Profound_Ambition

Profound_Ambition Updated 

Price has reached a key area of confluence zone, we have previous resistance turned potential support here, along with price reaching the ascending trend line for a 3rd touch, where we can see the bearish momentum is slowing here. From this region, I will be watching for price to move back up into resistance above.

Profound_Ambition

Price has formed a potential double bottom formation at a key area of support, which aligns with a 3rd touch to the long term ascending trendline. This is a very powerful confluence that price may be getting ready for a move back into 142.000 above this key region here.

Profound_Ambition Updated 

Price has formed a double bottom & strong bullish reaction off the of key structure of the current uptrend. This is a strong bullish indication that we may see price rise now.

Profound_Ambition Updated 

Price today has retested the previously daily consolidation range as new support, & is currently showing sensitivity in this region & a bullish reaction. I am anticipating for GOLD to prepare to rise in the days ahead now above this region here.

Profound_Ambition

EURUSD has closed for the day above key structure resistance, & above this region we may see price continue into the highlighted regions above as long as price remains above the previous structure.

Profound_Ambition Updated 

Price finished off last week, closing above the key resistance structure zone with strong bullish momentum. This upcoming week, I am looking for a retest on the lower timeframe of previous resistance as new support, for price to continue the upside momentum.

Profound_Ambition Updated 

Price is moving within an expanding channel patttern on the higher timeframe, & is approaching the lower boundry trendline which aligns with a key area of support structure. The zone below is where I will be watching for either price to continue back to the upside, or if a breakout of the pattern occurs to the downside, we can look for a trend reversal & for price...

Profound_Ambition Updated 

Price has made its way to key support structure now, & the momentum seems to be slowing down here. Price could bounce from here back to the upside, however if this region is broken, the a trend change may be the case here.

Profound_Ambition Updated 

Price closed below the descending trendline after testing it today, along with being underneath resistance as well. Below this region, we may see the GBP lose strength to the USD in the days ahead.

Profound_Ambition

Price has touched a key area of daily resistance, looking left where sellers pushed price down heavily in the past. Price also rejected this zone today, which aligned with the descending trend line for a "3rd touch", where now we may see price reverse & make its way lower below this region.

Profound_Ambition Updated 

Price has now reached support structure / the previous higher low of the uptrend. Price has formed a Doji indecision reversal candle at this key zone, showing that buyers may be preparing to push price to the upside again.

Profound_Ambition

Price previously formed a head on shoulders bearish reversal pattern, breaking through the neckline last week. Now, price is making a correction, & I would like to see price retest the neckline as new resistance, for price to complete the pattern towards the support region below.

Profound_Ambition

Price on the higher timeframe has reacted off the key reversal zone that in the past has seen some huge upside movements, & looking here it seems history is getting ready to repeats itself. Price made a 3rd touch to the lower boundry trendline of the long term wedge pattern. Since price tested the key region below, we have seen bullish price action movement since....

Profound_Ambition

Price has formed a head on shoulders bearish trend reversal, finishing off last week breaking below the neckline which aligns with the structure of the previous uptrend. This upcoming week, I will be watching the lower timeframe for a retest of the neckline as new resistance for price to make its way lower into the regions below.

Profound_Ambition Updated 

Preparing for long position, as price is approaching the retest zone of interest for a fresh higher low, where I will be watching for a bullish reversal & continuation up into 172.500 for a new potential higher high.

Profound_Ambition Updated 

Classic head on shoulders bearish reversal pattern, waiting on price to now make a fresh lower high & retest the broken support structure (neckline) as resistance for price to then continue lower into the regions below.

Profound_Ambition

Price is approaching a key area of structure below, where the previous bullish movement took place. I will be watching price action in this key zone below for a bullish reversal & move up into 1.17000 key higher timeframe resistance.

Profound_Ambition

Price is approaching a key area of higher timeframe resistance, along with the upper boundary trendline of the channel pattern. From this region above, I am watching for signs of a bearish reversal & for price to make a continuation towards the bottom of the channel for a potential lower low ..