if this xauusd market maintains its previously set range then i am looking for long opportunities. buy stop orders seem like a good choice to enter with the momentum should it shoot up.
looking at the weekly tf momentum seems to be decreasing , but hasnt shown strong supply to indicate real sellers in the market. i see the break in trend as a fakeout, i obviously could be wrong , but i could also be right. before seller get in i think we stii need to induce some more therefore we might more move to the up, with proper risk management ,il happily take it
the eurusd has been hinting a major sell off in the market to be, so here i potentially see a break above trendline structure and a reversal structure to appear which could be either tomorrow or into next week. after the weekly candle shows failure then the whole of next week could have short possibilities.
base on trend analysis and the liquidity gathered below 138.200 i strongly think a move to the upside is next. with proper management by having a stop i will take this opportunity , although we have strong selling momentum
sellers are longing to enter the market , im expecting one more leg to the upside
nzdcad broke structure very impulsively without any major pulls, which means the shorts are not ready yet. so i see a continuation to the upside forming. market seems oversold
euro v us dollar is looking to sell off but maybe theres one more leg to the upside. still bullish bias on this one
after seeing clear momentum failure in the size of candle sticks , going short. still waiting for confirmation
bullish momentum , no real sellers yet
buyers momentum seems to be decreasing and changing. from the daily tf and 1 hour tf for confluence.
price has reached the previously set high and is possibly setting up for a w formation.
PRICE seems to be in a descending channel correction phase from the uptrend and we should be seeing a continuation phase. i think price will break the current low established and then to continue. price has reached my required level of demand that i hope will push price right back up. i am awaiting price action confirmation to start going long.