again and I have not entered the sell yet, but im looking to enter it soon. This is a downtrend and im expecting a new low here. This is why im looking to sell.
Well if you have been following me on this one... Im trying to hold to 145.000.... Im in profit and a move up happened.... Im still holding the sell..... and I believe that price will continue to fall. It may not fall until london, may move up all night and fall during new york.... but the long term direction in my opinion is still down because of the chart...
I posted this idea last week and it seems frozen!!! Im trading small and im being patient waiting for a move to happen. Why am I posting a buy idea here? Because it seems that price has found support at 1.04000 and has been hanging above this area for a while now. So this is still a valid trade idea!
This can go down from here and has not moved much at all since i posted this idea. This is why patience is required in trading. Im still holding my trade and im hoping that it will move down soon. I posted this sell idea because price made a higher low in the downtrend and now im expecting a lower low.
This is a update I posted to Eur/Chf.. See previous analysis for the final tp im trying to get to in my trade plan. If you followed this yesterday, it really moved nicely until now. If you did not trade it, you already missed the move if your trading the 1hr and 4hr chart. You have not missed the move if your trading the daily chart but you need to enter on...
To 145.000 see link to related ideas! Hour 4 printed a double top reversal pattern so its probably time for more selling.