rokoro2

rokoro2

Really like this markup! Expecting to see gold head down to my next zone. You can't see it on this markup, but on the 15 minute chart it also looks like it's getting ready to break the descending wedge pattern I saw. Stochastic indicator is also overbought at the moment.

rokoro2

Trending within our channel, recently got a bounce off line, maybe get some sells in

rokoro2

GJ is still trading within my channel from previous markup. I also see that Adx is showing bullish movement, so I will only be taking and holding for buys. I do also expect price to drop to 50% level before continuing up. On a scalping level, if price breaks my descending wedge I want to take quick sells

rokoro2

Off of what I am seeing, GJ is currently in a descending triangle. It could either bounce off the zones a few times, or continue pushing to the upside.

rokoro2

can't tell if it will break and retest my trend line just yet or continue in downtrend but I have set an alert. What do y'all think about GJ?

rokoro2

Gold currently ranging, but expecting a push up if it can bounce off that zone. Possibly a strong zone due to different confluences. -Waiting for break over 100 SMA before jumping in

rokoro2

-Break of preexisting trend line -Possible uptrend -Bouncing off weekly level zone and channel

rokoro2

-Bullish adx on 4hr and daily -Break of downtrend + retest -Hoping to continue the bounce off the .38 zone

rokoro2

-Support level broken on daily and weekly and a fib zone -ADX = Bearish -Engulfing candle on daily -Ranging within a channel

rokoro2

Trying to catch it during the swing up to the 50% level on my fib before it retraces back down. As you can see on my chart, I typed out a few confluences I had noticed on the 4hr charts. Also took a scalp on this same set up on the 5 minute and it smashed my TP

rokoro2

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rokoro2

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rokoro2

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rokoro2

Selling audusd during the retracement, ride down to 50% zone

rokoro2

Retraced exactly where planned, now riding the buy up.

rokoro2

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rokoro2

AudUsd is tricky at the moment because: 1.) Reaching my 4hr S/R zone thus making me wait to see what price does before jumping in. Wont be surprised to see consolidation around that zone 2.) It hasn't reached this high since Confluences: Bullish adx and market structure on weekly and 4hr

rokoro2

-Higher time frames seem to be bullish, with daily time frame recently closed with a pin bar testing an area of support. -Previous crossing of EMA 50/200 -Respected trend line