₦airaland Forum

XAUTrader4L2:
Break of the HL would mean gold has topped and bearish move beginning. Break of the LH would just be continuation of the bull run.

The former seems to be the case.

Let's see how it goes though.

LincolnOnyeabor:
The former seems to be the case.

Let's see how it goes though.

Yea

jsheng:
Hello friends

In the image below, we saw a 5wave count of the bullish wave, wave 5 signal the end of the bullish trend, the beauty of wave theory and technical analysis, it allows you to define the beggining and the end of the trend

USDCAD for me I will go long on the pair

Wave 1 is the beggining of the new trend, don't jump on the market yet, wait for a bearish correction which mark the start of wave 2, then you can buy the pair for a long ride to wave 3

I will analyze the pair with images

Patient guyz

Guyz trade finally going as predicted weeks ago

Patient

peteregwu, it's been quite awhile you posted those swing trade calls of yours. Hope you are still keeping up with this business of ours.

jsheng:
Time for a trend reversal

Bullish impulse movement loading

Patience guyz

Good day friends,

Couple of weeks ago, I mentioned it here that it's time for a trend reversal.....

Some were for, and some were against

After the a 5 wave count of a bullish trend, there is expected is a trend reversal or a bearish correction

Same applies to the ABC Bearish trend
After the wave c, we expect a trend reversal or a bullish trend 📈 surfaces

USDCAD took the whole month to decive the inexperienced traders and they were selling the pair, while I was waiting and holding my trade knowing fully well how the market behaves

Time for patient to come to play

jsheng:
Guyz trade finally going as predicted weeks ago

Patient

Watch dogs 👀

👍👍👍👍👍

Cpi day

Una wel dun.
Oday na na xauusd buying and selling. Abeg any hidden news dis one wey xauusd dey go from 3250 to 3258, then reverse again

brownemmanuel43:
Una wel dun.
Oday na na xauusd buying and selling. Abeg any hidden news dis one wey xauusd dey go from 3250 to 3258, then reverse again

I think they are gathering liquidity cause of cpi

LincolnOnyeabor:
I think they are gathering liquidity cause of cpi

Same entry point for over 5 hours. 3250 to 3258 then reverse again. Even right now same ting. I just say mak i see how en dey go i find say na still same

brownemmanuel43:
Same entry point for over 5 hours. 3250 to 3258 then reverse again. Even right now same ting. I just say mak i see how en dey go i find say na still same

Same ooo.

Make dem just break that resistance up above and Gold should buy.

I honestly can't tell what's holding it back sha.

jsheng:
Good day friends,

Couple of weeks ago, I mentioned it here that it's time for a trend reversal.....

Some were for, and some were against

After the a 5 wave count of a bullish trend, there is expected is a trend reversal or a bearish correction

Same applies to the ABC Bearish trend
After the wave c, we expect a trend reversal or a bullish trend 📈 surfaces

USDCAD took the whole month to decive the inexperienced traders and they were selling the pair, while I was waiting and holding my trade knowing fully well how the market behaves

Time for patient to come to play

Do you take trades off the weekly timeframe

I also waited throughout last month to get in on the buys but the market wasn't ready yet. currently waiting for a pull back on the 4h to join the bulls.

Ebus03:
Do you take trades off the weekly timeframe

I also waited throughout last month to get in on the buys but the market wasn't ready yet. currently waiting for a pull back on the 4h to join the bulls.

YES

The real structure of the market is on Daily, Weekly and Monthly, while 4hr and lesser timeframe is to take your entry point

LincolnOnyeabor:
Same ooo.

Make dem just break that resistance up above and Gold should buy.

I honestly can't tell what's holding it back sha.

Morning mate, this ting dun start same again 3230 to 3238 then reverse for over an 1 plus now

brownemmanuel43:
Morning mate, this ting dun start same again 3230 to 3238 then reverse for over an 1 plus now

Similar thing is playing out on Us30 and Ger30.

Seems there's plenty red folder news tomorrow.

They are gathering liquidity on ether side of the Market.

Let's see what they do sha.

Good morning boss.

I'm on a swing sell on Oil though.

