Tripple_Trapping_FX

Tripple_Trapping_FX

Using the triple trap strategy, these are opportunities I see for this pair. As GU is above the 50 SMA in 4H and it broke the trendline - looking for buys, if the zone breaks and retest but since it is a strong zone there is a possibility that price may fall rejecting from zone and breaking the 50 SMA. the triple trap strategy is trapping price between a channel,...

Tripple_Trapping_FX Updated 

Using the triple trap strategy, these are opportunities I see for this pair. As Gold broke of the triangle pattern waiting for retest to the previous resistance for buys bcz there may be a possibility to complete butterfly pattern. And if the trend continues waiting for next zone breakout and retest. the triple trap strategy is trapping price between a channel,...

Tripple_Trapping_FX

Using the triple trap strategy, these are opportunities I see for this pair. Gold currently broke the 50 SMA in 4H and also it broke the zone waiting for retest and 50 SMA break in H1 for buys. If not waiting for lower zone to break and retest for sells. the triple trap strategy is trapping price between a channel, SNR and a possible trendline opposite to...

Tripple_Trapping_FX

Using the triple trap strategy, these are opportunities I see for this pair. Currently Gold might be reversing since it rejected a strong zone and started falling down. waiting to see if it rejects strongly at the zone, breaks the channel and 50 SMA. If not then waiting for trendline break and retest to the zone for buys. the triple trap strategy is trapping...

Tripple_Trapping_FX

Using the triple trap strategy, these are opportunities I see for this pair. gold is also at top of the channel, keeping in mind that Gold may be on the verge of forming a butterfly pattern. looking for buys if it breaks the 50 SMA and trend line and looking for sells if it broke the zone and retests. the triple trap strategy is trapping price between a channel,...

Tripple_Trapping_FX

Using the triple trap strategy, these are opportunities I see for this pair. Currently price is at top of the channel and been respecting the 4H trendline, buying opportunity- if price breaks through purple trendline and 50 SMA(need not wait for retest). Selling opportunity - if price breaks the 4H trendline and the zone and retests it. the triple trap strategy...

Tripple_Trapping_FX

Using the triple trap strategy, these are opportunities I see for this pair. As Gold has neared the 50 SMA in daily we can find rejection, to the green 38.2, 61.8 lvls of CD leg of harmonic pattern. Also it has neared to top of the channel, waiting to see how price reacts. the triple trap strategy is trapping price between a channel, SNR and a possible trendline...

Tripple_Trapping_FX

Using the triple trap strategy, these are opportunities I see for this pair. In daily, EU broke the 50 SMA and we can see lower time frames above 50 too, so good opportunity for buys, waiting for retest to the golden zone for buys, we also have another confluence of harmonic pattern that it may retest to golden zone. if it breaks the green zone downside, and...

Tripple_Trapping_FX

Using the triple trap strategy, these are possible setups of this pair. Gold broke through the channel it previously respected and is below 50 SMA, and currently pulling back expecting to see a rejection on either the previous structure support or the golden zone of fib before continuing downside. the triple trap strategy is trapping price between a channel, SNR...

Tripple_Trapping_FX

Using the triple trap strategy, these are possible setups of this pair. As EU didn't retest the zone from previous setup resulting in fakeout, and broke the zone and channel, now waiting for retest and rejection from fib golden zone before falling down. the triple trap strategy is trapping price between a channel, SNR and a possible trendline opposite to channel....

Tripple_Trapping_FX

Using the triple trap strategy, these are possible setups of this pair. As gold has entered consolidation recently but since the price is at the top of channel and if the price hits the zone 3 rd time there will be a triple top situation and could go for sell or if it broke the trendline and zone we have opportunity for sell too. the triple trap strategy is...

Tripple_Trapping_FX

Using the triple trap strategy, these are possible setups of this pair. As Gold broke the zone and has been making higher highs and lows, also price is respecting the trendline and we can see trend continuation divergence, there is buying opportunity and may ride till the top of the channel. the triple trap strategy is trapping price between a channel, SNR and a...

Tripple_Trapping_FX

Using the triple trap strategy, these are possible setups of this pair. Right now the EU is on top of the channel and EU has been forming higher highs and Lows and has respected the trendline. Also keeping in mind that this could be a beginning of consolidation. High probability entry would be these two bcz there are divergences in RSI indicating both trend...

Tripple_Trapping_FX

Using the triple trap strategy, these are possible setups of this pair. Currently gold is making higher highs and lows, and respecting the trendline. Now it broke through our trap and retesting the zone right at the golden zone of FIB if we see shift in momentum to bulls.. going with buyers. also keeping in mind the RSI divergence there is multiple confluences for...

Tripple_Trapping_FX

Using the triple trap strategy, these are possible setups of this pair. waiting for break and retest to the zone. the triple trap strategy is trapping price between a channel, SNR and a possible trendline opposite to channel. In this way we can predict the next movement of the price by seeing the price respecting either one of the traps( a channel, SNR and a...

Tripple_Trapping_FX

Using the triple trap strategy, these are possible setups of this pair. As EU was falling lately here is the pullback we expected, and is at the golden zone of fib which aligns with strong resistance zone, and at the zone we can see small divergence which indicates a momentum with bulls is decreasing in strength and is currently good point to enter sell...

Tripple_Trapping_FX Updated 

Using the triple trap strategy, these are possible setups of this pair. As the gold started consolidating after the bearish move. the triple trap strategy is trapping price between a channel, SNR and a possible trendline opposite to channel. In this way we can predict the next movement of the price by seeing the price respecting either one of the traps( a...

Tripple_Trapping_FX

Using the triple trap strategy, these are possible setups of this pair. Currently GJ is forming a flag pattern in higher time frames. waiting for the break of the zones and retest. the triple trap strategy is trapping price between a channel, SNR and a possible trendline opposite to channel. In this way we can predict the next movement of the price by seeing the...