hello traders . afte last week candle my stance on gold is BEARISH . last week the market was ranging due to nfp the price finally broke the range and closed below 2000s. i think the price will retrace back to the fibb golden zone of the impulse can continue back down. am gonna wait for confirmation on the yellow area and open a short position very very...
Hello traders it looks to me that we might see a bearish reversal of GBPJPY it looks to me that the buyers are getting weak as i showed in the rsi but also the bearish retracements are getting stronger and stronger. if we break bellow that yellow zone the bearish reversal is confirmed !
the truth is the direction is unknown but technically we can see signs of a possible pullback.
hello traders gold formed an inverted head and shoulders on a resistance that turned into a support after the break out . if the price manages to break above the yellow zone we might see a possible bullish continuation. RSI is also giving bullish reversal divergence.
Hello guys it appears that gold is in a range if the price manages to give a bearish indication on the resistance i will be looking for a sell if the price manages to break above it i will look for a buy . both trades are possible both have good Risk to reward but i think the break out is more probable since we are in a bullish trend. trade safe
Hello traders , gold broke a strong resistance on monday with the daily candle closing above. the market has been ranging since . with the weakening of the US Dollar to me gold may still push to the upside there is alot of potential. if the price manages to break above the range with an hourly candle id enter on a retest. but the safest entry is to wait...
hello traders this is a scenario that i expect for next week for gold keep an eye on fundamentals like fomc coming up. the yellow zones are my areas of interest they are also actually fibbonacci levels the market seems to be respecting them so i am using them i also identified a minor up trend and a downtrend from when the price reached the 2000s. if the price...
Hello traders it looks like its make or break time for us30 the price is on a very sensitive zone A Major key level + a falling trendline. however it looks to me that the buyers are still keeping strength on the market it is very likely and possible we can see a breakout and a further continuation to the upwards just like the nasdaq100 but the possibility...
Hello traders it seems like gold finally decided the direction and its a sell , the price broke a big support which also played a role as a Neckline for the head and shoulder formed last week. since the beginning of the month the price failed to create a higher high and broke above the 2000s despite a negative NFP for the dollar. this indicates the strenght...
Hello traders it seems like EURAUD is changing directions from bullish to bearish. here are your bearish clues : The Price Failed to Create a higher high and instead forming a lower high. (CHoCH) The Price broke a Major bullish trendline on weekly TF with a massive red candle. the confirmation will be the breakout of the greenzone (support) thenwe will be...
this is nothing but a follow up for my 1000+ pip trade idea so far 500/1000pips. GBPAUD will continue to go down in my opinion the market trend has changed bearish , forming lower highs if the market breaks below that level we can see a futher continuation ! if anyone caught the move from my analysis send me your results and congratulations ! more to come...
i believe we might see a bearish move soon on us100 , we have a falling trendline + key level most likely a sell from there. what do you think
Hello traders , i hope you had a good week , i didnt trade this week because i couldnt tell which direction the market wants to go , Fundamentally speaking the price should be up but technically the price says it wants to go down. despite a negative NFP For US DXY Gold failed to break above the 2000s resistance and currently the price is forming a head and...
i am still very bullish biased towards gold i believe you should not be looking for anykind of selling trades right now since you are against a strong trend. but the day we hear a cease fire situation you should forget all of this and look for sells.
Hello traders here are 2 scenarios that i will be watching for tomorrow the bias for gold is still bullish due to middle east situation , and the trend is bullish so you should be looking for buys. the question is where ? : zone 1 Trendline + green area we might see a bullish continuation from there . zone 2 : the golden zone which is also a key level that...
as i predicted last time bitcoin reached 30k if you listened to me and brought it congratulations on the sweet profits. it seems like bitcoin started a bullish trend i believe if we break the resistance we might see the price to 40k or more.
hello traders eurgbp has formed a head and shoulders pattern on a strong resistance level . the same resistance level also happens to be the 61.8 golden fibbonacci zone if you do a fib retracement on weekly tf the daily candle also rejected that level with a inversed hammer . wait for the price to come and retest the neckline and we might see our nice setup play out.
Hello traders audnzd has reached a keylevel + a falling trendline i believe we might see a possible bearish move from there. watch for confirmations on the area double tops head and shoulders , candlesticks patterns