GOLD - Buy Setup Forming!Hello everyone, if you like the idea, do not forget to support with a like and follow.
GOLD is sitting around a round number 1800.0 so we will be looking for buy setups on lower timeframes.
on H4: GOLD is forming a trendline in red but it is not valid yet so we will be waiting for a third swing high to form around our upper red trendline to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Until the buy is activated, GOLD would be overall bearish and can still break the 1800 level downward.
And of course, as GOLD approaches our upper orange trendline, we will be looking for sell setups.
Good luck!
~Rich
Roundnumber
An Apple A Day Keeps Bankruptcy AwayHello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: APPLE is sitting around a strong supply area in blue and its All-Time-High so we will be looking for sell setups on lower timeframes.
on H1: APPLE is forming a trendline in red but it is not valid yet so now we are waiting for a third swing to form around it to consider it valid.
Trigger: Waiting for a momentum candle close below the gray area to sell.
and until the sell is activated, this one would be overall bullish and can still dive inside the blue zone.
As price approaches our lower green support, we will be looking for buy setups.
Good luck!
GOLD and ETHEREUM - Interesting Combination!First of all, I would like to thank @TradingView for this chart combination!
XAUETH is approaching its all time low around 1.00-2.00 so we will be looking for buy setups!
knowing that this one can still dive inside the zone, reach level 1.00 before going up
For XAUETH to go up, there are three scenarios:
1- GOLD UP, and ETHEREUM DOWN (best case scenario)
2- GOLD UP, and ETHEREUM UP but with Gold moving up more aggressively.
3- GOLD DOWN, and ETHEREUM DOWN but with Ethereum moving down more aggressively.
How to trade it?
Well it depends on your trading style/plan. but here is what I am waiting for as per my trading plan:
ON H4: XAUETH formed a valid channel in red so we are waiting for a new swing high to form around the upper trendline to consider it our trigger swing and buy on its break upward.
The stop loss goes below the last swing low, and we always target double our stop loss size to have an edge over the market.
Meanwhile, until the buy is activated, XAUETH would be overall bearish and can still test the level 1.000 before going up. that's the power of waiting for a confirmation and trigger.
Good luck!
GOLD still waiting for a trigger to sell!Hello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: GOLD is sitting around strong resistance 1900 in blue and brown trendline so we will be looking for sell setups on lower timeframes.
on H4: GOLD formed a wedge pattern in red so now we are waiting for our trigger to confirm the bearish movement.
Trigger: Waiting for a momentum candle close below the gray area to sell.
and until the sell is activated, this one would be overall bullish and can still dive inside the blue zone.
and since now GOLD is sitting around 1900 we will be looking for sell setups on lower timeframes like M30.
we will be looking for sell setups, unless price breaks aggressively above 1900, then the momentum will be shifted from bearish to bullish.
As price approaches our lower green support, we will be looking for buy setups.
Good luck!
GOLD waiting for a trigger to sell!Hello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: GOLD is sitting around strong resistance 1900 in blue and brown trendline so we will be looking for sell setups on lower timeframes.
on H4: GOLD formed a wedge pattern in red so now we are waiting for our trigger to confirm the bearish movement.
Trigger: Waiting for a momentum candle close below the gray area to sell.
and until the sell is activated, this one would be overall bullish and can still dive inside the blue zone.
As price approaches our lower green support, we will be looking for buy setups.
Good luck!
GOLD - Don't Sell Now! - Video Top-Down AnalysisHello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: GOLD is sitting around strong resistance 1900 in blue and brown trendline so we will be looking for sell setups on lower timeframes.
on H4: GOLD is forming a wedge pattern in red so we are waiting for a new swing to form around it to consider it objective/valid.
Trigger: Waiting for a momentum candle close below the gray area to sell.
and until the sell is activated, this one would be overall bullish and can still dive inside the blue zone.
As price approaches our lower green support, we will be looking for buy setups.
Good luck!
DOW JONES - Don't Sell Now! - video top-down AnalysisHello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for US30, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
GOLD --4H analysis--Here is bearish signals on 4H TF like daily TF.
Price is making head and shoulder.
If price goes below 1830 we can see lower targets.
P will share 1H analysis in next post for entry signals.
Follow me to do not miss the trade!
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It will be amazing to share your thoughts and comment about gold here!
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If you liked the idea click like and follow to see more upcoming updates.
I'll be glad to know your opinion in the comments.
This is just a bit of financial advice, do your own research too.
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It's based on top down analysis
DOW JONES Sell Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: DOW JONES is sitting around strong resistance in blue and round number 3000.0 so we will be looking for sell setups on lower timeframes.
on H1: DOW JONES formed an objective wedge pattern in red so we are waiting for a momentum candle close below its last swing to sell.
Trigger: Waiting for a momentum candle close below the gray area to sell.
and until the sell is activated, this one would be overall bullish and can still dive inside the blue zone.
As price approaches our lower green support, we will be looking for buy setups.
Good luck!
DOW JONES video top-down AnalysisHello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for DOW JONES, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
BITCOIN - BTCUSD Sell Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: BITCOIN is sitting around a strong supply and round number 20k so we will be looking for sell setups on lower timeframes.
on H1: BITCOIN is forming a channel in red and green trendline, but it is not valid yet, so we will be waiting for a third swing to form around our lower red trendline to consider it valid and sell on its break downward.
Trigger: Waiting for a momentum candle close below the gray area to sell.
NB: Until the sell is activated, this one would be overall bullish.
Good luck!
DOW JONES - US30 Sell Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: DOW JONES is sitting around a strong resistance and round number 3000 so we will be looking for sell setups on lower timeframes.
on H1: DOW JONES is forming a channel in red, but it is not valid yet, so we will be waiting for a third swing to form around our lower red trendline to consider it valid and sell on its break downward.
Trigger: Waiting for a momentum candle close below the gray area to sell.
NB: Until the sell is activated, this one would be overall bullish.
Good luck!
GBPUSD Sell Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: GBPUSD is sitting around a strong resistance/supply in green so we will be looking for sell setups on lower timeframes.
on H1: GBPUSD is forming an ascending triangle in red, but it is not valid yet, so we will be waiting for a third swing to form around our lower red trendline to consider it valid and sell on its break downward.
Trigger: Waiting for a momentum candle close below the gray area to sell.
NB: Until the sell is activated, this one would be overall bullish.
Good luck!
BITCOIN POSSIBLE REVERSALHello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: BTCUSD is sitting around a strong resistance in blue so we will be looking for sell setups on lower timeframes.
and round number - all time high - 20k!
on M30: BTCUSD is forming a trendline in red (not valid yet) so we will be waiting for a third swing to form around it to consider it valid and sell on its break downward.
Trigger: Waiting for a momentum candle close below the gray area to sell.
NB: Until the sell is activated, this one would be overall bullish.
Good luck!
GBPCHF 75 pip scalp long 22nd OCT 2020Good afternoon everyone, hope you're all well. We have been smashing GBPCHF this week and we are looking for another trade to push into the next trading box. We have a 75 pip target, with a very tight stop loss of 15 pips. There is a lot of trapped volume and the fact that the previous weeks high hasn't been broken indicates there could be a nice push into the next level. The reason for the tight stop loss is because there was a double bottom for the traders that have taken it short. So if the price breaks that level where the stop loss is, it could drop lower into a lower trading box or consolidate. We will hold this trade for 12, 15 min candles and if we don't see any movement we will close the trade.