TREND ANALYSIS & TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
Wait for entry setup, if available then Long/short.
R:R is 8 to 12 times.
Silver after reversing from a bullish Harmonic Gartley is retesting the PRZ which now coincides with the PRZ of two Bullish AB=CD patterns (60/162) & (78/127) If it can sustain above 16.35 then it could retest 17.40/17.75
Always one should have their trading system as simple as possible here are the proven simple system which works in all time frames...
I have been testing this simple trading system with these indicators for 100% profits every day.
Enjoy the profits.
REASON FOR GOLD BUY CALLOANDA:XAUUSD
1) MULTIPLE TIMES RETESTED AND REVERSED THE TRENDLINE OF 4 HOUR TIME FRAME
2)TRIANGLE FORMATION AND TRADING AT TRIANGLE BOTTOM
3) REVERSAL CANDLE STICK CONFIRMATION
EXPECTING CRUDE TO FALL FROM CURRENT PRICE....
REASON FOR SELL CALL:
1) CHANNEL TOP IN 4 HOUR TIME FRAME
2 )GRAVE STONE DOJI AT 4 HOUR TIME FRAME AT CHANNEL TOP
3) HOURLY BEARISH ENGULFING
4) HIGHER TF TRENDLINE REVERSAL
5 )STRONG 4 HOUR RESISTANCE
One can look for one more small move with in the structure , Once it completes its corrective nature it will make high likely up to 21.00 +
Silver basically its in side ways pattern form Quite Years , Expect to be with in the range of 21 as top and 13.7 as bottom ,
for your personal understanding you can have a look on weekly time frame and you will...
Disclaimer My assumption is just for education purpose
Consult your financial analyst before taking any investment related decision.
Crude Is trading In a small Range break out on any side can give u a short term rally