LONG TERM BULLISH CHANNEL
This will make higher lows so a retest of $1235 is possible. it will take a week to get to $1280-1285. so u will get opportunities to long.
Gold is moving in line with this channel!
next top is $1280-1285 (End of next week)
and then $1300-1305 (Early May)
This will make higher lows so a retest of $1235 is possible. it will take a week to get to $1280-1285. so u will get opportunities to long.
Gold is moving in line with this channel!
next top is $1280-1285 (End of next week)
and then $1300-1305 (Early May)
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Each bar is 4hrs
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Time to go to 1280 will definitely be quicker than 41 bars becos more traders now notice the new trend channel so im expecting it can be as soon as a few days. but next wedn-thurs seems likely. this is only a forcast.
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bought at $1230. my SL is $1226.90 if anyone wanna take it lol
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TP is $1275-1285, or whenever i see a bearish divergence
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i will re enter when we find support
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channel this valid as long as this candle closes within the channel
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long at 1227.
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my new SL is around 1222
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tpis $1238. becos i expect a higher low after 1238,
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Changed TP to 1235
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I decided to hold my long, only 0.5 lot. dxy 4h rsi is back down under 70 at the time of writing
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TP1 1243
TP2 1270-1280
TP2 1270-1280
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I have 1.0 lot long, i might hold until at least 1270, then i will look for a bearish divergence and take profit. i might add 1 lot more at a higher low. looking for a inverse H&S
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holding 3 lots long until 1270+
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ii tp 50% at $1270 and the rest got trailing sl tp hit at 1265 :)
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got the right wave count but wrong tops, i adjusted my tops ;) triple bullish zig zag