GoldCartel

Apr 21, 2020 8:37 PM

Strong rejection on the daily candle? Long

GOLD / U.S. DOLLARICE

Description

⋅ Apr 21, 2020 8:37 PM

If today's daily candle closes above 1675 zones, it has the potential to go back up to 1700, 1710 even to 1740 zones, Time will tell.

Catalyst: Price action, US PMI, Jobless claims and Durable goods data

PS: This trade fails if it breakout and close below the support zones

Trade active

⋅ Apr 21, 2020 8:50 PM

Daily candle has the potential to reject the strong support

Trade active

⋅ Apr 22, 2020 11:24 PM

Still holding the long trade, but enter a short position scalping down to 1695, 1700, 1705 zones

Trade active

⋅ Apr 23, 2020 7:48 AM

It has reached the scalping target. Market waiting for the US data as a catalyst

Trade active

⋅ Apr 23, 2020 1:43 PM

US Jobless claims 4427K

Trade closed: target reached

⋅ Apr 24, 2020 2:11 AM

We will wait until the market shows a better sign of reversal or bullish continuation. But currently, we're scalping short selling

Comment

⋅ Apr 24, 2020 7:39 PM

Here's our last trade of this week

Comments

LouisTradesFX

⋅ Apr 24, 2020 12:15 PM

It's tough, I see the following:

For the BEARS: Triple top 4H (?), sitting just below resistance / trendline

For the BULLS: Potential Bullish Flag fail(?) on 4H, Double bottom completed and bounced back up from the neckline at 0.63400 on 4H, Double Bottom on 1D

What do you see now?

Risky... Better to wait it out!

GoldCartel

⋅ Apr 24, 2020 12:17 PM

@add2e468f326483aab11351287d01c, XAUUSD, or AUDUSD ?

LouisTradesFX

⋅ Apr 24, 2020 12:20 PM

@GoldCartel, Uff sorry, I meant AUDUSD, but they are forming similar patterns now

GoldCartel

⋅ Apr 24, 2020 12:23 PM

@add2e468f326483aab11351287d01c, Here's the update

SAMMIETRADING

⋅ Apr 23, 2020 7:07 PM

This is good hope we join forces on this. Am trying to figure the top.

GoldCartel

⋅ Apr 24, 2020 2:10 AM

@Kisauni, let's wait until the market shows us where's the top, but currently, I'm seeing a triple top on H4 TF

GoldCartel

⋅ Apr 24, 2020 7:08 PM

@GoldCartel, here's our last trade. I shared this signal to my clients

LouisTradesFX

⋅ Apr 23, 2020 6:07 PM

Potential double top on daily after / if rejection?

GoldCartel

⋅ Apr 24, 2020 2:12 AM

@add2e468f326483aab11351287d01c, triple top on H4 bro

GoldCartel

⋅ Apr 24, 2020 2:12 AM

@add2e468f326483aab11351287d01c, Thank you for the comment, let's make more profit