I made this analysis of Accumulation and Distribution ranges on Bitcoin. On the current level we can clearly see its forming a range which can work as Distribution and go down at least a key level bellow as we can see on the horizontal lines. Or it can make a spring bellow the range and push up to a new level above new all time highs. The question is: We are now...
Wyckoff structure of accumulation on Gold on Daily time frame. It this confirms price Change of Character from Phase A, and now started a new Phase B. Where it can test the previous low near the AR at 2280.
This is Gold on the last 10 years, its possible to see clearly the Accumulation ranges, which later expand to new ranges above, and starts a new Accumulation range. In the long term, all the currencies tend to lose value in relation to Gold, this is why in the last 10 years we only see Accumulation + Markup + Accumulation + Markup, and never a Distribution...
Idea on the chart with support and resistance. When we look to the left side we can se areas of support and resistance where GOLD have been reacting well.
Picture this: the XAUUSD trading pair, Gold versus the US Dollar, is like a playground game of tug of war. On one side, you've got the bulls (buyers) yanking the rope, trying to pull the price up. On the other side, you've got the bears (sellers), doing their best to yank the price down. Now, imagine there are lines drawn in the sand on each side: these are your...
Gold is expanding around this key levels, once rejected by 1704, dropped to the next level at 1645, once rejected at 1645 can drop to the next level at 1586. When reach 1586 area, a heavy negotiation can happen, price can pullback to 1645 or continue dropping to the next level at 1529. While USYields 10 years continues going up, I see gold going downwards to meet...
Gold crossed the key level of 1704, now is heading to the next level at 1761. But before might comeback to test 1704 and from there decide if will continue dropping to 1645 or bounce to 1761. I'll be looking for a sell entry when the market open during Asian session on October 5th
I've been using the Fimathe strategy in one account with a 80% winning rate. If price cross this areas I'm looking for buying or selling.
I've been using the Fimathe strategy to day trade in one account with a 80% win rate. When price crosses this areas I'm looking to buy or sell.
If price cross this areas I'm looking for buying or selling
I'm buying or selling when price cross this areas - using the Fimathe strategy Target Prices and Stop Loss are in the chart.
I'm looking to buy or sell when price cross this areas, using Fimthe Strategy
Using Fimathe strategy - when price cross this areas I'm prepared to buy or sell.
If price cross these areas I'm looking to buy or sell. Although 1906 is a key medium resistance. I'm more biased to sell after confirmation of rejection on these areas.
Following the Fimathe strategy, if price cross this areas I'm looking for buying or selling at this regions. If you look at my previous analysis using this strategy will see target prices been achieved.
If price cross this areas I'm looking for buying or selling. Fimathe strategy
I'm looking to buy or sell if price cross this areas. Fimathe strategy.
At January 31.01.2022, If price cross this areas I'm looking to buy or selll, using Fimathe strategy.