The market recently turned bearish to continue the trend but was met with a level of support on the higher timeframe. Looks like price is currently retracing. If price begins to form resistance on the 30m TF, there could be a possible retest of the low. If not, price can break above and continue to move bullish. 1. Price has formed support at a major level on the...
Gold Had a bearish move throughout the London session. It has broken structure and looks like there could be a possible continuation. The best setup will be to wait for the 4H candle to close to see if price will form support, or close back within the range to possibly continue bearish. Waiting for market volume to determine my entry.
Price has been trending down all week, but now price is currently at a strong level of support leading up to NYSE open. If price fails to break and close below 34250, price can begin to reverse and go bullish. But if price continues to break the lows, then it can continue bearish until 34095 and then 33880 1.Price is currently trending bearish 2. Structure has ...
Gold is currently trending bullish due to the Ukraine news and the overall market sentiment. Price is currently retesting a previous level from which price broke out from and I am expecting a bullish continuation if price continues to respect structure and break the previous highs. 1. Price is currently bullish 2.Price created a high/ possible retest level 3....
Price is currently ranging but if price can break and close above or below the mapped out price points, price can continue in the direction with market volume. Price is reacting to the Ukraine news. Overall the HTF looks bearish so they might be in favor. Overall trend direction should be known once the market opens.
Gold has reacted to the Ukrain news from last night and has been moving bullish. Price is currently consolidating and a pullback might happen before a continuation to the upside. 1.Price is currently bullish from news 2. Price has formed support 3. If this 15m candle closes bullish above resistance, the next candle can continue the bullish momentum until 1892.90
Bearish continuation to test the bottom of the range
US30 is currently in consolidation the 4HTF looks to be bearish. If price breaks below it can continue bearish, if it breaks above it can continue bullish
Gold is currently trying to continue the bullish momentum. Price has formed a higher low and is currently establishing support above 1852. As long as price respects the trendline, it can probably retest 1860.70 and then 1869.7 1.Price is currently bullish 2.Price formed support along 1852 3. Price broke below structure but found support above 1852 4. Price is...
US30 📊 📈 can continue bullish if it can break and close above the level of resistance at 35000. This is a strong psychological level for price to break and then continue bullish. I think price will build up momentum leading up to market open at 9:30am (NYSE Open) to then continue the bullish momentum 1. Strong bullish move to create a higher high 2. Price...
Overall trend is currently bullish and this bearish move down could just be a retracement. Price has rejected the 200 EMA and also created a wick rejection. Even though the market structure was broken, I think there will be continued bullish momentum. 1. Strong bearish candles/momentum 2. New low was formed 3.Price broke market structure 4. Price being supported...
GBPJPY can possibly continue its bullish momentum leading up to NY Open at 8:30am 1.Price was in a strong level of consolidation 2. Price broke out from the range into this new range 3. Price has formed support from the previous levels of resistance and also along the EMAS 4. If Price breaks above 156.90 it can continue bullish until 157.50
US30 tanked last week and I don't think the damage is done yet. I think price can continue bearish once market open volume enters the market. If price begins to breaks its lows, price can continue bearish. 1.Market broke structure. 2.Price formed a low 3.Price is rejecting level of consolidation 4. If price breaks below34610, price can continue bearish to...
Gold was affected by CPI yesterday and made a bearish run. I think price is beginning to retrace some of the momentum from yesterday. I think price will retest the level of resistance at 1835.28 before rejecting
Yesterday price tanked after the CPI News, but was met with a strong level of support. I believe that market open will be bullish to retrace some of the move from yesterday before continuing its bearish move. I am waiting for market open to determine my POE.
There was GBPJPY news earlier this morning at 4am and as you can see this caused a strong bullish move to the upside. Waiting for 8:30am to see if US news will have an effect on this pair. Right now price is in a range but once the range has been broken it can possibly continue the bullish momentum or retrace the entire move from earlier this morning. 1. Strong...
Gold is currently range leading up to the CPI news at 8:30. Not sure how this news will affect price but it looks like the bears are ready to take control. We will see what happens at market open. 1. Price broke from consolidation 2. Price formed a new high 3. Resistance has formed here, and price rejected 4. Support has begun to form at the level price recently...
Price is currently in a bullish trend. Right now price is consolidating so I am waiting for market open to bring volume. Today is also CPI news..not sure how price will react or if it will react but we will see. Waiting for price to break above the level of resistance to continue bullish.