Silver is trying hard to put in some lift off but so far, I see weak BUYING PRESSURE following the break of those two objective trend lines drawn(Black) The red trend line is yet to be broken, so I believe the last lows(double bottoms) would be tested once more. Note: The Trend lines follow some valid definition.
A goldmine of opportunity. 1.Definitive Trendline 2.Double top 3.Trendline breakout 4.Retest.....???? If this fails, and it rallies, I'll look for shorts at/near/around RED ZONE. With patience, an ant could be bisected . - An African Proverb ^_ ^ MooreKapital Building Stable Wealth With Patience.
The CONTEXT Is About Right On The Main Analysis Chart. I'm Just Refining The Setup For A Great Trade. MODE Is Building On 4H Need A Single Price Bar , The Signal Bar, To REJECT The MODE In The Direction Of My Trade. See Attached Chart For BIGGER PICTURE ANALYSIS. MooreKapital Building Stable Wealth With Great Patience! Working To Make My ...
1. Lower Low Major Trend Reversal Setup (LL MTR) 2. Trend line was broken 3. There was the initial minor rally.(DBOL) 4. Price dropped from there, and did the first selloff that normally seeks to retest the sell climax (SX). There was overshoot in the test, thereby producing a LL MTR. (A Low that sought after parity. ( I remember holding this trade for 4days ,...
TREND: Generally, gold is in downtrend RESISTANCE ZONES Red Above SUPPORT ZONE Sea Blue Below
Analysis on chart Inner TL BO UBOL LH MTR POSSIBLE TARGETS: Outer TL //2.03900-2.0050KEY ZONE Another Key Zone @ 1.887500-1.93000 MooreKapital Building Stable Wealth With Patience Sharp!
Two Entries 1/2 of Normal Risk per trade =Instant Entry Other 1/2 = Sell Limit Stop Above Key Resistance Zone
Not Much to say ^_^ I think 90.0000 - 88.5000 ZONE is once again proving a ceiling to price Next: Price is building a nice MODE, following a clean 3-bar rejection formation @ the zone. I'm a seller upon price disconnection from the mode. Until then, No trade. MooreKapital Building Stable Wealth With patience. ;)
TREND Main Trend is down SUPPORT/RESISTANCE ZONES Key S/R zones based on ideas from TIME AT MODE METHODOLOGY(Courtesy Mr Tim West) 60.00 50.00 and 40.00 SHORT TERM STRATEGY Price is currently being coiled up in a box, Therefore, ( Buy Low Sell High =Scalp Strategy Activated) LONG TERM STRATEGY Main Trend is down but at the right signal, this could...
Im a Trader w/ few words ;) KEY ZONES+TIME AT MODE www.tradingview.com
Analysis On Chart: MAJOR PRICE PIVOT ZONES(KEY ZONES) captured MooreKapital Using Simple Stuffs And Doing Less To Build Stable Wealth ;)
No much words. I love to do things intuitively. Shooting star on Thursday: Hammer on Friday = Confusion Until we break out of this, it's a short term play IN CONCLUSION: ITS A CONFUSED MARKET, And for the sake of Investors hard earned Capital, I'll look where there's clarity ;)
Lets consider that all legends on this chart, the price and time axis were stripped off. Would you be able to tell which instrument this chart represents....??? Very well, IBM Corp is an American multinational technology and consulting corporation, with headquarters in Armonk, New York. IBM manufactures and markets computer hardware, middleware and software,...
Refer to my GBPUSD Daily Chart Forecast in attachment ;)
NEAR TERM TARGET 0.6200000 But I see lower upon successful break of 0.62. I'll be selling rallies Quite A similar move happening on AUDUSD. However, AUDUSD seems to have more room to the downside. I had an earlier short @ 0.63314, which I'm still holding. I also I added to my short @ 0.64261 when price rallied ...
MY PLAN: I'll go to 4H and expect a break of 1.550000 , and allow price to say that its a resistance now. My Target would be 1.52 below CONSERVATIVE STOP: Above the Daily HPR duo AGGRESSIVE STOP: Above the 4H HPR signal TARGET 1.520000
Most important resistance = 1.145-1.15 zone Until we break above this, I'm siting on my hands. Looks we're stair-casing higher though MY PLAN: Buying once we go above this ceiling and reject it