Gold has been in a range for a week between 1975 - 1960 near the double bottom on the 4hr time frame. Would need a break above and close for momentum to continue you with buying pressure. However, Sellers look like we have maybe taken control without a close above today's candle. I'm expecting a short term retracement
Nas100 just completed a new AB boundary and showing signs of resistance near 14500-14750 Momentum is slowing down. We can expect a 23% to 32% retracement in the near future
EUR/USD Expecting a short term sale off at the beginning of the year, The Dollar has weakened however, it will recover short term before continuing to the downside. expecting EURUSD to retest the last higher low to form a new support in between 1.03-1.04
Bitcoin Cash is currently on sale at a very discounted price. We are in a fallen wedge. All time lows are 79.$-80.$ range. and We have maintained that level. Be expecting a break and retest to the upside.
Potential Bat Pattern set with a retest of the daily supply area. Along with Market exhaustion @ the .886 We are also in a sell zone with the break of a trendline Looking for sells on the lower time frame for a entry point.
Waiting for a confirmed high! Once that happens, we are looking for shorting opp for retracements targets .382 & .618 However, have tight stops due to the trade war
Bullish Gartley pattern 1,hr, 4hr, D, Alignments Tp point/Key area's are the .382 of Fib Retracement from Point A to Point D
targets are fib retracement .382 and .618 of C=D looking to retest higher lows in this consolidation .900 and .87 range
consolidation in the range of .885 - .900 Looking for market to retest the lower highs. targets .382 and .618 from C=D fib retracement
First Target Hit. Regaining strength to take out tp 2
Major trend line was broken on the week chart when price failed at the 113.5 area then retested on Monday to complete the D completion at the .786 Retracements then U-turned to hit targets. Sorry forgot to post this trade. but still look for shorting opportunities down to the 111.5 area
Entry point triggered at Monthly Resistance as well as D completion of the Bat patten Targets are at the .382 and .618 retracements
-Probability of An inverted Head and shoulder -Market may hit the .382 retracement( TP1)and retrace down before retesting it -If if break through this I will be expecting it to go up to 0.50 retracement to complete the formation of the head before it pulls back.Remeber that was a previous resistance and support. -Market May retrace down to begin forming the...
TP1 Hit.Stop loss did not close below the X to confirm this pattern is still valid. Manage your trade from here.
double bottom formed on the day chart around the 1.27 extension, To be followed by a C:D completion to complete a (potential) Cypeher Patten to retest market highs.