ENTER AT OWN RISK
Following the 4H trend line GBP/CAD is prepping for a nice climb
Entry: 71200
Sl: 70140
tp1:71700
tp2:7200
tp3:7300
Enter at own risk, I am not always right
ENTER TRADE AT OWN RISK
Seems market is about to bounce off the 4h trend line
Going for long position with safe TP
if you wish to hold longer, go for it
ENTER TRADE AT OWN RISK
RSI is high on 4H, D charts, possible reset down to 2021
Posting this trade idea for sells on Gold, hold at own risk and enter at own risk.
THIS IS MY IDEA ENTER AT OWN RISK
Looking at the weekly chart, gold has just entered its sell zone on the weekly chart
TIGHT SL OF 1936
TP DOWN TO 1896
Gold wanting to make a new low on the weekly chart
REASONS i BELIEVE ITS FURTHER SELLS:
1) GOLD IS STILL A DOWN TREND ON 4H, D, W
2)GOLD HAS RESET 4H RSI FROM 32% TO 64% GIVING IT MUCH MORE PUSHING POWER...
PLEASE NOTE THIS IS MY IDEA, ENTER AT OWN RISK
Gold likely to head towards 1938 for re-entry of a long hold sell down to 1888
Feel free to catch this ride up, tight sl at 1922
From my readings of the chart this morning.
Gold on the 4h, Day and week charts has a downward trend.
Gold is currently in a position to aim for a lower low on the week chart.
Smaller time frames ( 15min, 30min, hour) are needing some retracement for further pushing power. So I am waiting for some pullback to enter a long hold sell to a new low on the week
