Hello,
This is 4 week period plan that I personally will follow, based on my strategy and trading style.
P.S i never follow a single bias (bullish or bearish), my trading style is flexible and adaptable to momentum changes.
Chart Feedback (Daily Time Frame)
There are a few key takeaways from the daily chart.
- Price action in a box since August '24 with no...
Chart Feedback(Daily Time Frame)
Gold King of the week with a new ATH. The last hours of the day take profits take place increasing the supply and ending with inverse hammer daily candle. Monday and Tuesday will indicate the weekly direction. I expect the price to continue to rise, but a correction is highly possible too.
Key Levels (4 Hour Time Frame)
On the...
Chart Feedback(Daily Chart)
1. Price has been oscillating within September Low and late Oct. High for some time now.
2. Current price level at minor support level
3. EMA's 21,100 have been crossed from above suggesting price might continue to fall
4. A triangle between Main and the Sub trend is closing making the price moves tighter
5. Head and Shoulders is...
This are the scenarios I will be following in the incoming 2-4 of weeks.
GU has touched the 1.2500 support level for the second time in the last 30 days.
1.2500 it's an important level for the pair, as if it breaks down the next target level is the 8 months old 1.2300 level which is also the 100% retracement from the previous HL/HH.
Scenario 1 Lon g:
I will be...
The pair has reached a 2 years low (0.6200).
There are two scenario's that I will be following.
Scenario 1 Long
To trigger a long entry there are a few thing I wish to see before I enter go long.
1. Break of the down slopping trend line around 0.6300 level
2. Creation of new HH and HL (New up-slopping trendline)
3. Break of the resistance level at 0.6350
4....
