looking to buy us30 and just stay with it on a 5,1 ratio have a little look and the level of support and take another crack
just a quick in and out 5,1 ratio I want to sell gold on a short downtrend getting the pull back hitting basically the 61.8 fib level
going short stop loss 1.32734 take profit 1.31566 I think it could go higher but levels are showing strong resistance on the monthly and it has actually not made a higher high as its come to exhaustion.
looking for aud to rise to a fib level at least 50% - 61.80% looking to hit a strong resistance level which is marked using are pivot standards. price is clearly up trending in a bullish market quick analysis to see where we are going any thoughts please comment below :)
I placed this trade yesterday thought I would show you how it played out uptrend retraced to 61.80% it is still on uptrend bullish movement we can see how it plays out
gold is looking to make new higher highs and start to make projection to the upside hit a support line and is looking to break up to the highs weekly shows higher highs and monthly and we are looking to see where prices take us
On a weekly time frame we have started to produce higher highers and lower highs price action is on a phycological level and price is clearly keep on pushing the price up fib level has hit the 50% mark through a wick. and the body closed on 23% which indicates and continuation pattern I like to call these 23. marks little speed bumps looking to creates higher highs.
on a up trend on higher time frame creating higher lows hit a 61.80 fib retracment price action is on a phycological level we will se where price action takes us
LOOKING FOR A LONG \ don't get to greedy with it stop loss in at 38 pips take profit is 161 pips risk to reward is 4.24 in our favour of course get in and out although it has broke structure going bearish its on a retracment so hold until midweek
aud to go long . trade is on a uptrend its looking for movement . always trade with the trend . fib level from relative high to high the retracment hit 50.00% retraced back to 0.00% to 38.20% to price action around 0.72750 which to me is pointing bullish . price action is sitting on 0.72750 which is a phycological numbers . ema on 90 candle sticks is still on...
LONG LINED ON THE 78.60 RETRACMENT LEVEL UPTREND TRADE WITH THE TREND HIT A SUPPORT LEVEL STOP LOSS JUST UNDER THE SUPPORT 0. 72592