AU broke structure right from the monthly, weekly, and now daily is in the process. We can take an early sell on H4 when we get a retest of the daily BOS. Another trade will be confirmed after daily close to see if it will indeed break the structure. Target indicated using the arrow.
The best scenario will be to see H4 breaking 155.30, then we'll enter sells with M15 OB. Therefore some patience is needed. Another option is waiting to see whether price will go to the current H4 OB before breaking the H4 zone. You can do a Sell limit at the OB and SL above the OB, targetting 153.30
It's been a while, but we're fully back. Last 2 weeks candles didn't form a new HH. Therefore we have high chances of dropping on GJ. Sell signals have started showing last week after H4 started breaking market structure to the downside. It also broke out of H4 Consolidation. I'll be looking to take sells at the return to M30 OB. Targets indicated on the...
This pair is in a clear downtrend from Monthly, Weekly and Daily timeframe On H4, it has been on a retracement whereby it returned to OB and started dropping. Now we've seen BMS for H4,and lower timeframes to sell. Therefore we're going to re enter sells when price returns to H2/H3 OB, or wait for another BMS on H4, then enter at retest of BMS or RTO that will...
From the monthly timeframe we're clearly bullish to 1907 area. Daily: we're bullish between 1867 and 1850 range. H4: we're bearish because we have broken market structure and price returned to OB 1862.5 which seems to respect. 1st Bearish signal will be h4 candle close below 1858.9 2nd signal will be break of 1850.6. This will give us a drop to 1845, then...
1870 is a strong zone from the weekly timeframe. We can see some rejections from the zone already from the daily and H4. If it holds, it should drop to 1833/1827 zone, then 1808, then 1679.6 Levels to watch out for H4 Should close below 1862.67 Next close below 1850.64(Daily BMS)
Gold is very few pips away from the weekly OB at 1872.8. We'll be looking for sells here targeting the retracement. Since it's long term bullish, we'll take buys at 1830/1810 targeting 1900s and 2034 highs. Areas of interest marked on the chart. All the best
We are currently at equal lows or consolidation on H4. There are higher chances that price will drop to the daily OB. We will take short term sells at the H4 OB and Long term buys at the daily OB. Target is 127.80
2 possible scenarios. Gold has a strong bullish momentum but it's approaching a critical level at 1828 zone. That zone is a strong monthly resistance. But something interesting is that we have some equal highs at that level, meaning too much liquidity is lying there. There's a possibility therefore that Gold might rally to 1870 before dropping. Seconf scenario is...
After perfectly obeying the weekly OB at 158.87, we have started to see GJ dropping. There are 2 scenarios here; One, it'll drop to the H4 OB at 153.53, then rally to 154.68 where we'll take sells. Alternatively, it'll rally to 154.68 where we'll sell. All the best
It has formed equal lows and it's very possible for smart money to push price down further to take liquidity for pumping up more. POI for buys is indicated on the chart
I think GJ still got some room to the upside around 159, reason is that it formed that zone there, consolidation with equal highs. kind of a resistance and support zone. Stop hunt(liquidity) has occured on the downside and is currently on a beautiful OB on M15, Higher chances it will rise from there to go grab liquidity above.