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DeGRAM | EURUSD growth after consolidation The price last week tested the support level, which is the lower border of the price channel. It bounced off it and at the moment is trading above the local support level formed from the low on March 9th. Consolidation above this level suggests further growth as the price is in the buy zone. The target is the resistance formed by the price stopping at the beginning of December. ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
Long
by DeGRAM
16
DeGRAM | GBPUSD growth after consolidationThe currency pair is trading at the trending support level. After a false breakout of the level, the instrument returned to the buy zone and at the moment it rolls back to the support for a possible fixation of the price for further movement. I expect a slight consolidation in the 1.3847 zone and an increase with the trend to the tops of 1.4239 ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
Long
by DeGRAM
16
DeGRAM | AUDUSD breakout level?After exiting accumulation, the instrument did not return and, after fixing below the border, updated the local low. Having worked out the level of 0.741, it is not going to go up, but turns around to retest the level. According to statistics, levels are most often broken through on retests, so I expect a breakout and a decline to support 0.7335 ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
Short
by DeGRAM
13
DeGRAM | EURUSD Level testingThe instrument has practically worked out the support, the moments when it does not reach the level and turns around should not be traded, most often it is a cheat from the market maker, it will collect the necessary position and turn around to test the level. I am waiting for a support test with a further rollback if the rollback is more than 30% movement, you can ponder and look for prerequisites confirming the change of the local trend to an upward one. ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
Long
by DeGRAM
18
XAU USD Potential LONG zone (read comments for in depth details)Hey Guys, looking at gold's most recent price action on the daily TF, we can see we have accumulated almost at the same level of a previous re-accumulation. in fact, in the current accumulation's spring, we cleared the lows of the previous re-accumulation zone. which is very interesting and nice to see. so now that price has accumulated, and made it clear that it took the lows and broke structure upward, we can now look for zones of interest to go long. Now for my zone of interest id like to play of the daily IC, and would like to see a smaller TF accumulation as we enter the zone of interest, if i dont get that accumulation in the zone of interest then i wont be going long. Here's some screen shots in the comments to show a bit more detail.
OANDA:XAUUSDLong
by Hammoud8721
4