Goldenzone
These algos!I hope you can see what’s happening and these algos targets are in play and new are created as price action unfloda. More lower frame will come even 10-3 mins
Bull Boy BotFib levels from these swings and their target. Lower frame coming up next. I will also post bear boy bot next. Always be aware of the guy against you unless you’re a savage and do both.
Gold --Long or Short?-- 1Hprice didn't break neckline of head and shoulder pattern and just made a fakeout.
so by looking at price action it's bullish right now
but i don't think that here is good place to go long on gold because : price is still downtrending in higher TFs and i'm only waiting for sell signals on gold until price breaks downtrend trendline and closes above it.
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Always use risk management!
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I'll be glad to know your opinion in the comments.
This is just a bit of financial advice, do your own research too.
GOLD - price approaches the leve 7 times alreadyIf there is an accumulation above the level.
we can see a breakdown.
The price approaches the level 7 times already.
if the price goes above the level of 1874. cancel the breakdown.
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GOLD (XAUUSD) - Bullish Week AheadUsing Fibonacci Retracement as my key indicator, you can see Gold has respected 23.6 level since the major bearish move last week. From also using the Stochastic indicator, you can we are current sat at 50. I would like to see price retrace slightly to the 23.6 level before making a Bullish move to the Golden Zone.
With a 1.66 Risk to Reward, a promising set up, lets hope gold can recover some of last weeks losses.
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BTC Triple Support Confirmation!Hello Community!
Before we begin please support my idea with a thumbs up and a comment. It'll be greatly appreciated and will motivate me to post a little more!
Lets keep it simple.
When taking a look at BTC/USDT we see it has corrected and has found a temporary support. As we take a look at the 1 hr candle we clearly see it bouncing off of the 55 EMA, Golden Zone in the Fibinnaci retracement tool and top of channel which was previously broken. It can easily make a double top at it's previous high and retrace for a higher low before attempting to break higher. It can also get rejected and fall down to the next major support around 11.8 k within a couple weeks. With today's election anything can happen. Let's see how everything plays out.
This is not Financial advice.
Safe Trading Calculate Your Risk/Reward & Collect!
Simplicity Win
DAX with major confluenceThe market is currently at a strong area of resistance which closed with a shooting start candlestick formation and has tested the area multiple times in the past 24 hours which is a good indication that the market could possibly turn around. The MACD shows along with the ADX and DI show that the bullish trend has weakened coupled with it being on a 61.8% Fibonacci retracement level. These three tools create confluence, a good entry would be a break of the trend line and a retest of the 61,8 fib.
My first PublishingPrice had formed an H4 double top at a monthly resistance and dropped all the way to monthly support (now resistance) which it broke and retested and dropped again. The market then went into consolidation which it broke out of when the the Chair of Supervisory Board of the ECB (European Central Bank ), Andrea Enria, spoke. Now price is at my 32.8% fib level and i'm expecting further rise all the way to the golden zone (50%-61.8% Fibonacci retracement level) ,further supported by the MACD , which also happens to be the neckline of the double top .
Eurusd shortIf you take a look at EU on the smaller time frames you will notice a head and shoulders pattern that is playing out quite well. Right now the head and shoulders pattern looks to be retesting the neckline as the markets came to a close. On our higher time frames you’ll notice the daily candle has broken the low of the previous candle. On top of all that its at a retest level as well as a 61.8 fib level that so far is being respected. I believe if the next daily candle rides down to break the current 1D candle we should see a huge sell off.
Supply Zone Rejection After a huge daily candle rejection of the fresh Supply Zone, my bias on EG is bearish, I aim at price heading to the 61.8 Golden Zone or the Demand Zone. Kindly and follow. Cheers
USDJPY - Possible golden zone rejection Hello everyone!
I will keep it compact as always:
1. Broken trendline
2. Wait for chart to reject the golden zone
3. Go to a smaller timframe and look for a trendline or/and resistance
4. Find a good entrypoint with a thight stop loss
5. WHEN IN PROFIT TRAILING STOP IT!
I hope you like it!
GBPUSD 4H SHORTGBP/USD May fall 90 -150 pips
Insight - Price is still following the downwards trend line with support now at 1.2202 and resistance at 1.2395. A double top appears to be forming at support, following the downwards trend line on the 15m timeframe, which could indicate further downside.
Intraday - Short
Trade: Buy
Buy or Above: 1.2202
Target TP: 1.2395 & 1.2514
Pivot and Support 1.2202
Trade: Sell
Sell or Below 1.2202
Target TP: 1.2104 & 1.2014
GBPUSD 4HR LONGGBP/USD May rise 100-150 pips
Insight -Price moving in a downwards trend, has broken previous support level with price now
below the 23% on the fib, may hit lower support at 1.2763, then test resistance at 1.2847 and go
long then reverse once price is at the golden zone.
Intraday - Buy
Trade: Buy
Buy or Above: 1.2763
Target TP: 1.2847 & 1.2915
Pivot and Support 1.2763
Trade: Sell
Sell or Below 1.2763
Target TP: 1.2738 & 1.2722
USDCAD 4H BUY SIGNAL. Trade in progressUSDCAD breaking above weekly trendline and retesting consolidation area. Main reason for trade: Fibonacci Golden Zone on the retrace, looking at bullish continuation to the upside.
Platinum Platinum broke out of the descending channel as indicated by the bullish divergence on the 4h on the MACD
price got stopped at the 0.382 level , next stop upwards form here and once we pass this resistance is the first stop in the golden zone at the 0.5 Fib level as indicated on the chart .
