


opfx_trader
Brain storming . Double top candle stick formation.will it paly out or not, lets wait and see... Already in shorts.
lets see how this market plays out. Its a really simple chart and clear to see where the market is heading. Spot on retracement at the 0.382 fib level, followed by a bullish engulfing candle signaling further up movement. we seem to have started on wave 2-3.
Looking at the weekly timeframe, we can see that the market has come back to a key weekly support area. We can see that the market has been supported when it dropped to this area and we might see the same case apply as the market is currently back to the same area that previously offered support. Using a trend line we can also see that the market is currently in...
Next daily candle close will give a sence of where the market will be heading.....
its a long way down will see how it plays out in the coming months....swing all the way down.
gold to swing all the way up. swing trade for sure ....... might take some time but will see it hit by first or second quater of next year
After completing the impluse wave 12345, looks like the market is in a corrective phase abc.... lets see how it plays out. swing trade down to around 74.500
Long term gold outlook. once we hit or get around 1800 mark will see a retrace ment back down to the 1550 support zone. This is a future outlook of gold coming close to the end of the year....
the market kas been trading above the minor support zone highlighted on the chart. still in a consolidative state but fundamentals today will most likely push the pari further up.
Head and shoulder formation with clear break of the neck line zone. The break by the previouse H4 was confirmation of move to the downside......
BRAIN STORMING....looking for price action on the H4 time frame to enter short.....
currently at weekly support that has held strongly in the pas and according to price action on the H4 time frame, strong up trend is expected......after the strong bearing move the the support zone we are currently at, retracement to the up side is expected. brain storming on this one......valid trade for me as all my rules are met o this one... we had looked at...