Monthly: Trend is extremely Bullish, however current M candle opened Bearish and has 12 D to close. Has some support at FVG, expect some buys (as PB) -before new M starts.
Weekly: Trend is currently Consolidating. Has closed below prev candle, however does show some rejection at current level.
Daily: Trend is Bearish, has tapped into Bullish FVG, expect some...
As we get close to the end of the month, I think it will be interesting to see what G/U does.
Here is my take on G/U.. I am looking for continued sells but am also aware that it should be having a PB soon. Will that PB be a slight reversal? I think it is too early to tell, but will watching market open to closely determine my next move for this pair.
Monthly:...
I think so.. Below are my thoughts on Gold for this upcoming week. I begin my analysis on the M and complete a Top Down Analysis. Here are my thoughts:
Monthly: Overall trend is Bullish - will create new high before monthly closure (5 days)
Weekly: Trend is Bullish - has created some newer highs on LTFs, expect some PB before ending the week
with new highs...
Monthly: Overall trend is Bullish - has closed above prev high, will
create new highs before monthly closure (25 days)
Weekly: Trend is Bullish - week ended as a PB, could expect some selling pressure this week
Daily: Friday ended in consolidation, will need more liquidity to go higher
4hr: has completed M formation, beginning bullish phase
1hr: has broken...
Monthly: Overall Trend is Bullish, experiencing PB
Weekly: Candle opened bullish, pushing out of FVG, will
be looking for buys and then sells by the end of the week
Daily: candle opened bullish, looking for buys
4hr: Cross of EMA, opening bullish, once we have re-test
of TL, will mean continued buys
1hr: is coming out of consolidation, looking for BOS and...
Monthly: Trend is Bullish,
expecting continued creation of new highs before PB, candle closes in 15 Days
Weekly: Overall trend is bullish, was creating new highs (on Friday), expecting to create
one more new high before starting PB.
(news will help)
Daily: Overall Bullish, has created a new high, will need to complete PB before continuing higher
4hr:...
Weekly Trend: Bullish Trend,
we have 20+ hours before the market closes
Daily: Bullish Trend, has created new high,
expecting to create at least one more high
before sells
4hr: Bullish Trend, currently PB
expecting to continue higher
1hr: Bullish Trend, have had a break out
from a FVG, currently re -testing the 4hr
before continuing higher
Gameplan for the...
Monthly: Overall trend is Bullish, currently having
a PB - 21 days for candle to close
Weekly: Trend has created rejection candle, will be
for buys and then sells by the end of the week.
Daily: Is starting to create new trend
created double bottom
4hr: Starting W pattern (pushing out of OB) but still has some
selling pressure left
1hr: Still has selling...
