4H
Corrective approach towards entry zone / Bull Flag.
-68 Fibonacci completion aligning with entry zone.
= Confirmation to place buy limit.
1.5% risk.
Aiming to take profit at Daily TP.
4H
Corrective approach towards entry zone.
-68 Fibonacci completion aligning with entry zone.
= Buy limit.
Bullish Fake Out Flag pattern also there as extra evidence.
1.5% risk.
Aiming to take full profit at Daily TP.
4H
Corrective approach towards entry zone.
-68 Fibonacci completion aligning with entry zone .
Deceleration box received at entry zone.
= Instant market execution Buy.
1.5% risk.
Aiming to take full profit at Daily TP.
IWhat’s Changed and What to Look for Now?
1. Structure and Pattern Focus: Wedge and Correction Identified
The yellow descending lines still highlight a wedge-shaped correction after the price made an upward impulsive move. Wedges often act as continuation patterns, meaning the trend (in this case, bullish) is likely to resume once the wedge is broken.
Price has...
4H
After missing out on 2 perfect trades on USDZAR, i'm trying to get involved in this new opportunity.
Corrective approach towards entry zone.
= Buy limit.
1.5% risk.
Aiming to take full profit at Daily TP.
4H
Corrective approach towards entry zone.
-68 Fibonacci completion aligning with entry zone.
= Buy limit.
1.5% risk.
Aiming to take full profit at Daily TP.
4H
Bullish impulse / break of last LH: indication.
Inverse Head & Shoulders pattern: confirmation.
Clear support & resistance zone is there.
From 1H perspective: Corrective approach towards entry zone.
= Buy limit.
1.5% risk.
4H
Bearish impulse / break of last HL: indication.
Head & Shoulders pattern: confirmation.
Clear support & resistance zone is there.
From 1H perspective: Corrective approach towards entry zone.
= Sell limit.
The Gold party is still healty? 15 days are left for this 3M session to close and still has not found Its ATH high. lets see where this candle close.
Taking a look at this giant timeframe trying to give some insightful notations.
The big bullflag breakout has been impressive, since it broke the last all time high in Friday 07 August 20' at $2,075 price has not...
Here I have AUD/USD on the Daily Chart!
From Friday's High @ .67672 to its Low @ .66597, we can see we get the Confirmation of a strong reversal pattern with the Break of the Neckline of the Head & Shoulders!
Now what I'd like to see off the same High and Low of Friday is Price give us a 38.2% Retracement of the Low & Pullback to test the Neckline for potential...
this chart of Gold Spot (XAU/USD), we observe several key technical features that guide potential trade decisions:
Forming Ascending Channel: The price is developing within an ascending channel, indicating a potential continuation pattern. This channel often signals further upward movement, but caution is needed, especially when the price is in a "weird"...
4H
Corrective approach towards entry zone.
-27 Fibonacci completion aligning with entry zone.
Ascending trend line holding up the price.
= Buy limit.
Bullish M pattern also there as extra evidence.
0.3% risk.
4H
Corrective approach towards entry zone.
Market moving in Bull Flag formation.
-68 Fibonacci completion aligning with entry zone.
= Instant market execution Buy.
Aiming to take full profit at Daily TP.
1H
Corrective approach towards entry zone.
Price moving towards entry zone in Descending channel.
= Instant market execution Buy.
1% risk.
Aiming to take full profit at Daily TP.
4H
Corrective approach towards entry zone.
-68 Fibonacci completion aligning with entry zone .
= Sell limit.
Bearish Fake Out flag also there as extra evidence.
0.5% risk.
Aiming to take full profit at Daily TP.
