Gold is in a downtrend channel a reversal to 61.8% fib level is required a bearish candle stick as well as a double top chart pattern on H1 might be required to confirm downtrend continuation if all that align, confluence is complete. No high impact news todays so we are good to go. happy trading.
I think the chart is explanatory eough on its own TREND: bullish FIB LVL: 61.8 CANDLE: Doji. hope i'm right though
The only thing I intended to publish actualy.. Still trying to get hold of the using mobile publishing
Its hurt me to know that several times I am right, but lack the funds to trade.. Even though sometime I am wrong. Now all I need to perfect is my sniper entry strategy. And to have the patience to hold a trade for atleast a week..switching to swing trading.
Price in a downtrnd channel. Necessary link shared already First published idea has bas image attached
A downtrend channel. Price at resistance trendline. My sell area. Except if price breaks above Or news to say otherwise.
Here we are now. we had our sells, now the buys. this idea has already been explained on the link attached.
Perfected my trading strategy. Realised alot of things by losing so much funds. But here i am now stronger and better, in need of funds to fully utilise my potentials. INBOX IF YOU COULD ASSIST WITH FUNDS TREND IS BULLISH FIB LEVEL ON H4 IS 61.8% MULTIPLE REJECTION AT THE LEVEL TRIPLE BOTTOM ON H1. MORE THAN ENOUGH CONFLUENCE Also, kindly add your comments and...
PURE PRICE ACTION A lot is happening here i wish i had the time to explain. however the overall trend is bearish. Who knew just deciding up or down could be so much work and time consuming yet kind of simple.
a bullish run in the long perspective, but a retracement before that. *trendline breakout *bearish candlestick on H4 *double top om D1 and H4
although the trend is gonna be uptrend looking at the candle stick formed on the monthly timeframe, a retracement is expected to occur to the downside to Fib Retr level 61.8% as TP before the momentum actualise.
Double top on D1 Bearish candle formed for confirmation on D1 Breakout of uptrend trendline. Short on sentimental outlook Sell on 78% Fib
Double top on D1 Bearish candle formed on D1 Break out of uptrend trendline to the downside Sell at 78% Fib.
Confluence 1- uptrend Confluence 2- symmetric triangle breakout to upside Confluence 3- big bullish candle