Shareanalysis
XAUUSD Idea (Shareable) This is a new idea I have been working on lately which is an extension of my current ideas, that gold is in a downtrend still, and that price should reach the 16xx mark again. I have drawn up technicals on a D chart which have then been detailed into 4H, 1H and 15M charts.
You can obviously copy and make any changes you deem necessary, change visibility on certain drawings etc.
How I have made the drawings to be understood:
Yellow = Daily demand zones
Purple = Daily inside trend lines/zones
Red = Daily resistance/pivot
Green = Daily support/pivot
Blue = Pivot points/demand zones (you can treat them however you wish as support or resistance).
Let me know in the comment section if you do use this chart and how you feel it plays out.
*This is my opinion, trade at your own risk.
Patience and risk management.
Link to chart: uk.tradingview.com
BEWARE FIRST & LAST SESSION HOUR- KDD CORPORATION-30MN- MY IDEASAfter a past long ranging period , we can observe that the KDD CORPORATION curve in 30mn has been at first descending.
After a short period with flat movement we observed a change in direction, seeing now the market going up back to the former ranging zone.
We see that there is a huge amount of fight between buyers and sellers. For the time being, buyers win!
Illustrated by two strong buying signals opportunity to get profits in the long direction.
Next:
-High probability of seeing the market running up more even in this slop angle.
- Beware of the first and last hour of session , major moves has been happening during those times.
- Possibility of a short entry around the top dotted black line which is a strong resistance point OR if we observe a large candlestick (one unique candlestick ) going down to break all lines and reshape the market.