should wait after the closing of the perfect hummer price action with 0.618 Fibonacci zone and 200 EMA on 4 hours reflection , a good area to enter the selling positions and in my opinion the prices might take little bet long to reach 1840 and close the gap but meanwhile we can take a swing trade to 1990 zone ( end of the bearish tunnel )
retest after breaking the trendline with daily Price action on the trend line , very good opportunity but keep in mind that we are in DEC and a lot of unexpected move could be there
after the reflection from the 0.618 FIBO Ratio DXY now become a good opportunity for longing and the TP and SL is on the CHART , breaking the trend line is another indication on rising the prices for the US dollar dear friends DISCLAIMER: This post contains commentary published solely for educational and informational purposes. This post's content (and any...
2 zone is very important as its marked on the char which is 2010 and 2006 the other zone is 1985 and 1985 the take profits is on the chart too with the tight Stop lose , why its a good opportunity because as you can see on the chart there was a tunnel and a retest on this tunnel now , the ideal position or contract you take could be after a Price action with this...
after 40 mins the 4 hours candle will close and if it closed under the trend line thats could be a price action on 4 hours candle , you can add on it there is a divergence on 4 hours as you can see , add on it if the monthly candle closed under 1987 ( which is a very important level ) thats a good indications to start the bearish phase and close the GAP @...
there is a bearish pattern on silver its a very important level and as we know that there is a good relationship between gold and silver as I've posted on gold that there is a very good selling zone too .
distribution phase has been started from this point , its a good buying opportunity from these levels and you can take it from these level to a high levels as it shown in the chart the TP's and the SL , goodluck on it , although the most important point that i got a classic pattern on the chart
now the gold is at a very important levels or zone , as you can find that the silver is in a bearish pattern too , there is RSI divergence on the daily too.