Following the upward Trend. Price is in a good area for buys, 4 hr candel did close above support area. Waiting te see exhaustion to go long. Continue buys
GOLD has been very bullish for the past weeks. I wouldn't consider to sell until it breaks back below 2,664. In the meantime, I'll keep following trend. I'm looking to buy at 2,677 level, if it breaks that and keeps dropping I'll wait for 1 hr candel close either below or above 2,664, if it closes below, I'll look for that break and retest set up to sell. If it...
OANDA:XAUUSD Keeping this Analysis simple, it just broke a resistance area it had rejected two time. I'm still bullish for gold since it has been on that trend. Not looking to sell anytime soon as I look to trade with the market. Remember that trend is your friend. *Break and retest strategy for continue buys
CME_MINI:ES1! / SP:SPX So I'm back in the markets, this is what I have for ES/SPX 500. It is currently on a down trend or pull back, doesn't matter to me. What matters is that it is approaching a solid support line and needs to do a minor pull back after today's sell off. I'm buying at this zone TP will be right under the next resistance area. If it breaks or...
US30 has been in a bullish trend. Now that it broke daily resistance it will retest current support to continue the bullish trend.
Price has been rejecting the 164.00 area on 1hr TF and has now broke that area. Waiting to see if it will now respect it as new support to continue bullish to 164.900. Potential signal to buy if we have a good engulfing candle on 5 or 15 min TF and if price is kept above VWAP. Also need candle to fully close above 164.00. Wait for price action.
GJ has on a bullish trend. Its' is in a key zone area for a perfect buy entry using my fib, continuous buy for the week. It will target 172.500 area.
GJ just broke a resistance zone. It did a retest (perfect second entry opportunity) to continue buying to next destination/resistance area at 169.000 Drop a comment of what you think...
What do you guys think of this bad ass technical analysis? I mean the resistance/support zones are there. the patterns are there, the buying pressure is there. What other confirmations do you want? It is in a very strong resistance area at the moment, but it needs to break it. the way its buying slowly and not with fast is because its building the strength. Let me...
This pair has been doing this W formation since last year but in a down trend. I expect a buy on Tuesday 7/5 and new month will be on a up trend.
I think price will start an uptrend now since it bounced back from support zone
GBPUSD is about ready to sell now. I am looking for it to reach the down trend line or the horizontal resistance line at 1.36885 area. Once we see confirmation of a price action for a sell we open position, now we just wait.
Hey guys, I think its going to buy just it to get some momentum and sell to the next support zone. You can see a mirror effect going on here if you draw a vertical line in the middle and pretty much telling you what the next move will be. pretty easy and straight forward on this one. This is just my analysis but please leave your comments below.
This will be a perfect entry for sellers simce it is now london time and the bars cant seem to break resistance zone. It has been selling everytime it reaches resistance. The bear trend line is giving a lot of momentum for it not to break that resistance zone.
AUDJPY will be selling for rest of the week and the following. it was in a bullish trend but hit its resistance level 3 times. Its obvious it couldn't break that and now going for a sell until it hit its new support. I doubt it will change direction and try again the resistance zone because it has tried it 3 times. now it will keep on selling until it hits its...
This pair is in a down trend and it looks like it has touched the down trend resistance line. It will be selling any moment now to break the support zone and go to new support zone.
USDMXN was in a bearish trend and is now a reversal for a buy. it has created a channel and has finished the H&S. I beleive it will go for a buy and have placed my stop- buy at 20.60000.
AUDUSD couldn't break the support line and will go for a buy to reach the next resistance line. Risk Ratio 3/1