Chart is talking itself. Long term short on gold.
Looks like one UP Pull is remaining. ON H1 its making ABCDE channel and LEG D is started. Next week will be full of surprises as full week alot of news are also coming. For me its LONG Good luck traders.....
For Short Time trading, I think gold is gonna hit 1930-40 area in next few trading sessions. Then It will go for buy till 1980-1985 area. Again Bears will appear in the market to push it deep down. NOTE: its not a trading advise. Its just for learning purposes. If you like my idea, please hit like button and follow me for more technical analysis.
Gold is completing Expanding OR Reverse Symmetrical Triangle in a Bull market. Dumping GOLD on high Peaks will be highly profitable for next 5-6months. Once it will complete Leg E of ABCDE pattern then it will open new ways to open long positions. NOTE: Its not a trading advise. Its just an analysis. If you like please hit like button and also please share...
For me its a big short Medium Term Target 1700 Long term target : 1160 Reasons: 1. E5 Structure completed on Daily Chart 2. E5 Correction on Daily 3. 5th wave truncated 4. Double TOP on Daily Chart Its not a trading advise. its just for learning purposes. Good LUCK traders.
Its a very good SELL SETUP on H4. ENTRY : If we sell right now then SL will be little higher somewhere above 50700 For smaller SL we can waite for price rejection\reversal from current level. TP : 37800-38000 will be area to book profit. I could not find any thumb rule to book profit with WYCKOFF method. I observed and noted that booking proft between...
CHART IS DESCRIBING EVERYTHING. Smart traders always take smart trades. For me its a big short. Note: This is a sniper entry and it will BOOOOOM downward from here. Good like traders, always manage your risk and rewards wisely.
Its a beautiful sell setup. chart is describing everything. for me its a BIG short. Good LUCK everyone.
BTC is making Bearish FLAG at the bottom of 1H chart. On 1H chart nice bullish candle appear with Bullish Divergence in RSI. as its making ABCDE where ABCD are completed and its time for E which will be a bullish move. ENTRY 31000 SL : 30000 TP 1 : 35000 Price might bounce back little bit at 35000 level as its a strong support\resistant area which was...
LONG -Short On Hourly Chart Nice bullish candles appears. Entry Can be taken until 1787-89 with SL 1774 I am expecting it too touch 1787-88. At 1787 I will look for short entries as per shown in Chart a symmetrical triangle is in final Leg E.
GBPUSD looks making a 5-3-5 Correction after a nice bullish ralley but WEEKLY GAPS should also be considered. its making 4th leg of C. As per rule the wave 4 should be 38% 50% or 62% of Waves 3. In Current Scnerio it looks like 4th Leg is completed @ 38% Fib Retracement As there are 3 Conxecutive rejections found @ 38 % Retracement level. I hope it will go down...
Bears heaven. Bears this setup is for you. Bearish CRAB found on H1 & H4 in USDJPY (Worlds MOST Volatile and most trading pair). SL = 108.700 TP - 107.000
GBPAUD bearish Bat setup for bears. Bears here is a short opportunity for you. GBPAUD has completed Bearish bat on H4. As I have shown a strong RESISTANCE from where price had been rejected many times. I think it might retest the resistance once again but in the long run it will have to go down here. for me 2nd reason for shorting GBPAUD is on daily weekly and...
Bullish Bat setup on EURUSD. For Buying opportunities look lower time frames to buy EURUSD. SL = Little Below to Point D. TP1 = Point C TP 2= Point A. FOr me its long. Please hit like button and follow me for latest ideas every week.
Bullish Bat Completed in EURCAD H4 Time frame. Week gaps should be noticed before entery the trade. For buying opportunities I would like to look the lower time frames 1M or 5M. Stop Loss will be little below to point D and TP1 will be point C and then TP2 wil be point A. For me this trade is a profit trade as other than Bullish Bat its making 1st WAVE of E5...
Weekly Chart is clearly showing that USDCAD has just completed E5 Structure. and now its ready to make Correction. It could be ABC. Where A and C will be short and B will be pull back. If we see Daily or 4H time frames it looks a strong bearish trend. I will look for short entries. As I have shown FIB Retracement in the chart. I am expecting that I will touch...
Last Week I post Double Bottom in GBPUSD 4 hours time frame. As I Have shown in the chart with the RED Vertical line. Target is already achieved. As GU is highly bullish it might reach 1.26000 which is a major Support-Resistance area and then It will go down. On other handside It has completed bearish BAT on 4h Time Frame which is another confirmation that GU...
Recently USDJPY complete 5-3-5 Correction and now its making WAVE #01 on Monthly Weekly and Daily Time frames. Current Short is the internal short term short only. In the Long run It will go long. USDJPY recently broke the resistance 108.500 and price is moving below to it. Its next target is 105.500 or near by areas from where it will bounce back towards 111.00...