Anticipating This move... I believe gold will retrace from this Zone since there is a lot of Volume pomped in and orders pumped in within these zone from the banks and big institution.
Contradicting all my othr analysis... UJ is buying from 135.200 a psychological number. So lets see how it plays out
The momentum of the entry candle was so much that I took the trade because buyers have been induced into the market. Taking my TP at the high.
After the strong momentum that candle showed, I took the buy, because the buyers are strongly getting into the market.
About this trade, Price has broken the trendline and it is possibly retracing to test the main trend line. Possible Break of the trendline if it creates strong structure. Lets see how it plays out.
After price broke the trend line, It retested and I believe its going to drop to 27335.03 before Maybe rising again.
From My analysis on the 30Min, I presume BTCUSD will Buy up to 29399.28 before dropping again for further down movement.
So from where price is right now, The determining factor for where price has to go to is Dependent on @29529.83 price level. I am waiting to see a Break and retest of that level to @30273.73 or I want to see a retest of that broken level to @28857.70 lets see how price behaves then
Looking at 33244, Price has a high probability reversing from there, and price is in a downtrend. The Volume below where price is calls for attention because the activity there shows that price has to come back to take up whatever activity is there. So that is my bias for today. Whatever happens within the trade, is okay.
GBPUSD is in an uptrend and it has reached the point of reversing on that leg of the next impulsive move. So think of it do you see my analysis worth it?
This is my view on Gold today. I think price has some orders to fill above.
GBPUSD for me is presumed to go long. Divergence was spotted, and a lot more trading points.
With this trade, the entry is to be taken in the London session. We can clearly see how it's forming the retracement. We will wait for the Stochastic to form a fin, then we short.
Look at this trade setup and see for yourself if its A possible trade setup. Please don't forget to leave a like and a Follow.
Ain't got much to say today, but a good trade is based on its ability to be managed properly.
So hey guys its been a while, and i have come back strong and offensive with my trading by Gods grace. So here is a trade setup for GBPJPY with the knowledge from Forex Cartel, i have com with this great entry and i hope and wish it is it with all the confluences at hand.... It is called maths in trading terms. THanks Please leave a like and Follow. Thanks
As soon as price hit this demand zone, it started showing upward moverment and soon it made a juda swing which cleared out the stops of retail traders and took more liquidity to the upside...... So I am waiting for a secondary Low to be formed ont he 15min TF and take advantage of the upward rally for ti to hit the Supply Zone above and Go down to the next...
What do you guys think? This will drop as soon as it reches the supply zone bove................ For me no qualms as off taking it higher after a retest of that really minor resistance turning support zone. And then ride it down from the top... . . . #GBPJPY #GBPJPYSHORT