Last time I spoke about Gold, I wanted to see this instrument hit some support levels. We had our first short target @ 1763; which is what has just happened. Yesterday the metal broke 1763 support... so now we wait for a retest of 1763 which has now turned resistance. While we still have our second target short target @1689 #PatienceIskey
Price is back in the asymmetrical triangle channel and currently testing support @ 1.0340. Closing short positions running. Safe buy zone @ 1.0340 - 1.0120. #PatienceIskey
Congratulations to those who sold with me at $50k $60k 🤝. Right now price testing 2017/2018 ATH @ $19800 - $13800 Zone; which has now turned support and also aligns with FIB 0.79 support @ $16600. So now we can start stacking up bit by bit. Buy BTC now @ $20k Buy more @ $16600 - $15000 Stop buying @ $10776 #PatienceIskey
XAUUSD price currently in a Zone with multiple supports @1797, 1774 . How deep can the retest go?? I expect price to drop further to 1763. First sell target @1763, then we watch if support holds. If 1763 support breaks; Second target Sell target @1689. #PatienceIsKey
In this game patience really is key. Upper trendline is gettIng retested just like we wanted to see... Short positions still running here.
Last time i spoke on EURUSD... I warned us not to get trapped in the bull breakout... wanted to see price correction drop to 1.1324 level. And that is what has just happened. Like I always say... PATIENCE IS KEY. Buy positions will present itself soon and I'll keep update when it does.
Last time I spoke about this, I was looking for a buy entry around 0.7175 - 0.7180... Well, now it's time to locking profits.
AUDUSD presenting a buy signal. D1 upward impulse correction almost complete. Look for buy entries around $0.7180 - $0.7175 support level - reversal is expected. SL shouldn't be more than 30pips (0.7150) cos we still have a MN bearish momentum. TP1 $0.7390. TP2 $0.7480. NotAFinancialAdvice.
A buy opportunity presenting itself... Entry: @1.3680 SL 1.3660. TP 1.3780. NotAFinancialAdvice
Gbpusd in between Resistance and support (1.4220 - 1.3650). A monthly close below 1.3500 will validate the sell. Trendline should hold IMO. NotAFinancialAdvice.
Last time I spoke about this; i opened a short position @1794 with SL @1799. Still waitin to hit target @1760. Right now the instrument is testing 1789. A close above 1789 will expose 1797. Bias remains Short so I'm holding. #NotAFinancialAdvice
After the double top I expect price to continue falling. Right now this instrument is currently testing Fib 0.23% (1.1686) - after which the 0.38% fib (1.1486) and 0.5% fib (1.1324) will be retested as well. Patience is key.
Over 10yrs structure breakout! A proper retest of this structure (Upper trendline) is much expected. IMO
Trust your analysis and be patient. A close below 1789 further validates the structure.
I like the H4 Timeframe for entries; right now it still looks bullish. A close above 1797.30 will expose 1810. Which is a good price to look for short and bag a cool 1:3. However price still in the zone (1793 - 1795) still monitoring.
This instrument is currently testing 1795 resistance. At this point my approach would be to wait and monitor how price reacts in the zone 1793 - 1795.