1> Bullish momentum 2> Bearish Dollar(DXY) 3> Reaction off of demand zone 4> Reaction off of 70.50% and 79% FIB zone
GOLD is still bearish but it is currently retracing before dropping again. REASONS FOR SHORT BUY 1. Bullish momentum on 4HR 2. Reaction off of a fib zone 3. Bearish Dollar
1. Bearish Dollar 2. Bullish momentum 3. Reaction off of Fib zone
REASONS FOR SELL 1. Bearish trend on 4HR. 2. Reaction off of FIB zone. 3. Bullish dollar.
1. Bullish momentum. 2. LIQ grab around ( 1.09250 ) level. 3. Rejection off of demand zone. 4. Rejection off of 70.50% and 79% fib level.
1) Bullish momentum. 2) Fib retracement on 70.50% and 79% zone. 3) Weak dollar.
REASONS FOR BUY 1) Strong Bullish momentum. 2) Weak Dollar. 2) Fibonachi retracement along 79% and 70.50%.
# Market structure shift # Bullish Market Structure # Fib entry around 62% and 70%
1. Price formed a market structure shift from bearish to bullish 2. QM pattern formed. 3. Entry off of the right shoulder of the pattern 4. SL below previous low. 5. TP slightly above current high #KEEP IT SIMPLE
REASONS FOR BUY SETUP 1. GOLD bullish momentum/bull run, forming higher highs and higher lows. 2. LIQ GRAB caused by NFP both on the upside and downside. 3. FIB ZONE tapped----the 79% and 70% zone was taped and market seems to be holding. 4. 1HR DEMAND zone tapped.
1. Bearish price action 2. Grab of liquidity 3. Rejection off a fresh supply zone
price is in a bearish penant waiting for it to break the penant to confirm entry target is the previous low/support
price has formed a bullish channel and has been rejected at the lower channel trendline. price has also formed a double bottom and price is currently bullish
Price is currently moving in a bullish channel. Price has made a third touch on the lower channel trendline and is currently headed upto the upper trendline.
On the weekly Timeframe, price seems to have formed an inverted head and shoulder pattern currently, price is headed up to the neckline to form the right shoulder but if violates the formation of the right shoulder, will target the previous low which is (the head) to act as our support zone/area.
Price has reached weekly resistace zone and is rejecting the area price has also formed a double top and is likely headed for the necline soo this following week ill be expecting a bearish market but if price breaks the resistance we will continue on with the bullish momentm
price has been rejected on the support zone it is likely to form a double bottom my take is a BULLISH EURUSD first target is the trendline, if it is broken target will be the neckline
Price has formed an inverted head and shoulder bullish momentum is strong