IntradayPipz-Mr_Wex

IntradayPipz-Mr_Wex

From a technical perspective, price has maintained a clean bearish structure with us seeing a break and retest in structure there is a strong possibility for for bearish continuation. A break and close below friday's low will confirm that.

IntradayPipz-Mr_Wex

From the current market sentiment, Gold is showing traces of bearish continuation with the bearish flag present on the H4 timeframe. Nearest demand is a potential opt out zone for the sellers

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IntradayPipz-Mr_Wex

With the prevailing trend from the higher timeframe there is a possibility of a bearish continuation regardless of the aggressive correction seen. a break and probable retest of current candles low will confirm the projection for the bearish continuation

IntradayPipz-Mr_Wex

US30 is still maintaining a down trend. price is currently trading in a range. a break above the range will pave way for a buy, a break below will continue the sells.

IntradayPipz-Mr_Wex

Gold has been trading within the NFP range since last week. with the presence of a triple top on the H1 time frame there is a possible incoming bearish pressure. a break of structure at 2013.07 will drag price lower to 1987.35 with stops at 2023.52. Join my live stream @MrWex on youtube.

IntradayPipz-Mr_Wex

There is potential sell opportunity on Gold following the formation of a double top on the M30 time frame. A retest of yesterday's high with rejection is seen with bearish volume hence the projection for a sell. Entry around 2022.75 Stop loss around 2031.30 Take profit around 2008.15 price levels.

IntradayPipz-Mr_Wex

buying opportunity on Us30 pre-fomc. If price break above immediate structure high, volume is expected to push price higher

IntradayPipz-Mr_Wex

After a series of rejections around 32600 price area, there is a possibility for the bears to be respected as we have seen weakness in the bulls. however a confirmation is needed. a break below 32525.3 price level will validate the bears with weekly target at 32162.4 price level

IntradayPipz-Mr_Wex

Us30 is currently in a decisive zone. we could see series of rejection at the left hand side. a possible rejection in favour of the bulls is expected at the zone with target at 31996 price level and ultimately 32150 and 32200 zone

IntradayPipz-Mr_Wex

With the current structure and sentiments, US30 is position for bull when there is a break and possible retest of 31972 price level. target at Gap between 32337 and 32450 price level.

IntradayPipz-Mr_Wex

Price is rejecting the highs at 1823 area. prevailing bearish strength by healthy bearish candles. A close below immediate structure low at 1814.00 will activate more bears with target at 1800 psychological level.

IntradayPipz-Mr_Wex

Price action is still pointinin the bullish direction. there is a clean break of structure on the H4 tf. a possible is expected before a bullish continuation to fill the clean range to the left.

IntradayPipz-Mr_Wex

The bears are still mounting pressure, there is high probability that the bears will carry the day. a break and retest of 83.58 price level should drag price lower to 82.28 price level which is the H1 demand area

IntradayPipz-Mr_Wex

With the current Market structure, there a greater chance of higher prices intraday. buystop at 30774.2 price level with target at 31908.3 price level

IntradayPipz-Mr_Wex

With the rejection at a daily supply, the bears are expected to take over the week. a close below 33275.1 price level should further drag price lower targeting the nearest support at 33000 and eventually dropping further to react at the next demand (32805 - 32705)

IntradayPipz-Mr_Wex

With the current reaction at the supply level, we are likely to see more bears intraday. sell stops at 12824.6 price level with target at 12687.5 and a stop loss at 12905.8 is likely a good scenario to work with.

IntradayPipz-Mr_Wex

With the current development in structure, the bears are expected to carry the day. a drop below 106.43 should pave way for more drop with target at 103.95 price level. stop loss at 108.17 price level.

IntradayPipz-Mr_Wex

Possible sell continuation expected on Nasdaq, a break below immediate structure at 12220.4 price level will possibly drag price lower with target at 12072.7......... stop loss at 12310.9 price level