On the weekly timeframe a double top has formed and waiting for the break of neckline to make it a valid one....... A break and pullback to the neckline(32936) will confirm the sells on daily timeframe...... US30 will drop to 29000📉
We broke out of a major zone on EURUSD and we have started the bullish run.... right now I'm waiting for price to break the 1.08632 level and we retest and move to the upside.....if we don't break the 1.08632 zone price will go back to 1.06994 before we finally go LONG
USOIL formed a reversal pattern on the daily timeframe so we expecting bullish moves on Oil so when we clear or break the resistance nd bounce of the resistance turn support we place our buy entries on the zone.... Next target for oil is 93.509 ... USOIL is going to cost 93$/barrell in the coming weeks
Third touch of the trendline or Break of resistance (blue rectangle) and bounce are valid for buy opportunities...... preferably wait for break of resistance and then place your buy entries..... but note the third touch is a valid buy opportunity so wait for price to get to 0.68303
Third touch of the trendline or break of the resistance(blue rectangle) we take buy entries on AU.... preferably wait for break of resistance and bounce before placing your entries..... third touch of the trendline is also a valid buy entry
XAUUSD broke a minor resistance with an impulsive move and now we gradually pulling back to fibonnaci level..... Go long on gold when it gets to 1918.46 or 1920.78 wait for bullish englufing candle for extra confirmation then place your buys
Expecting price to get to 1.60115 and 1.59673 level then get a confirmation to buy on 45 or 30min timeframe and after buying wait for price to get to 1.62253 and 1.62767 to take profit
I picked out my zones using the swings formed by the downtrend of the Gold market the zones i speak of are the supply zones which am expecting the current uptrend to hit or touch those supply zones then i get a proper sell signal from my lower time frame and enter the trade... The demand zones(green color rectangle) which i drew is to get another entry (Buy)...
Expecting price movement to enter into my fib zones which are marked with the rectangles then a price reversal from the current downtrend movement to an uptrend so i advice we watch GBP/USD closely and then we buy GBP/USD