Metal
Incoming rocket are you ready for big move up to 21$ ? Okay as we know silver has completed an impulse move followed by an almost completed WXY pattern
gold silver ratio is at all time highs and about to fall .
our trade date is Monday night. 2nd march entry price as close to 16.00$ as possible.
SL can go around 15.7$
our take profit date is Monday 9th march. end target around 20-21$
good luck and happy pips
Metal Gains Momentum, 150%+ Easy TargetMetal (MTLBTC) is now gaining momentum after moving pass 0.00003360 or EMA100. Prices are now challenging MA200 and looking ready for a strong bullish move.
Expect to see something similar to what we saw in late September, the only difference is that now prices will move even higher.
Enjoy the profits as they come.
Remember to set your sell orders on target beforehand...
Make sure to have a plan before you trade.
This is Alan Masters.
Thanks a lot for your continued support.
Namaste.
LONG - MTL - Trading OpportunityHoping for a bounce of this strong support, this hidden bullish divergence may assist us on our purpose.
Entry: 0.0000256
Target 1: 0.00002789
Target 2: 0.00002989
Target 3: 0.00003268
SL: 0.00002449
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Possible bearish scenario for GoldThis is a possible bearish scenario for gold to make a double bottom before taking off. The weekly pattern is similar like when it made a double bottom at 1266 before taking off for 1555.
We will get a retrace to 1463 +/- $2, make a double bottom at 1446 (161.8 fibo extension of Friday's candle) and then go to 1491.
SILVER (XAG/USD) | 16.500 - Keep An Eye On It!Hi,
Green area consists of:
1) Fibonacci Golden Ratio 62%
2) Fibonacci Extension 127%
3) Middle number 16.500
4) Daily & Weekly EMA200 are around the marked area.
5) 2X AB=CD!
6) Channel projection
7) Let the bullish price action around the green area guides you into the trade!
16.500 is the key level, wait for a smaller timeframe candlestick patterns after the touch. As said let the price action guides you into the trade ;)
If it was helpful then take a second and support my effort by hitting the "LIKE" button, it is my only fee from You!
Regards,
Vaido
GOLD (XAU/USD) | Short-term BUY AreaHi,
The gold price has started to approach a possible buy area. I'll wait for a tiny bounce because of the quite sharp movement downwards and I act after I have seen bullish price action inside the green area.
Criteria count is not so high but the price level (inside the marked area) has worked historically pretty nicely and I expect that this time is not an exception, and criteria are:
1) Channel projection
2) AB=CD
3) Fibonacci Extension
4) Light-blue horizontal line - historically worked price level
5)* Fibonacci retracement
6)* Daily EMA200
7) Wait for a bullish price action inside the green area. Shorter timeframes breakouts from bullish chart patterns, higher timeframes candlestick patterns and etc.
* - Around the marked area
If it was helpful then take a second and support my effort by hitting the "LIKE" button, it is my only fee from You!
Regards,
Vaido
Gold In Daily Corrective Wave - I'm Still Bullish on The MetalGold is forming a bullish falling wedge on the daily and close to the season where gold is often bullish from December - February, I'm still bullish on the metal. A price fall to 1417 (circa) will be closely watched for price rejection and long entry...
Metal Pay- MTLUSD - Great Buying Opportunity-350% Gains ExpectedMetal Pay MTL - MTLUSD Great Buying Opportunity Coming Ahead -
350% Gains Expected! - Don't Miss This One.. :)
Based on AB=CD pattern , Time Ratio & Gann Analysis, It's a potential long position with great returns :)
In a lower time-frame (4hrs) this long position has also been conformed.
Target Profit Range - 0.43-0.86
TP 1 - 0.43
TP 2 - 0.56
TP 3 - 0.73
TP 4 - 0.86
Buying Zone! Long Position
Early Entry Trigger Point - 0.23 -.026
Ideal Entry Trigger Point 0.16-0.19
Adjust your Stop Loss according to your lot size,
account equity ,strategy & money management.
***If you want to get in this trade from this point 0.341 you can still make 26.5% profit till TP1 is reached, however there is a very high probability that price may continue to move down towards my ideal entry point., It is recommended to enter with a smaller lot size if you want to go long right away & manage your stop loss accordingly.
Good Luck.!
This is my personal view and analysis on this chart. If you follow this idea please plan your trade according to your lot size and account equity.
Don't forget to like and follow , If you like my analysis :)