daily candle has broken below the daily support levels so i am looking go retest daily lows at 1793. Golds broke the consolidation zone and should continue to the doown side in order to retest lows.
This trade based of a trend line strategy and it is going to try short the Higher High in order to go create a High Low in the trend at 144.907. it has a good RR of 3.
Daily. The daily trend is bearish creating lower highs and lower lows. We are currently sitting at a LH that was created at the price shown on the chart. (1843) The last daily candle closed very mixed with a large wick to the downside, showing a possible rejection so if price breaks to the upside and can push through the resistance of 1843 then we will reassess...
I have taken this GBPJPY buy because price was holding well on the uptrend and the candles broke and closed above the resistance level. i used the highs as the target for the take profit and good risk management
good morning traders i am going to be looking for a short trade on nas 100 with stops above the high created and i would like to see it go and retest the low.
hoping that the support level can be respected and we break the resistance level to climb to the top. this is an impulse entry but very small risk so i am happy to take to trade.
Good morning traders. Here is my analysis on what is currently happening on gold i do feel there is a strong short bias once the support level is broken and buyers come back in to the market.
this trade is detailed with text on the chart i am just waiting to see if we can hold the support level and get an engulfing bull candle tp the up side on atleast the 30min tme frame for confirmation
good morning traders i have marked out the trade i am looking to take and an explanation of why i am thinking it.
Good morning traders, I am waiting for a rejection indicated by bullish engulfing candles to make a valid trade to the upside.
Good morning traders, today I am having a look for a possible short trade if we can get a clear break of the micro bullish trend of the over all bear trend.
Good morning traders, I am going to be looking for possible shorting opportunities for the level highlighted if we can get a clear break of that support level then a retest and then a rejection with clear bear engulfing candles to the downside.
Good morning traders. I am currently waiting on a pull back to come back and retest the old resistance that was broken and now turned support. we are waiting for the retetst and rejection that will happen so we are not caught up in a false break and stop loss hunt that the markets makers will do to the less experienced traders before they dumb off xau. make sure...
Good morning fellow traders i am giving a detailed breakdown of the GJ chart and marking out what i may think will happen. we are looking for buys once the level of the red acting as resistance is broken and from there will will start looking at smaller times frames for possible entries. remember don't fomo trade and use sound risk management when trading to...
Good morning traders, i have given a marked and detailed breakdown on the Dow Jones, I currently am waiting for the new support or demand level to be formed to support my buy analysis and then i will have a look at the smaller time frames for entry. we need a clear rejection from the demand zone to take this trade.
Good morning fellow traders i have given a detailed break down of this chart to make it easier for you guys to read and understand. we are currently in a sell bias on the xauusd pair due to a bearish trend and so forth.
good morning traders i have have drawn out the pattern on the right hand side of the screen incase this pattern/ setup is unclear to you however this is just a basic break out retest pattern and we will be adding to the winner and cutting off the loser quickly if this trade breaks the high of the retest. please remember to use sound risk management and don't use...
Good morning trading today i am looking for nice buys opportunities on demand zone and trend analysis hopes. dont fomo this trade and wait for the candles to break the resistance levels.