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MzansiObi replied May 25, 202026 May 2020 H1 Sell zone produced some overhead resistance throughout the day, but D1 bulls managed to get price going and currently trading above the H1 200. And the H1 Zone has turned neutral looking to flip bullish, the outlook for Gold remains ...
4 + 1 (Metals) strategy
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MzansiObi replied May 25, 2020update: pending buy order 1728.28 SL below daily low Green Pips
4 + 1 (Metals) strategy
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MzansiObi replied May 25, 2020update: upper band of the H1 sell zone retested and providing some pullback, the D1 buy zone has provided the bounce and buy orders already scaled out and stops at BE plus.... lower timeframes are still pointing at further bullishness, as such next ...
4 + 1 (Metals) strategy
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MzansiObi replied May 25, 2020Thanks for the heads u9p mate.......will gladly take the minor pip movements it offers
4 + 1 (Metals) strategy
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MzansiObi replied May 25, 2020Hi Auri im actually looking for a drop towards the 26.80 handle, lower time frames are suggesting there may be hidden RSI divergence on the play here, unless we break last weeks high then expecting further weakness till mid week.. with that said, ...
WTI Crude Oil Trading
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MzansiObi replied May 25, 2020Hi Mate Yes, i agree, if the current Bearish lower time frame zones do manage to push us lower and hold up,and price breaks the previous weekly low, a retest towards the breakout level is back on the cards, as mentioend when we were at the multi ...
4 + 1 (Metals) strategy
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MzansiObi replied May 25, 202025 May 2020 Price has fallen back below the H1 200 following that gap lower on the open, as such will be looking to see how price behaves following the London Open hour and throughout the day as it is a US banking Holiday, current price handle is ...
4 + 1 (Metals) strategy
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MzansiObi replied May 22, 2020Update: Bullish LO and H1 manages to close above that 1734.71 as such pending buy order1734.71 SL below previous daily low. Green Pips
4 + 1 (Metals) strategy
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MzansiObi replied May 22, 2020Update: First Hurdle for the bulls has been broken. That H1 200 handle has been broken and price has pushed an impulse wave higher, Need to see a bullish H1 close above the 1734.71 handle for continuation Given the H1 is bearish, should the H1 bears ...
4 + 1 (Metals) strategy
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MzansiObi replied May 22, 2020Hi Rudrax. Glad to see you back my friend! Bag those Pips.... it’s good to take a breather every now and then mate!!
4 + 1 (Metals) strategy
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MzansiObi replied May 21, 202022 May 2020 Price has almost come full circle, looking at the recent dip in price from that right shoulder, our logic and bias held up and the decision to scale out of positions as price approached that right shoulder on the H1 assisted to ensure we ...
4 + 1 (Metals) strategy
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MzansiObi replied May 20, 2020Update, H1 RSI and Stoch both pointing lower, however will keep on looking to recycle the buy dip handle as ptice still has room to the top...
4 + 1 (Metals) strategy
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MzansiObi replied May 20, 2020Update: another retest of the H1 Buy Zone Producing another bounce....as we mentioned on the daily outlook, we keep buy the dips and scaling out near the right shoulder up until price breaks that head at the structural high, which would mean the HnS ...
4 + 1 (Metals) strategy
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MzansiObi replied May 20, 2020Associated image, to support the levels and outlook, the H1 RSI still has room to the topside and is above the 50 supporting the notion that the H1 buy zone still has steam to drive us higher , the H1 buy zone at point A is upward sloping and ...
4 + 1 (Metals) strategy
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MzansiObi replied May 20, 202020 May 2020 Price managed to get a bit of a rally and push on from the H4 support and Buy zone, H1 has also flipped bullish and as such the outlook becomes to look for bullish signals on the H1 as and when price gets back inside the H1 Buy ZOne.... ...
4 + 1 (Metals) strategy
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MzansiObi replied May 19, 2020Finally managed to get back above it and stay above it, as such the continued trading of price at said levels has seen price pull up the H1 zone and its currently in the process of turning bullish, as such the outlook becomes to wait for the daily ...
4 + 1 (Metals) strategy
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MzansiObi replied May 19, 2020H1 struggling to stay above the 1743.96 handle, we can continue buying dips and scaling out as and when price approaches that handle as it seems to be looking to challenge it, but becomes wise to keep recycling the buy dip handle till it fails, and ...
4 + 1 (Metals) strategy
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MzansiObi replied May 19, 2020Partial profits taken off the table, stops at BE plus.....that H1 break and close level becomes next hurdle(Point A)
4 + 1 (Metals) strategy
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MzansiObi replied May 19, 2020Price contiues to be rejected from breaking interim support, as such, will contiue looking for those Buy dips... Just requires a modus of patience before it gets going again...
4 + 1 (Metals) strategy
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MzansiObi replied May 19, 2020Update: Previous H1 close bullish and this inside the H4 buy Zone wwherein we have seen the bullish confirmation, as such the outlook becomes to buy cautiously and look to first get above 1734.80 on the M15 and then the H1 getting a break and close ...
4 + 1 (Metals) strategy