Very decent setup happing on gold. There are loads of confluences on the higher time frames which indicate that there is a good long setup for GOLD.
It is very important to do your own analysis and follow your plan to see positive results in your trading. do Loads of backtesting and forward testing in order to improve your overall trading strategy.
Comment down...
Summary:
Fed officials are succeeding in calming the situation
The pair broke below important support
Swiss franc hits 3M highs
Recommendation:
Trade: Short USDCHF behind the market
Take profit 1: 0.8908
Take profit 2: 0.8777
Stop loss: 0.9107
Justification:
USDCHF fell below the 0.90 level, where it has not been since the end of February. It...
AFTER IDENTIFYING PHASES OF WYCKOFF THROUGH ACCUMULATION EVENTS PAITENCE WILL BE TAKEN INTO ACCOUNT FOR UNDERSTANDING PRICE ACTIONS DFESIRES, LIKELY ANTICIPATION SOF A SOW IN PHASE B OPENS UP OUR EYES TOWARDS BUYING OPPORTUNITES ON AN UPTHRUST AND CREATING NEW LOWER HIGHS WITHIN INSTITUTIONAL CANDLE RANGE
WELL DONE TO ANYONE THAT DIDN'T PANIC SELL DURING THE SEC FUD, PERSONALLY I THINK THEIR CASE IS MERITLESS BUT WE MAY NOT HAVE SEEN THE BOTTOM DUE TO THE BALL-LESS ( lol )
BREAK OF THE HODL SELL REGION CONFIRMS A POTENTIAL MOVE PAST A DOLLAR.
I WILL PERSONALLY BE SELLING A SMALL PORTION AT 0.56 IN HOPES OF BUYING AT 0.07 IF WE DO SEE XRP GET THAT LOW. YOU'L SAY...
Currently, I'm trying to be neutral and wait for more information, but I would like to lean slightly bearish.
Yes the S&p500 is at all time highs, but I believe there's some tension building behind the scenes. It wont be completely obvious until March 2020.
In the event of a breakdown the .618 fibonacci will play a critical role like it did in 2002-2003 , and...
