rafiko111

rafiko111

We have: 1- An Accumalation ongoing for more than a week. 2- Recent drop rejected the weekly and daily major resistance. 3- RSI 8H showing divergence. -- > IF buyers step in before we reach the previous low, we will have a H&S patern. --> Entry should be on the BREAK of H&S neckline and previous resistrance, then bulls should step in. --> Some gains should be...

rafiko111

AUDNZD just a little more patience and get your ticket to the flight. Price playing on a symetrical triangle in weekly time frame, on a daily time frame we have a bit more noise but the pattern is still visible. Expecting a false breakout from the triangle, which will hit the support highlited and gets a perfect entry. Note: Entry uppon confirmation only + on...

rafiko111

Listed the reasons for taking this trade. I'm personally taking it next week (Not a financial advisor), happy trading all :)

rafiko111

Simple idea to catch the long ride up of the gold. Let me know your toughs. Not a financial advisor :)

rafiko111

Not a financial advisor, My strategy to follow next week. The strategy is based on the rejection of the first resistance, let me know your thoughts.

rafiko111

With today's close, we have a confirmation of a rising wedge which is a bearish pattern. Good luck all

rafiko111

Weekly Time frame perspective: 1- I believe we are in wave 4 (Orange box) 2- Because we have seen a flat wave 2 correction, this wave seems deeper and have a pattern of a ZigZag. 3- In Wave 4, we have seen (B) making a retracement of 50% of the drop (3)-(A), then we started the drop again to form the (C) extension which should finish the 4th wave. The only and...