Sell Gold
Gold is doing some correction now.
We can expect price to reach around 1821.
Once price enter the area of demand, we can expect price to shoot up if there's bullish engulfing is formed by then. let's just monitor for now...
Tradermindmastery
SELL USDCADTriple Top Formed. Last week price movement has confirmed that trend is on a selling bias now. Price may do some correction to the level at 1.29466. Can expect price to reach 1.23016 level and show some bounce off.
FX:USDCAD
SELL USDJPYPrice has rallied to weekly resistance. Expecting price to reverse, although now there isn't any sign, based on history, at this price, price will go down. If price broke 114.600, trend continuation confirm.
FX:USDJPY
SELL EURUSDPrice is currently retesting previous support turn resistance before going down lower. Weekly chart show selling bias, Daily chart show double top + H&S pattern. Super bias towards selling.
FX:EURUSD
LONG US30Strong rally for the week. Can expect price to move towards 35450 before going down again or hover at that area for the rest of the week.
LONG NASDAQLast week Nasdaq showed price rejection at previous area of demand (Weekly). This week it rallied and close higher. Drop-Base-rally formed on weekly chart, trend reversal confirm only after it breaks 15412 level. Price will continue to rally for the week and if it did broke 15412 level we can expect price to reach 15600 level.
BUY NasdaqLast week Nasdaq showed price rejection at previous area of demand (Weekly). This week it rallied and close higher. Drop-Base-rally formed on weekly chart, trend reversal confirm only after it breaks 15412 level. Price will continue to rally for the week and if it did broke 15412 level we can expect price to reach 15600 level.
Sell GoldMassive bull run on 13 Oct, shot down by bears on 15 Oct, Friday.
Showed a clear sign of price rejection on weekly time frame.
Expectation for the week: Price to drive up to 1780 before breaking 1765 level. Price to meet 1758 level by end of week.
LONG NASDAQOANDA:NAS100USD
Introduction to my analysis:
1) Price Action is KING- I'm a sole believer in price action, you will see me incorporating price action theory into my analysis.
2) Simplicity is key - I love to keep my charts neat and tidy! The more indicators you have on your chart, the more complicated your chart is. Thus, affecting your bias of that market. Let me introduce you to my 3 great trading friends... THE 20, 50 & 100 MA!!!
3) The mind! - My analysis may not always be right, nobody is, it's just my opinion and point of view. There's no right or wrong in any market analysis, the only thing is belief. Believe in me and my analysis, let the result be the light to the dark cloud hovering your thoughts about trading.
4) Please feel free to comment and feedback to me about my analysis & on your views about the market. Through sharing, we grow together as a trader!
- 3s strategy activated
- waiting for price to retest key level before entering
- buy limit set
LONG GOLDFOREXCOM:XAUUSD
Introduction to my analysis:
1) Price Action is KING- I'm a sole believer in price action, you will see me incorporating price action theory into my analysis.
2) Simplicity is key - I love to keep my charts neat and tidy! The more indicators you have on your chart, the more complicated your chart is. Thus, affecting your bias of that market. Let me introduce you to my 3 great trading friends... THE 20, 50 & 100 MA!!!
3) The mind! - My analysis may not always be right, nobody is, it's just my opinion and point of view. There's no right or wrong in any market analysis, the only thing is belief. Believe in me and my analysis, let the result be the light to the dark cloud hovering your thoughts about trading.
4) Please feel free to comment and feedback to me about my analysis & on your views about the market. Through sharing, we grow together as a trader!
- 3S broke out strategy entry
- Formed HL, expecting to form HH to confirm uptrend.
LONG NASDAQ OANDA:NAS100USD
Introduction to my analysis:
1) Price Action is KING- I'm a sole believer in price action, you will see me incorporating price action theory into my analysis.
2) Simplicity is key - I love to keep my charts neat and tidy! The more indicators you have on your chart, the more complicated your chart is. Thus, affecting your bias of that market. Let me introduce you to my 3 great trading friends... THE 20, 50 & 100 MA!!!
3) The mind! - My analysis may not always be right, nobody is, it's just my opinion and point of view. There's no right or wrong in any market analysis, the only thing is belief. Believe in me and my analysis, let the result be the light to the dark cloud hovering your thoughts about trading.
4) Please feel free to comment and feedback to me about my analysis & on your views about the market. Through sharing, we grow together as a trader!
- 3S Break out strategy activated
- Market is definitely still on an uptrend
- Price is recovering from correction
- Strong support level from 50 EMA
AUDUSD LONG Introduction to my analysis:
1) Price Action is KING- I'm a sole believer in price action, you will see me incorporating price action theory into my analysis.
2) Simplicity is key - I love to keep my charts neat and tidy! The more indicators you have on your chart, the more complicated your chart is. Thus, affecting your bias of that market. Let me introduce you to my 3 great trading friends... THE 20, 50 & 100 MA!!!
3) The mind! - My analysis may not always be right, nobody is, it's just my opinion and point of view. There's no right or wrong in any market analysis, the only thing is belief. Believe in me and my analysis, let the result be the light to the dark cloud hovering your thoughts about trading.
4) Please feel free to comment and feedback to me about my analysis & on your views about the market. Through sharing, we grow together as a trader!
- Price broke previous high
- Price pushed on towards the next key level @ 0.71426 - 0.71457 area.
- If price broke out, can expect it to go to the next level at 0.71568.
