Market Condition Evaluation based on standard indicators in Metatrader 5 - page 16
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Next pair to watch for possible trading on Monday is XAUUSD:
H4 timeframe - breakdown may be started (it is started on open bar):
D1 timeframe - it is same situation - breakdown is started on open bar:
It may be good tpo watch this pair for the whole next week for possible trading.
Next candidate for trading for the next week is XAGUSD.
H1 - breakdown is started on open bar:
H4 - ranging but this pair in bearish as primary trend anyway
D1 - ranging. But if the price will break 31.27 level so we may have breakdown on D1 timeframe
That's all news
This is USDJPY M1 for now. Do you see red dotted line on the chart? This is possible level for sell stop order:
Breakout for USDJPY is just started on M1:
Next pair to watch for possible trading on Monday is XAUUSD:
H4 timeframe - breakdown may be started (it is started on open bar):
D1 timeframe - it is same situation - breakdown is started on open bar:
It may be good to watch this pair for the whole next week for possible trading.
XAUUSD breakdown:
Next candidate for trading for the next week is XAGUSD.
H1 - breakdown is started on open bar:
H4 - ranging but this pair in bearish as primary trend anyway
D1 - ranging. But if the price will break 31.27 level so we may have breakdown on D1 timeframe
That's all news
XAGUSD breakdown:
This is USDJPY M1 for now. Do you see red dotted line on the chart? This is possible level for sell stop order:
And this is updated situation for USDJPY.
USDJPY H1 - breakout. By the way - finishing for now:
H4 timeframe - it was reversal. By the way - do you see trendlines as the criss-cross? It is some kind of pattern ... I do not remember which one (I am not professional with patterns; I understand them in intuitive way). So, if the price is above this kind of pattern so it is indicated for uptrend, below - for downtrend.
Breakdown is started for USDCHF H1 timeframe:
But price is in ranging area inside Ichimoku cloud so this breakdown situation may not be stable one.
H4 timeframe - not breakdown yet but price is coming to Ichimoku cloud (ranging market condition). If price will break 0.9077 resistance line so we may have bearish market condition for this pair for the long time.