the_paradox
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the_paradox
At 4H timeframe the bullish flag patter got a breakout. Now the market is retesting the support 2032. The swing marked in black is a swing now, if a 1H candle closes above 2045.05 then is a indication of impulse of the swing. The target and SL is marked in the chart. Risk: Reward ratio 1:2.73The market went down for the further correction. Lets wait for the level 2045.05 to break in 1H time frame.
the_paradox
Gold weekly is in bull(Impulse wave already in move). 4H timeframe :: There is falling wedge pattern Falling Wedge :: TP : 2091.10 SL : 2013.39 D timeframe :: There is a swing and bullish flag. bullish flag :: TP : 2166.70 SL : 2013.39 Swing :: TP : 2133.75 SL : 2013.39 The CMP has taken support of 4H ascending trend line pattern.
the_paradox
Daily time frame has swing breakout and Inverted H&S pattern as well. the Inverted H&S pattern has 1:1.69 as risk reward ratio.
the_paradox
hi traders, The current swing of the XAUUSD in daily time frame got delicious risk: reward ratio. If the 4H candle closes above 2041.29, the impulse wave of the swing starts. SL : 2009.96 Target : 2228.13 Risk : Reward => 1:6.07There is a inverted H&S pattern in Daily time frame. Will post a video on that and link here.
the_paradox
The gold is still in the control of the BEARS, now it's in the correction rally. If a 4H candle closes below 1910.35, the BEARS will dominate.
the_paradox
1932.14 is a critical level in gold, if a daily candle closes below 1932.14 can expect a strong bears in the market. The market can fall up to 1875.37 after daily candles closes below 1932.14.
the_paradox
hi fellas., The previous descending triangle pattern in 1H time frame SL has hit, which turned out to the DT in daily time frame.Now in daily, if the DT neckline breaks can expect the bears in control to hit level 1890.19.
the_paradox
There was a descending triangle breakout, we can expect a gold to fall more by 22 $ further.Have explained on how to trade on the descending triangle pattern as well.Please post your suggestion or feedback or doubts in the comments section & and do support on YouTube as well.:-(
the_paradox
There is a double top pattern in daily time frame and currently the market price is below the neckline.If the Daily candle closes below the neckline expect a BEARS in gold.The gold can bounce from the support of ascending trend line/support and go for the impulse from thereDaily time frame DT neckline has broke.
the_paradox
In the attached link I have explained swing in 4H/1H , after the 1H breakout market went to re-test. add more position if possible and hold till the target level mentioned in the video.risk reward ratio is 1:3Have a tight SL.:-(
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