Price formed a double top at weekly resistance, looking at the daily timeframe price closed and rejected daily 1.08950 so there is high probability to see price drop at this level. I will be looking to sell at current price as an aggressive entry and setting my stop loss above Friday's high. trade type: swing/intra-day
Price closed above on the daily time frame with a doji candlestick at a demand zone I will anticipate buying Nasdaq as long as price maintains above this level of significance Bias: bullish
Price on the daily TF closed above 32995 level with a huge bull candle I will wait for price to pull back and see if it holds as support, to then look to go long
price broke out of this 4hr range which provides good trade opportunities, I'm anticipating a pull back into this grey zone. If price maintains as resistance I will look to sell US30 back down to another level
Price has rejected this 2009 zone for the past 2 days, so the the overall momentum is bullish. A break of this orange intra-day level will confirm buys
price is in a consolidation or a range, there is no real bias currently price is trading under a level of supply or major resistance I'll look to go short as long as price maintains under this grey zone i will only look for buys if only price breaks out of this range
Description: >Price on the daily time frame closed above 1833 and rejecting 1833 for the past 3 days >I will remain long biased as long as price maintains above 1833 >The best area to look to buy would be 1833 zone and target 1844 intra-day level >but if price happens to instead break 1844 simply wait for a retest and target 1855
1.Gold has rejected 1785 for the past 2 weeks on the weekly timeframe 2.As long as price maintains above 1785 then i'm contemplating on going long, a pull back to 1785 would be a great opportunity to go long and target 1797 and 1807 price levels. 3.I"ll change my bais of long if prices breaks and closes under 1785
For me to want to take a long position on gold, I'd like to see a pull back into previous resistance 1665 and reject this zone. Or if price breaks above 1680, I'd wait for a pull back into this level then look to go long and target 1696. Always have an "if and then" thought process, for example if price does this then i'm going to do this
Starting from the weekly timeframe as we enter a new week, price made a weekly rejection of 32940 and we could see a sell off. Moving down to the daily timeframe price rejected 32409, this a rejection candlestick because at some point in time buyers held price above this zone but then sellers took over and made price closed below 32409. Which you could look into a...
Looking at US30 on the daily timeframe, price rejected and closed below previous support being 32869, if price maintains below this zone, there's a high chance for price to go back down to previous resistance 32460. And candlestick pattern- evening star is forming . Higher time frames such as weekly and daily are more reliable in terms of direction than lower timeframes.
Gold has pulled back to previous Lower Low support being 61.80% on my fib retracement. And price has started rejecting, using previous support as newly formed resistance. As long as price maintains under 1663 , then I'll look to short gold TP 1: 1647, TP 2: 1640, overall TP: 1627
Audjpy is ready to go long, it's similar to GbpJpy with two daily rejection candlesticks, and there is a inverese head and shoulders on the 1h timeframe. This is more of a high probability setup for me personally, use proper risk and a great risk to reward.
Looking at the daily time frame, price has rejected resistance and has formed support for the past 2 days. I'm waiting for an entry signal on the 1h timeframe and hopefully buy price, my targets being 164.760 and more.
I'm still biased on shorts on gold, for as long as price maintains below 1682. You could wait for a candlestick bearish variation on the 4hr and below (bearish hammer, doji, engulfing) and then go short TP: 1658.000
Looking at the Daily timeframe, price has pulled back to a level of supply or previous resistance. We can anticipate a newly formed higher low and buy price until 98.400 flat, especially how the daily candle closed. It would be safe to wait until the close of the daily candle for Monday and then determine to go long.
If the daily candlestick closes above the demand zone, I'll be looking for potential buys in lower timeframes (1h - 15m). If the daily candlestick closes below previous structure I'll look for potential sells. Don't predict the market but flow with it instead, be led by it. Overall, market is still bullish until break of structure.
GBPJPY broke out of the bearish trend and is creating higher highs and higher lows. the chances of GBPJPY continuing to rise to higher price levels is high. Price is maintaining above 165.000, I'm looking to go long