awan0454

awan0454

FX:XAUUSD COMEX:GC1! I am amazed by how XAU/USD Gold is moving in a channel of 18 degrees on hourly chart. I am a student of market geometry and how often we see such a clear trend, really fascinating! The scenario here is clear just trade the bounce off of the lower channels and we will only be short if market breaks below lowest band on this chart until...

awan0454

From here look for a continuation upward. Look for a bullish engulfing or any bullish candlestick formations here. We are dealing with the m15 chart for intra-day trading only.

awan0454

Watch the Price Action at Resistance Zone between 1.2700 and 1.2777 A pullback is expected from the above-mentioned resistance zone. Watch out for candlestick formations there. For a good entry also take note of lower time frame candlesticks like H1 and m15 for pinpoint entry. If the price breaks out of this zone then it may retest the level for a long...

awan0454

Key areas for Bitcoin/USD Tether Perpetual Futures. Take short now. Next Decide according to areas drawn on chart

awan0454

people often talk about keeping it simple. Look at this and you will agree that it can't get simpler. Here is a breakdown of the XAU/USD Gold chart into key support-resistance or demand-supply zones. You can still trade these zones, at your discretion of course. In my private consultancy, I forecasted these zones way earlier. These zones are still valid in the...

awan0454

XAU/USD has just fallen to an important support zone. Look for buy here as shown on the chart. Due to lack of time no long description. Will describe in comments later.

awan0454

XAU/USD Gold Possible Short Entry If This Resistance Zone Holds. Its waiting for US Data release today. We can not be sure about data However technicals are very much favorable for a short entry here. The Levels are highlighted on charts for reference. Its a key Resistance zone Gold is facing from yesterday and still not able to push it through. It might just push...

awan0454

here is a more precise and current view on a shorter time frame for deciding whether to take long or short from here. watch out for bearish candles at this area. It it wants go any higher it will penetrate trough and then retest this area for long entries.

awan0454

Its already in a resistance zone which looks like it will break. If it does break this current Resistance zone we are in right now this is if it breaks the 1828 level then 1835-40 is an importance resistance from where we should look for short entry. But only after candlesticks confirm so as well. when we refer to a support or resistance that level is to be...

awan0454

Enter Long here with Stops just below this support zone I have mentioned on chart. Our Short Entry Just hit the target today. Its good time to enter long now for intraday trading targets.

awan0454

Wait for a Bullish close here on hourly chart or for more accuracy wait for break of this zone we are in right now. We shall most probably get a chance to enter long or short on retest of this zone. As of Now it looks like GBP/USD has lacking volumes below this level. It might just go bullish from here. I am talking about intraday sentiment only.

awan0454

Key zones for EUR/USD trade Price Action at these very important intraday levels.

awan0454

GBP/USD is heading towards first support level nearby. From there it can bounce higher or may penetrate through to retest the broken support and continue lower. I my self took the short trade which it did not get time to post for you guys. Now we can probably trade at next support level.

awan0454

Gold is potentially heading towards next support level from where it can bounce higher or may go through the support and then retest it later. IF it gets higher from here then resistance higher is the first target.

awan0454

We have a potentially high risk to reward ration trade setting up Gold climbs up towards the resistance in a hurry. It will give us a parabolic move downwards as Gold does most of the times. Our Stop loss will be right above the Resistance.We have another resistance area ahead of this one I will cover that in my next idea.

awan0454

Take Action on these areas after confirmation with candle stick formation patterns . Use Shorter Time Frames like 15 Minute to take entries on retest of a breakout or rejection of any of these areas mentioned on the chart. Don't ever predict the market let it print the evidence for you to take a position. A retest on shorter time frame is always the...

awan0454

Just Trade the Price Action on these key areas with some money management . Don't predict the market rather follow Let the price tell you what it has to tell you. A Support or Resistance is only broken when it's BROKEN . and you will see that only after it actually happens. For taking the entries only use shorter time frames like min.15. After a...

awan0454

Practically Trade able Support Resistance Zones for Gold ( XAU/USD ) . Take these Reference Points onto your charts and then trade when opposite candle stick(s) appear on 15min or 1 Hour chart, its your preference. Set the next zone as your Profit Target and the opposite edge of the zone (box) as your Stop Loss. Hope it helps. If you find my work useful please...