Price just Came from a period of consolidation and is retesting that value area. Great indication that this stick could push up.
CORRELATION WITH THE MARKET INDICATES GOLD BUY, I'M LOOKING FOR POTENTIAL PUSH COME ASIAN OR CLOSE OF US MARKET.
Potential sell coming up, possibility for price to break the current trend and come down. Price at a resistance zone, and price could be in a wave pattern, where the next sequence is for price to come down. Awaiting to see, will take profits at each zone downward.
Price retest best opportunity for a push to the upside. I'm thinking that if price pushes above fixed range than it might go the distance. So if it pushes past 23360 area, Im going to set a break even due to current market conditions. I'm taking 1st partial at 23420 150+ pips, where there was the highest volume was, might be an area of resistance still.
Price looks ready to continue the reversal best entry should be a retracement to the zone. if all goes as plan should go a full 90 pips, but im thinking of capping out at second tp zone
Price looks like it's going to form a double top at a supply, and price looks exhausted. It took a whole two days just to push to form a near equal high. That and there's imbalance just before the previous consolidation area. Price has to come back to balance this area out. Price is within an Up-channel and previous resistance is at a Major Quarter Point of 13000,...
PRICE REVERSED POSITION AND BROKE ABOVE DAILY, THATS FINE TOO. TAKE SOME PIPS THAT WAY TOO.
lOOKING LIKE A DAILY SELL OR AT LEAST A 4 HOUR SELL. THIS COULD BE A GOOD OPPORTUNITY TO SELL 100+pips IF PRICE BREAKS BELOW THE DAILY ZONE. "Only time will tell, will continue searching for clues"
PRICE MIGHT HAVE FORMED A NEW ZONE IN THE 15 MINUTES, COULD BE THE BEGINNING OF THE REVERSAL. SAFE TO ATTEMPT BUT IT'S POSSIBLE IT DOESN'T GO THE DISTANCE. BUYING NOW, LETS SEE " ONLY TIME WILL TELL"..
The 1 hour shows a clearer retracement to the 4hour 50%. Fib help to confirm potential retracemet to same area w/ 61.8 level at the 50% of S&D. RSI showing a flagish pattern that often ends with a bullish momentum, might just build the momentum without ever having to come down the buy limit. Awaiting to see. "Only time will tell, will continue searching clues".
REJECTION FOR A SELL. USE FIBS FOR CLEARER TP IF U FEEL NECESSARY
BUY AT THE BUYSTOP BUT IF PRICE CONTINUES ITS DOWNWARD PUSH THEN SELL AT 1.38740. PRICE MIGHT FALL SOON. PRICE HAS BEEN IN THIS PRICE RANGE FOR SOMETIME IN DAILY, BUT AT THE SAMETIME RESEMBLES A BULLISH FLAG IN THE DAILY, ITS HARD TO TELL. STILL PRICE MIGHT MAKE A FINAL FEW ATTEMPTS TO PUSH HIGHER BEFORE IT FALLS BELOW THE DAILY DEMAND ZONE OR IT MIGHT INDEED BE...
MONTHLY RESISTANCE RIGHT NOW, PRICE CAN GO BACK UP TO RETEST SUPPLY OR IT CAN SIMPLY CONTINUE ITS DOWNWARD TREND. WAITING TO SEE WHAT IT DOES. iF IT BREAKS THE MONTLY AND BREAKSTHROUGH. SHORTING MIGHT BE THE ORDER OF THE MONTH!