Calla92

Calla92

market rejected the 4h supply zone market bounced from the 4h demand zone market broke the 30min down trendline possible retest to the 4h supply zone

Calla92

4h downward channel marked previous supply zone looking for retracement and then rejection at the 23% fib level stop-loss above previous supply zone

Calla92

After rejection of the supply zone, price is making LH and LL in the 30M timeframe signalling a potential fall to the downside

Calla92

LOOKING FOR BUYS ABOVE 0.65309

Calla92

I wait for the price to try the daily support and reverse from it. Buys will be confirmed when prices close above the previous LL and starts to make HH

Calla92

Daily downward channel top reached. 4H supply zone reached.

Calla92

Found a 4h support price likely to make a move up before further decline

Calla92

If price makes a double top it could signal the end of an uptrend and possible reversal to the downside.

Calla92

Buying up to the broken area of support.

Calla92

price has made its way to retest the broken area of daily support as now resistance. Possible shorts to follow

Calla92

Gold to go down as approaching a daily down trendline for the third time also a retest of a broken support level as new resistance.

Calla92

Expect a move up to test the broken daily as a resistance

Calla92

enter long on the bullish close of the 4H candle which will signal the end of the retracement.

Calla92

LONG TO THE NEXT 4H ZONE

Calla92

Testing the minor 4H zone then continuation to the downside...

Calla92

SHort to retest the broken area of resistance to turn support and then we go Long .

Calla92

long then short