SNR
gold still down to earth.if price interest to pullback at supply @ 1781.742 and drop. thats it. like and comment.
gold : simpleif price interest at 1777 should align with trendline to upwards. if solid break refer back my previous post.
Gold: continue dropthe best for waiting price to make lower low and execute at the vertex of trendline exactly at the price to take short drop. like and comment your idea. just my 2 cent idea. thanks !
GOLD: trying to push up and rebounce downwards, perhaps.gold on the next day movement. just my 2 cent idea.
PVGThe green long-term channel started to appear around mid of July of 2016 by price hitting the top of the channel!
During the Covid19 Pandemic we observed a fake breakout but everything gone normal after first months!
15th of Sep the price touch top of the channel and started to fall! the red bearish trendline is broken and we are currently in pullback to the Broken trend line!
reactions to mid of the channel is not rare but they are not strong!
considering volumes, it seems market is waiting for 5th of may to observe the earnings and lower volumes in lower prices is not a good news for buyers!
If we are in the second Elliot wave we wont goes up more than the 11.73, but only "time" could clarify the best next move!
Right now for those owning some shares, my suggestion is to be a holder! until the Short-term channel is perfectly broken down or the long-term channel is touched you, then better to sell!
If you don't have any shares and you are a risk taker! you can buy tomorrow or right now!
and if your strategy is safer wait to see if the price break the 11.73 level perfectly or not!
SOYBEAN OIL - Support and Resistance (SNR) - 27/04/2021Kampung Style.
Valid on the said date only.
Enjoy and feel it. Hopefully, it's useful.
This is for study and educational purposes only.
AUD USD bullish movement ?For strong confirmation wait any confirmation candle.
Always take look at the price action
#If price break the Stop Loss zone wait for price to retest the previous support zone and can try sell
EC waiting for the breakoutFor confirmation please wait price to break the trendline or the support level.
For entry measure price retest the support zone ore trendline.
#StaySafe
GN MAKE BEARISH MOVEMENT PRICE STILL IN TREND LINE I THINK WILL MAKE BEARISH MOVEMENT TO LOWR TREND LINE MAYBE AROUD 100-200 PIPS
STILL MEASURE THE PRICE ACTION BEFORE ANY ENTRY
UJ BEAR AND BULLI TARGET THE UJ PAIR WILL MAKE RETEST AT TREND LINE ZONE OR SUPPORT ZONE AND WILL MAKE HIGHER BULLISH MOVEMENT
AS USUAL WAIT FOR PRICE ACTION
EU PRICE PREDICTED WILL MAKE BULLISH MOVEMENTPRICE ALREADY AKE BREAKOUT AND RETEST THE SUPPORT ZONE.
GBPJPYThe descending blue and red range is a long linear regression broken in the purple rectangle!
This is a good sign for the price to rise, but there are also many signs of a decline.
The red rectangle is strong resistance!
The white dot is a short-term linear regression! The price is in its possible resistance.
And these are two strong signs that prices are falling!
You can follow the price of oil! Rising oil prices are not having a good effect on the Japanese economy! And it can break the resistance, but oil is also close to the resistance levels!
You also have to wait until the end of the week and assess the market conditions this week. If the candle succeeds in breaking the range, it means that the price will go up! But my prediction is that the resistance will not be broken and the price will go back down!
what is your opinion? Green or red route?
GBPNZD longThe green area is a very important area! Which is broken and now we are back to it!
The line that changes color from blue to black is Magic Trend indicator, which is now blue and looks upward.
The green dotted line is a strong support! Which is accompanied by strong volumetric support on January 7 (purple circle).
The red dotted line is a strong resistance line that has been broken since the beginning of the week! another sign of higher prices in near future!
The red line marked below the red highlight range is a deviation of 2 from the regression line that has been valid since mid-2016, and breakout has been clearly unsuccessful!
Everything seems to be ready for the pair to climb, but people who depend on candle approval in their strategy can wait for candle confirmation!
