NeroForteFX_255

NeroForteFX_255

CPI today 12th Feb has pushed it away from support. double bottom on the 4H, now its a bull ride to the resistance line. 2WEEK uptrend.

NeroForteFX_255

Lookin at the bigger picture, 4H seems to show what really happened we were caRriedout by last weeks downtrend. Seems to me that we have retested the support creatin doublebottom.

NeroForteFX_255

The four hour chart and daily coincides and todays News gave us further momentum up from the double bottom. We might break the channel up and keep long if rejectsed its going to be a longterm BEARISH trend next week.

NeroForteFX_255

We shall start going long after the trendline is rejected for almost 2 weeks. You are welcome. we take liquidity here and thats it

NeroForteFX_255

We initiate a long position even if there’s a break above the upper channel, viewing this break as a temporary move to collect liquidity. This liquidity grab pulls in stop-loss orders and triggers buy orders from traders who react to the breakout. Once this liquidity is gathered, we expect the price to reverse and move back up toward the supply zone, where we...

NeroForteFX_255

I am not familiar withthis pair so, I saw these setup If u can comment feel free. the gap gave bearish moment its now retesting to drop

NeroForteFX_255

There is a change of structure ut some gaps are unfillled if.

NeroForteFX_255

Lower support rejected, I expect price to go for supply to the top trendline/resistance

NeroForteFX_255

there is still high demand for gold due to fundamentals, technically also we see the channel up top trendline hasnt been touched yet. the previous idea was 100% correct

NeroForteFX_255

Broke the falling wedge , we could see a very strong reversal. NEXT STOPS ARE THE PREVIOUS SUPPLY zones which brought us here

NeroForteFX_255

today the market was collecting liquidity to start moving up. given the cease fire in the conficts we heard. Watch this area for breakout. IF IT GETS REJECTED we shall be looking for a new all time high.

NeroForteFX_255

right now london is making the accumulation plhase. newyork is expected to distribut bearish supported by the technical analysis trendline on 4h is broken as wellretesting as 20 ma crosed below 100

NeroForteFX_255

we are retesting the bottom line if broken strong bearish else we need to finish the setup to the liquidity zone(supply)

NeroForteFX_255

seeing the channel expanding strong bullish. out of the flag we witnesed last week. The flag is complete and we broke the upper trendline with utter momentum, now its time to follow the new pattern forming.

NeroForteFX_255

We are completing the flag then wait for confirmation wether it will confirm or reject

NeroForteFX_255

We have touched the bottom 3 times and couldnt break the low today(PSAR REVERSED). If we touch the top of the flag and reject it (most likely) we shall go bearish till the bottom trendline of the 4hour timeframe. else break and retest the top of the flagwe shall continue bullish.

NeroForteFX_255

The key is to confirm the break or rejection. If we reject price will go up there to seek liquidity and potentially roll down for a very long time. Am open to questions and suggestion plus opinions only.

NeroForteFX_255

If we break the low of the 1h we shall go short for a very long time until we reach the demand zone of the lower trendline in the four hour trendline. If its not broken we go long. Just waif for confirmation. BREAK AND RETEST THEN ROLL. if its a 3 bar confirming rejection I go long.