Let's wait gold to reach around 1250$. We can expect little/or bigger retracment!
As we can see we do have channel on D1/H4. And now we are waiting comformation of bounce of support bottom. There is also chance that we wont get bounce to the upsite also! Major trend is bearish so better safe then sorry. Better to enter little bit more late then to fast. Pro traders are patient, amature are not ;)!!! Normal entry (H1) - Simply wait 123 (=...
So simple case that you almost can not believe it! Best regards A.i
Everything on chart :) I follow the rule less is more! Safe and secure entry would be waiting price breakdown trendline + EMA 12 but you might me little to late So i would suggest here little more agressive entry, drawing trendline accurate on H4 and wait that price reach around EMA 200 (please check your charts) and after price BREAKDOWN TRENDLINE + EMA 12...
Everything explained on chart :) We have more possibility for short then long. Keep it simple!
Everything is on the chart! Keep it simple :)
The fact that NZD/USD has reached major Support line on weekly + EMA 200 (on tradingview EMA is much higher i dont know why? on two other platforms is EMA 200 supporting weekly NZD/USD here it shows like break, check on your charts). Scenarios: 1. Here we can get agressive bearish 123 and retest of structure, it may be powerfull if it break that support ;) So...
Please check weekly chart if you want to be more sure. Everything is on the chart! Feel free to comment :) Academy Investment A.i
My honest opinion is that one of the major mistakes globaly is that traders counter trend immidiately once price hits PRZ. Even with DT or DB you need some sort of comformation, at least break of DT/DB and wait for price to retrace back to the V bottom of DT structure or A top of DB. I found out that the best way to get comformation that trade has really changed...
We already got major trend change for NZD/JPY but we are only waiting for good entry!! We may not reach previous structure for entry but we will have to entry earlier after breakdown of retracment up to EMA 36. Using heikin ashi candles helps us that so after breakdown of retracment i will short it defnitely. Resons for trend change are already written on the...
Eur/usd is finaly at the bottom of the triangle on the major major support line : - EMA 200 - Major support trendline - Psyhcological price 1.25000 (which was only touched and reversed immidiately) I explained everything other on chart. Please comment if you have any ideas :) Best regards
We will see in 20 mins if this is valid double top or not.!!!! SL = 1ATR TP1 = retest of structure TP2 = retest of 2nd structure Entry : Double top RSI Divergance MAJOR MAJOR structure on daily Hanging man
Reasons for entry: FE AB 127.2 Harmonic move FI CB 127 - 141 Daily strong structure, PRZ WAITING FOR DOUBLE BOTTOM, RSI OS (MAYBE DIVERGANCE) SL : Below structure TP : 38.2 of impulse leg (structure aswell)
Reasons for entry : - Harmonic move - AB FE 161.8 - ABCD : FR AB 38.2 -> FI CB 224 = perfect abcd ratio - Daily structure SL: - Below structure, if price makes new structure low the setup will be invaild so it is very good risk reward TP: - On previous structure which is FR 38.2 of impulse leg
Everything is on chart. Feel free to comment!
Reasons for entry : - Harmonic move - FE 161.8 - Major structure Waiting for : -RSI OS (Maybe divergance) - DOUBLE BOTTOM!!! (i will wait only for double bottom because of such a strong bearish movement) SL : Below Daily structure TP: FR 38.2 of previous impulse leg Structure
Reasons for Entry : - Good structure - Harmonic move - We can expect RSI OS, maybe divergance - ALT AB 161.8 - Bullish bat TP: AD FR 38.2 SL : Below PRZ