Early call on gold, is that we may have a CUP and Handle, Right now we have cup and I'm waiting for the handle to be made. If/when wthis is valid then TP is 1555 and then will see, if back down or to the moon. Trade safe and good luck. Follow me on instagram @air_budfx
This is really early call on gold cause 3rd touch has happened just now, but we have 2 touch already from yesterday and previous week. will see if this is valid. If valid then this is the good place for going on a long buy. Will see, good luck!
Gold has reached top finally, now will see if it gets broken or tested and back down, if broken then expect retest and up to the yellow line
Possible H&S . tp in the pink zone. Good luck! ------------------------------------------------------------------------------------------------------------------------------------------------------------------- Pluss I have small telegram chat where post instant updates for my charts: t.me Un es esmu forex traderris no Latvijas un mekleju biedrus, kas butu...
Previously I posted rising wedge on shorter time range, now I see that we have big rising wedge on 1h. Pink trendline is drawn on 5 min. I expect that price will go up and test upper line again and then down, if break bottom or not will...
Possible cup and handel pattern. Buy zone colored green, Tp colored blue. Good luck! ------------------------------------------------------------------------ Pluss I have small telegram chat where post instant updates for my charts: t.me Un es esmu forex traderris no Latvijas un mekleju biedrus, kas butu ar mieru pievienoties citai telegram grupai, kur...
On 1h and 30 min we have rising wedge sell zone is in pink color, when wedge broken bottom tp green zone, but precise tp is 1490.
Oil destroyed my previous trading ideas, but now it has bounced from daily support both bottom blue lines, Now price is at 4h resistance green line, if it's broken then wait for retest and open buy if back doen then safe place t open buy is daily resistance level.
On gold 4h we have bull flag, but on USD index head and shoulders pattern, which looks like valid now and have tested its neckline now long ago, TP can be 1533, but my 1st tp is 1510, then need to see how price acts.
yesterdays H&S was valid, so I expect further move down, price can test green line, overall I'm in SOER mode on 1st tp is blue line, but overall I expectprice to drop down to bottom line of the triangle. Link for the previous idea is attached down there. Good luck. Pluss I have small telegram chat where post instant updates for my charts: t.me Un es esmu...
Gold fell hard this evening and touched previous support/resistance zone 1500, now I expect it to go and touch another previous support/resistance zone 1512, which I think is good place to open sell with TP last weeks low 1484, but if we break 1 d rising wedge we can go 13xx, but to far to predict. Good luck!
I tried to draw this as close I can to my MT4 chart. WTI is making nice falling wedge which is also heading to close the GAP. For now I have a sell to 55.00, when we reach bottom and close the GAP I'll look for etry to buy. Will post it. Attached link for my MT4 chart. ibb.co Tarde safe and good...