as I predict on high, gold go down to Fino 61%(gold love it)
pick buy if red trend line break or pinbar comes on 1h,4h,daily chart comes , ok? like always sl= last low (4hour chart)
if you have old sells,you must hedge them now , gold main daily) trend is up can go to 2300
secret = when gold start go up , never never (now and always) don't pick reverse sell...
70% breaking yesterday high is buy signal , all pro trader looking for fibo 61% = 1900 area
AC indicator on daily chart is green mean =up trend will start soon (if low not break,break low will switch signal)
30% bad scenario= need bad news= if low break gold can go to fibo 615 daily near 1750 (i will buy there after buy pinbar come for hold 30-40 day to next...
on gold 1hour we have 3angel pattern now
AC indicator daily is red (on AC if price break high , sell will switch to buy)
if gold break high , will see fibo 61% even above it
if gold break red trendline + low it is a ALERT for new down trend ( in index like Dax , dow they are ready to go up , so can push gold to 1700 even 1600
i have sellstop in low from...
i pick buy in gray arrow after pinbar comes in 4hour chart , but crash on dowjones in evening push gold down (AC daily is red, for buy we must wait)
now pinbar break , this mean down trend can start , we can put very very low size sellstop in low with sl on today high
if you have open buy , 100% put SL under today low , break low can start down trend
if you have...
gold is very very trendy maner
when price is below sma200 daily ,only looking for sell (never reverse on gold,oil and trendy markets=margincall)
see green line , in 15min chart put sellstop under last clear low(5 pip below low) ,put SL on last high tp =3*sl or fibo 161%
NOTE= DONT JUDGE SOON LIKE STUPIDS,TRY IT 3 MONTH, THIS STRATGY NEED 3 MONTH PRACTICE TO...
