Gold is bearish but due to Price action and Fibonacci Retracements it might go up a bit before continuing to the downside TP: 2166 Happy Trading!
There are a few levels I am looking at before entering a BUY trade on Gold ( Scalping) New Support level 2150 Minor resistance level 2166 As a price Action Trader, I will look at how the market goes and if it goes according to my prediction as outlined on the chart then a Buy trade will be taken. Price needs to reject the 2150 level at least two times before...
Price rejected the 17982,12 Support level two times creating a possible Double bottom
According to price action strategy combined with resistant and support levels, I think NASDAQ will fall till 17199.81 price level before continuing to the upside. this is due to the following reasons: on H4 price has rejected the 18049 level creating a new resistant or High, it the fell back to 17613 level then it continued to the up side where it failed to break...
According to Fibonacci retracement and price action we are going long. the 6 top companies of NASDAQ stock has been falling but we expect a short term buy reversal according to price action. all the best!!!
As you can see in the analysis NAS100 has moved to the predicted level. We will be looking for another entries. It might go short in the next week but lets see how the market moves!!
We are still going short on NASDAQ. A follow up on the previous analysis
I am looking for a short term sell on Nasdaq. It is still bulling but it will retrace for a short term to the previous higher low then shoot back to break the higher high as the trend continue to go to the upside. I only used trend analysis and fibonnacci retracement zone for my idea
The sellers are still in power, we might have a possible short term sell then next week we will be looking for buy opportunities again.
hello guys, this is my first ever published analysis. I have been a price action trader making profits through my simple analysis of currencies. tell me what you think of this trade idea. I only use support, resistant and price action. AUDJPY will short till 83.026 before shooting up to 85.405. Your comments will be highly appreciated. Thank you!