Expectations are a decline.
Instructions - if trade flat or has not moved in the next 24 hours, take small loss or small profit.
Trade with caution, this is not financial advice.
We love it when a plan comes together! Looking at gold we can see the pennant broke to the upside and now we've come back down for the retest. Please have a look at our KOG report from Sunday where we identified this target.
We know with a lot of triangle patterns they have the tendency to give false signals, while many traders were saying sell we were saying...
Head and Shoulders reversal pattern could be the support gold will fly from! Entry should only be triggerd after break of neckline.
Please consider your conditions and risk management properly before making an entry decision...
Happy Trading All...
Hello day traders! Long opportunity- check this pattern formed on 1D interval- we can see this bullish pattern which is often an indication of continuation of trend. The t/p as indicated, s/l would be advised below the previous LL, this is not an investment advise, it's just an idea :)
In the vid, I overview interesting moves in the DJI. Tensions are rising.
The latest market burn down doesn't look great for the FED. But.. but.. when you have access to literally and endless supply of money, you can do whatever you like (almost).
The FED has been throwing money into the so-called economy in the hundreds of Billions per week. I'm using economy...
Gold has been very unstable this week while consolidating in a tight range. We've sat back for most of Monday waiting for a good entry. This chart was shared in our members area where we identified the 1775 area for a short and also the same area for a potential long trade.
We've taken 70% of that long entry now at the pennant bottom. What we want to see is if...
Last wednesday when the fed got out of the 2 day meeting, they introduced their new approach on the dollar. The whole week bloomberg has been talking about how the fed is becoming hawkish. So today at Uk time 6pm, the head of the Fed, Powell (i think thats his surname) He will be speaking and normally when he speaks the market drops. So lets see how it goes.
Hello traders, Gold formed a zigzag correction in 1 hour, and now, according to previous analyzes, there are two possibilities, blue and orange for gold .
Blue Probability says the trend should move straight up from here to the targets.
But Orange probably says no, it still has another 5 waves and the price should go down at least to the previous floor and then go...
Hello traders, Following the analysis before Elliott's point of view, we are in wave 4 correction and wave 1 is complete and is now forming a flat pattern in wave 2.
Friends, if you are interested in putting a signal at the bottom of each analysis, write in the comments✍🏻
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