gold analysis - 23 mar 2023hope all you man are good here's what i see on igolide!
- on the weekly and daily we are strongly bullish as seen by the long candlesticks
- down to the H4 market broke out a level of resistance and retested that level as seen by he long wick on the current H4 candlestick
- on the M30 and M15 i am waiting for a higher low point to make entry
- my stop will be a few pips below the lowest point of the range
- take profit is at the resistance level but overall projections are for the next major level of structure at 2016
- again anything can happen, market could be bearish but we will see i will stick to what i see but stand to be corrected/wrong
Brucekovner
s&p 500 analysis - 03 mar 2023hope all you traders are doing great! here are my observations of the s&p...
- so for two days (thursday and wednesday) the market was at a level of support, and price tried to breakout of this support level (on lower time frames) but broke back in to show that it has been respected
- the rejection of yesterdays daily candle are seen as an inverse head and shoulders on the H1
- yesterdays candle closed off bullish, and with a lot of momentum seen by the long body
- and it broke through an intraday level of resistance 3968.71 which is now our support, but price has already retested that level on the london open
- so now i am currently waiting for my peach resistance to get broken and i will go long on the retest of that zone
- but i could be wrong this is just what I THINK WILL HAPPEN ;)
nas100 analysis - 22 feb 2023- we broke through the neckline of the double top on the daily timeframe yesterday
- we are currently at an intraday level of structure where market looks like its retesting it and continuing being bearish
- currently waiting for the break of the previous low at 12052 to go short
- or if the market wants to retest the neckline of the double i will wait for a break of the 12101 level and go long on the retest, but my long term bias is bearish as on the daily we are bearish
- funny thing what i just said right now might not even happen the market could gap to a new high or low we'll never know but that's why there's risk management :)
gold analysis - 09 feb 2023so first things first...
-market brokeout to the downside on the daily timeframe
- then market ranged for 4 days forming a bearish flag which is a continuation pattern
-market is currently at a significant support level so if it breaks entry can be taken on the initial breakout (aggressive) or wait for a retest of that structure (conservative)
- take profit is placed at the 1849 level but market could go down to the 1835 which is current support on daily
market can be bullish out of nowhere but we will wait and see
nas100 analysis - 06 feb 2023too late with publishing this trade i took on nas100 but my reasons were as follows
- a double top formed last week at a significant resistance level
- market then broke the neckline of that double top
- waited for a retest of that neckline which occured at the london open and the new york open
- waited for a formation of a lower high on the M5 after the rejection than placed my sells
- take profits are at the 12187 level then we'll see what price does when it gets there
gbpjpy analysis - 06 feb 2023my insights are as follows
- on friday morning during the london open, market formed an inverse head and shoulder pattern at a significant support level
- market then went on to break that neckline and was bullish throughout there whole day on friday
- today it is currently in a range so i will be waiting for breakout either to the upside or downside but my bias is currently strongly bullish
- so if the 159.410 price is broken i will wait for a retest on lower timeframes then place my long trades and vice versa for a breakout to the downside
