If it breaks my 50% to the upside I go long if it breaks my neutral zone to the down side I go short , daily structure is bullish
Euros had not been so weak before US dollars in a long long time, key zone in the daily chart was broken, next target is 60 pips away, depending on what it does near 1.106 that is how I may decide if I continue shorting or go long on this pair , let's keep an eye on it
Neutral bullish zone has been broken through , I am going short on this one already
Easy piece: market sentiment is bullish, price has been moving in the daily and H4 charts above the 100 & 200 period SMA's , the market may test one of these SMA's before we see the fimathe 50% level breakthrough to the upper side, there is also a possible harmonic bearish pattern being shaped at the moment in the daily and H4 charts for this pair
50% broken to the upside after the market retraced to confirm the bullish channel structure has been and will be respected , I expect at least 80 pips to the upside if not more
neutral zone has been broken twice by H4 and M15 strong candles, I am expecting a short on this one, this pair looks very overbought already
100% neutral zone was broken through downwards, its time to go short on this one
market sentiment is bearish now in this timeframe, if the market confirms a break out of the 50% fimathe level I go short but there is always a possibility for a long
Market structure is bearish , there is a high probability for the market to confirm the sell I am waiting for if the fimathe 50% level is broken through downwards but as always if the market decides to go the opposite direction I will take the long move as far as the neutral zone is broken upwards with a sharp and strong move out of the neutral zone
market structure is what this game is all about
Structural analysis based on what GOLD did in very similar scenarios back in 2011, 2012 ans 2014, check out the market historical data, if it did once it may do it again
FIMATHE LEVELS ARE MAGIC! market closed yesterday @ price 1290.52
Bearish retracement was completed today which started 4 days ago, the market now has turned around and needs to make a higher high near 85.000 which is the last important level of sales in the market structure
Head & Shoulders inverted pattern
Movimiento bajista, formacion triangular rota a la baja, posible take profit de 170 pips del precio actual 88.746
Bullish channel , bullish impulse, take profit is based on the last highest high above 1328.00 , XAUUSD has already retraced enough in order to supply offer and demand , now it needs to make a higher high which is going to be higher than the last high on 1328 in order to continue with the bullish channel structure
Bearish structure failure, currently looking for a higher high than the latest low of importance in the down trend which has been just broken today
This cross has already presented a failure of the bearish structure, I believe it is ready for a mid-term buy right now, I am waiting for it to go across a safe zone so the buy can be firmly confirmed