after the price break the downtrend we see the price went long and remain above 133.900 and could not break it, the price formed as well engulfing candle
I see a nice setup to the downside price broke wedge and going to fall to the downside
after price rejected from trend line i see a potential sell .... how ever we set tight stop loss with big target so hope u all the best
more than confluence we have here the price rejected from a strong level of resistance and more forming two tops also its time to go to third point of the rising channel and more than that we have harmonic pattern witch is Gartley .... i see it would be a nice trade to go with big target and tight stop loss enjoy !!
long term trade ... to the upside .. after the price formed falling wedge in a downtrend witch means the price will reverse to go long
I see an up move to gold . however it reaches to an important area whivh i think will go up .. however i see 1480.206 is the last station for gold i recommend buying gold with tight stop loss would be at 1480.00 ..
i believe gold has done his downside ,, however it bounced from trend line , and if we moved to the daily time frame we will see the candle not has formed bin bar
the price is exhausted to go more up move ... also couldn't break that resistance , however the see the price has to do corrective wave before going more up ,,,, for safe entry wait till the price break that trend line
gold has to do a correction wave also it seems to break that trend line also i got another confirmation beyond that ( my experience )
THE PRICE FORMED CYPHER , BAT AND ABCD PATTERNS TO THE DOWN SIDE
THE PRICE FORMED CYPHER , BAT AND ABCD PATTERNS TO THE DOWN SIDE
as we see the price at very improtant area once the price break the trend line we go short for sure its about 300 pip to our target enjoy .
AS WE SEE WE HAVE HARMONIC PATTERN >> ALSO STRONG RESISTANCE AREA I WILL PUT 147.100 SELL LIMIT
if only go down under 152.500 it will go all the way down and we have to be carefull about 151.350 level
THE PRICE WENT DOWN TO MAKE AN UP MOVE >> I PREDICT THE PRICE WILL FORM H&S THEN TO ABOVE 150.000 >> TO 150.400
FINALLY WE SEE BREAK OUT OF THAT AREA OF CONSILADATION >> NOW WE PREDICT THE PRICE TO GO UP !!