Price has created a divergence at a key area. It's also come back to the 61.8 on the fibs. This could be the turn around for another push or at least back up to the neckline of the consolidation that's been created. About a hundred pip range to the upside.
Looks like price could be creating an inverted H&S pattern and moving upward from here. It's not confirmed. This is an early entry off a fakeout and long wicked rejection candle on the 15m.
Dude, these are simple non complicated setups. Let me save you like 2 years, tons of money, and a boat load of time. Direction. Key area. Validation.
The fake out has occurred now comes the push up. It's not rocket science it just takes a shit ton of patience.
Entering with a stop order and riding it up to the next level
Executed on the 1m tf - riding the B&R Looking to capitalize on a piece of the market
Booooom. Upward momentum saves the day with confluence
Price is currently pushing up to enter into a range that could lead to a huge follow through move to recent 4h highs. Waiting for a close within the range. Be safe boys and girls.
1 Minute price action is turning to the upside and price is heading back up towards a range and potentially for the next 4h push.
Hopping on a break and retest to ride the continuation.
Fakeout to the downside and momentum pumping to the upside. Time to rev that engine daddio.
It broke to the upside on Friday and full-filled the next leg of it's upside move. If it breaks below this key area then it's entering back into a range before the next push. If that plays out then I'll look for shorting opportunities. Once it finds it's grounding then I'll look for longs.
It looks like it's primed for a breakout to either the upside or the downside. A momentum entry involves a stop order to get in with the momentum.
If it closes below the S/R level then it could lead to a filling of the range. Waiting for a close.
I'll be looking to enter short on a break or long on the 5m with validation in the form of a divergence or nice candle stick pattern.
Gold is going down. It's retesting a key area. It's rejecting the key area and 50ema.
Filling a range after breaking into it. Banking on a continuation after wick rejections.
Looking for a close below this level and then a short opportunity to fill the range.