GOLD PLAYS ~ Likely Long - 190 - 550 pip target range
Hi Everyone, Please see my previous idea which has all the details (Related ideas section).
The current idea/move is the next move following the previous idea.
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Thanks :D!
Going to sleep now so won't be able to keep everyone updated like i did in my prior chart analysis.
Happy trading all! ~~
The current idea/move is the next move following the previous idea.
Please support by LIKING and Following me through my profile.
Thanks :D!
Going to sleep now so won't be able to keep everyone updated like i did in my prior chart analysis.
Happy trading all! ~~
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Looking for double tap off the otherside of the channel lines, testing it as support and then want to see strong bullish bars and follow through.
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Looking for a strong 15min close here for a good probability of higher moves.
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Looking to see this double tap formation and rejection on the 1 hour time frame. The time it's taking to play out is longer hence we need to look at the larger time frame(s).
Price reacting now as we speak and potentially should see movements soon, IF price does rise.
Keep in mind that if price does continue up then IT IS possible to see a trading range being formed. We'll have to see if the breakout above actually breaks out or fails.
IF price doesn't double tap and go up then we may see price come down to test that bottom again. I'll wait and see what happens.
Price reacting now as we speak and potentially should see movements soon, IF price does rise.
Keep in mind that if price does continue up then IT IS possible to see a trading range being formed. We'll have to see if the breakout above actually breaks out or fails.
IF price doesn't double tap and go up then we may see price come down to test that bottom again. I'll wait and see what happens.
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1minute left on the hour candle. Looks STRONG. Good buy opportunity.
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Giao dịch đang hoạt động
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Up we go again.
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Looking for a break above from here
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Watch the 4 hour candles too!
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12 minutes until NFP. We are in a trading range area. Price decided to reject off the upper band. Not enough volume before NFP to drive the price up and BREAKOUT.. Indecision between bulls and bears also. We are at a critical mid point area to decide whether to go up or continue the correction down.
This entire area, even if you zoom out on the 4hour/daily, there's confusion on direction. Up and Downs. More potential trading ranges on a bigger time frame. At this moment i'm approx 113 pip in profit. I will place protection measures and lock in some profits in a safe spot in the case that NFP drives price down.
Remmeber also that we are in a trading range so failed breakouts are probable. Hoping for a breakout with a lot of volume entering.
Getting tired so will be off to sleep soon everyone. Happy Trading !! :D
This entire area, even if you zoom out on the 4hour/daily, there's confusion on direction. Up and Downs. More potential trading ranges on a bigger time frame. At this moment i'm approx 113 pip in profit. I will place protection measures and lock in some profits in a safe spot in the case that NFP drives price down.
Remmeber also that we are in a trading range so failed breakouts are probable. Hoping for a breakout with a lot of volume entering.
Getting tired so will be off to sleep soon everyone. Happy Trading !! :D
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Highlight shows a possible reversal and B wave completion. Might see some strong moves down and potential breaks.
We have 2 trendlines down here too in black, coinciding at the bottom of this trading range for a bounce/failed breakout.
Lets see how price plays :) Fun
We have 2 trendlines down here too in black, coinciding at the bottom of this trading range for a bounce/failed breakout.
Lets see how price plays :) Fun
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Many Resistance and trendlines here. Rejection and probable up moves. Lets see if it breaks out too or fails.
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4 hour candle switched from strong bear to nice bull so far, Looking for it to close well and follow up with a strong bullish candle afterwards.
But remember we are still in a trading range At the moment (on the smaller timeframe, however looks strong to breakout)
But remember we are still in a trading range At the moment (on the smaller timeframe, however looks strong to breakout)
