Gold top reached now I expect back down to bottom line. Trade safe, 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 varetu mainities tirdzniedzibas idejam. Links uz grupu: t.me
Overall this trendline worked, I expect down to test bottom line with TP around 1525, then need to see how price will react, down or back up. In the big picture 1d TF I see possible H&S, will see how that plays out. 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...
As we see dark blue line is the resistance I wrote before and worked well, now we are testing triangle that we broke before green line. Price have made a falling wedge (red line), but we also have head with really shoulders, which gives us mixed signal, will update the idea, when see clearer way or one of patterns get broken.
GBPNZD really close to trendline resistance, long term TP can be dark blue line. Keep in mind that GBP pairs can make some unexpected moves. Trade safe, 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,...
Price have reached 1d trendline top forming this 1h wedge on daily basis 1st TP red line 2nd TP green line. Long term sell TP bottom blue line on my previous 1d chart. I have small telegram chat where post instant updates for my charts: t.me Un es esmu forex traderis no Latvijas un mekleju biedrus, kas butu ar mieru pievienoties citai telegram grupai, kur...
Key level for gold right now, if we break red wedge buy a ticket to 1st TP for SELL to yellow line and possible to 2nd TP red line. But clear sell only when we go below that line and best place to enter only on the retest of the wedge. Good luck! Pluss I have small telegram chat where post instant updates for my charts: t.me Un es esmu forex traderris no...
Last time I shared DAx idea, it didn't go well, but I found that I wasn't seeing one inverted H&S pattern. In this idea there is inverted H&S and its TP have been reached and we also have reached top of the rising wedge. So if DAX breaks bottom line of it then down to red line and maybe to the yellow line too, but will see. I attach link to my MT4 chart...
We have formed one big 4h rising wedge (red lines) and in that we have one smaller wedge green one , if the big one is valid price can/should go down to 1493, which would be the take profit level for small wedge and also the touch of big red wedge . Either of these wedges to be valid gold needs to break 1503 level, which so far is really good support level . Good...
To keep cup and handle valid we shouldn't break dark blue horizontal line. Tp green line 1555 extended tp 1560
Pattern valid, if we break previous high (red line) expect we can go up 1560 this evening, if it doesnt expect small retrace, but overall expect more up un gold TP 1580.
maybe I'am crazy, but is see that here might be cup and handle in the making, price can pull back down to dark blue line few times, but later on fly up to 1580 level. Time will tell. Good luck!
I know this one goes against my previous gold chart, but I think that this one can't be ignored. This looks like a huge/long bull flag on 30 min, price has closed below fib 50 level, which can mean thats it's not valid, but on my MT4 chart this close has been really smal and short, even if that's not a bull flag then it's a nice chanel. keep in mind this one, and...
Possible bear flag Tp tp 1508, I expect it to go back up and then down, for me perfect sell entry 1530-1532
We have a nice symmetrical triangle, if it don't break top, then back down. , t.me
Need to wait and see how this 1h and 4h candle close but so far looks like, dollar is making a nice rising wedge and if it breaks below, USD downfall will continue My telegarm group: t.me
Now we have some more candles, GAP has been closed earlier today and now I see another sign for further up - bullish pennant, bottom lines have breen drew on 30 min time frame, so on 1h they probably doesn't look too right but on 30 min they are so if/when pennant is broken 1st tp at 1555. Good luck! P.s. Here is my new telegram group! t.me