On the last day of January, the price on the monthly chart picked up liquidity above the November and December peaks. On the daily chart, the price does not break through the last peak, because of the range in which it is visible that buyers are losing strength and sellers are taking over. This week, buyers are making their last attempt and after that the price is...
Montly dolar chart reacted to the 0.7 FIBO and finish with Long legged Doji candle This week DXY again shows bullish strenght The dollar reacted to the weekly buy zone, previously the structure on the daily chart started to change to sell. Waiting price to retest previous supply zone and give confirmation on daily chart that price will continue lower. On...
Uncertainty about the arrival of Trump with all the current geopolitical situation raised the price of gold in spite of usd strength. Price is currently in the strong resistance zone, also here is supply zone 2730-2750 created when Trump was elected president. I expect liquidity grab above the last top , reaction and confirmation on the smaller charts (h4/h1) for...
price is falling since december, it made trend liquitidi,failed to create lower low ,,then make a ressistance liquiditi that was now taken.We are in zone of last lower high and fibo 0.7 zone, with tommorow bad news for EUR it can be start of reversal and dropping to the last lower low