Look at my previous analysis below in the section. This is a textbook reversal pattern. Im holding this one for a long time. Tp 1 is 145.000 This trade will not take profit this week and may not take profit next week. Extreme patience is required.
I closed my gold buy with great profits. Im afraid that gold will fall to retest the support line from sunday before going for the move up! The Chart Pattern is a Rising Wedge Reversal Pattern on the 15 min time frame. I may put a sell stop at the breakout of this pattern!
This trade idea I posted is running in profit. I won big on the sell! Now im in a buy! If price rejects this resistance area on the chart, I will sell again to the next red support line. I have 3 buy positions opened and im going for bigger in the other positions but I traded them really small. I used a line chart because the candles are really hard to see...
1.The Daily Chart has a falling wedge reversal pattern 2. Price failed to make a new low and is moving up right now on the hour 1 chart. 3. Price found support at a area where price has turned before in the past. 4. Price is oversold on all oscillators and the RSI.
This is a reversal pattern on the hour 1 time frame. On the daily time frame price is oversold on oscillators. If you use A Fib Retracement, price is at the 61.8 of the previous swing. All of this is why im going to buy and hold.
Im selling.... im holding this with many take profits on the way down. This is a reversal chart pattern. This trade will require extreme patience and will last for more than 2 weeks.
I took profit on the sell idea I posted earlier. Now im buying to the 2 take profits on the chart. The trade could take many months to complete The idea here is that im buying on a triple bottom on the daily chart and im getting a confirmation buy candle
Im holding to the area you see on the chart! I think it may fall more but im trying to be careful.. The chart pattern should look like a inverse head and shoulders and from there it may bounce up from that support area..... but I actually think a pullback will happen and then a breakdown.
I posted a sell idea yesterday and we went about 70 pips in profit but price moved back up to retest this resistance area. I am even more bearish now and im still holding the trade. I think it will make a new lower low amd thats how im trading it! See my idea yesterday
Price moved up on the daily chart and stopped at the 50 percent fib retracement of that move down. I now expect a new low. Im going off of the weekly and monthly charts! So you have a Low , A Lower High was made and stopped at the 50 percent retracement. So now I am expecting a lower low! The Charts are choppy! Im not saying if you open a sell now u will...
This is a better look at my chart. I made a mistake with the last post. You can see price is at a critical level and has rejected this level after retesting it on the daily time frame.
It is so easy to see. Price is at weekly support and retested this area on the daily the daily time frame. I am buying and holding.
Usoil made a low , then recently made a lower high , and now im expecting it to make a lower low. I have entered a sell trade now and im holding until price makes that new lower low. Im trading small and im going to let it ride
I expect this to fall immediately! Major divergence on the moves up!
I believe the downtrend is still intact after a huge move up in the channel. I have opened a sell stop and will be triggered in about 15 pips. I believe it will fall all week long.