nice try bears.. But now it is the turn of the bulls to conquer a new H.H.
The chart below shows gold trading lower since 7 June 2024. I believe the bottom is in at 2291 - we have started a gold rush to new highs above 2390. im looking for a pullback around 2310 to 2300 as our key, support this coming week. Once in that zone and it holds we can start looking for reversal patterns as an entry point for a long position. The next target...
It seems that the increase in demand for gold does not allow a lower low to be formed. We should wait for a while and patiently enter into long postion, if we will sure of the weakness in the formation of lower low.
still think we have room to go higher,Resistance at the mentioned level and we'll test the short. Waiting for the price to revisit 2291.13 We want to see support here, based on the price resisting we'll take a action price will decrease today or tommorow this level must be retest first...
the price fails to make a new lower low his signals a potential shift in the balance of power between buyers and sellers,,
price already touch zone of order block. keep watching this. always trade with plan witth proper risk management.
price break CHOCH as a confirmation of market to change direction. first of all price will double cheak the lower price. keep watching this alwaays trade with plan with proper risk management
wait untill price toch 1H order block. entry point:2336 take profit:i will told you stop loss:2323
I look for breakouts in candlestick patterns,A series of lower highs indicate that the price of a stock will break the support.
Conversely, a bearish order block, or supply zone, is found during an upward price movement and is characterised by the area where the last bullish candle appears before a significant downward price shift. This suggests that institutional sellers are overwhelming buyers, likely leading to a decrease in price. sell it Now....sl:2361 tp:...
I first opened a sell position, but when I saw the demand in the one-minute time frame, I decided to change the direction of the trade and close the previous trade at the entry point.
e XAUUSD important short-term support level of 2,230. Technically, breaking through that level can be push down price more Entry point:2340 Sl:2347 tp:2314
its seem this area has highest selling potential with high R:R I will wait for pullback
A retest in forex trading is the price action that occurs after a breakout, where the price returns to the level that was broken and tests it as a new support www.tradingview.com level.
First, you can enter into the market as soon as the candle on a high time frame chart closes above or below the triangle. Secondly, you can opt to wait for the price action to break the triangle and then return to retest the broken trend line.
If the price successfully retests the support or resistance level and bounces off it, this confirms that the level is valid and that it can be used as a trading signal. . . However, it is important to note that not all breaks and retests are successful. Sometimes, the price may break through a resistance level and then immediately retrace back to the level...
are you agree?! Daily Pivots: (S1) 1.5372; (P) 1.5498; (R1) 1.5567; No change in EUR/AUD's outlook and intraday bias remains neutral. Another fall cannot be ruled out, but strong support could be seen from 38.2% retracement of 1.4281 to 1.5976 at 1.5329 to complete the correction from 1.5976.
Overall Average: 100% SELL Overall Average Signal calculated from all 13 indicators. Signal Strength is a long-term measurement of the historical strength of the Signal, while Signal Direction is a short-term (3-Day) measurement of the movement of the Signal.