rejoicem76

rejoicem76

Looking to retest 3165 level, very important level since it was broken and never retested. A break thereof might lead to lower levels

rejoicem76

Currently looking at inverted H NYSE:S and also inside channel trading which might also serve as bull flag pattern once broken to the upside. This would mean gold wil be bearish

rejoicem76

I'm currently looking at a new fresh consolidation pattern forming inside an ascending triangle. I will be trading both the supports and the resistance until we get a clear brekout to either side

rejoicem76 Updated 

Ascending Triangle noticed Overall Trend is still bearish Lower trendline broken for further downside momentum

rejoicem76 Updated 

Ascending channel which indicates a bearish flag as well observed. Trendline broken to the downside

rejoicem76 Updated 

Minor descending channel Major descending channel Ranging/consolidating market Channel within channel and a market ranging waiting to break to the upsede or downside. For my two pence I will stick to a bullish DXY

rejoicem76 Updated 

UsdCad is currently posing a bullish outlook ith Dxy following same outlook. One can expect a bullish break once trendline and resistance is broken

rejoicem76 Updated 

Bullish Pinbar candlestick, Daily timeframe Bullish Spinning top candlestick

rejoicem76 Updated 

Currently consolidating but overall bias looking to break outside the parallel channel to the topside

rejoicem76

Well done to US elections, finally we saw the drop we've been seeking

rejoicem76 Updated 

Currently looking into the bearish bias til 2685 or 2600 when the trendline is broken

rejoicem76 Updated 

Technically this pair is currently looking bearish, I have plotted two scenarios there, we have a bearish flag(ascending channel) within a major ascending channel(bear flag). basically we have a bear flag within a bear flag. so im looking to short at the upper trendline or on the defines resistance level

rejoicem76 Updated 

On H4 gold is trading on an ascending channel pattern indicating a bearish flag pattern as well. On H1 trading on descending channel pattern which needs needs to be completed upto 2600 before a bullish continuation

rejoicem76 Updated 

Two possible scenarios given for a bearish continuation momentum

rejoicem76 Updated 

This pair has been seen breaking new highs since Thursday, not looking to short this metal pir as the bull run has overtaken the markets by surprise

rejoicem76 Updated 

Currently trading in a box pattern, a breakout of ATH for new highs which will trigger a bullish continuation momentum or a rejection of the previous ATH thus resulting in a double top for a bearish reversal

rejoicem76

As previously analyzed, on H4 gold is trading on an ascending channel pattern indicating a bearish flag pattern as well. On H1 trading on descending channel pattern which needs needs to be completed upto 2600 before a bullish continuation

rejoicem76 Updated 

A break below 2566 will trigger a bearish short term reversal for this commodity