Expectations based on the structure of the market. Xauusd may pull toward the bullish highs of 1780 before Or during the newyork session. Looking for an entry at the close of The next strong bullish h4 closure. Note: this is a 90% win rate speculation leaving room for 5% failure. The analyst will not be held accountable for any trader folowing this...
SHORT SCALPS On the lower timeframe within the hours of the London session, Gold is mostly calm in movement and very collected in its target reach. Market structure at this point seems quite interesting a methodology to use in uncovering the hidden determinism in its seemingly random movement. Got Gold on 1minute and 5minutes TF for a 50 pip buy with a risk...
GBPUSD has been in a bullish trend on the 4H recently, visible by the direction of the trend-line marked out. Significant HH and HL points have been marked out beautifully following the structure of the market. Now on a breathing spree, traders are battling themselves on what direction market is going to take at this juncture. Nevertheless, presented on the...
Gold's current bullish trend may extend on to 1900.00 and beyond. Current GOLD market price consolidation (formation of bullish flag) may be a significant catalyst to the rise in the price of the metal.
GOLD'S RECENT CLOSING PRICE SIGNIFIES A BUYING PRESSURE IN THE MARKET WHICH MAY CAUSE THE PRICE OF THE COMMODITY TO RISE TO IT PREVIOUS SIGNIFICANT HIGHS 2000.00 CLOSING PRICE 1930.00 AREA, TENDS TO TAKE OUT RECENT SIGNIFICANT HIGH 1913.00 AREA CAUSING A CHANGE IN MARKET STRUCTURE. THE CURRENT CLOSING PRICE ALSO SHOWS A BREAK OUT OF A TREND ON THE DAILIES CHART...
Gold getting ready to move on the ups . Currently sitting at PRICE 1464 area, possible bullish move could drive GOLD to 1475 area. Traders should look out for signs of weakness and carefully read patterns to find a good entry.
EDUCATIONAL PURPOSE- FOLLOWING THE WAVE (after the sterling settles on strength.
EURUSD just hit a major trend line . On the weekly, it could been seen as a falling wedge. Price is expected to rise from the 1.1000 area and possibly breakout on the top side. However, traders should be careful trading around this major zone as there could be manipulations by market makers such as stop hunts. Have a wonderful trading week #Cheers
EURO against the AUSSIE (EURAUD) is readying it break from the major daily support 1.6300 . Price may creep or gallop (depending on market conditions) on to the 1.6100 previous daily support before finally taking off back to the neckline for the bigger move. However, traders should be cautious while trading this pair as market makers may be a candle stick away....