My previous ides has giving us nice profits. Gold has been in a bearish trend since last night , we know that gold cannot carry on down strong if there is no pullback to supply areas.Gold is now approaching a demand zone where i will look to take buys. Use small entry sizes s the fundamentals of gold this week have been busy.
Due to fundamentals on gold and that gold is in a supply zone. i say we could see a short term sell to the next demand zone then we take it from there. tight stop loss as this is more of a fundamental trade
Gold has been bearish for the day, so we looking to follow the trend. gold will be approaching and minor supply zone, which could send it down ,however we have a demand zone there that has shown strong resistance to take the chart down. we have broken a previous trendline which is still in play thats why we have that take profit. what we wait for? 1.Rejection of...
Nas has been ranging from respective demand and supply areas. closer to 3;30 we will look where the chart is and decide from there where the it will go from there.Nas100 seems to be at a very strong demand zone, so we could see it range between these two close zones before making a breakout. will update closer to time.
Gold has previously respected this zone for a sell. However after its recent rejection bears havent come into play. My view for gold is bullish. Reasons why? 1.Markets are positive for gold so far this week. 2.Minor trendline has been broken, 3.Bullish pattern in hourly.
Nas has reached a supply zone which has been a turning point for a long period of time. So we are selling from here and stop loss is just above the suppy zone. since this supply zone has been so strong we need more demand zones to be tested in order for nas to push to new higher highs.We following the pattern for the week which is selling during this time of the...
Approaching demand zone. Eur has been weak. looking for a push to the upside after being oversold.
Still in a sell. Stop loss has not hit and we are still on track to target.
Update of yesterdays idea. Gold has been making new higher lows and lower lows. so looking for sells to next demand zones.
Goodday Traders Nas100 has no clear direction at the moment. We still letting our demand and supply zones give us direction. Nas has broken a zone where it has turned 3 times to the upside already and has now formed a new support area. The yellow zone is a crucial area where we could look for buys and sells. For now i see short term traders pushing the chart down...
Gbpjpy has been bullish but needs to come down back for more demand in order to be a good strong bullish trend. what we wait for- 1.rejection of resistence 2.Broke Trendline 3.Bearish Candlesticks
Nas currently bouncing between demand and supply. our previous prediction was correct , it is currently at a supply zone where various times it has gone down from here. The purple lines represents resistance where the chart has had a turnaround, our possible thoughts into the evening is slow rise up and then in the morning our sell should be in play. unless now...
eurjpy has been in a current bullish market. i think in order for the chart to break next high for a further bullish push , it needs to come down for more demand. What we wait for- 1.Rejection of resistance. 2.Break of Trendline. 3.Bearish candlesticks.
Nas has completed head and shoulders, and has ran to demand area , currently forming support at the area . My option is buy till supply zone then look for a further sell