BASED ON MY BIAS- Gold structure shows potential for solid buy opportunities. Before I enter Im going to let structure play out and take a solid trade.
BASED ON MY BIAS- Gj has been rejecting the area I have outlined for a while and its broken the downtrend so im expecting some a nice bullish run.
Per my last post GJ went for over 300+ PIPs ! My biased analysis leads me to believe that GJ needs to make more room to the downside before extending to the upside. If you take a look at my analysis I have market of where GJ has used the QP levels to continue down. I am looking of a break and retest of the and continuation. As always lets chat about the analysis...
My biased opinion here is that GOLD will push lower before it returns to the upside. Based off of the previous market structure history respecting supply zones. Market is trending down. We will keep an eye out for these possible set up on the opening of the market this week. Everything is marked if you feel the sam way and or different feel free to drop a comment !!
I don't exactly like that market closed above what I have to be the 1hr trend-line. But due to past market history the market is struggling to break the 4hr resistance. So I have an idea that this market will reject off of the supply zone and push down to the next QP. If market closes above that supply and look to reject to go high I have that possibility marked...
Do you guys think this is a trend reversal ? From my bias I think that based on my previous analysis markets have shown the opposite and US30 may be looking to push based on the close of market above the QP and 4hr Trendline. What y'all think ?
My parameters were hit but a re-entry is solid. I would say long positions are still very valid.
Based on my Bias Im looking at US30 to short. Firstly the market is already downtrending, with this pair I like to go with the flow. Secondly, the last Lower High bounced off on the 1hr and 4hr trend line and it is the second point in an A AND B bias I have. This is just a thought if anyone wants to add to the idea or mention another Im here for the discussion....
If you take a look at my previous mark up for GBPJPY Short I planned for GJ to maintain structure on the 1hr. I have noticed a break on the 1m, 15m, 30m and 1hr indicating a trend reversal. Long positions here make sure to protect capital if you're in this pair.
Being that GJ has been in a nice uproar to the upside I think its time for a little downside action. Even if this market wants to keep going up it needs to make room to the downside. So what I've mapped out here is a possible short. Now, an early entry can be made but I wouldn't recommend. I would go to a lower time frame wait for break of the QP then enter on a...
Based on my bias Im looking for BTC to give me a break on the 1hr Trend which would also be a retest on a QP level. This makes me comfortable knowing the markets usually are consistent with reacting to these levels if it breaks the QP let's look for rejection off of the 4hr demand zone. Any break and close there I would look to go with the initial trend or just...
Getting back into the mark up groove ! As you all will see I love my volatile cryptos. Ether had a very nice drop but based off of the last long reject area Im looking at ETH to move more to the upside. We will definitely look deeper into this when finding an entry but So far Im looking for the 1hr trend to be broken indicating a trend reversal. Once I get that...
I have been looking at AMZN for a while. I love how it's moving. Based on my markup I see AMZN reaching new highs in the next 2-5 years. As you can se the push down was to create more momentum to the upside. I will continue to update this markup. Let me know what you all think! Like always I'm open to hearing other thoughts.
Due to the recent dramatic fall Gold had the recovery was very nice ! Looking at my biased markup, I'm charting Gold to push to the next QP. I see gold trying to establish more Higher Highs(HH) and Higher Lows(HL) to give us a nice solid Bullish PUSH ! Let's see how it plays out. Let me know what you all think about the breakdown. Anyone else Gold will touch the 1950's?
Looking for US30 to make a push to the downside. Similar to yesterday, previous history gives me confidence that there's going to be a push to the downside.