A major resistance is being created since the FOMC meetings. I am anticipating price dropping down to atleast sweep the liquidity area that was created on wednesday, 18th september.
EURUSD is officially bullish. We have a bullish MACD confirmation first. Currently, i am waiting for price to drop down to between 1.10233 and 1.10099. Retest this area, then we can buy from this point and target the previous high. Let's take a look at this guys! all the best anyone :-)
Price is heading to a bearish imbalance with a good buy momentum. We can take advantage by buying to that point. Im targeting a 1:1.5 RR.
I want to see Gold XAUUSD come back to between 2478.527 - 2471.944. Reason being, PRICE created a good buyside imbalance around that area. If price get's there, and changes character to the upside on 5m timeframe, we would be looking for buys. I think all this buys will create enough liquidity for massive sells on NFP - Friday. Good luck everyone.
Gold is likely to make a new all time high again. This usually happens with commodities and stock, more speculations happen right after prices makes a new ath and hence price making a newer ath again. Then a massive sell off. We haven't broken the recent ath yet but there are higher chances we can break it tomorrow. Here is where to get in, I think price will...
Take a look at this chart thoroughly. You can see that bitcoin is heading to a very strong zone that created the recent break of structure on the 4 hour timeframe. If it breaks, then to the moon. if it doesn't, we'd have to expect bitcoin drop down to around 53,000 or less AGAIN.
Price is likely to go up and tap into the supply power and also the bearish imabalance and get to dropping.
Gold price is approaching a buy side retracement at 0.78 level. I anticipate that Gold is gonna buy from that point .
I think Gold is about to sell really hard. I wont explain alot, just take a look at the charts
Price is aiming to sweep all buy-side liquidity before it reaches the official downtrend 0.78 retracement level. Note that, on a 4HR timeframe, we are on a downtrend, this our shorterm uptrend is a alittle pullback/retracement to clear all liquidities and tap into a major supply zone
Price is at the previous demand level that caused a major change of character. I was looking out for price to run through the demand level due to the volatility of the recent financial event (FED chair speaking). Unfortunately and fortunately, price couldnt break the demand level, hence, make it look like a retest for an uptrend
Don't miss this incoming buys on EURUSD. Price is returning to a very strong demand zone giving us a higher probability of price breaking it's recent swing high after touching the strong demand zone.
No long talks. Retracement over, time for the buy trend to continue. Let's move!
I'm waiting on price to mitigate the supply level and drop heavily.