You can catch an entry

jsheng:
YES

The real structure of the market is on Daily, Weekly and Monthly, while 4hr and lesser timeframe is to take your entry point

💯💯 Once you get those two right.... Every other thing will be a smooth ride

LincolnOnyeabor:
Similar thing is playing out on Us30 and Ger30.

Seems there's plenty red folder news tomorrow.

They are gathering liquidity on ether side of the Market.

Let's see what they do sha.

Good morning boss.

I'm on a swing sell on Oil though.

You can catch an entry

I tink since America has lifted ban on Syria and one arab nation has pronised 600B dollars investment to oga trump

brownemmanuel43:
I tink since America has lifted ban on Syria and one arab nation has pronised 600B dollars investment to oga trump

Yeah.

It was Saudi Arabia

Donsheddy:
💯💯 Once you get those two right.... Every other thing will be a smooth ride

Learnt something new and it works really well on this timeframes.

Putting it work slowly but surely.

LincolnOnyeabor:
Learnt something new and it works really well on this timeframes.

Putting it work slowly but surely.

Those higher tf defines my bias going into any day or week

XAUTrader4L2:
Break of the HL would mean gold has topped and bearish move beginning. Break of the LH would just be continuation of the bull run.

a zone can only be termed higher low if it broke above a previous high,forming a new high. the zone you marked as higher low failed to take out the high, hence it isn’t a higher low. highlighted zone should be your valid higher low. pics attached below for references

peanutbutterr:
a zone can only be termed higher low if it broke above a previous high,forming a new high. the zone you marked as higher low failed to take out the high, hence it isn’t a higher low. highlighted zone should be your valid higher low. pics attached below for references

Swings are used to determine the structure of a market. The zones there are demand and supply zones as a result of the swings. If a HL cannot take out a previous high then that is just a potential structure change.

Donsheddy:
Those higher tf defines my bias going into any day or week

But Gold has been somewhat unclear the past couple of days.

jsheng:
YES

The real structure of the market is on Daily, Weekly and Monthly, while 4hr and lesser timeframe is to take your entry point

This is my baiz on the USDCAD pair bearish 📉

The implication of this on the EURUSD GBPUSD AUDUSD NZDUSD will be bullish 📈

My Grandma always wisper to my ear every night that I should always buy PATIENT and keep, it will be useful in time of farming

I greet everyone in the house

LincolnOnyeabor:
But Gold has been somewhat unclear the past couple of days.

Its been clear the whole week

jsheng:
This is my baiz on the USDCAD pair bearish 📉

The implication of this on the EURUSD GBPUSD AUDUSD NZDUSD will be bullish 📈

My Grandma always wisper to my every night that I should always buy PATIENT and keep, it will be useful in time of farming

I greet everyone in the house

I've got this as well. Actually selling it presently on one prop account. A wick has already filled that gap on the Monthly timeframe.

Your charts doesn't have that wick though.

Fingers crossed. Let's see what the Market does.

Donsheddy:
Its been clear the whole week

Yeah. On the higher timeframe.

I was referring in terms of entries and SL placement.

E chop me wela this week I no go lie.

But we mooove regardless.

Donsheddy:
Its been clear the whole week

See as it's melting brooo!!!

Omo! Gold dey sweet to trade once you're on the right track of her ooo

LincolnOnyeabor:
Yeah. On the higher timeframe.

I was referring in terms of entries and SL placement.

E chop me wela this week I no go lie.

But we mooove regardless.

Na you go dey use tight sl

XAUTrader4L2:
If a HL cannot take out a previous high then that is just a potential structure change.

You’re contradicting yourself, if a potential higher low cannot take out a previous high, then it’s called a failed low and not a higher low. A failed low signifies an Mms.

LincolnOnyeabor:
See as it's melting brooo!!!

Omo! Gold dey sweet to trade once you're on the right track of her ooo

It might be due for a reversal, m watching

peanutbutterr:
You’re contradicting yourself, if a potential higher low cannot take out a previous high, then it’s called a failed low and not a higher low. A failed low signifies an Mms.

I am curious to know what u think market structure and structure change is. Just because a HL did not take out the previous high does not negate the fact that it is a HL in a bullish structure.

PS: wetin be mms again? I am guessing na ICT something.