golden trend line zone 1780 to 1880 time to being bull again ?gold price is making series of higher high and higher low on H1 time frame along yellow trend line zone
resistance 1850, 1877,
support 1780 at the time of writing
1753, 1721 and 1677
bearish on breakout of trend line
sell on retest of trend line or side way correction
support 1753, 1721, 1677
bullish as long as price is trading above yellow trend line zone
@anshitjainrotract2k17 thanks for your feedback
H1
USDCAD Sell Setup One H1 Time FrameThe USD/CAD has formed a 3-4 Setup One Short on the Hourly Chart
On the Daily, we can see its stuck within a tight range
That range is the Wave 4 of the D1. It's a Wave 4 within Bullish formation. So the breakout of the highs of the range will leave to Wave 5
Meanwhile, price is hovering near the Lows of the Range.
Drop the H1 chart and you find a Setup 1 short. But there are several options at hand ... lets watch the video
EURAUD sell position on H1 timeframeWe'll not comlicate and give you long description for this pair, bacause this was ment like easy money and sell order on euraud.
Our indicator gave us our sell position yesterday, and many traders entered sell. Prove you can check in our suggestion room, and second prove for this bearish order was recorded LIVE ON FACEBOOK and also shared to our suggestion room.
At the moment we published our second entry, because you've just missed one from yesterday.
Anyway, we wish you good trading
Cheers
Elitefxacademy
EURUSD - Forecast For June 11thHi guys, everyday I will post an analysis on EURUSD for daytrading in order to help you to identify potential movements within the day.
I decided to make a video today so I want to apologize in advance for my horrible french accent :)
If you like this video please hit the like button and follow me to be notified as soon as I post a new trading idea.
Feel free to leave a comment.
Happy trading !