Helloandtrade

Helloandtrade

so we have a 1h support i marked with a green line 2. supply zone in play 3. 38.2 fibonacci 4.macd confirming 5. awaiting confirmation on candlestick 6. MARKET STRUCTURE IS BROKEN ON 1H HOWEVER WE HAVE A 4H PLAY IN THIS AS WELL THATS WHY ITS IMPORTANT TO WAIT AND SEE WHICH MARKET STRUCTURE PLAYS OUT

Helloandtrade

We have a possible long setup for Aud/usd One. We have a break of structure in previous low in the bearish trend which now makes it Bullish. Two: We have a possible retest in a supply Zone Three: The supply zone is in the 61.8 however it can bounce off the 38.2 Four: Macd is Crossing Five: waiting for Bullish candle stick variation

Helloandtrade Updated 

So we see first that we have a break of structure on our previous low showing that we are in a bearish movement, Second we see that we are at a supply zone: Third we are at a 38.2 retracement with Fibonacci. Four we are waiting for a candlestick to form and so far we are looking like a Bearish engulfing candle. Fifth we are seeing a cross in the MACD

Helloandtrade

We have a trendline break and market structure break; Meaning we are no longer in a bearish momentum, We are now waiting for a retracement that i drew up on a 4h. We can expect it to come down and retest market structure and the trend line: With that being said we also have a Supply zone that i drew up that we can see it come down and retest. So we have to wait...

Helloandtrade

so we have a possible confluence setup, we have to wait for one or two things: One being that we come down to the 38.2 and wait for a candle stick reversal pattern or were going to break our lower high which i marked in red and we will get a reversal from there we can re measure our fib for a sell opportunity.

Helloandtrade

So if you look at my last two post you will come to understated we had multiple confluences that allowed to easily take this trade without no hesitation. One being we had a touch at the 38.2 ,twice this week on gold which easily confirms that we can ride this up to the 2.6 without having to second guess. Two being we are in a strong Demand zone in a bullish...

Helloandtrade Updated 

we are now waiting to ride gold back with bullish movement we are now seeing gold doing a retracement, i will patiently wait to see a bullish candlestick variation, im expecting it to either retrace at the 61.8 or 38.2. Then to ride it back to the 2.6 before we see another drop! Great things for gold to come.

Helloandtrade

i would say you can have a safe buy to the 2.6 we just had a retrace off the 38.2 and strong candle stick to form higher highs in price to break previous structure indicating that we are still in a bullish market, we have broken previous supply in the markets now they are demands so we can expect some buyers to keep pushing on to the previous 2.6 to get out at the...

Helloandtrade Updated 

waiting for retracement, from yesterdays analysis we needed it to close under yesterdays low but it didnt! instead made a double bottom and broke yesterdays high for a bullish run now we are looking for a retracement to get back in with the buyers so we will wait and see.

Helloandtrade

we have a multiple confluence swing trade set up for usdjpy, i do think its a safe long with proper risk management whether your a options trader or not i think it is a safe trade. we have a 78.6 touch on fib that extends to tp 1 at the 1.27 and i will await for more confirmation in candle stick analysis in the next couple hours to complete this trade

Helloandtrade Updated 

We can tell that we are now in a full bear momentum, also looks like that we have two ways to play this and catch some moves for one we can wait to break and close under yesterdays low to confirm that we are still on a bearish movement or we can catch a retracement but would have to wait but i have a feeling that this confirmation wont play out till a while longer...

Helloandtrade Updated 

This could be a daily short, waiting to see what happens on the 4h and daily. update soon

Helloandtrade Updated 

we have many reasons to enter an easy buy off gold, WE HAVE A HEAD AND SHOULDERS on a 4H, We have a trendline touch on the daily and off the daily we can come to the senses of the 61.8 touch and a engulfing candle on the daily meaning we still in a bullish trend and on that note we have a daily touch on the golden ratio which is the 61.8 which means we have a...

Helloandtrade

we have a trend break on a 4H to start off to end the bearish momentum so i will LOOK for ANOTHER FIB off of the 4h TO COMPLETED THE BULLISH TREND AND BAT, however it has broken the 4h previous low which i will look for a retracement to continue, i

Helloandtrade

we have a trend break on a 4H to start off to end the bearish momentum so i will LOOK for ANOTHER FIB off of the 4h TO COMPLETED THE BULLISH TREND AND BAT, however it has broken the 4h previous low which i will look for a retracement to continue, i

Helloandtrade

We have on a daily time frame a sell order that will complete im sure to the 1.27 i usually like to reciprocate the 61.8 to the 1.618 how ever we still are in a bullish trend which will make the trend line and support area a hard area to break and i will expect it to retrace back into bullish before we can break into the 1.618 area which may take some time but i...

Helloandtrade

Bear Fibonnacci with Tp at 1.27 reciprocal i wont be surprised if it broke down into the second tp which i did mark with a blue line, we can see that we are still in a bullish up trend however we did break our previous low which will put us in a short term bearish trend, i will except gold to fall im waiting for a reversal bear candle, i will finish this analysis...

Helloandtrade

So we seen a test at the Fibonacci Level of 50% were waiting to see if it will reciprocate into 200.0 which is there reciprocal to each other, This will follow into the entrancement of a buy so you can TECHNICALLY SELL INTO the buy but i like it playing off a key support zone in the reciprocal of 200.0 which is where i marked in turquoise color we will wait and...