God outrightly broke our trendline so we are now sure it's not a false break-out. We have 2 entry points: 1: 1880- this point is relevent as an indication that the buying power is still strong therefore no possible retracement yet 2: 1860- should we have a retrace now then it'll retrace to 1860 (our trendline) before shooting back up
Check previous set up for entry and explanation
This is pure PA chart patterns... waiting for confirmation should it but and break the trend then we definitely heading for the big TP
Interesting times, looks like a lot of free pips on trend barriers
We have touched our support again, I looks like potential sells because of the break in trend however that's more likely to be a false break
For months Silver was on a bearish channel but now the channel has been broken crossing our bearish trendline resistance then created new support. This move gave more buying opportunities in both the H4 (solid orange) and H1 (dotted orange). so I'm expecting buys till the resistance trendline of H4 at 25.6000 but also will be looking to hold till 25.7000 for the D1
Price broke our resistance trendline; then gave us a double bottom. now it broke into our new support and had a retest before shooting for the stars.
Elliot has completed on the 45 min chart. We going for the correction wave till 13300 (possibly), then we shooting back up
Strong resistance is created and seems like price is failing to break. however Gold has been bearish on a D1
I realised after making the video that there's no sound from my mic however hopefully, well I think my analysis are detailed enough. No immediate direction yet, still awaiting more confirmation
More than anything we looking for buy opportunities but it seems like we will retrace first
So, guys, this is one of the pair I've been looking at lately, especially with the housing debate still hot on New Zealand plates, the debate caused a break of support at 0.71000 making it our new resistance and creating new support at 0.70000. the reason for a buy amidst the negative news, we looking at a possible retracement before we go for more sell...
A great place to add those buys!!!, just watch out for the downtrend that's forming
We still going to see short term shorts before we go for long term buys
We are still very bearish on our D1 chart however after a beautiful breakout, we reached our support level and now we looking into hitting back with some retracements before we take a dive into the bears one more time