Bearish XAUUSDEnglish
Beautiful reaction in a 4hrs OB, in 1hr had a price action (candlestick) confirmation and I just clicked on sell in the moment, the operation is right now with a profit, let`s see how it goes in this weekend to conclude the bearish movement I`m waiting for a movemetn until 1974 (at least). Let´s see how it goes.
*THIS IT NOT INVESTMENT RECOMMENDATION OR SOMETHING LIKE THAT, THIS IS ONLY FOR ANALYSIS AND EDUCATION PURPOSE*
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Hermosa reacciòn en un OB de 4hrs, en 1hr dió acción de precio con una confirmación (patrón de vela japonesa) y solamente entré por mercado en venta en el momento, la operación está en profit actualmente, estoy esperando un movimiento hasta 1974 por lo menos. Veremos qué sucede.
*ESTO NO ES RECOMENDACIÓN DE INVERSIÓN NI NADA QUE SE LE PAREZCA, ESTO ES SOLO PARA ANÁLISIS Y EDUCACIÓN*
Tendence
WFC - 1H - 21.07.2020 (17.07 Follow up)#WFC -1H - 21.07.2020 - Ready, set...
After a brief skid this monday, price broke our second downtrend with a solid bullish candel (Economic fundamental causes behind it). Hopefully, the beginning of new tendence.
If we look at closely our Ichimoku cloud indicator, we will find that tenkan (convertion line) crosses upward Kijun (base line) when the price is above the cloud. According to the rule book of our friend Mr. Ichimoku, this is equivalent to a strong buy signal entry.
Tomorrow will be crucial to consolidate a 25.90 - 26.10 price range. After that, we can start thinking about the firt medium term resistance at 30 USD.