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KosirFX
Feb 15, 2021 3:26 PM

GOLD watch for short term buy Long

GoldOANDA

Description

Hi traders, as you see price is forming bullish flag on 30min time frame. This price action looks like its finnished so we can expect price to push higher soon. Im hoping so see price tap 0.786 which is around 1815, where I will be looking to open buy. My target will be around 1835-1836 at trendline where we also have -0.27. Anyway i will be looking what price will do around that trendline, it may also push higher to form bigger correction on higher timeframe. Stay patient and good luck!

Comment

Hi, just a quick update. As you see price didnt went to 0.786, we barely miss that entry for 10 pips. But as you see price breakout of that price action and later pullback to retest it, i took buy there at 1820. I expect price to push in london session. Hopely we will see break above that upper trenline and retest of it for possible new entry. Stay patient

Order cancelled

Looks like price decide to drop, it took me out on breakeven.
Comments
abel11
Wonderful analysis! I like this setup.
KosirFX
@abel11, thank you! Im glad you like it!
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