Now the gap is filled. Don't want to rush into any trades now. Obvious there is a push going from lower boundary. I will watch near term price action drawing to get a direction to book. We have witnessed the catastopic pandemic CORONA pre market conditions got worst for the whole world economy. Post corona how will the markets absorb it!! I have a premarket...
Weekly charts showing that we are having rail roads . We witnessed last full bear weekly close. If we get the direction right this week we may be in good trade. I will watch how price draws on Monday to Wednesday !! Targets ranges could vary!! I write on a personal note. Take Due care!!!
Weekly charts showing that we are having rail roads. We witnessed last full bull weekly close. If we get the direction right this week we may be in good trade. I will watch how price draws on Monday to Wednesday !. Upside range could target 200 pips north where as downside Range as mentioned!! I write on a personal note. Take Due care!!!
Price seems to be pushing from the higher boundary. Currently making LL LH structure. Seems to me the test of resistance zone more shorts are added where as tp lines are open. On the confirmation of BB and Candle print. I'd expect to be on the short side!! I write on a personal note. Take due care!!
Nice 3rd point throw back which seems to me there is enough supply present at the moment. Made a new low suggesting LL LH structure. Price managed to close to the higher supply zone, there shorts threw back again !! Currently there may be more short biasness where as tp lines are open!! On the confirmation of BB and candle print I'd expect to be on the short side...
There is not much movement seen for gold recently. Price tend to be bounded to a range. I believe we are now pushing from lower boundary. Any break down attempt seen to be adding more longs atm. On the recovery of support zone I expect be on the long side.!! On the confimation of BB and candle print I write on a personal note take Due Care!!
Price may have topped for a while after making that 3 strucutres. Eventually price made new low suggesting there is absolute necessity for the continuation of downside. Price has managed to come to supply zone and currently possible sellers hanging into short side where as the next tp lines are open! Volume is quite low at the moment. I write on a personal...
Currently it seems there is a necessity to finish the ABCD structure. We have made new low sugguesting LL LH structure in play. I believe there is high end Supply present at the moment. If price managed to move close to the above supply mentioned on the confirmation of BB and Candle print Expect to be on the short side. I write this on a personal note take due care.!!
Volume is quite low at the moment. I believe there is dead end demand still at play. There was rush to the upside from left to right which is a sign possible bullish sentimental inclusive . Seems the demand zone yet untested still. Expect the untested demand zone to be filled to get the order filled. On the confirmation of BB and Candle print expect to be on the...
It seems EURCHF in the seek of finding a base!!
Volume is quite low at the moment. I believe there is dead end demand still at play. There was rush to the upside from completion 12345 at 4 low which is a sign possible bullish sentimental inclusive . Seems the demand zone yet untested still. Expect the untested demand zone to be filled to get the order filled. On the confirmation of BB and Candle print expect...
Observations +0.23 confluence +Reset level +Channel Retest Remarks +USA Stimulus plan concerns +FED policy DXY correction not done yet it seems. Fill into higher sell limits to make a correction done in within 3 weeks?? Invalidation above high What do you think???
Observations +Channel still resistive +Sell reset to 0 restart +12345 Minor wave +Weekly Inside bar Plan Be Patient!! Waiting 117.xx to reset initial sellers back to sell mode toward swing low to complete wave 5. Invalidation above swing high!