1. Price is currently testing its minor resistance at .007538 2. Price was able to hold the ground at 0.006902 - made a bullish correction and broke through it in a 1 big bullish candle. 3. I'll be waiting for a break and retest of its current minor resistance level before making an entry to avoid fake-outs. 4. An impulse to the upside to test our golden fib...
1. Price has been very corrective in a bullish manner (triangle) since it broke through our key level - 50k area 2. Previous H4 candle close was an inverted Hammer my indication for bearish exhaustion 3. Price could make another impulse from this level if support holds at 49.600 key area. 4. I'll be expecting a bullish impulse in the next H4 to fill the...
1. Price held the 0.2900 key support level. 2. Price is now consolidating in the form of a bullish triangle pattern. 3. I"m expecting the price to break through the 0.3000 key resistance level. I'll be waiting for the break in the resistance area and a retest on the support level or I could enter on the breakout TP: 0.3140 SL:0.2943
1. Price has already breached its main resistance at the current price. 2. Price has exhausted its strength to the upside in the form of double top (bearish pattern) 3. Waiting for the pair to established support on our buy side liquidity and wait for a bullish correction for another long entry. 4. if the price past through our buyside liquidity, long...
1. Big bullish body candle close on the daily due to the NFP news release. but I'd like to point out that price is now testing a major level resistance which is showing a price rejection. 2. We've already seen 2 retests on this level before and we've noticed that everytime the price retested this area, it got rejected. 3. I'd like to point-out the reason why is...
1. These past few weeks we've seen a very bullish move for gold since it tested our buyside liquidity at 1680 key level. 2. It bounced off from there 4 weeks straight. 3. This week we had a very corrective bullish move in the form of a bullish flag pattern which I'll show later in the lower tf. 4. The reason why the price was very corrective since the...
1. As expected in my previous analysis, we were expecting a clean BO to the upside. because what drives the market like this? that's right, major news like NFP does. 2. Previous higher time frame candles closed were very bullish. that gives us conviction to go long on this pair. 3. NFP news was bad for the USD 4. Price established a good support at 1807 area in...
1. Price is still trading inside the trading range which makes it very corrective. This is expected when NFP day. 2. Current price action shows tight consolidation inside 1810-1814 range. 3. Price bounced off our buyside liquidity during Asian session today in which I took an opportunity to play my 1st Long position. 4. I'm expecting a break-out on this tight...
1. Price broke through the major level on a daily tf. 2. Price found resistance on 1.6080 area. 3. I'll be waiting for the price to test our fib level for buy position. 4. Expecting the price to form some sort of bullish correction (flag) pattern.
1. Previous candle closed above the 200ema indicating that it bounced and took some liquidity for the price to drive higher. 2. The formation of the candlestick for the past few days has been very consolidative in the form of bullish flag. 3. Price has retested the critical support level 4. I'm expecting the price to go higher at 1829 after NFP news has been...