carza96

carza96 Updated 

this is my first attempt of studying a chart with this strategy.. i think the consolidated area is not going to stay for a long time due to the long pullback of leg 2.. anyway there is a chance of selling at the moment although for 100 pips or even less

carza96

moving in a consolidation zone profit ahead in long and later in short position( if harmonic pattern won't be violated. tomorrow i'll probably post the analysis with elliottwaves

carza96 Updated 

In my opinion gold is going to create a "bearish butterfly pattern" Yesterday i published the same analysis for this chart but a bit less precise.. so it's just an improvement of a similar and previous work. I have also included stop and take profit

carza96 Updated 

use of patterns, downtrend channel and indicators ( especially macd 15-50) show the return of an uptrend movement. the support ( black line) was tested and in my opinion now we have to buy

carza96

gold is moving in a consolidation area; this means harmonic patterns creation bearish pattern (butterfly type)

carza96 Updated 

eurjpy looks like to move in a consolidate area. it's an ascending channel rsi is rising

carza96 Updated 

short now. i couldn't create harmonic pattern with precision due to lack of time. eventually write the level under my post :)

carza96 Updated 

2 bearish patterns the smallest shows the possible breakout of the actual resistance. the biggest could support the idea. green line for take profits. use a stop profit on the smallest pattern. in this trade is important more than ever p.s on the other side i draw the red arrow as an other dynamic resistance more info in next hours

carza96 Updated 

potential bearish crab pattern in a consolidated area level of reverse trend for short position: 1,25135 take profit at level 1.24330 or 1.2425

carza96 Updated 

study of harmonic patterns on different timeframes suggest,with the consolidated area, that the red bearish pattern is following an up trend. Reverse trend is expected approximately at level 1.24760/80. have a nice trading!

carza96

check rsi creation of short position in an hour (entry level 6.91580) green line take profit bullish pattern

carza96

bearish patterns (2) possibility for a head and shoulders structure. otherwise the consolidation area will continue in down trend rsi is rising up p.s the trend should go up due to bullish candlestick patterns ( you can see it on timeframe 5min); "for this reason the next candle should be a green one"

carza96

check the previous post on silver. forecast seems to be confirmed. and..

carza96

TIMEFRAME 2H: pattern bearish and possible pattern bullish rsi is going up again take profit levels

carza96

study case ON DIFFERENT TIMEFRAMES 4h: -pullback completed after neckline breakout. using the neckline as a level of support -rsi is rising again 2h: -candlestick pattern bearish. The chart has created 3 bearish soldier (in my opinion) 1h: pattern bearish completed I've also included stop profit levels but i'm not so sure about S2. constructive critics are...

carza96

checking the following points: dynamic support (light blue line) __> breakout short till 16.135 ( resistance and support level in the past) dynamic resistance ( dark line) ___> (breakout buy 19.992) the RSI is rising 04-10 -21-10 following the previous pullbacks (x buy position) i'm just a young trader and this is my first post i welcome your constructive...