Gold is currently at a good support zone. I believe we will see a further move up. Wait for a false break to the down side, followed by a breakout of last high and then buy pullbacks. As of now last high is around 1234.30.
Buy dips near the trend line as long as it holds. Best would be to buy with bullish divergence on the h4 or H1 charts.
Buy dips once 0.7640 is broken to the upside towards the up trend line
Sell the breakout of the up trend line and sell
The pair is already under bullish divergence. I'm waiting for a breakout above 0.7260 and then I will start looking for buy opportunities around 0.7180-0.7220 zone.
Pair is under bearish pressure on the higher time frames and I believe we will see a further continuation to the down side. Look for entries on the h1 chart after pullbacks. Once price crosses above 1.0850 start looking for reversal aiming at least last swing low.
The Daily chart shows a bullish convergence. We now need at least a double wave retrace before price wil complete the second part of this double wave cycle. Price reached 100% FE of the last cycle upwards exactly on a strong Daily resistance level and potential divergence. As long as this resistance holds look for sells aiming 50% FR of the last cycle. Sell the...
Gold Double Wave Cycle sell Idea. As we can find a bearish divergence on the daily chart as long as the red TL holds Gold is a sell aiming 100% FE of the first cycle. TP 1 1241.49 TP 2 1226.87 SL 2 pips + spread above last high.
A setup in 3 steps. 1. Wait for a false break on the H4 chart with bullish divergence to form 2. Wait for a breakout to the upside of the last high 3. Buy pullbacks
Silver is creating a potential H&S pattern. We have a bearish divergence. As long as the red top TL is respected, sell the break of the Yellow TL. SL 2 pips + spread above last high. TP 1 15.50 TP 2 14.88
A three step setup. First i want to see a false break down. Then a breakout of the down trend line + most recent high and for the entry I will wait for a pullback to go long.
If price creates a false break at the weekly top TL sell this pair. If price bounces we have a bearish hidden divergence. SL 2 pips + spread above last high before the yellow line is broken. TP 1 38.2 FR of the last big cycle up 1.92.5 TP 2 1.83
Pair has broken the H4 trend line and it has created hidden bullish divergence. There is already bullish divergence on the H1 chart as well. Conservative long entry would be to wait for the down trend line to be broken to the upside along with last high at 1.2880. Buying pullbacks afterwards should be a good idea aiming last swing high around 1.3000
The pair is currently meeting a bearish trend line from the D1 chart. On the H4 chart if we get a break below 1.9520 try to sell any pullback towards 1.9580 zone.
I'm looking to buy the breakout of this potential H4 triangle. Aiming 1.50 as a target
There is already bearish pressure on the h4 chart. I'm looking to sell the pair once the most recent support zone is broken down along with the up trend line seen on the h1 chart.
I expect to see a second leg higher. I'm looking to buy the breakout of the short term down trend line.
I believe we will see another push higher and this is why i'm looking for double wave corrections on the H4 chart before continuation higher. Wait for price to reach 1.28 zone and look for bullish divergence to complete. 1.2950 could be used as first target than 1.3180