Youza
EssentialWe can see price has dropped below MA's and is locked in a correction way of a bullish flag. On the 15min chart price is now in a triangle pennant. Looking for further falls as under the MA with support levels below to begin buying at.
I monitored the higher highs that gold was making as part of a triangle pattern. The market direction was triggered into the upside marked by a MA cross which matched the uptrend highlighted by the 200MA. Price broke above which was confirmation that we were heading higher, and a simply pattern gave us entry on smaller time frames. Currently running +300pips...
Pound index is showing signs of some easing from the bulls following return to previous highs from Sept 2024. Price is still in an up trend, so the plan is to wait for the next opportunity higher, but for that I want a cheaper price. Dollar is showing signs of recovering so lets hold for fib levels and check support levels. Ideally we want a breakout but I...
Price has signalled that the bulls have paused selling. A strong breakout above resistance and triangle pattern break, we are watching for entries higher and looking for continued selling on commodities such as GOLD. - Current price action on lower charts creating buying opportunities - Watch 15min chart for next signal higher - Monitor for continued strengh
TVC:BXY Price is in long term bull trend but with medium term flag pattern forming which is confirmed by the head and shoulder pattern we have recently seen. I would like to see price move a little lower into Fib level range and then push higher so the plan here is to wait before heading north. 1hr price is confirming down trend so plan is to target crosses...
After a strong day of buying, some easing has taken place over the Asia session and we are now looking at a medium term bull trend with a mixed overall sentiment. Noted that price rised to break a recent fair value gap and consolidated inside a small channel. A double bottom has taken place and oscillators are lining up for this plan. - Wait for break of...
Price has move below the 200MA indicating the trend os down. The market has also signalled that we are now bearish and now we are looking for an entry short. We have a level of resistance as a POI. Keeping eyes on price action on the 15m / 5m charts to scalp an entry.
Price has now closed the gap previously set, and is now on a strong level of support on the 1hr chart. I will be watching this level closely for possible reversal signs and a push higher as this may be a longer term plan. - 1d trend change confirmed - Support level being tested - Watch the 15min chart for price action to confirm - Scalp the entry Thats the...
After a strong push down on the 1hr chart when support was broken, I was waiting on the retracement and next leg lower. The 15min chart is typically where I wait for confirmation and then 5min chart to execute. 15min trend change 5min entry at the next available opportunity in price action Plan done. Holding for confirmation of trend change on the 15min chart.
Higher time frames are indicating that trend is bearish in a long term up trend. Targets 55 or 200 MA on larger time frames. Break support for confirm of lower move
I see price moving much lower due to to continued easing in the US/China Trade war. Here on the 15m, a triangle is forming and we are waiting for further confirmation for price to drop lower. - Plan to sell at market open with high risk setup - Wait for additional confirmation
Here we are looking at the 240/4hr chart. I am seeing price make a push higher from a previously well respected support zone and a possible triangle pattern forming after pushing down from previous highs. Currently we're waiting for bears to push the price down either to the bottom of the triangle pattern, or breaking out to the highs for entries higher. Plan...
Here we are looking at gold on the daily form a bullish pennant on the brink of NFP with eyes on the US economy. Will we see price break and push to previous highs with the bulls? Or will bears look for fake-outs and bring price back down into the shape and beyond?
So I have hit a real brick wall. I have not hit it once, I have hit it over and over again and I need to reset and align myself to my strategy, edge and focus. What is the idea? Well I need to do some more drop down analysis to ensure I am focused and know where the market is going and which direction I am because without it, I am just gambling and I can't do...
We have seen price break from longterm triangle pattern and is now breaking out of a secondary flag pattern. We are surely bullish now and price is targeting the highs. On the daily price has rejected the 50% fib level so I expect a double top to form if not more past that. But for now a double top. Now we wait for further confirmation of the break and play for...
Looking at the 4h and daily time frames we can see that price has bounced/rejected the 382 fib level and could be looking to push higher. There was a small order block below around 2310 which price headed towards before making a reversal. This area presented the 382 fib level which has had some short term rejections. With this, the 382 is likely to predict a 618...
Price has bounced off the 50% fib level on the daily chart and has also broken out of the triangle pattern previously created. Price currently sits at resistance so there are no clear long entries to play here that would be safe to take, but if price drops to previously lows, or creates a new higher high, then we can be waiting for the next leg towards the highs.
With todays price action we see a nice rejection off the falling trend line resistance. US data pushed price for a possibly breakout only to run into resistance and break back down to continue downwards. Price is now forming a bearish triangle pattern with support currently being tested. The plan? - Hold for break of this key level of support - Wait for a...