Metal
Metal Inverse Head & Shoulders Pattern (Easy 70% Move)Metal (MTLBTC) is now active in what people called the iH&S pattern.
The inverse head & shoulders do not need to be exact for me to be used as a signal.
As soon as you see the dips where the second one is the lowest point of the three, you have a reversal signal. I've seen this pattern many times before.
This is normally a bullish pattern.
Looking at other chart signals, we can also see a volume breakout and MTLBTC price moving above EMA10.
The green arrows show the potential bullish scenario.
The red dashed line at the bottom is the support/stop-loss.
Namaste.
Possible buy opportunity hereLooking for it to bounce off S1 mark. PT after that would be $9.8- $10.
*Indicators used*
-Zig Zag
-Pivots
-Vol
-MACD
-Super Trend V1.0
Platinum towards the topLet me present my idea, it looks like Platinum has touched the 61.8% Fibonacci retracement level at the price 953.066, and we hope to go to the first price direction in the 982.739 range at the 161.8% level, and the second price at the 999.925 range at the 261.8% level, but I personally prefer to set the profit point at the first price range. If the movement breaks below the price 953.066, it is likely to go short.
XAUUSD, GOLD 'CLEAN BREAKOUT BUY POSITION!'THIS ANALYSIS FOR "XAUUSD , GOLD" ON TIME FRAME 4 HOUR.
HELLO EVERYONE. ..
WELCOME BACK FOR A NEW WEEK!
GOLD ALREADY MAKE CLEAN BREAKOUT FOR BUYING, MY PREDICT PRICE WILL BE RISING BETWEEN 1923.00 - 1933.00 AT RBS ZONE AND CONTINUE FALLING AGAIN.
YOU CAN CHECK MY PREVIOUS ANALYSIS ABOUT THIS PAIR, I TAG AS RELATED IDEAS BELOW THIS MAPPING.
I HAVE 2 OPTION FOR BUY AND SELL
1. YOU ENTRY BUY WHEN THE MARKET OPEN OR SET PENDING ORDER BUY LIMIT AT YELLOW LINE 1882.80 SET YOUR SL 15 - 30 PIPS WITH YOUR OWN RISK.
2 . YOU CAN ENTRY SELL AT RBS & REISTENCE ZONE. SET YOUR SL 15 - 30 PIPS WITH YOUR OWN RISK.
GOODLUCK !!!
IF YOU WANT UPDATE ON GOLD , XAUUSD ANALYSIS, KINDLY FOLLOW AND LIKE.
FEEL FREE TO COMMENT YOUR OUTLOOK
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THANKS!
GOLD ⏬ SWING TRADE 💡 20-10-2020Good day friends. Give us a thumbs up if you like our idea. Follow my profile to get new ideas and trade setups everyday
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GOLD is about to make a inverted cup and handle formation and the price cannot push above the 1935.00 level and still trading within a narrow range. Break below the 1900.00 will pave the way towards 1850.00
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Its a forecast of the upcoming expected market move-Its not a financial advice
GOLD SELLERS LINE IDENTIFIED - GC1! - DAILYThe general trend of the COMEX GOLD FUTURE is still valid as an uptrend as soon as it is above the blue slope support.
The red line marks the most important line where the sellers won't let the market go above.
The yellow metal have seen recently strong sellers push and have revealed an area (The red line) where the fight is going on between sellers and buyers. Going down further and passing the under pink rectangle zone would probably mark a strong validation of a declining price.
We have seen in the past strong downtrends stretching and erasing all seller by squeezing them up, to then, return again above the blue up trending slope. So beware of any surprise.
For the moment, we are observing this fight at the red line zone. It would probably better to look at the fight and jump on the spot with the winners. Possibility of easy trade and a profitable one.
Hint: the volumes are a bit down since few days, probably it is a good idea to follow up on any significant increase of them...