manqoz786

manqoz786

A good trade.TP HIT

manqoz786

MY 20 EMA IS ABOVE 50 EMA SO WE TRADING WITH THE TREND(UPTREND) WE HAVE A 1-2-3 PUSH AND PRICE HAS TOUCHED THE 20 EMA AFTER THE MOST PREVIOUS SWING HIGH AND BOUNCED OFF.20 EMA PROVIDING SUPPORT AND BROKE THE RESISTANCE OF THAT SWING HIGH.ON THW 4H TIMEFRAME ,WE HAVE A RED CANDLE PUSH DOWN,A HAMMER AND A GREEN CONFIRMATION CANDLE THAT THE MARKET MAY PUSH UP. I...

manqoz786

PAIRS THAT MOVE TOGETHER AND OPPOSITE TO EACH OTHER.,HOWEVER DO LOOK FOR PROPER ENTRY AND EXIT POINTS WHEN TRADING THEM.

manqoz786

WILL SHORT AND THEN BUY

manqoz786

SO PRICE HAS BROKEN THE TOP OF A DESCENDING TRIANGLE AND REACHED A RESISTANCE AREA...PRICE SHOULD RETREAT AND RETEST BREAKOUT AREA...HOWEVER THIS MAY BE A FALSE BREAKOUT A PRICE MAY EVEN RETREAT LOWER.WILL HAVE TO CHECK IF THERES ANY BULLISH SIGNAL AT THE RETEST AREA.PLEASE GIVE ME A THUMBS UP IF YOU LIKE MY IDEA.

manqoz786

UPWARD TREND LINE WAS BROKEN ON THE 4H TF AND SUPPORT HAS NOW TURNED RESISTANCE AFTER BEING TESTED.CAN ENTER THE TRADE IMMEDIATELY...JUST A THOUGHT.SIMPLE BREAK N RETEST STRATEGY USED.PLEASE HIT A THUMBS UP IF YOU LIKE MY IDEA

manqoz786

PRICE HAS BEING RISING AND HAS CREATED A CHANNEL WEDGE WHILE DOING SO.WE HAVE REACHED A RISISTANCE ZONE/LEVEL.PRICE MAY DROP TOTHE 1815 AREA BEFORE IT MAY RISE UP AGAIN TO HEAD TOWARDS THE 1850 REGION WHERE IT MAY BREAK THE SUPPORT WHICH HAS BEING BROKEN,BREAK AND GO HIGHER OR TEST AND FAIL TO BREAK AND DROP BACK DOWN. WITH THE VACCINE FOR COVID AT OUR DOORSTEP...

manqoz786

ON THE MONTHLY TF PRICE HAS RESPECTED THE 50EMA AND BOUNCED OF ONCE TO GO HIGHER.PRICE IS CURRENTLY AT A RESISTANT ZONE WHICH HAS NOW TURNED SUPPORT.ON THE WEEKLY TF PRICE IS CURRENTLY AT THE 50EMA AN PRICE HAS RESPECTED IT TWICE BEFORE,BEFORE GOING HIGHER.SCALING DOWN ON THE DAILY TIMEFRAME,PRICE HAS BROKEN THE SUPPORT OF A DESCEND TRIANGLE AND HAS NOT YET BEING...

manqoz786

A nyc falling wedge on the 3h timezone..

manqoz786

So price has almost reached the daily uptrend line and a falling wedge has being formed on the 1h timeframe..my idea is to enter around 1897 with a tp at around 1930...just an idea

manqoz786

From what i see the idea that comes to me...4h timeframe has a rising wedge....Resitance @ 1967 should be broken and retested. Price may head towards 2075. Im a newbie. To the experts please may you comment and tell me if im going wrong somewere. Thank u

manqoz786

My thoughts...gold may bounce of support at 1925 and hear towards resistance at 1968(tp1)..it may then bounce off and head towards support at 1945....it may bounce of and head towards the 2085 mark or break and head towards the 1880 mark.