Gold completed the Anticipated downward movement and I expect a correction around. 1570.00. Area.
Based off price action and Chart pattern, I expected a potential sell on Gold, this Trade Played out Nice at 500+ Pips and Risk Free.
Based of Price action analysis, I spotted a potential sell which played out nice. 2000+ Pips in the Bag.
According to price action from yesterday, the BTCUSD Trade is currently risk free at 700+ Pips. Price is currently below 8,000. If the market goes for a retest of this area, I expect a continuation.
According to price action, I expected the price to complete a head and shoulder pattern which It did while activating my sell Limit which is currently risk free. However, If price closes below 8200, I will consider possible entires for a continuation. I am also keeping a close eye on a potential close of the daily candle around the 8300 area.
According to my previous analysis, price went on a sustained bullish run last week, the Trade hit my 400 Pip TP with a RR of 1;16 I am keeping an eye on this pair for continuation or reversal patterns
According our previous analysis, The trade has been completed as it hit my final TP of 300 Pips, I expect a pull back around this area for a possible trend continuation as the dollar continues to show signs of weakness.
XAUUSD Idea 💡 According to price action there’s a double top on H4 Timeframe which indicates a good entry for a sell stop and my Indicator also shows that there is a possible divergence as price failed to make a High on the MACD.
There’s a Head and Shoulder pattern identified on the H4 Timeframe. The Short is confirmed if price breaks below the Blue line of support.
I posted a potential Short Idea on this currency pair a few days ago Keep an eye for Entries once market reopens.
I’m keeping an eye on this currency pair for a potential short with a sell stop. However, price is also approaching an area of confluence
Based off Price Action, I expect USDJPY to make a Bearish Rally after the Re-Distribution
Based off Price action, I expect price to respect 1.0900 which is a major area of Accumulation as Demand creeps in.
The Price is currently approaching a strong area of support and if price respects this area, we’ll be looking to get in with pinpoint accuracy