wlwamalwa

wlwamalwa

EG analysis *formation of symmetrical triangle with a bearish bias *price found resistance at the July 2023 high at the Orderblock (0.87026 - 0.86876) *candlesticks indicating bearish momentum since 11/8/23 *on 15/8/23 price broke the bullish trend line from 12/7/23 NB/ price is currently in oversold territory (I.e., 30 on the RSI). Wait for correction and...

wlwamalwa

XAU analysis * Price broke out of bearish channel which took shape between 10/5/23 - 18/5/23 * On 23/5/23 price formed a FVG (Fair Value Gap) @ 16:00 (GMT +3) on 4H TF * BOS (Break of Structure) occurred as price failed to close below 1958.879 * Price ranging between BOS @ 1958.879 and 1980.695 * Candle sticks indicating bullish momentum since forming the last LL...