This is very similar to the gold set up on sunday/monday we had.
We have a 4H trap move zone (purple) it is a trapped engulfing on the 4H.
As usual, we wait for the retest of the zone. And at the retest we look for a harmonic entry.
We have two. Gartley, and potential shark/alt bat pattern.
I'm looking for one more low to be made on the 15 minute chart with divergence between the two lows.
If I get an entry at the teal line I will be using a very tight stop loss. probably 6-10 pips.
I will look to hold for the green targets up top, because I believe the triple top traders have their stops sitting there.
Look for the entry to come during the
-Hong Kong Open.
-Midnight Eastern
-Italy/German Open
-London Open.
-Italy/German lunch (5:30am est)
-NY Open
We have a 4H trap move zone (purple) it is a trapped engulfing on the 4H.
As usual, we wait for the retest of the zone. And at the retest we look for a harmonic entry.
We have two. Gartley, and potential shark/alt bat pattern.
I'm looking for one more low to be made on the 15 minute chart with divergence between the two lows.
If I get an entry at the teal line I will be using a very tight stop loss. probably 6-10 pips.
I will look to hold for the green targets up top, because I believe the triple top traders have their stops sitting there.
Look for the entry to come during the
-Hong Kong Open.
-Midnight Eastern
-Italy/German Open
-London Open.
-Italy/German lunch (5:30am est)
-NY Open
Comment:
Dang, my broker already hit the entry, but this chart doesn't show it. Hopefully we get a retest