Aswinacha

Aswinacha

I can see the trend is in up so i am expecting for a buy but if it closes below my zone i am expecting for a sell also

Aswinacha

gold is near weekly and daily buy zone. Hope gold will take equity and fly soon.

Aswinacha

EDUCATION PURPOSE Here i have analysed abt my view on gold. Just learning and making notes of statergies.

Aswinacha

A bullish engulfing is seen in daily time frame. Hence a bullish movement can be seen in future.

Aswinacha

As here we can see a pattern where short time bullish can happen and once it touches the supply zone it WATERFALLS

Aswinacha

here is formed a nice pattern for a drop to happen Checked with fibo and it touched the 68 level and now it can drop

Aswinacha

If the price cut and goes up the bullish engulfing, it will be a 1:3 RR and drop from there to a big position. If the price doest closes above and closes below the demand zone it will be 100% drop.

Aswinacha

I can see a dominant break of a big bearish candle by three bullish candle. Draw a fibonacci from the shadow to the body of the bullish candle that engulfed the big bearish candle. As it reached the 261.8 % fib level, waiting for 121.8% fib level for a perfect sell oportunities. Reasons for sell: 1. Fib level 261.8% at supply area 2. Support becomes resistance at...

Aswinacha

Combining fibonnacci and supply and demand statergy expecting market to be bearish for 1hr timeframe.

Aswinacha

Break and retest and with the help of fib levels if it reacts with 50-61% it will definitely drop

Aswinacha

Break and retest area with fib level 50-61% aiming for 1:1.5 r:r.

Aswinacha

Break and retest and confirmation for fib level (golden zone) 50-61% Hence a short is valide.

Aswinacha

As the market reaches the demand zone where bearish engulfing had happened, the market might show rejction to the demand zone hoping for a bearish movement.

Aswinacha

Here the market has broken the support and took a retest confirming that the support becomes ressistance and hence drop will be happen to the next support area. 1hr chart to be bearish.

Aswinacha

Movign average statergy 100 sma touched the candle with a bearish closing, hoping for a short in 15mins.

Aswinacha

Moving average touching Just a 100 sma (smooth moving average) touched the candle and hence hoping for a 15min to go higher. Waiting for a bullish movement.

Aswinacha

waiting for the breakouts to happen chances of short position soon

Aswinacha

I can see a supply and demand area clearly for GBP/USD pair its a perfect time to put sell and keep target at demand zone and again can put buy near demand zone