As we see gold is still following down trend and assuring another swing lower low, Trader can make entry and make proper stop loss above the swing high and safe may run for a short for next week till Tuesday price reach the level mentioned by the arrows. But price may take retrace several time as week is closing for today, but execution from as up as possible may...
As we see, on the chart of XAUUSD, a high probabilistic trade is appeared in 1 hour time frame. Firstly, the trend is downward and it touches very strong trendline of downward Rectangle again and previously price touched and push back down by big money. Secondly, price supports the level of 200 Exponential Moving Average and cloud. As like other pervious swing...
It is not confirmed that price will bounce up,,, we have to anticipate for better confirmation :)
As EURUSD is still following BULLISH trend so price will in average reach the arrow magnitude is showing. Hope you will find helpful to get your trade entry direction. If you see this post is helpful then have a like each other. Behold your trigger, Have a great trading week :)
As it is following toward the major trend, it should reach our estimated arrow range price. Behold the Arrow as its price range and take as support base on EMAs, FIB, Cloud, or Horizontal line. Happy trading session. :)
it is about to start 4 hour Bullish Trend for this week as it is already started toward Bull :)
Last Friday,,, Happy trading week end from me :)
:) --------------------- :)
:) ----------------- :) Comment you thought on this
:) -------------- :) Wait for arrow to breakout white line :)
:) -------------------------------------------- :)
:) ------------------------------ :) The Arrow sign is showing the trend of the Gold Chart. Retracement is going on, yet we expecting after finishing it, the trend will reach the pick of the directed yellow arrows. We will suggest hold the trigger until price comes to its previous swing high support and 10 EMA with a price reaction of a good spiky looking candle...