Last week we finished bullish, this week I want to see price to take out fridays low before we get enough liquidity to then take out weekly highs. I have tried to show my thought process of what I believe we could see on GU. Overall, we are still bearish in macro terms. Tomorrow I will be looking for longs depending on how price reacts at the lower pale green area.
Potential GU short, I want to see price take daily highs and then fall off
Seeing a bullish move today on gold will bring in a lot of buyers. I see price moving up to take out today highs before selling off towards weekly lows. Green shows my projections Let me know what you think in the comments
I want to see price action to take out yesterday highs. The reason for a bearish move is because price hasn't taken any liquidity to push above the highs. I have labelled the projection of the trade in green. Let me know what you think in the comments
Gold had a strong bearish move today after CPI news, I'm expecting this to continue Please see chart to see target
Daily candle has taken the liquidity from the previous days. We have a bearish engulfing on the daily chart. Tomorrow I am going to wait for a pullback before looking for a short trade down to the weekly lows.
Im looking for a short opportunity on gold tomorrow. I want to see a push up towards the 1 hour fair value gap & the 4 hour resistance. We have equal lows, which means there will be liquidity that will need to be taken (potentially). Gold has also taken buyside liquidity at 2003 dollars, so this could give price action stronger bearish momentum.
I want to see price take out yesterdays lows; to collect liquidity (black shaded box) Correlating with market structure I want to see price reject the 15 minute order block (greenish box) and push into the FVG (target1). I see this happening due to the amount of bullish price action within the last day. I believe that this market is trying to entice sell...
My entry is based on the 15min FVG & 15min order block. I want to see price fall into that area and reject it. The first target is to take out the equal highs on the 24th March. Target 2 is the buyside liquidity at the top. The DXY correlates with this analysis as I am expecting it to fall to create a lower low. My risk is 1% and the risk to reward is 1:5.
Here is my outlook on GU this week. Please comment below if you have any questions.
I have been recently testing out ICT Concepts. Here is my analysis, let me know what you see...
Please read the chart, I have annotated what I believe will happen and have tried to sketch out where I think gold I heading. Please comment below if you have any ideas and suggestions Thanks
Here is my analysis for gold, I want to wait for price action to take out highs before we see a decline. DXY needs to fall and take the lows out which will help push gold up. The blue box is my sell target.
Here is my longer term analysis on gold, I want to see price break towards $1822 area; before seeing a bearish move. Let me know what you think
Hi, Here is my analysis on gold, I want to see gold push through the 4 hour resistance, and push towards $1800. Gold rejected the weekly level at $1729.2 perfectly, this is a strong rejection. Price wicked through to liquidate the previous buyers, therefore we should have enough momentum to push higher. The overall target I want to see is $1820, which is the...
In my analysis, I believe we could see xrp now start moving up towards that 0.45 cent region. Reasoning: - Price action has hit third touch of the trendline - Rejecting the 78.6 daily fib level - Liquidated previous level at 0.32500 - Rejecting support level Please comment below your thoughts and please link me your analysis, so I can see what you're...
GBPUSD: We have seen the DXY fly to its weekly highs over the past few months. In my opinion we will start seeing resistance play out on the DXY; which indicates we will see a bearish dollar; implying GU will turn bullish. As you can see on the chart, I have labelled the blue boxes (4hr areas). From my analysis I can see GU falling towards 1.24500. From that...
DXY has been moving up, i believe we will see it hit our resistance and start to drop, as shown on the chart