for self journaling purposes only. This does not constitute financial advice. Self explanatory if you check the chart
For self journaling purposes only If you want to take the trade read the chart, it is self explanatory. I am waiting on a break and close of the resistance trend-line then retest to take a buy. Targeting 1.83963 at the very least. will protect position with trailing stop loss once in substantial profit. GBP is a safe haven for EU specially now with all of...
On this trade I am going to remain neutral until price breaks above the yellow line. However, simply because of where price is located now it's a very good risk to reward ratio and it could be entered into now. completed 161.8 extension 61.8 fib retracement of the bullish macro trend currently breaking bearish trendline acting as resistance
yearly support level rejection. Daily hammer candle pattern price is below the open however bouncing off 78.6. I will take first target at the 61.8.
personal journaling purposes. 78.6 support. low risk entering into European session and probability that it will retrace to 61.8 creates a great risk reward
for self Journaling purposes only, this does not constitute financial advice. One a top forms and closes around the entry mark I will look to take sells. Detailed in the charts.
self explanatory check the chart, this is for self journaling purposes mostly
Trend continuation of bearish impulse move after retracement. Being safe and only taking it back to 61.8
Potential bullish run. I have already entered of a structure on the 15 minute time frame yesterday after price touched 61.8%. I moved stop loss to break even as I am in significant profit to hold position through NFP for potential upside based on technical analysis. My fib is reverse because I don't like pulling out the extension every time however 38.2 is the...
61.8 retracement after bullish run after consolidation for weeks 72.735 strong resistance turned support 4H 200 ema If price pushes past 61.8 after bounce looking at 78.6% and then 100% and then 127.2%
61.8 fib level on the daily and on lower 1H. Could be a little risky but risk reward ratio is favorable.
If 2620.96 is broken and closed below I will be looking for a retest. Currently sitting at 38.2 for a trend continuation. Micro trend is bearish at the moment. The bullish channel which began back in February 2024 has broke and current price is the top of the retest outside of said channel whilst also the top of a newer bearish channel. High probability that I...
Now that trend has changed I will finally start looking at opportunities to short Gold and Silver. Let the descent commence. Analyze the chart and the tools if you'd like. I use parameters on to take this trade.
We are currently at another bounce off the 61.8% waiting for price to create a second wave or a V to reduce the risk of of buying after this bearish impulse. I am waiting for a breakout and price to have a strong push above 2403 and retest prior to looking for entries to reduce downside risk. Last trade I rode it up and then caught some of the short: Term/
61.8 after correction at the bottom of a bullish channel. Already showing divergence on 1H after the ABC correction also. I am not taking a buy I am waiting for a signal but before signal I will patiently wait for price to create a lightly higher low on 1H I will likely be waiting for next week but if price does something similar to what I've projejected I...
Self Journal: Price is sitting at EMA above 61.8 at the bottom of a bullish channel. Price is likely gapping up and then going down V and W at that low I would like to see the second part of the W (V) go a little lower than the Friday close prior to taking any longs. Once the market opens I will see which prices need to be broken in order for me to...
Self journaling: Monday 22, 2024 the lower low (LL) was created after the ATH (all time high) every since this has been a key level, when below it price is pushed down to about 2280s-2290s levels and when above it price rallies but has been forming a lot of accumulation/consolidation (highlighted in a yellow rectangle) April 19th, 2024 same scenario Friday...
Below I will post another possibility because outlook is mostly bullish for the foreseeable future in the next couple of weeks however anything can happen and need to adapt to markets. We had week retail sales, lower permits than forecasted, higher unemployment many indications of a weaker dollar coming. I only want to trade the now so if/then DXY breaks below...