REFER TO CHART HAVE 2 LEVELS MARKED AS 4HR/DAILY LEVELS AND DECEMBER LOW IF PRICE RETRACES TO 1.19450ISH GOOD CHANCE OF BOUNCING BACK TO 1.22000
Price has returned back to our Jan Demand Zone. Last time price was within these levels, we saw a huge rally to the upside for hundreds of pips. Lets see what the bulls have in store for us!
Sell Trade Continuation from earlier this week. Last week we saw huge impulsive move to the upside, followed by the same move on the drop. Was able to catch 185 pips in 3 days, exited trade. Looking to see if I can catch another entry for a small intraday trade.
Gold has obviously been grabbing liquidity all week and making people believe it is time to sell. Not yet buddy. Looking for a good re entry around this zone level. Yesterday was able to catch almost 100 pips and got out. Gold has also been moving 100s of pips this week in both directions which is an indication that there is indecision but more importantly...
REFER TO CHART TPS SET AT RED LINES
Overall trend is hella bullish of course. We are looking for a counter trend trade on this pair right now. We have approached a level that hasn't been broken yet and it looks like a potential Double Top on the HTF. LTF is showing us all the dojo rejecting from this area.
Got stopped out yesterday looking for buys. Hella manipulation I got stuck in. Price is a nice zone where we rallied for 300+ pips a couple weeks ago. Looking to see if the market is going to have another cycle like that this week & see if we can capitalize! HTF looks like potential W pattern is forming!
Refer to chart. Just truly to understand.
So Sunday Market Open we saw price gap up a couple hundreds pips to the upside. Came back down & retraced back toward market open price around 1660ish and made another bullish rally until 1690 or so. Gold seems to not be slowly down so keeping up with the trend. InTrAdAy Trade: Only entering this trade if my floor remains unbroken and holds as support level....
I missed this trade however have actually have it marked since I had my USDCAD marked. I am in a UCAD sell for 2 weeks as OIL tends to be an inverse correlation. I got stopped out originally and never followed the trade to enter. Price is HELLA bullish and don't see it slowing down yet. I am more importantly waiting to see how price will react in the blue...
AUDUSD LONG POTENTIAL 50-75 PIPS Respecting Weekly Support/Demand Zone 2nd Bounce off Zone, 1st last week Looking for potential technical boost toward upside or potential fundamentals will push higher with AUD employment numbers later
GBPNZD SELLS POTENTIAL 100-250 PIPS CHART IS PRETTY MUCH SELF EXPLANATORY
GBPAUD SELLS POTENTIAL 100-150 PIPS PRICE FAILED TO BREAK ABOVE MOST RECENT HIGH PRICE HAS 3RD TOUCH OFF OUR 4HR TRENDLINE PRICE HAS BROKEN OUT OF OUR "BEARISH TRIANGLE" PRICE PATTERN
WASSUP TRADERS, #FOREXFARGO CHECKING BACK IN! NOT THE BEST WITH THE BITCOIN ANALYSIS BUT HERE WE GO... BITCOIN ANALYSIS. Confluences: -Reject/Bounce off Daily Descending TL -Bounce off May Support Level -4HR potential Doji -2hr potential Spinning Bottom -1hr shows multiple rejections at 7175ish BUY STOP @ 7200.00 SL @ 7165 (-35 PIPS) TP1 @ 7385 TP2 @...
Wassup Traders, #ForexFargo checking in! Analysis on #XRPUSD. Confluences: -Potential Double Bottom within Demand zone on Weekly & Daily -Potential Rejection/Bounce off Daily Descending TL -4hr shows potential doji candle closure or hammer -1HR shows Hammer candle formation -No candle closure below 0.23000 BUYXRPUSD @ MARKET EXECUTION BUY STOP XRPUSD @...
Wassup Forex Community, #ForexFargo checking back in! Dropping yet another DETAILED BANGING ANALYSIS. Please refer to the chart and look at the multiple confluences.
WASSUP YALL, #FOREXFARGO CHECKING BACK IN! PLEASE REFER TO CHART. NICE SIMPLE PLAIN AND CLEAN ANALYSIS. LET ME KNOW HOW IT PLAYS OUT!!!
Looking For Gold Shorts around 1520 area. "There must be buyers, in order for there to be sellers"... so with that in mind, I am factoring in the fact that Gold dropped 300 pips yesterday. AS OF TODAY, Gold had seen price wick down toward 1500 before USD News release came out today before making a small rally. Tomorrow, we will have more News release however...