


youowemeson
Strong resistance on the four hour time frame,previous high needs to be filled and news involved
Huge reversal pattern on the four hour time frame,the move is still reacting but has not yet completed,clear breakout structure is still in place
The current structure has an imbalance so a collapse is expected from my side plus we have a bearish flag formed waiting breakout towards the lowest low of the structure
We are facing a bearish triangle awaiting a breakout on H4,h1,m30,15 and m5 when this happens which is likely to be anytime from now on gold market will either a huge correction or reverse back to the downside
Pattern got a strong resistance level and respected it so a push to the downside is expected
Prise was moving on a rising wedge and got a strong support level which turned into resistance
0rice pushed above strong support level and now playing within the strong resistance,it formed a bullish continuation patterns so I'm looking for buys
Price is moving on an uptrend looking forward to closing previous highest high
Firstly my apologies for the messy chart,Pattern broker and retested and I had a three move touch on my resistance marked with a rectangle
What I have realized is price is ranging in between HOD and LOD using inside multiple rejection zones to confuse me,so for now I want to see if it will buy till the HOd since I spotted a ranging market
Avoiding all necessary setbacks today,let me just look at it until it gives me what i understand
Yesterday mistakes need to be avoided today no trade setups so far just looking at it
Simple price action all patterns and structure says buy nothing fancy
Simplified price action explained using trend charts ,I just see a bullish continuation pattern forming which is continuously taking out both buyers and sellers out just need to spot a good entry on it
Simple price action explained on the chart just waiting for a possible buy impulse move...
My gold bias is strictly focused on price action,the normal price action nothing big so this is what I have in mind
Here is a clear setup on m15,symmetrical triangle shown and continuation of the uptrend marked.🙂
Just my idea not a trade advice,on m15 and m5 we have a symmetrical triangle awaiting breakout,but it seems pushing more to the upside.On m15 this whole channel is a pattern measured by its flag pole you will fine your tp,and again during this whole consolidation on m1,m5 you will find that price is against a major resistance from your left "h1" and seems more to...