This is my view on gold. Overall my bias is still short. The new monthly candle is open which price will take liquidity from the top side as an overall movement for the price is down. IF I m wrong then price will make a UTAD and looking for a sell on the retest.
Price will reject from 1740 as it is a break of structure as could be a second test and there is...
This is potential trade on gold I would look for break fo structure (BOS) all the lightblue box then look for short entry. Remember there are big area of imbalance on the downside. I see some upwards move after those are filled. Good luck
My View On CJ on where the market will move in the future.
So Its a short term buy But I will be looking for sells when the price comes to the green zone.
There is a market gap at the bottom so I expect price to come and fill it at some point.
I have been working on other stuff but I will try to focusing more time on trading
- Long Term I see GBPUSD to the downside.
- I m waiting for the 5th wave to complete.
- If price break wave 4 then it must definitely going up
Use good risk management. This is a long term trade. Goodluck
Hello People, Looking at the 4hour chart and Price is at the midway of wave 3
- Looking for entry at wave 4 and 5
- Entry at the fib level
- Price broke the mini up trend and its likely to fall to the fib level
- Risking 1 percent per trade
Hello Guys on the 4 hour time frame. Wave3 is undergoing
You can enter at wave 4 as it is safer to do so and then short
- Entering at wave 4 and 5
- Risking 1 Percent per trade
- Price has the broken the small uptrend so price should move down.
- Goodluck guys