Price are moving in a symmetrical triangle 🔺️( based on my Analysis) .. Price are making LH (lower Highs) & HL (Higher Lows) ... Based on my Analysis price are most likely to fall ...
Price broke the resistance counter trendline and now price is coming back to retest the broken trendline ... ALWAYS Wait for a candstick confirmation on the broken trendline to Enter the market ... RISK MANAGEMENT IS VERY IMPORTANT!!!APPLY PROPER RISK MANAGEMENT!!
Price cant break the counter trendline on the 4h timeframe... Price also rejecting the counter trendline for the 3rd time...
Price are moving in a downtrend on the short (1h,) timeframe... Price keep rejecting on the resistance counter trendline...price bounce back of it for the 3rd time ...and Sellers looking dominant on the shorter timeframes ..
Looking at the bigger picture... Sellers Looking dominant on the Weekly timeframe... Price might fall to the support counter trendline and might bounce of it or break through it ...
Us oil can't break the SUPPORT trendline on the weekly timeframe ... Buyers are are looking dominant then the sellers ... Thats the third touch (so called bounce,) on the trendline
Price keep rejecting the 4h support counter trendline and also rejecting the minor 4h support level ...
Price making lower lows and lower highs on the 4h timeframe... The market are in a downtrend on the lower timeframe (4h) giving us an opportunity to sell the market.. Sooner or later price have to come down or correct...
Price can't break the 4h support counter trendline... Price respecting the trendline for the 3rd time ...giving us a opportunity to buy the market ..only when price are above the trendline
Price caome back to retest the broken support trendline ... Price have to correct sooner or later .
Price can't break the SUPPORT TRENDLINE ...that's the third touch on the SUPPORT TRENDLINE, Giving us a opportunity to buy the market...
Only when price breaks the counter trendline ...We expect GOLD price to fall down to TP2 ...
TP1 was successfully reached... Price might go for TP2 ...
Price broke the ascending channel and went back to retest the broken channel... Sellers looking dominant on the 4h timeframe... TP1 & TP2 are given by the Fibonacci extension ...
U.S. stocks end steady but post gains for week after volatile trading
Broken trendline on the 4h ... Price starting to move to the upside very slowly... Is it a broken trendline or just another fake-out ??
Will the Us30 stcok market push higher & breakout of the consolidation side way movement?? Or will the Us30 stock market fall after considering a new lockdown level ??