Gold is really just consolidating accumulating liquidity. If I'm swing trading I wouldn't enter for now. better to wait for a spike to happen before entering the trade. I have a bearish bias so this is what I expect to happen. grab liquidity to the upside then a continuation to the downside.
UJ broke the support level and now retesting it. I'm seeing this as an optimal level for a sell, SL just slightly above the resistance 148.7(you can go wider) with optimal target 142.26 also here R:R of your choice. Stronger confirmation is below 147.2 you can wait for candle to close that level before entering the trade. Candles above the resistance would...
Price Action has done a CHoCH and is now forming a bearish structure, we likely to see a continuation to the downside completing the pattern. SL is above the resistance on 1.0633 and TP is 1.062
Price is testing the resistance level which is also our orderblock on the daily. There are no bearish signal on this timeframe, confirmation would be below 1.078, however I think this level(the resistance)the trade is worth taking the risk. SL is 1.091 and TP is 1.053 which is now our support. This swing trade is worth 300 pips so you can really close earlier.
Price has formed a breakout + retest pattern possible sell on supply zone. with SL on 1.053 and tp on 1.0233. This is a valid setup. if it goes above 1.053 I'm gonna look for buys targeting 1.08
I might put buys around 5907 with 1:3 R:R with 6125 tp and 5830 sl
Final target for this setup is 67.22 which is the support level Until price is respecting the trendline I'm bearish for OIL
Possible sell on USDCHF. price on support level mostly going to break and continuing the downtrend. we got a strong bearish impulse and the trenline acting as resistance. Target for this setup we can choose signifcant levels or just using a normal 1:3 R:R
Price action closed touching the uptrend, I think this is a good opportunity for buys with 0.6460 as first target then 0.6540. Uptrend also is confirmed by index dollar which is now weakening. Until this trendline holds it is possible to open multiple positions on lower timeframe. TP on the break of the trendline or on a significant level. Good trade.
Reason for this setup price action broke the downtrend forming a CHoCH and retest of the demand zone. for stronger confirmation it should break the the 152.27 and doing a retest. This however is a valid setup although riskier. Target on 153.84 with an R:R of 1:4
Price rebound to the resistance, we got a CHoCH at 1.47 with 21 EMA now acting as dynamic support. Target for this setup is 1.0335
Price is on the OB/supply level and if I'm seeing right we also got a liquidity grab. Price action has accumulated a liquidity trendline and we are mostly going to approach those levels. target fot this is 0.8973
Price is approaching the orderblock level. I set an entry on 71.33 with a 40 pips SL and 70.13 as final target we could also set a partial profit on 70.72 Overall this looks a good setup price is slowly approching our OB level and general trend on higher timeframe is to the downside. This is based only on technical but I also understand that some fundamentals...
If price will manage to break the resistance we could open a buy position targeting the 1.08 level with other intralevels 1.063 and 1.071 Another confluence for this setup we got the dollar index breaking his support so I'm expecting a continuation to the downside for the dollar.
Price broke the previous resistance. Possible buy with SL below the new support target for this swing is 0.65400, for more conservative tp 0.65000. If you're a day trader or shorter term target 0.64000 is also reasonable
Price action broke the trendline and is now retesting the orderblock level. See how the price will react to the orderblock, I'm also using the 21 EMA as the dynamic trendline if it will respect that too then is possible to open a sell with final target 189.5. Good trade My advice is to open a small position for every trade. Honestly the only way to grow small...
We are on a strong downtrend for GOLD and price is near the daily orderblock level. It is possible to go for a sell targeting 2450. for short term target 2545 level instead. As a swing trader I analyze on the 4hr timeframe but if you're looking for multiple TP is better to look for shorter timeframes like the 1hr or 15 mins to see the levels for TPs