FUNTRADER-Vera

FUNTRADER-Vera Updated 

Hello traders, GOLD is bullish on my weekly outlook idea. It was a holiday for US on Monday, and gold slowly move down to the support zone and testing the support line on this chart right now. If gold keep moving down or sideways to break the trend line, we should think about a lower support zone for buying. If gold make a fake breakout with this support...

FUNTRADER-Vera Updated 

Hello traders, In my wkly outlook idea, the resistance zone become a support zone for now WHICH happen to be FIBO 382 of last impulse leg IN THIS IDEA. Once 4H confirming single confirm, this corrective leg could down to test 82.5-83.50 OR LOWER . GOOD LUCK ON THIS PLAN. LESS IS MORE!

FUNTRADER-Vera

Hello traders, This a new week outlook for usoil. First let review last week outlook. USOIL did not make a lower support than FIBO 382 but keep rising up all week to 86. The resistance zone now has become a support zone which could be a position for support or fake breakout. So, for the simplest plan is that price retest the support and make a new high up to...

FUNTRADER-Vera

Hello traders, A new week here again also is a new trading month. Hope will be a great week for us. Remember last week outlook that we have a downtrend channel for gold? Now the upper line of the channel seems broken with all candlesticks stand above EMAS. Back on this chart, there is a invalid line that you should not treat it as a trend line anymore. This...

FUNTRADER-Vera Updated 

Hello traders, GOLD did make us a good trade to finish WAVE B. Check with last idea on GOLD. Now it is turning down from C which is the end of Wave B. And three support positions are marked out on this chart as selling targets. So far I would only treat the new swing as a corrective wave unless it make a new low lower than low of Wave A. GOOD LUCK ON THIS...

FUNTRADER-Vera

Hello traders, USOIL is on a plan for correction right now. First lets review our outlook of USOIL in this idea. USOIL did not make a sideways price action but went up straight to the weekly resistance zone. Now should us think about correction or sideways price action for USOIL? Yes. On this 4H chart, with a later NFP releasing, it is possible for USOIL to...

FUNTRADER-Vera Updated 

Hello traders, I have all the trends on GOLD marked out with channels or rectangle. Just check with the last on the right. Gold now is making a new downtrend channel and getting some support in last week. To drop down again inside the channel, the better plan is retest the upper line of the channel and turn down to next fibo position. And this is my plan...

FUNTRADER-Vera Updated 

Hello traders, USOIL seems making a big weekly W bottom. Focusing back to last few weeks price action, Oil seems just making a fibo 382 correction and still standing on the EMAS. It still looks bullish on this chart. With the potential uptrend green channel on this chart, it would be very nice for buyers if oil finish correction and turn up again to reach the...

FUNTRADER-Vera Updated 

Hello traders, GOLD is looking up still inside the 4H channel on Monday. The sideways price action could push price up again after getting support on the bottom line of the uptrend channel on this chart. Now in the LONDON session, it is moving slow because of holiday. Check again in US session to see if there would be any signal for this buying plan. GOOD...

FUNTRADER-Vera Updated 

Hello traders, In my last idea, I was looking for a higher high C before USOIL making a new leg down. But it did not happen. Now following the main trend still on daily chart, I would like to look for a new B as end of corrective wave before wave BC happen. C is targeting FIbo ext 1.27 and S1. B is targeting Fibo 382-618. Back to R1 is also possible. We need...

FUNTRADER-Vera Updated 

Hello traders, GOLD has reached our selling zone but still not ready for sell yet. Check with last idea on GOLD: Inside the selling zone marked out on this chart, there are two possibilities. A. Gold could go wide sideways up to reach Fibo EXT 2.27 before making a new strong bearish signal to sell. B. Gold could drop down alone with the red arrow and retest...

FUNTRADER-Vera

Hello traders, USOIL turned down from fibo 382 just like we expected in this idea. But it does not make a new low, at least no in this Asia morning. Seems like this way would be more possible. Making a new high up to C to finish a ABC corrective wave. And then should wait for more signal to see if price would like to turn down again to FIBO ext 1.27 POSITION on...

FUNTRADER-Vera

Hello traders, GOLD broke the downtrend channel as we expected. Now it is back to 1900 again. If you are waiting for a new entry to sell again to follow wkly trend, you could take a look at the red zone on this chart where is fibo 0.5-0.618 zone of the channel swing here. The new leg down to look fibo ext 1.27 1846 of weekly 1st wave. GOOD LUCK ON THIS...

FUNTRADER-Vera

Hello traders, GOLD is still on my selling list. But if you are still out of the market and waiting for a new chance to open sell, you should wait. Because it is too perfect all moving inside the downtrend channel without any chance to breakout. Before making a new low, a fake breaking out signal of the channel is so necessary. That is why there is a wide moving...

FUNTRADER-Vera

Hello traders, USOIL seems making a reversal signal on 4h chart where it is sitting on FIBO 5.0 not going to reach 618 like we expected in our last idea. This could be a new start for new leg down to the support zone and FIBO ext 1.27 position. GOOD LUCK ON THIS SELLING PLAN. LESS IS MORE !

FUNTRADER-Vera

Hello traders, USOIL seems has finished its 1st leg down and now is making a corrective wave. Fibo 382-618 is the possible ending position for corrective wave. Suggest to check with 382 first because it is also a position where price hit daily EMAS. The new selling plan is looking for a new low to down to the target zone marked on this chart. GOOD LUCK ON...

FUNTRADER-Vera Updated 

Hello traders, GOLD has reached 1st wave's fibo 2.27 position. Some sign for correcion appear on 4h chart. It is better to wait for a new chance to sell since GOLD is so weak on daily and wkly chart. On 4H char, could take a try for short term buy up to 1902-1911. GOOD LUCK ON THIS PLAN. LESS IS MORE!

FUNTRADER-Vera Updated 

Hello traders, USOIL got a direct rejection from the triangle yesterday and turn down to reach 1st support on this chart. Check this idea: Now I think things are getting easier. Just find a new small high to sell it in the following sessions. Targets for the plan to sell are support 1 and support 2. Fibo 1.27 is also a area for a small correction. Good...