break and retest of this 4 hour trendline with a pin bar which I believe will send price to the 155 region
Gold has completed all three levels of the mm cycle and so we expect a reversal, overall bullish target all the way up 1840. if you look on the 4 hour what is forming currently is a 4hour double bottom, the trend will continue up.
I will be expecting price to possibly complete this head and shoulders and continue to the downside to complete the neckline of the weekly double top formation. still overall bearish
after a break of consolidation expecting price to reach resistance
WE FORMED A MULTI-SESSION M LAST WEEK PN THIS PAIR EXPECTION LAST WEEK FRIDAYS LOW TO BE BROKEN AND THIS PAIR CONTINUE DOWN FOR NEXT 2-3 DAYS , POSSIBLE DOWN TO THE ILLUSTRATED. LETS GO. USDCHF DOWN, EURUSD UP
I posted an idea/analysis of Gold sells last week and it didn't come to fruition but now the signal has presented itself, im looking to short this pair down to 1770-1760. off a possible double top formation AND completion of the market maker cycly. 1:7 TRADE LETS GO.
BASED OFF THE MM CYCLE, EXPECTING ONE LAST PUSH (SHORT TERM) TO THE DOWNSIDE WHICH COULD POSSIBLY SET UP THE LONG TERM BUY ON HIGHER TF AS ILLUSTRATED
HOPING TO SEE A CONTINUANCE OF THE TREND IN THIS SCENARIO
I CAN SEE PRICE DESCENT FROM HERE OFF A HEAD AND SHOULDERS FORMATION
I believe GJ will reverse and continue its sell off into next week even beyond what i've projected. The trend is down. GU Will follow suit and the bulls will take over on eurgbp
EXPECTING ONE LAST LEG DOWN BEFORE I CAN COMMIT FUNDS TO THIS IDEA BUT FULLY WAITING ON LONGER TERM BUYS
I see this having formed the possible low of the day. we going to try take this to the target
I BELIEVE WE WILL SEE A RETEST OF THE LAST FRESH ZONE THAT WAS CREATED AND THAT WILL BE MY TP SHOULD I GET CONFIRMATION. THIS MOST LIKELY JUST A SHORT TERM TRADE BUT WE'LL SEE #BTMM #BPFX
THIS PAIR IS STILL BULLISH, WAITING FOR A PULLBACK THEN TAKING IT ALL THE WAY. MADE AN ERROR ON LAST NIGHTS ANALYSIS. DID NOT DO MY DUE DILIGENCE