Looking for market to form Head & Shoulder on the 4H timeframe
We see market broke previous resistance level and also created a gap. There are various take away from today why I believe market will reverse now to bullish to target 1768. 1. Whenever a resistance level is broken and has become current market support and retested it signals that market is looking to return to original trend. 2. We can see that market is is...
After forming triple tops at Key Resistance Level we now see market pushing to the downside. Our target is long 1.77000
We could see market continuing the bullish trend to 1768 as it just formed 2 reversal candlesticks (Spinning top followed by a Doji) which suggest market is looking to reverse from bearish trend.
Looking for market to hit 1.90000 (daily key level) before pushing to the downside
We see market breaking and retesting trend line before pushing to the downside
We see market market forming Head & Shoulder before pushing to the downside
Looking for gold to push to the upside after forming handle. shows gold have been forming cup since 2012. During the 2019 period we see where it has been forming a flag pattern and has now broken out of the flag pushing to the upside. weekly also shows that gold have been respecting key levels also.
Looking for market to push to the upside after testing support level.
Looking for market to fluctuate in this region for a bit before pushing to the down side to 0.69900.
Looking for market to push to the down side once it tests Key Resistance Level. If market breaks the level 1.10750 then we are looking for a sell to 1.08850.
Looking for market to form handle as it has fully completed CUP.
Looking for market to respect Key Levels as per analysis
Looking for a bearish trend to complete Cup at 1.30500
Looking for market to complete Double Tops at key levels as per analysis
Looking for market to complete Triple Tops at key levels as per analysis
Looking for gold to complete a nice Cup and Handle during this market structure.