WE SAW A PUSH TO THE DOWN SIDE AT THE BEGINNING OF THIS WEEK. STILL IN THE SAME WEEK PRICE RALLY BACKED UP AN BROKE THE 1.53350 RESISTANCE ZONE. LOOKING FOR A LONG SETUP AS LONG AS PRICE STAYS ABOVE 1.5335O. ENTRY: POSSIBLY 1.53489 STOPLOSS: 1.52898 (57 PIPS) TP1: 1.54429 (93 PIPS) TRADE WITH PROPER RISK MANAGEMENT GOODLUCK LIKE AND COMMENT BELOW
STILL SHORT BIASED ON THIS PAIR. A PRICE BREAK BELOW 1.66500 WILL TRIGGER ME INTO LOOKING FOR SHORTS SETUP. ENTRY: POSSIBLY 1.66500 STOPLOSS: 1.67600(119 PIPS) TP1: 1.64200 TP2: 1.63250 TRADE WITTH PROPER RISK MANAGEMENT GOODLUCK!! LIKE AND COMMENT BELOW.
ITS A SELL BIAS FOR GOLD. LOOKING FORWARD TO JOIN THE SELL TREND IF I GET A RETRACEMENT BACK O THE PRICE LEVEL 1770.00 AND A 4HR CANDLE CONFIRMATION . ENTRY: POSSIBLY 1770.00 STOPLOSS; 1794.815 TP1: 1727.285 TP2: 1680.159 TRADE WITH PROPER RISK MANAGEMENT GOODLUCK!! PLEASE DROP A LIKE OR COMMENT IF I AM OF HELP TO YOU.
PRICE CURRENTLY AT THE 1.20700 . THIS LEVEL HAS PREVIOUSLY SERVED AS A SUPPORT FO PRICE. LOOKING TO GO LONG PLEASE WAIT FOR A FOUR CLOSE FOR MORE CONFIRMATION ENTRY : POSSIBLY 1.20700 STOP LOSS: 1.20224 (50 PIPS) TP 1: 1.21522(75 PIPS) TP2: 1.22190(145 PIPS) TP3: 1.22657(195 PIPS) TRADE WITH PROPER RISK MANAGEMENT. GOOD LUCK. PLEASE LIKE AND DROP A COMMENT IF I...
TRADING CONFLUENCE 1. on the monthly price clearly rejected the 0.9200 resistance zone 2. on the daily we can see price in a broadening wedge and inside the wedge price currently is in a channel 4. price has broken the four hour trendline waiting for a retest. your comment and likes are very much aprecciated
TRADING CONFLUENCE 1. On the daily time frame we can see that price is in an asymmetric triangle 2. The daily candle closed out side the the asymmetric triangle 3. Closing outside the asymmetric triangle does not guarantee a breakout we must see a retest 4. On the 4hr time frame it becomes clear that price has broken the 0.69200 resistance level now turned into...
we saw price clearly rejected the 12250 .00 zone and dropped back to the 10000.00 support level completing its retracement after the impulse move. now we have a 78.6 retracement so I do expect price to move up at least back to the same high that's the 12000-12250.00 zone.
gold is back to the 1850 price range where it took of last time from looking to go long back to 19250 where it rejected last week a possible break above 19250 i will target the previous and then anticipate for a big drop. your likes and comments keep me posting Have a nice trading week
last week we saw price broke above the 0.69200 resistance level and now finding support on it . i did fib the impulse move and found out the retracement leg matches the 38.2 fib level so i am in for a long till the 1.27 extension. your likes and comment are appreciated.
price clearly rejected the 1.20000 price level and fell the 1.17600-1.17500 support zone failed to hold. looking forward to a retracement back to this zone as to start the ABC pattern. The overall bias for this pair is short
YOUR LIKES COMMENT AND OPINION ARE NEEDED PLEASE SO I CAN PUT OUT MORE SETUPS
PRICE IN A WEDGE MUCH REJECTION TO THE UPSIDE LETS SEE IF WE BREAK THE WEDGE THIS WEEK .