RidingTheWaves

RidingTheWaves

Consolidation phase Buy to highest high

RidingTheWaves

I don’t trade BTC but it looks like a breakout situation upwards to me

RidingTheWaves

We are currently up-trending, 2 day is a double reversal day to me which means... we had the big move down in the early hours followed by the reversal upwards trend which we are in now, because it’s gone up so high and so early in the day I’m expecting this upwards trend to break near the US opening, just like yesterday. This would be reversal number 2 which...

RidingTheWaves

We are currently following a downwards trend until top line is broken, then we change to an upwards trend channel. We have already had the main drop for this channel and resistance is 1585

RidingTheWaves

Ok Iv relooked at things, today is a very weird day gold. We are currently in the downwards trend and I’m expecting to break upwards to for a W on the 15 mins chart. If we do break upwards then we are likely to go to 1620. If not we stay downwards following the white lines

RidingTheWaves

Ok Iv relooked at things, today is a very weird day gold. We are currently in the downwards trend and I’m expecting to break upwards to for a W on the 15 mins chart. If we do break upwards then we are likely to go to 1620. If not we stay downwards following the white lines

RidingTheWaves

If gold opens with a gap upwards and then breaks upwards out of the downwards trend then i will be placing long positions and taking profit at the first resistance which is 1615 area.

RidingTheWaves

As you saw on Friday we had a massive drop and this was all predicted within the daily downwards trend that way in place. Follow for more of my daily analysis on gold