BNAFX
possibility of a short - Double top forming in the 1hr time frame ( remember they don't have to be level ) - bearish candle sticks giving us indication of a sell execution - liquidity sweep as you can see on the wick of the candle ( labelled ) - bounced off supply zone If you guys are wanting any help/want to follow my signals then just drop me a personal message
possibility of a long position. - a lot of bullish momentum - retested upwards trendline - market structure is in a upwards continuation - bullish engulfing candles - price broke through demand zone, now we wait to see if it breaks back through or changes direction (bearish)
Swing trade - possibility of a short position - rejected and retested off our daily resistance line - bearish candle sticks - breaking through the upwards trend line - breaking through our 15m demand line - now we wait ( is it a falls breakout?- will it break through and retest and continue towards the demand zone
Potentially a long opportunity for this pair. - Hit weekly SR line and rejected and retested it - as you can see the white arrow path is creating a W pattern potentially giving us insight to a switch in direction and go towards an bullish trend - high wicks rejecting off the W SR line - bullish engulfing candle is another confirmation
Potential short opportunity on gold. - plenty of supply highlighted in the circles - retracted off 4hr SR line - retracted off downwards Trendline - the overall trend is bullish if you look in the daily/weekly chart, but always expect a pullback
as seen I have smashed the TPs in the long position taken on this pair. however it has hit weekly SR line and created a pull back and retest and then pull back again. hopefully drops to previous support
Looking at this chart as you can see there is a lot of demand where I have highlighted with the circles. it has came down out bounced back off the SR line. now we can wait until it hits our other SR line and wait for either retest and bounce back, or break through and carry on a bullish trend
We can see that the chart has followed the uptrend but has hit 1hr key level and has decided to range and reject the key level.