looks like a head and shoulders quick post so you guys can look and decide
im still waiting for a clear retest to take gold up to 1900's i did enter at 1822 and ive already put stops to BE we have some high impact news tomorrow and well if you've ever traded gold you know it'll more than likely shoot one way then continue the opposite direction so i'd personally wait until then for an entry or 2-4am uk time if you go back and look...
as mentioned yesterday big rejection off the corrective phase i said either enter than or wait for a pullback and we got just that today i was out but i still managed to catch it 🔥 i also posted eurnzd buy which is nicely in profit now mentioned on that same post id sold nzdjpy which also in good profit another killer week 🔥
last idea of the week i may post a gold day trade if its clear enough another rejection off the bottom on the correction pattern eur index looking bullish as said earlier gbp index looks like its about to crumble this should be a nice swing trade either enter now or wait for a pull back i was busy this afternoon and missed it but ill keep an eye out for a entry
im looking at going long on this pair very soon if bullish momentum was to continue it'd be from this are in my opinion i've gone over the indexs nzd index currently looks like its doing a head and shoulders 8 hour time frame while also have a large breaak down last week i see more nzd weakness coming eur index to me currently looks like its about to break up...
we broke up out of the range ive just been watching the last couple of days see how it plays out 1815-1812 if we get that i may consider going long if we get some kind of rejection or lower time structure indicating reversal if im online when this happens ill send an update i am now full bull back to 1910 area
im going to be taking shorts on this pair in the highlighted area clear break down and retest of the trend line look for reversal patterns on lower time frames before entering sl for me .90 fib
what an entry that was at 1804🔥🔥 we now have entry's at 1812 and 1804 beautiful stuff with 0 risk stops to entry 1792 first tp
minor trend broke chf index bearish jpy index bullish i said last one on usdchf but chf pairs look like there setting up
not the clearest sell position but ive sold again from 1804
last one of the day we had a huge impulse and have been correcting ever since ive gone down to the 15 min and looks like were re testing a minor trend line sl just under 15 min structure as we could see lower support
what i think will happen but until its clear im not entering still short from 1812 so lets not force trades
got a few trades this week involving cad weakness majority are set up something like this audcad-currently in this from last week SL at BE cadchf-inverted eurcad nzdcad the Cad index has just dropped but i still see it going higher before im going to be looking to enter dont try and take all these trades i'd say gbpcad+eurcad be the strongest trades going...
ive taken a majority of profits off the shorts this morning at 1800 and the rest are at BE (trade idea attached) ive highlighted a couple of areas im looking at today still early in the day to be sure remember gold likes to fake out a lot i will update later in the day with a trade ill be taking so make sure you follow
been at this strong support for a while now ive gone long on the thoughts of it holding again 10 pip sl for myself would already need to be double that .853 ive got some good set ups this week just got to wait ⏳
if you follow me your know i had sell limits friday 1808-1812 , we saw 1813 then shot down to 1808 im still in this sell if price action plays out we could break back bellow 1800 test 1750 maybe even go bellow ive had a bias that it'll go bellow 1750 since we saw that price a couple of weeks back give me a follow for gold day trading ideas check out last weeks...
my sell limits have been activated bit later in the day than i thought safe entry after that trend break hopefully were push back bellow 1800 from here ill be looking to get out of this trade today
im going to be looking to short around 1809-1812 daytrade