Trading Ideas
Idea & Forecast
Mon, 18 Mar 2019 21:45:39 -0500
While below 1308-1310 area. May set it to drift down to support 1300-1296 area.
XAUUSD Approaching Resistance, Potential Reversal!
Mon, 18 Mar 2019 21:38:43 -0500
XAUUSD is approaching its resistance at 1311.36 (61.8% & 100% Fibonacci extension, 50% Fibonacci retracement, horizontal swing high resistance) where it is could reverse down to its support at 1298.14 (76.4% Fibonacci retracement, horizontal swing low support). Stochastic (55, 5, 3) is approaching its resistance at 98% where a corresponding reversal could occur.
XAUUSD | H4 | BULLISH — Back to Nursery.
Mon, 18 Mar 2019 21:07:19 -0500
Analysis — XAUUSD | H4 | BULLISH Target @ 1311.50 This is the 100.00% Fibonacci. This analysis has been established through our trend-based Fibonacci. In addition to this is a classic example of a bullish pennant — a pattern every trader must memorise in Forex nursery school. The price has been in consolidation amongst the 50.0% Fibonacci; This key level has not necessarily shown much reaction yet has still proven to be a key zone. In order to fulfil our target we must close above the resisting trend-line of our pennant, We may expect a stop hunt re-testing the resistance turned support after a clear move has been made. If a rejection occurs the price shall retest the support of the pennant. Thank you.
XAUUSD - A bear market be confirming
Mon, 18 Mar 2019 20:35:58 -0500
- Look left, when the market closed exceed to the upper Bolliger Band with support from 2 indicators MACE & FORCE INDEX was highest during for 3 months. To confirm a Bear market. - At present, the price is closed exceed to the lower Bolliger Band with support from 2 indicators MACD & FORCE INDEX is lowest during for 3 months. - Thus, I hope the history be repeating with 3 targets calculate by Elliot wave rule.
GOLD SELL AROUND 618/707 area
Mon, 18 Mar 2019 18:30:16 -0500
daily bearish bat, daily wedge broke to down side, rejected of daily trend line
XAUUSD Daily Supply Level + Fib Cluster
Mon, 18 Mar 2019 16:40:04 -0500
Not other reason needed for me to enter a short order now Am currently long gold but this is a shorter term short trade that I'm happy to take, Low risk + high R:R potential
Mon, 18 Mar 2019 15:57:51 -0500
GOLD end of the bullish momentum?
Mon, 18 Mar 2019 15:56:38 -0500
The market is deciding if the bullish momentum continues or its time for a downtrend. We have a good oportunity for a good ratio in the zone of 1307.500 (blue box). We have to adapt ourselfs to the market movements becouse the market can even break the blue trend line before the price hit 1307.500. Anyway we wait the confirmation for enter any trade.
Mon, 18 Mar 2019 15:54:56 -0500
Mon, 18 Mar 2019 13:22:27 -0500
Inside Bar
Mon, 18 Mar 2019 13:20:01 -0500
XAUUSD - daily inside bar pattern almost complete. Any reject at the top near daily inside bar level is an opportunity to take it downside.
Sell Gold! Bounce off TL
Mon, 18 Mar 2019 10:48:03 -0500
SL - 1309.00 Entry - 1305.00 TP1 - 1299.00 TP2 - 1295.40
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