Frico_NR

Frico_NR

THE MARKET HAS BEEN PLAYING INSIDE THE TREND LETS JUST WAIT ON HOW IT RESPONSE?????? WATS THE EXT MOVE

Frico_NR

LET'S WAIT AND SEE IF THE MARKET RESPECT OR BREAKS THE RESISTER WE HAVE AT 1758 THE HIGH OF THE FLAG PATTERN THAT IS CREATED

Frico_NR

Well short and simple the market respecter the supporter on the high time frame and it broke the resister as more father on 15min the market created an inverse head and shoulder and its currently on the neckline testing the breakout

Frico_NR

The market just broke the neckline of the M pattern clearly seen on 1h after rejecting the strong resister which is the neckline of W pattern formed on a Daily chart

Frico_NR

The market has reached the neckline of the double button created in a daily chart now it just rejected the register and its about to enter in a correction wave where the buyers are going to try to get enough strenth to break the supporter.

Frico_NR

The market after breaking the support just created a triangle as one of the trend continuation pattern and besides that the market is failing to break the support

Frico_NR

The market also have created a nice triangle pattern

Frico_NR

The market has been in an uptrend for a long period of time and now it has been participating on a flag pattern as we go deeper on the 1D time frame you will realize that the market has created a double bottom signaling the end of the flag going for a trend continuation. And when you point your Fibonacci you will realize that the market retraced at the golden zone...

Frico_NR

look at different support the market has respected

Frico_NR

By the respect of trend and supporter I see building a strong momentum to give the bulls power to take over so by being reactive and not predictive we will patiently wait for the market to move from the current bearish trend to give us a way to buy

Frico_NR

any questions?

Frico_NR

Gold Failed to Break the Strong supporter last week now let's look for a retracement where is going to gain enough power to go and break the supporter

Frico_NR

Happy new year to you i would appreciate it if you look at how the support of the trend and double bottom are giving me an edge for long opportunities

Frico_NR

trend resistance respect supported with double top

Frico_NR

a resistance in 1d time frame has been respected with a bearish engulfing candle

Frico_NR

Not much other than the following of a trend

Frico_NR

Let's FOLLOW THE BULLISH TRENG IN EUROPE ITS ABOUT TO GET LIT

Frico_NR

Let's FOLLOW THE TREND.