Await retracement and then draw fibs and go long on the bounce
Price is in a 5 wave uptrend. Wave 4 typically has an abcde correction which we are seeing now. Will look for buys at 1680 region
Multiple confluences for this trade: 1. Trendline 2. 618 3. Zone 4. 4hr SMMA 5. Corrective pattern for a move to the downside Watch price action at the top and see if it rejects. Sell on breakdown or wait for 15min correction and sell.
Price made an impulse wave. Currently in an ABCDE correction. Currently in Wave D which looks to be an ab=cd correction. Awaiting SHORTS at completion of wave D. And then LONGS at completion of wave E.
Price has reversed and is now in an uptrend. Currently in an abcde correction and waiting for the next impulse leg. In the meantime, will be looking to take a short for the e wave.
Price approaching the retest area and fib. See chart for info.
Setting up for a high probability short with loads of confluences. See chart for info
Last time there was a MACD Divergence, we saw a 650 pip rally. Similar thing is happening now. Price currently making an ending diagonal
See chart for info. Will await retest of levels before entering
Watch price to restest any of those 2 areas correctively and then enter the trade. GOLD will follow closely
2 scenarios. Awaiting retest before taking any trades
Here's another view for a short
Watch for break of ascending correction, ideally around 618 level and then short.