Gold has been rallying and is at a new all time high. Looking for price to consolidate or pull back before the next rally. It's also possible we could get a breakout above recent highs. Key Intraday Sup around 2740 Key Res 2750 If QP 2750 turns support, we will target the next large QP then the next major QP. 1st Target 2775 2nd Target 2800
My Bullish bias hasn't changed. GJ hasn't found a ceiling yet so we're still looking for buys. Our first trade was successful, giving us +100 pips. Now we are looking for some type of correction, pull back or bullish flag, then a continuation up. Key Res around 196 Key Sup around 194.56 I will try to update if I decide to take a trade.
GJ has been consolidating for awhile but my bias is still bullish. Waiting for price to break above and retest the H4 trend line. Reasons For Bullish Bias: - H1 Bullish Choch - Still forming new HLs - Small QP 193.75 holding as support - Multiple rejections at the OTE fib on the H4 Major GBP news coming up in 3 hrs. If I see a trading opportunity after news I...
Last week we didn't get much movement from GJ. Price continued to range so my initial bias is going to be neutral starting this week. Price is currently at a QP 195 so GJ still has my attention. Key Res around 195.98 Key Sup around 189.59 I will try to update as we get more development...
We're BUYING.... - Bullish Choch - Still creating HHs & HLs - Bullish Divergence - MACD shows bullish momentum - Trading above 50ma on the H4 Buy entry 2648.68 SL 2642 Hit our 1st TP +20 pips Next targets are.... TP2 2653.68 TP3 2658.68 TP4 2668.68
Are Bulls gearing up for the next rally? Waiting to BUY... Looking for one more push down to retest the bullish OB or previous low at MQP 1.3000. Buy limit @ 1.30412 SL 1.29811 TP1 1.30612 TP2 1.30912 TP3 1.31412 TP4 1.32412 Remember we want to be less predictive and more reactive. So let's wait for our bullish entry confirmations.
Are Bulls gearing up for the next rally? Waiting to BUY... Looking for one more push down to retest the bullish OB or previous low at MQP 1.3000. Buy limit @ 1.30412 SL 1.29811 TP1 1.30612 TP2 1.30912 TP3 1.31412 TP4 1.32412 Remember we want to be less predictive and more reactive. So let's wait for our bullish entry confirmations.
My bias for GJ is still Bullish so I'm looking to buy after the pullback. Price retraced to fill the imbalance and was rejected at the 38.2 fib. I would like to see a deeper retracement down to the discount fib levels. 50 fib (192.68) 62 fib (192) The 62 fib also has a bullish OB confluence. It is possible that price can push up from our first target at 193.75....
We're buying again! - Still creating HHs and HLs - QP 192.5 turned into support 1st Target 195 2nd Target 196.25 Waiting for a new HH and retest would be the safest entry.
We're BUYING... - New HH - PB to the 0.79 fib - New LH - Falling wedge breakout My Target is the monthly high around 193.3, Entry and SL can be seen on the chart. If QP 192.5 turn into sup, I would expect more rise to the next QP. 2nd TP 193.75 3rd TP 195.00
I'm expecting a continuation to the upside so I will be looking for my second BUY entry. - Bullish Choch - Still creating HLs - Created new HH I have 3 POIs 1. Looking for a pull back to retest QP 192.5 which also has a FVG confluence. 2. Internal bullish OB around 191 3. Bullish OB around MQP 190 1st Target 193.75 2nd Target 195 3rd Target 196.25
Gold is still trading in an uptrend. Looking for a small pull back to give us a 3rd touch of the ascending channel support which also has a 62 fib confluence. Look for some bullish PA at the discounted fib levels. Wait for BOB (break or bounce) at channel support. - BOS - New HH - New HL My Target is 2550 If minor support at 2503.58 doesn't hold, I will have to...
GJ has been consolidating but I'm still bullish on this pair. - Last week Bullish Choch - End of last week new HH - Beginning of this week new HL Key Res 192 Key Sup 188.227 - 187.84 As long as price stays above 187.84, I will be looking to BUY. 1st Target 193.75 2nd Target 195 3rd Target 197.5
I am looking to BUY... - Previous week closed Bullish - BOS - Still creating HHs and HLs - Broke and closed above MQP 2500 Price will try to go to the next MQP 2600 but I would like to see a correction first. 1st Target 2500 2nd Target 2525 3rd Target 2750
My initial bias is Bullish so I am looking to buy this pair after the correction. - New HL - Bullish Choch - Break and close above MQP 190 I am looking for a retest of 190 or a pullback to the discounted fibs. I will be watching those levels for some bullish PA. I am only interested in buying if support at 187.854 holds. My target is 195.
I am buying GU... - Bullish Choch - New HL - Trend line break - Bearish trend switched to Bullish - Bullish Divergence - USD news was negative TP Target is MQP 1.3000
I am looking to BUY - Nice bounce off MQP 160 creating BOS - New Bullish CHOCH formed - PB to the 62 fib 1st Target 162.5 , 2nd Target 163.75, and Final Target 165
I'm expecting a Bullish continuation. - Price broke out of the range creating a Bullish CHOCH - Nice break and retest of the descending TL - FVG confluence at QP 2350. My next target will be QP 2375 and final target will be MQP 2400