US100 It has created a double bottom pattern. Creating a base area around 14000. Using the OB zone, I have found an entry point speculating at 14000. As price needs to cover the long wick at 13350, setting it to be the minimal take profit area. An imbalanced price is also seen at 13250 and 13100 setting it as the second take profit area (close to Fibonacci...
US100 Price is currently moving in BEARISH TREND (H4) Ordering a SELL LIMIT at 13700 aiming for SELL on STRENGTH respecting the trend line. CONFLUENCE:- 1. Trend line acting as resistance 2. Fibonacci Cluster 3. Imbalanced price (price needs to go up) SELL LIMIT - 13700 TP 1 - 13250 TP 2 - 13100
US100 is currently moving in bearish trend. Finding the best Entry Point at 13800 which I can derive from the confluence of 1. OB zone H4 at 13670-13890 2. Fibonacci Cluster - 13700-13750 SELL - 13800 TP 1 - 13300 TP 2 - 13150 SL - 13900
XAUUSD XAUUSD is creating a reversal pattern (HNS) in H4. Aiming for a Buy at 1951.5 (PRICE IMBALANCE) as price needs to up. But the price did not whipsaw, respecting the classic resistance at 1965. NOW AIMING FOR SELL ON STRENGTH AT 2005 CONFLUENCE - 1. FIBO CLUSTER 2. RESISTANCE (RIGHT SHOULDER) 3. OB ZONE SELL LIMIT - 2005 TP 1 - 1950 TP 2 - 1920 SL - 2010
XAUUSD (H4) Price is currently moving in the secondary reaction of a Bullish Trend. Previously I had published a BUY LIMIT at 1947, if price moves impulsively, it will retrace to 1920. I believe that 1920 would be a turnover point due to:- 1. OB zone 2. Fibonacci Cluster 3. Pivot Point BUY LIMIT - 1920 TP 1 - 1970 TP 2 - 2050