withoutmercy
Price just up and down same zone, we will definitely see break out so as long as the price stay on the zone, I don't want to get involved. We need convincing candle out from consolidation to ride with it, waiting mode activated
on the daily adhere the trendline and now give confirmation that it is good for sell
Trendline break after correction , aim for last low
Consolidation followed by strong rejection which created Higher low. Aim for 1:2 R:R, if market give some retracement, it would be better entry
A price running in steep trendline in an impulse has to pullback. The impulse is the direction that we need to take so in this case we are on short mode. I would be interested in shorting if a pullback to create right shoulder or retest of of supply level as shown on the chart. At this time, no trade
I see this pair move in amazing fibonacci sequence, look how price touch 1.272 extension then retrace , now arrive at 1.618 and retrace. Depends on how far the pullback, later we can make a good target to achieve after retracement. Ideally a higher low would be our area of entry, so watch out, this pair has big potential to the upside. Patiently waiting mode now
Hit resistant and very small bull candle after breakdown and sign of exhaustion
Ultimate Daily resistant where I expect retracement from strong upward move
Market has been bullish and and this is the second opportunity to catch price back to EMA on 4HR chart, this is a good trade following my rule for continuation.
Good Squeeze and good level of resistant to give us confirmation that the level is holding
with USD finding resistant, XAUUSD at good support level so I take this trade
After that long bullish move on daily, it still in correction phase, I assume bullish flag formation which at some point have to stop at the lower channel and begin the upward move again. The question is which area of demand we need to consider for the beginning of the upward move?
price back to the level for a retest, this is my ideal set up for taking reversal
Price back to important supply level. In order to take short entry I will wait for sign of resistant at the zone and let price do retest to confirm it. An impulse would be great confirmation, wait for update
Right now is at buy zone on daily so our job is just to wait for impulse to get entry where we can look for 1.70000 as target
Back to dropping zone, watch for sell opportunity
After hitting resistant and flat , it seems ready move down from resistant