#GOLDTime limit reached;
We have a divergence if we do not have a field;
Support is against the price specified;
candel has made a very good return,
CFD
GOLD/USD Is Looking BullishGold/USD is moving inside the ascending triangle Pattern and held above the current up trendline in weekly chart.
Recently it hit an upper line of the resistance. If the price action do retrace, I assume the current up trendline or fibonacci line would be a good bounce in price action and buy opportunity.
Indicators:
Macd line cross over with signal line for bullish signal for gold/usd. Histogram for buyer is also continue to building up.
DMI+ is above DMI- which current trend is bullish.DMX is still relatively weak (below 25).
please take this idea as a grain of salt as reality always differ from what i expect as this post merely just an opinion.
and please feel free to share what your thought on comment section.
peace.
dax - pullback sur triangle ascendant cassure haussière du triangle ascendant
en attente d’un pullback sur la précédente résistance vers 12 120
le marché est en configuration acheteuse :
le scénario le plus probable est donc une continuation de la tendance haussière
il faut surveiller de possibles opportunités acheteuses !
Gold/USD updateOn the weekly chart.. Price action is all above the Moving averages.
From DMI also look bullish, DMI+ spikes up above DMI- indicate a bullish trend. Keep in mind that DMX is still below 25 which is very low momentum strength for now.
it also possible it would broke the short term trendline within the symmetrical triangle and retest the yellow trendline below.
see the price value for the expected support also resistance.
DMI
As long the price action above the trend line extending yellow line. i think it will doing just fine.
this chart invalidated once it broke the yellow trendline or prolonged sideway
Peace.,
Intraday triangle Got in the breakout of the intraday triangle. The market is around the important support on D chart ~2650. Attempted to catch some significant correction up. Correction happened but not as big as I expected, should've just aimed for 1:3 R/R. My stop loss was under local lows of the triangle and the profit target is around the low on November 16.
(posted post factum)
WHEAT vs usd , Long Term perspective on the triangle : Up TrenDWHEAT vs usd , Long Term perspective on the triangle : Up TrenD
CORNusd CFd ; Long Term Perspective on the up Trend :Third EyeCORNusd CFd ; Long Term Perspective on the up Trend :Third Eye
SUGARus , long term perspective on the UP Trend : third EyeSUGARus , long term perspective on the UP Trend : third Eye
Corn/USD Bounce UpLooks bullish.. looking forward a retracement into +- 4 $ or emas line after it's challenging the resistance at $ 4.28
Indicator looks bullish, volume is rising rapidly.
DMI : +DMI is rising and -DMI is dropping hard creating a huge range between them, bullish also DMX is rising too.. bullish momentum is increasing
Macd : buy histogram is higher than the previous high.. bullish sign so far.
Volume MA is rising
Silver OutlookLooking bearish since 2016 as the price made a higher low until now.
i expect a heavy resistance at 15.177 ( 200 SMA and the down trendline since 2016).
Support around 14.268 ( recent low and been a support from a past time)
peace,,,
Gold Gold has completed the retest of the broken descending trendline, bouncing off the 50% fibonacci retracement triggering the long orders
S&P 500 Pulling Back after Tariffs | $USD $SPX500After Trump announced more tariffs on China we can see that the S&P 500 has propped down quite strongly, hitting a solid support at 2860. We can also see that the drop was caused buy a very solid multiple to rejection.
Is this pullback a setup to Blow past our double top or will it continue to consolidate in it's current zones?
BrentCrude Oil. Turning up now. Note: If you like trends, you'll like oil. When oil trends, there is no limit. It can trend for a VERY long time.
Trading Criteria:
Regardless which way you want to trade, look for minimum five 4hr. candles in consolidation zones (yellow border boxes), or five daily candles for solid yellow boxes. If you're a pattern trader or pinbar trader, this might be useful here.
Wait for a significant breakout of the 4hr. consolidation or daily consolidation from red border boxes to take the trade. Red border boxes are the High/Low of a consolidation period inside the consolidation zone. I usually aim for 80% of the weekly ATR (or monthly ATR for yellow solid boxes) taking profit but not always at the next yellow box. I place my stop loss above/below red border box.
*These zones, with the inclusion of price action described above, have remarkable accuracy.
Yellow border box: weekly consolidation zone
Yellow solid box: monthly consolidation zone
Red border box: High/Low breakout box (5 minimum candles)
Down?Price has stalled and we may be seeing a H&S. Multiple rejections before 65.00 could be a sign to take a dive. Price would need to break 66.00 with conviction to signal a bullish continuation.
Up?So the best way to trade a new pair is just to jump into it with reasonable risk. Price is dropping but let's see what happens over the next few days. Should price show rejection, it'd be a good idea to go long.
USOIL SHORT TARGETS.Been trading the USOIL price drops in shorter timeframes yesterday and today (1h.) banking 10 and 20 pip moves,
so I got my confirmation and I am beginning to open long put positions. Price targets for futures traders to serve as entry points (NOT option strikes prices, diff. strategy there :) are at 59,57,55, and a big monthly one at $51 (this is the one I'm aiming with my puts. Options pay with volatility, so even if it doesn't get down there, closing the gap fast enough will be a great reward for an options trader).
Good luck to all of you trading out there!
Down?Price has shown to go down drastically so I'm thinking there's probably resistance at 2900. Maybe it'll go above maybe not, who knows.
S & P day trade ideasWill be looking at the same levels I have posted for yesterday as shown on chart in the ES they are adjusted up plus 4 aprox. I do not need to be anymore accurate than that, I play areas not specific numbers, even though they works out most of the time
