XAUUSD Gold 1h buy setupCurently looking at buys on the 1h timeframe for a scalp, and then further buys should we see gold close above 1920 on the 1h time frame with anticipation of the 4h candle flipping after a bottom wick forming.
Buys
XAUUSD GOLD 4H buys?4h candle has closed bullish above a key level of support turned resistance, now on the lower timeframes we can look for entries based on price action for liquidity to sweep recent lows and move up above 1932+
XAUUSD Gold buy scalp testSimilar to yesterdays trade, we're looking to take another trade testing out this strategy I am working on.
If gold 1h candle can close above the purple line 1921.738 then I will have a buy limit set at 1920.259
It is a very circumstantial trade, but that is why I am currently live testing it and keeping journal of them in the form of these posts so that others can also learn from it!
XAUUSD Gold buy limit scalp updatePrice reacted from our level and we are currently 10 pips in profit so we can move stops to break even and take partial profits here.
As mentioned earlier, this was a sample trade as I live test a new strategy I'm currently looking at.
XAUUSD Gold buy limit scalpsLooking at previous price action, buy limits are set at very key areas of rejection
By anticipating price to come and tap these levels we are aiming for very quick 10 pip scalps.
Break out of the range to the downside, grab liquidity and ride it back up. Tight risk management is key!
This is not a trade I am taking on my personal account, only for live-testing purposes as I practice this concept.
Just got into some Gold Buys, Anyone else ?Just entered some Gold Buys
Reason for buys :
Highly oversold
Divergence
Support formed at 1944
(Detailed Analysis to be added.)
Entry Point 1944.28
Stop loss: 1939.99 (50 pips)
Take Profit 1 & Stops to entry Point: 1949 (50 pips) 1:1 RR
Take Profit 2: 1954 (100 pips) 1:2 RR
Gold W Buy Idea 5/20/23Gold is still at all time highs at the moment, so I am still not sure if it will go higher and break the previous month high (PMH)/the monthly high from 3/1/22 again OR break and retest this weekly (W) zone that it is currently playing in and go bearish again. I do know that there is a M liquidity zone + a W B (buy) FVG (fair value gap) right under where price is currently at.
For the STRATers, The W has formed a 2-1-2d-Rev.
So what I would like to see price do is break down to the W B FVG and bounce back bullish to hit the PMH(s).
Gold New HH?Gold could make a new higher high today, will wait for confirmation of a break, also might see this trade through to NY session. All about patience...
Potential Gold buys over 1954.68Looking for more potential buys at 1954.68 - normal trading approach.
Rejection at 1939.14 caused price to reverse holding support around that area. London preparing to have enough volume for us to breakthrough past over 1954.68. I believe price will have enough momentum to break resistance at 1953.98.
Usdjpy Asia Trade8 pips SL
24 pips TP
1:3
This is short term position, based in the first fvg of the asia range, I would like to see the price looking for the buyside liquidity before doing lower lows in m5/m15 timeframe and looking for bigger buys again in london session.
Gold D Buy Idea 5/6/23Gold is currently at all times high on the charts that we have access to, so I do not know if price will continue higher. Looking for price to either continue bullish from where it is OR actually close inside the current D FVG and then continue bullish to take out the previous week high. However the FVG is fully mitigated, so we shall have to wait and see what the market does at open for the week.
Gold 30m Buy Idea 5/13/23Looking for price to sell down into the 5/15/30m B FVG (fair value gap) and then buy back up to a minimum of Friday's High (2022.60). Will have to see what price does at market open tomorrow
USD/JPY will make opportunity to buyers (LONG TRADE IDEA)Currently pair is located in between support and resistance zone.
it will not hold for too long and will break as a long trade in future.
currency fundamentally also in buying sentiment
take your profit at 136.5.
Good luck traders FX:USDJPY
Gold 4H Buy Idea 5/6/23Gold has created a 4H sell FVG that price could buy back up to OR break thru. So I will enter a buy into the FVG + for those who know The STRAT see that a failed 2d was created followed by a 2u, which is a double confirmation that price should at least go to the 50% of the FVG.
AUDUSD ideaThis is my view on AUDUSD i will look for buys from the flip zone and also eyes on the extreme zone if ii get a 5min choch when mitigated
Gold D buy idea 4/16/23Monthly is still bullish. Weekly just did a break and retest over the past 2 weeks. Overall I am still bullish on gold, so I am looking for price to continue bullish this week. HOWEVER last week did make a bearish engulfing on the daily. Meaning price could sell short term to complete the M pattern that the Daily candles are forming. Time will tell. So we will see what happens at market open. I am still going to enter a small lot for a buy to the 3/1/22 monthly high of 2070.46.
GOLD XAUUSD - Bullish Pennant - LongMonthly biased is Long for GOLD - XAUUSD
Based on Bullish Pennant forming
Rejection at Highs is likely so will take T1
XAUUSD buy ideaLooking for buys on the close of this current 5m or 15m candle so long as it doesn't go up by 20 pips or more.
Stops will be structural low, adjust position size accordingly
EUR/GBP LONGSBreak & Retest Neckline Structure 4H + 1H
Break & Retest Interior Neckline Structure 30MIN
50EMA 15MIN + 5MIN
200EMA 5MIN
USDJPY Longs to 134.500!Reading price action we can see that USDJPY has shifted up in momentum creating higher highs and higher lows. The price has now broken previous areas of interest and is now testing as new support. Reading the structure we can see the price is creating an inverted head and shoulders in confluence with a flag formation. Notice how the price has failed to break this zone with the long-wick rejection we are seeing at 130.500. If the price manages to hold above this zone look to buy back up to 134.500 key psychological zone. If the price manages to break we must reevaluate price action. Use proper risk management.
AUDNZD Longs to 1.11500!Reading the daily time frame we can see price is on an uptrend creating higher highs and lows. Price has broken above a previous area of resistance and is now holding at support with signs of rejection. If the price manages to hold above 1.09000 we can see the price reach 1.11500 key psychological. If the price manages to break we must reevaluate price action.
Omer Kambal
2/5/2023
ChartAddicts
This is not financial advice. The information shared is the opinion of a Chartaddicts analyst. Please do your own research.
AC 4H Bullish Continuation Idea 1/8/23Looking for market to continue bullish and hit previous highs. There's a 4H FVG from 1/5/23 that price should respect before continuing higher.
(markups1)
EURCAD LONGPrice formed the second leg of the W formation on Wednesday, and since then it has been bullish and now it has broken the previous resistant zone and use that same spot as support zone and buy to the 1.45930 zone.
