XAUUSD did not break the daily resistance. looks like there is a bounce from the daily resistance. at 4H there is DT, if the neckline breaks we can expect the gold to fall till the 4H support(very strong support) at 1H H& pattern, after the breakout the target can expect to fall till the 4H support marked in the video.
Gold broke the Range bound in 4H time frame, so the target of range bound I have marked. from the CMP we got more 3042 pips. so any trade in time frame less than 4H be bullish. In between there is a daily resistance in the range 2040.13 to 2048.79. WARNING :: Fed interest rate news is awaiting.
XAUUSD in daily time frame couldn't break the level 1981.71 to confirm the raising wedge breakout pattern. Meanwhile gold is in symmetric triangle in 4H time frame, wait for its breakout. Anybody planning to take trades in time frames lower than 4H, trade within the range of symmetric triangle till the breakout happens.
hey fellas, after the 4H DT neckline break the market moved upwards for the retracement. Rite now there is a 61% retracement. At 30 minutes time frame if a candle closes below 1988.91 we can expect the market to fall further till the DT target 1948.64 which is a 1:3.9 risk reward ratio. If the trade is taken after the range bound breakout downwards, then risk...
in 4H its a swing, & in 1H its a head & shoulder pattern, after the breakout in 1H , its a buy. the take profit and stop loss level in mentioned in the snapshot. hopping the maket will rally up.. if the US OIL closes above 82.60 in weekly, then it's a cyclic DB pattern breakout.
hi All., the trade is in 30min..., there is a swing and ascending trend line as well. The details of SL and target I have explained in the video. Plz do let me know if I had left any other view on this.
5min chart again, the pattern is descending channel, flag... hoping the market will break up as the trend is bull in 5min there is a news today at 6PM IST, core ppi m/m & Unemployment Claims where USD is highly impacted. Hence can expect a volatility in the gold market today.
Small swing in 5min chart. rite now market is in HL in 5min, once the DB in 5min the marked level breaks gold will shoot to target. risk reward ratio 1:2.64 a good buy opportunities.
Crude oil is in cyclic double bottom pattern in weekly time frame. If the weekly candle closes above 82.60 level then consider buy opportunities. If weekly candle closes above 82.60, then wait for the further structure or pattern to form and decide the levels to make the trade.
This is a short trade, in lower time frame. I have linked the BULL analysis of gold in 4H and 1H, plz check for the reference.
The gold analysis is done on 4H and 1H time frame. The symmetric triangle and DB breakout is done. The retest structure looks like a swing. If the trend reversal in 1H, where 1H candle closes above the level 2003.045 go for a buy. The target of DB, symmetric triangle & the swing are all more or less the same level. The take profit and stop loss levels are...
hi all., Crude oil is at HL in Weekly timeframe, at Daily timeframe a triangle pattern is formed and breakout is also done. The weekly timeframe swing target/Daily timeframe triangle target both are 141.34, and the SL is 92.27. at Daily timeframe marked the daily Support and resistance zone and also the possible projection with the coloured arrow marks, till...
Hi All, NG now in a channel pattern in Daily timeframe. Now can try long position. for the more clarity on buy look at 1H/4H timeframe, there is a double bottom pattern but the trend line is not yet broken, once broken the target is almost the top of the channel. Buy : Buy now or after the the double bottom's neck line is broke. SL : 4.788 NOTE : Monthly...
Down trend in 4H, The swing target of 4H and Weekly resistance at the same point. Risk reward ratio is 1 (54 pips) : 2(110 pips) Sell : NOW SL : 0.70805 Target : 0.69080
XPTUSD broke the descending trending line and retest as well. now the current structure is a Swing, and even trend reversal is done. At daily there is a inverted H&S pattern, the red mark is the target of inverted H&S. Monthly structure Target : 1473(43000 pips) Daily structure Target : 1143(10000 pips)
Hi all, GOLD in buy now, a inverted head and shoulder has formed. Target is 1798.785
Copper looks good to buy now. Now the market is at Higher low and trend reversal is already done. ROI : 16.37% Target : 892 SL : 703.55 NOTE : Can go for a buy when market open next trading session. Buy in the June contract and roll over to the July contract during June expiry if the target is not hit. Expecting 2 months to hit the target.
Aluminium went on a profit booking a few days back, now the market structure looks good for a buy. If a 4H candle closes above 192.45 that's when the entry for buy(Aggressive buy). At 4H there is a proper ascending trend line, now the CMP has taken support over the ascending trend line. Can expect a target of 208 in a month, and another target of 218 might take...