It is a long wait i believe we can see the price is falling in a descending channel after a high rise on it bullish ATH now it is the time to retrace and soon we will face an accumulation start to form i have specified all the levels with Fib and past supply and demand zones
this is mostly for internal use please comment your idea if any
One more tip to support your idea..
If you like gems, you'll surely appreciate a diamond top here projecting TG straight to your 1680s.
Have a great weekend Mate.
BitonGroup
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@AlpaChino1, ooo woooww i am happy that we are getting more confluences at this level to capitalize, i believe we should wait and as price touched the 1700 long it with my SL level.
what do you think about the SL price?
AlpaChino1
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@Vicious_1m, RR ratio adequate to trade idea. Strongly advice to keep an eye on DXY once i'll touch 91.2X area. Signs of reversal there will be our sign to position longs (careful on fake-outs though).
BitonGroup
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@AlpaChino1, please Post your DXY analysis.
i had already analyzed it and it seem bullish to me.
but i would like to see yours
AlpaChino1
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@Vicious_1m, Unless dxy and gold will launch together because of some unusual market activity, I can't see further advance for dollar as of yet (only temporary rise).
s3.amazonaws.com/tradingview/snapshots/a/apho973o.png
If you like gems, you'll surely appreciate a diamond top here projecting TG straight to your 1680s.
Have a great weekend Mate.