Buys
AU D Buy Idea 5/8/24Daily bearish trendline has broken and is now being retesting, so I am now looking at buys.
There's been a bullish impulse with a bearish correction (pullback) happening now. If price follows suit there should be a bullish continuation happening soon pushing price bullish.
This will have EMCers looking for entries Thursday or Friday to take price up to around .66722 for a -.27 TP.
**This is for educational purposes only and this is not financial advice because I am not a financial advisor.**
EU D Buy Idea 5/18/24Overall price is still bearish on the monthly and weekly, EU appears to be making a run to go bullish for a bit. Price has currently broken the Daily High from 4/8/24 BUT is bumping against a bearish weekly trendline.
The Daily has made a nice impulse and is more than likely finishing up a correction to go into a bullish continuation. Price is a good 88 pips from the last daily high. So I'd look for price to final TP around 1.11050.
If I had been trading EU last week, based on my confirmations, I'd currently already be in buys, so that leads me to believe that there is still some more bullish movement to be had in the upcoming week.
However, if the correction continues bearish I'd look for price to run to somewhere around 1.08643 with a final TP around. 1.08591.
**This is for educational purposes only and this is not financial advice because I am not a financial advisor.**
XU D Buy Idea 5/18/24I previously posted an idea "XU W Sell Reversal OR Sell to Buy Idea 5/4/24". Price did not sell and immediately continued bullish. Looking for price to still head to the -27% FIB area around 2555.32 for final TP from the previous trade idea. Currently in a buy with TP actually set for the -27%, while looking for another pullback on the daily to get another entry.
**This is for educational purposes only and this is not financial advice because I am not a financial advisor.**
NAS Buy Idea 5/19/24Looking for NAS to pull back no farther than the somewhere around 18168.8 (Mid-Point of the weekly consolidation + monthly bullish channel mid-point) and then continue bullish to the top of the weekly bullish channel that price is currently in around 19044
**This is for educational purposes only and this is not financial advice because I am not a financial advisor.**
BUY EURUSDEURO has pushed lower, this is common when market makers are looking for lower prices to buy from. They are definitly bulish (100%). I know this from my own source. Lets tap this buy from this level 1.0705, keep stops tight at 1.0670 target 1.0850 and above. Always use proper risk management. As BOJ intervens for yen we will see spike up on EU so we are strongly bullish as well. Good luck to you all.
BUY EURUSDEURUSD failed to make a stronger drop during NY session. Price has mitigated the previous surge. I expect a pullback to make new highs on tomorrows trading day. Entry at 1.083 stops below 1.0816 targets above 1.0896.
Be advised my ideas are solely my own and they do not constitute to any signal service nor financial advice. Use your own entry level and own risk management.
GOLD scalp ideaLooking for gold buys or sells depending on where the FIVE MINUTE candle closes respective of the levels marked in the chart
Gold has seen a strong push to the upside and I don't believe it's completely exhausted yet. However, that does not mean price action won't play out on smaller timeframes.
XAUUSD Gold buy idea 4h breakdownThis is why I love and talk about price action so much. Gold has given us an absolute gift of a level with such a repetitive history it would be foolish to not take note!
The white circles highlight areas where the 4h candle has closed above the level and pushed up towards 1967. If we can see a 4h candle close above this level, move down to grab liquidity with a wick and then move back up I will absolutely be taking buys here make no mistake about it. Probability is strongly in our favour.
XAUUSD Gold breakdown MonthlyMonthly chart shows one thing. STRONG rejection. And where there's a strong rejection, there's a chance of a price reversal.
How does this coincide with what we are looking for? Well, August monthly candle did not have a top wick. If we can get a top wick created for the previous months candle then September SHOULD see a sell off going into the end of 2023.
Target long term if you're taking swing sells remains the 1800 level.
XAUUSD Gold 4h timeframe analysis played outThe 4h analysis we did earlier this week before market opened saw price action play out absolutely perfectly following our arrow path of breakout - retest - push to the upside and now a complete shift in sentiment to bullish.
From here we can anticipate price to continue upwards with a bullish bias and look for buys if swing trading.
xauusd gold daily analysisHello everyone, looking at the daily timeframe we can see gold has picked up volatility below 1890 with a strong rejection back into the 1900's
Should we see price hold and not reject key levels of resistance, expectation will be for gold to return to the range we have previous seen gold stuck within, with a push to 2000 creating a top wick for the monthly candle and then a move down.