wajidalikhan2123

wajidalikhan2123

Lets see what we have for today. As Fibbo H1 indicating a reduction in price and movement towards south provided retractement is always due. I see a MRS in 1838-43 area but a HRS sell is also present rite now at 1833-38 area. First support is at 50% level with BB44 mid band around 1818-23 which is also a well tested SNR zone. A stop loss above prev high is...

wajidalikhan2123

Okay lets take a look at surroundings first then we can set the targets for Intraday in Fibbo H1. If we have a look at last two D1 candle patterns, current is almost a doji and previous was a King Bear. This is a clear sign of trend reversal from Bear to Bull. H4 last candle is a hammer and behind it are Three black crows. Secondly H1 also has trend reversal...

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Fibbo H1 indicating upward movement towards 100% level at 1879 but again 50% level Sma200 BB44 mid band is contained by point of impact 1848-53. A possible DB just stands null and void but formation of three black crows are of half validity. I will not call a HRB instead a MRB is at 1818-23 zone as this zone can push the gold towards 19xx as posted earlier (IF...

wajidalikhan2123 Updated 

Fibbo H1 indicating a decline as 100% level is at 1825 but at 50% level sma200 and mid band BB44 all three combined at 1850 making it a very strong support. A high risk sell is at 1873-78 area however waiting is more adivisable. For buy side entry a medium risk buy is located at 1850.

wajidalikhan2123

Q.What is inflation and example? Inflation occurs when prices rise, decreasing the purchasing power of your dollars. In 1980, for example, a movie ticket cost on average $2.89. By 2019, the average price of a movie ticket had risen to $9.16 Q.Does printing more money cause inflation? Does Printing Money Cause Inflation? Yes, "printing" money by increasing the...

wajidalikhan2123

Fibbo H1 is indicating an upward movement and the price has made already half of it but it is likely to dis continue its upward movement as point of impact 1848-53 is containing two strong SNRs Sma200 and BB44 mid band provided 50% level is also serving as resistance. So there is a chance to test 1850-52 area at the most and a medium risk sell is also present...

wajidalikhan2123 Updated 

Same situation as price is hovering around The Point Of Impact 1848-53. Fibbo H1 indicating a decline towards 1836 at 100% level but the price is way above and near 0% level of 1859. To reach destined level of 100% price needs to break the 1848-53 zone and in addition it has to meet Sma200 BB44 mid band 38.2 - 50.0 levels serving as support. Again wait for the...

wajidalikhan2123 Updated 

Note:- I work my plan and if the price reaches my target area I enter the market otherwise leave the trade for the day. I don't change my plan and stick to my strategy during the session. Fibbo H1 indicating a rise towards 100% level 1858 plus point of impact 1848-53 is still containing Sma200. So there are more chances that price may visit the level. Only one...

wajidalikhan2123

Fibbo H1 is at 0.0% level so a high risk sell is rite at 1838-43 area otherwise taking more precautions then wait for a retracement due and let the price test 1853-58 where Sma200 fibbo 38.2% BB44 mid band and 50.0% is present making a great resistance to find a good entry for low risk sell. However a medium risk sell is also present at 23.6 at 1848 where few...

wajidalikhan2123 Updated 

Fibbo H1 is almost near its 100 level at 1838-43 area provided the zone point of impact 1848-53 is also containing Sma200. candle was doji accompanied by a bullish candle. All these conditions are indicating not to enter the market unless price action completely shows a direction and it will be shown if price gets out of this zone. So both sell and buy will be...

wajidalikhan2123

MONEY MANAGEMENT (Stay Long) 100$ Balance Trade Lot size 0.01 = 10 cents. 1000$ Balance Trade Lot size 0.10 = 1 dollar 10,000$ Balance Trade Lot size 1.0 10 dollar STOP LOSS (Save Equity) It should be 10% to 25% max of your balance. Total volume of stop losses of all entered trades must remain under this quantity. No matter stop loss...

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Fibbo H1 indicating a decline towards 1828-33 which seems quiet impossible at the moment. However retracement towards Sma200 and BB44 mid band and 50.0% level at 1848-53 seems possible. Provided 1868-73 zone remains un breakable and serves as strong resistance. This 1870 is a 50% level of MACRO fibbo a major trend reversal point. Below it is 1670 and above it is...

wajidalikhan2123 Updated 

Fibbo H1 for Thursday 1848-53 MRS as Sma200 is above it in H1 and MRB at 1838-43 as BB4 50.0% 38.2% is at support. Breaking either side may lead to further 100 pips movement. So LRS will be at 1848-53 and LRB will 1828-33.

wajidalikhan2123

Fibbo H1 indicates an upward movement and the last candle also closed as bullish. Even then it is not advisable to enter a buy at this point it will be a High risk buy even price is at 0.0% level. There are several resistances within a close price range of 1848-53 as 50.0% Sma200 BB44 Mid band and finally the golden number 61.8%. So neither a sell is advisable nor...

wajidalikhan2123

LRS 1861 BB44 upper band 1863 Fibbo H1 0.0% level. LRB 1846 Sma200 1848 Fibbo H1 100% level 1849 BB44 lower band.

wajidalikhan2123 Updated 

HRS 1853 MRS 1858 LRS 1863 HRB 1848 MRB 1843 LRB 1838 Fibbo H1 indicates a decline towards 1838-43 100% level. All Stoch indicators H1 H4 D1 is on sell signal. All candles of H1 H4 D1 are indicating a decline. However only one thing is a hurdle that price is continuously closing above 1848-53 (Point of Impact). So for the entry purpose I will wait for price to...

wajidalikhan2123 Updated 

Point of impact 1848-53 is doing its work now serving as strong resistance. Added Fibbo H1 indicating an upward movement towards 186x but this point has strongly defended the bears. Again a medium risk sell is around this point and we might visit 1838-43 area this time, as Sma200 is near this zone. If 1838 at Sma 200 broken then next station would be 1828-33.

wajidalikhan2123 Updated 

As per retracement due, I think it has already made and found resistance at 1848-53 38.2-50.0 % level of Fibbo H1. A medium risk sell is around it. A low risk sell is around 1858-63 61.8 % level. Buying can be made at 1838-43 0.0 % level.