Since price is not breaking the 200 EMA, looking for price to continue bullish and hit the D highs from 9/26/24.
Classic Break And Retest Strategy Looking for price to return to the previous daily high around 1.30089, break into that area =, then return to the current highs around 1.32662 for TP. **This is for educational purposes only and should not be considered financial advice because I am not a financial advisor.**
Price has bounced bullish off a weekly bullish channel with a morning star. Looking for price to break previous daily highs around 19,996.6 for the continuation to the upside. BUT, price is hovering very strongly around a Yearly -27 FIB level from 1/1/18-1/1/21. SO, price could very well be making a daily head and shoulders to continue bearish down to previous...
Looking for price to retest the Daily consolidation zone and then continue down to the -27 W FIB around .0058470. **This is for educational purposes only and this is not financial advice because I am not a financial advisor.**
Price has been bullish majority of 2024. Posted my initial buy idea in "GER30 W BUY IDEA 2/2/24" post. Looking for the Daily to have a correction before continuing bullish. **This is for educational purposes only and this is not financial advice because I am not a financial advisor.**
Sell Reversal Looing for Gold to come back and break Aprils Low at around 2228.59 & the 50% FIB area of the current W bullish swing at around 2202.35. If these areas are broken, I would look for a H&S (Head and Shoulders) to form for a bearish continuation/reversal of the current trend. TP1 around 1931.77 current swing low | TP2: around 1810.50 swing low | TP3...
There is a chance that price could continue bullish from here, BUT I can NOT ignore the fact that there is a weekly head and shoulder possibly printing. Which will send price bearish for quite a bit. On top of that, price has not really broken this area of price since 2021. This is a key level of price for EU. There has been 4 bearish engulfing candles in this...
Price has finally broken a W CONSOLIDATION ZONE that started on 12/4/23. Looking for price to retest the consolidation zone + the mid point of the bullish M channel and then continue bullish.
Price has returned to the daily highs from 4/26/24. Looking for bullish continuation to at least around 104.945 which is a previous weekly high. **This is for educational purposes only and this is not financial advice because I am not a financial advisor.**
Price has broken the trendline and has now retested on the other side with a hammer forming as the market closed. Looking for price to continue bullish into next week. Keep in mind that price could very well break below the trendline again to form a M with the double top that is possibly forming as well. BUT I'm leaning more towards the buy because of price...
Looking for GC/Gold to continue higher from here to at least the previous 1H Highs **This is for educational purposes only and this is not financial advice because I am not a financial advisor.**
Daily bearish trendline has broken and is now being retesting, so I am now looking at buys. There's been a bullish impulse with a bearish correction (pullback) happening now. If price follows suit there should be a bullish continuation happening soon pushing price bullish. This will have EMCers looking for entries Thursday or Friday to take price up to around...
Overall price is still bearish on the monthly and weekly, EU appears to be making a run to go bullish for a bit. Price has currently broken the Daily High from 4/8/24 BUT is bumping against a bearish weekly trendline. The Daily has made a nice impulse and is more than likely finishing up a correction to go into a bullish continuation. Price is a good 88 pips from...
Looking for price to return to the previous 1H high around 2335 for a retest and possible bullish continuation. This area is also around the 61.8-71.8 FIB levels. **This is for educational purposes only and this is not financial advice because I am not a financial advisor.**
I previously posted an idea "XU W Sell Reversal OR Sell to Buy Idea 5/4/24". Price did not sell and immediately continued bullish. Looking for price to still head to the -27% FIB area around 2555.32 for final TP from the previous trade idea. Currently in a buy with TP actually set for the -27%, while looking for another pullback on the daily to get another...
Looking for NAS to pull back no farther than the somewhere around 18168.8 (Mid-Point of the weekly consolidation + monthly bullish channel mid-point) and then continue bullish to the top of the weekly bullish channel that price is currently in around 19044 **This is for educational purposes only and this is not financial advice because I am not a financial advisor.**
Since price didn't close above the mid-point of the consolidation zone & an 8H inverted hammer formed at market close, I am looking for price to run bearish at market open and then continue back bullish at some point. Personally I'm not looking for full sells OR actual bearish structure until around 17476 where the current lows in price are at. **This is for...
The Daily (D) time frame has made an inverted hammer off the top of the Weekly (W) consolidation zone. On top of that price is wicking off the .786 FIB levels from a minor W FIB from 1/14/24. Looking for price to push back down to a minimum the mid point of the W consolidation zone that started 1/29/24.