Price has just broken out of several months of consolidation, it has just cleared a pivot high and peaked above 1.3500. We have had a daily close above 1.3500, i will be looking for a weekly close above this level. Then i will look for longs on a retest of 1.3500 zone or if there is no retest then a continuation pattern e.g. bullish flag
At a break of RN 2.0000 I will look for short opportunities down to the 1.0000 figure. I will take an initial half risk position at the break of 2.0 and then add multiple positions untill i have 5 positions running. moving my stop loss to entry as i open a new position.
Gold D1 Short. Price is bearish HF Triangle/Wedge pattern Supply zone was created which took out a previous demand zone looking for price to retrace back to Supply zone and continue lower till it hits or gets close to higher TF triangle bottom
MT down WK down D1 down H4 down Price heading to trendline and H4 sz, which is one of two nested inside D1 sz. Chance to go short to next dz