Bandarsq

Bandarsq

This 4-hour chart of Gold PEPPERSTONE:XAUUSD suggests a potential Bump and Run Reversal (BARR) pattern developing. The pattern is composed of three distinct phases: Lead-In Phase: Gold has been trending steadily higher along the lead-in trendline, which shows a moderate, consistent rise. Bump Phase: A steeper acceleration occurred, representing the bump, where...

Bandarsq

As illustrated in the chart, OANDA:XAUUSD Gold targets 2325 and might test lower levels. Cheers!

Bandarsq Updated 

Hi, as we managed to get wave 3 in the previous idea, we will now take on wave 5, as shown in the chart. Cheers!

Bandarsq Updated 

OANDA:XAUUSD broke out of the Inverted Head and Shoulders targeting 2370. Cheers!

Bandarsq

FX:GBPNZD is now creating the right shoulder of the Head and Shoulders pattern. I'd wait for the neckline penetration to validate the pattern before going short.

Bandarsq

Last Friday, FX_IDC:XAUUSD broke out of the uptrend and retested it yesterday. Simultaneously, it retraced to Fibo level 38.2%. The bearish momentum is strong, which might push Gold to $1930.

Bandarsq Updated 

A weekly chart of FX:EURUSD suggests a significant bullish reversal that may target the channel's upper band. Cheers!

Bandarsq

USOIL broke out of the Inverted Head and Shoulders pattern and targets 113.5 Cheers!

Bandarsq

GBPCAD broke out of the Inverted Head and Shoulders pattern. Cheers!

Bandarsq Updated 

EURUSD has just broken out heading for the inverted Cup and Handle Target. Cheers!

Bandarsq Updated 

DXY broke out of the Cup and Handle pattern. Cheers!

Bandarsq

OANDA:USDCHF broke out of the falling wedge. Cheers!

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OANDA:AUDUSD broke the neckline of the Head and Shoulders pattern. Cheers!

Bandarsq

OANDA:EURUSD broke out of the rising Wedge. Cheers!

Bandarsq Updated 

WXY started with a flat pattern which is ideal for wave W. Then it was followed by a short wave and that's typical for wave X. Wave Y should be a zigzag pattern and that's what we ended up with. Gold is expected to reverse and start down waves targeting fresh lows. Cheers!

Bandarsq Updated 

XAUUSD has a potential bullish move to complete wave Y of the complex WXY pattern which in nature is corrective. This suggests around 1800-1820 is an area where we could expect the selling pressure to rise. Cheers!

Bandarsq Updated 

DXY is almost done with the inverted head and shoulders awaiting breakout. Long the BO. Cheers!

Bandarsq

USDJPY is breaking out of the symmetrical triangle on monthly chart as I'm typing this idea targeting 134. Cheers!