HAN_Simply_Trade

HAN_Simply_Trade Apr 7

a good 800 pips this Asian session rejections showing pool of buyers are entering the market. however we have 2 support trendlines broke and now nearing to the sbr and bottom of the support trendline broke. if it can reenter into the next trendline and provide goot push up then the reversal back up is potential.

HAN_Simply_Trade Apr 6

So, lets prepare ourselves with many possibilities that can happen and some zones to lookout for as now it’s much clearer with many key levels to monitor. What are some possibilities that can happen next ahead. 1. Purple path. Gold in the higher timeframe is still valid as uptrend as since in the trendline drawn this is the 3rd touch and it shown a rejection...

HAN_Simply_Trade Apr 2

Yesterday gold has seen making a significant move of bearish momentum. Close to 500pips drop from ATH. 3 scenarios that gold can do. 1.Sideways on the current support and resistance of 3100-3135 as seen in blue. 2. breaking above 3135 testing the current ATH ceiling and breaking it as HTF is still bullish. 3. breaking below 3100 heading to the fbo H4 3082-84 &...

HAN_Simply_Trade Mar 29

Gold is still bullish for the past couple of month without any signs of bearish appearing. If there was any Bearish momentum it was temporarily. Next nearest gold target is 3111-3128 base on fibo extension. And if there’s a retracement to 3057-48 there could possibly be a reentry buy area. Unless its broke and break the whole latest base then we can expected...

HAN_Simply_Trade Mar 26

gold has been sweeping liquidity and tough for most trader to trade in this range unless scalpers. it has been sideways for the last 3 days and the range is getting smaller which is a good sign of break of structure soon. nevertheless to take a trade at the first nreak could potentially be risky unless small range scalp. current CMP support stands at 3010-12...

HAN_Simply_Trade Mar 25

Gold in ranging between 3000 to 3030. Making it a sideways market for this week. At the moment gold is believe to make a retest at the current resistance point and also possibilities to make a discount to the daily breakout area of 2984-2988. 2984-2988 will be a decision point if gold be able to make a climb back up or a continuous break down to the last breakout...

HAN_Simply_Trade Mar 22

I see a potential for gold to make a big pullback of about 2000-3000pips in up coming months. A few factors of fundamentals in place is that gold need to make a discount before climbing further. with the new cabinets of US and trump restructuring the port folio of the system that may seems a little haywire now but he's previous holding has shown great impact in...

HAN_Simply_Trade Mar 21

As we can witness the current resistance and ATH stands at 3057. yesterday gold did a strong pullback to the CMP support 3025 however fail to break above ATH support that currently becomes resistance for the current market price today. I won't be trading at the current support area as in H1 full HNS has formed in this CMP which showing signs of a strong pullback...

HAN_Simply_Trade Mar 16

Everyone know gold is strong in bullish why? if gold going to sell of then it wont be head 3k is one and another is gold wont be breaking the weekly resistance. For gold to climb higher it needs to make a pullback first before climbing higher. where can the support be right that the most question. lets face the nearest first that is the last resistance of...

HAN_Simply_Trade Mar 15

GOLD has seen hit the target of 3k. looking gold base on Daily and Weekly candles it is still bullish. and it is very high potential to go far. However on Friday with the high impact new of consumer sentiment and inflations expectation that suppose to be weak data for USD but gold did a strong sudden dip of about 200pips. In the smaller time frame like M30/H1...

HAN_Simply_Trade Mar 13

Gold has finally make the All Time HIGH break of structure. strong bullish but be mindful of volatility. gold target is no doubt 3000 however before reaching I am very certain that gold is going to sweep some liquidity below so I've prepared some support point of interest when it comes for us to take the opportunity

HAN_Simply_Trade Mar 12

BTC has seem to make a characyeristic to climb back up. for now bias is a buy. probably to cover value gap from the decent from 91-92k the decent was substancial that it fail to return until today. so its logic for its return

HAN_Simply_Trade Mar 12

Gold finally back to ATH POI area. We can expect strong rejections here as this is where gold previously push downward strongly . However it don’t seem to happen anytime soon as the moment it touches 2940 last nite. There wasn’t any rejection power. So we can expect gold to make a climb slightly further and until a nice compression or an immediate rejection then...

HAN_Simply_Trade Mar 10

Btc is heading towards 73-74000 soon. once reach in that area is a place where we expect for BTC to provide a strong rejection. However. a clear confirmation needed to be provided as it may goes deeper. I personally think this is the price point of interest by many to position themselves for BTC for its upcoming movements. it's going to be very volatile.

HAN_Simply_Trade Mar 10

gold has seen broke out of ranging area of 2900-2930 it has shown a clear sign of gold broke support last US session. What we expect to see is gold to retest the support becomes resistance area of 2894-2898. I personally will look for sell is those area. Otherwise, if it fails then I'll wait for a confirmation for gold to continue its climb. on the other hand,...

HAN_Simply_Trade Mar 9

Btc has been in a crazy movement for the past couple of weeks up thousand pips down thousand pips. And finally we able to see a clear structure. Awaiting for a clear breakouts. Situation 'B' break penant upwards 98,000-100,000 its destination Situation 'A' break penant downwards 73,000-74,000 its destination

HAN_Simply_Trade Mar 9

Gold has been in one of the most difficult situation to trade. I myself preferably to avoid in the middle trading until a clear break out in either H1 or H4 to formed and I've prepared myself a few points of interest to buy or sell when a certain point reach and a signal in smaller timeframe provided me to confirmation to buy or sell. At the moment it's better...

HAN_Simply_Trade Mar 7

It a strong bullish at the moment to cover its value gap and reaching to its fresh breakout daily sell. so still a buy but as soon as it reach the fresh breakout its a a sell to the bottom breakout and its going to range between it for some time