AUDUSD following distribution requirements as well ; plus supply is increasing -> so i expect to complete the test of the utda with a movement on high bearish volume to the downside , we gonna see As we did for gold ; we gonna wait for a break 0. 69700 on a SOW and the retest of it as a lps to take a sell I Suggest you dont do that if your knowledge of the...
gonna post a move deep explaination in what part of the cycle we are in a few minutes. with a stoploss and tp
If price break 1807.85 on a sow imma add an entry at the retest of the zone
Now lets wait on monday for the start of a distribution and SOW
Second entry coming if you missed the first one ; taking a quick buy and ready to get out around 1801.8 if necessary. And also ready to get out 1804.8 is price is showing power
ohhhhhhh and gold be at a level that showed absorption in the past and demand ; even if the supply overweighted it , one more reason why looking for a quick buy. BUT bias is bearish ; u can go read the last chart I posted , more informations, more warning advices. oh shit i want tacos
15 hours ago a shared the distribution of gold saying ; '' Gold currently respecting the distribution requirements. Waiting to see a break of 1808 as a LPS with some SOW '' AAAAAAND we got of break of 1808 and our SOW. if u did not catch the downfall from 1808, well you may have another chance when the LPS is gonna form at the retest around the zone of...
Gold currently respecting the distribution requirements. Waiting to see a break of 1808 as a LPS with some SOW break under 1701.1 and a retest of the zone would give us a confirmation of a distribution
DAILY; started makinf HH & broke upside 1-7.3 which was a zone that showed absorption of supply during days in the last week of May with a obvious presenxe of demand many on repeatition at that zone. Now even if showed some bearish momemtum on the push back, we gonna see if the support is gonna hold which is highly achievable considering how price reacted in the...
Monthly;We can see Price making HH on the monthly and that it broke out of the channel to come back testing the 1.333 zone where at that moment a strong absorption of demand occured. Expecting it to make HH to 1.415 as the next zone to look at and even possibility of it going right back to the wickfishing zone 1.466 where absorption of the demand took place the 2...
Weekly ; Formation of trendline that show demand. Waiting and preparing for the retracement of the last movement. 95.80 showed demand in the past and price was rejected at this zone strongly in the last 3 weeks. Giving us zones opportunities of where the price could start retracing. Daily with the signs of buying interest, price failed to breaj 97.70 three...
Price on the upper part of the channel that showed demand absorption the fourth last time it touched it. Price wicked 1.124 and showed absorption of demand at its level 2 times saying the market is interested in going down right now.
Price on the upper part of the channel that showed demand absorption the fourth last time it touched it. Price wicked 1.124 and showed absorption of demand at its level 2 times saying the market is interested in going down right now.
133.800 area have a possibility of a second entry for the sell if u missed the first one As i said previously, many thinks its a bear trap but no, its actually a bull trap. 30 minutes; 1. Price failed to break 3 times 133.9 2. Absorption of demand was showed at 133.8 and then price could not really close upside it for the rest of the time while still showing...
GBPAUD STARTED MOVING WAIT FOR A RESTEST AND SELL