Koryphaeen

Koryphaeen

I think it is time to buy GOLD, actually I am long already on it after I made a nice profit on my short term sell setup from 1285 to 1245. Another impulse is immediately to be awaited for.

Koryphaeen

I will be looking to sell GOLD on short term, until it resumes it's daily uptrend by finishing the shown corrective structure to the downside, near the shown trend line.

Koryphaeen Updated 

As you can see, we are in a corrective structure now and price action will likely hit the 157 level. If it does, then we have a nice buy setup, regardless if you are Elliott waver or advanced pattern trader. All info is on the chart. Remember, entry rules should be according YOUR trading strategy. Good luck!

Koryphaeen Updated 

There is a nice setup which is worth taking, There was an obvious break of the up trend line and price action is now retesting that broken line with clear bearish signs. For the advanced pattern traders, there was a bearish Gartley pattern that was filled at that point. Entry info on the chart. Good luck!

Koryphaeen Updated 

This is a trade for those who like tremendous R/R ratios.

Koryphaeen

In my opinion, price action will bounce from the daily trendline, around 2.0000, a really strong support level. We could experience a very steep rally which will break the corrective structure as well. I will be long at around 2.0000 with SL at 1.98 but not before the bounce happens and there is bullish sign in price action.

Koryphaeen

I took this trade now, based on the making of a potential Gartley pattern, but also due to the fact that what is now setting up is a ZigZag corrective structure after an impulsive move from before. It's a highly speculative trade, so be careful, you must have a well tested strategy to take this one, especially regarding trade management and money management!

Koryphaeen

I think everybody who has a little bit of knowledge can understand the idea behind my post. So have a good trading!

Koryphaeen

It's a perfect Three drives pattern that is now complete. In addition, PA hit a major structure level at round level of 35. The R/R ratio is exceptionally good. ROE on the chart.

Koryphaeen

A nice Bat pattern was filled right now, I'm already short on this one. ROE on the chart.

Koryphaeen

I think we have finished the wave A correction and this pair is ready for the wave B. It comes at a minor structure level which resisted in the near past quite good. ROE on the chart.

Koryphaeen

A nice perfect Gartley pattern has formed, ROE on chart.

Koryphaeen

Short based on potential H&S pattern + RSI divergence + Volume confirmation. Aggressive entry at right shoulder level, how I like it, not for everyone... ;)

Koryphaeen

A major resistance level was broken and is now retested as support. It is now time to go long. ROE on chart.

Koryphaeen

Cypher pattern setup. ROE on chart.

Koryphaeen

Perfect Gartley pattern setup. ROE on chart.

Koryphaeen

Nice potential perfect Cypher pattern is forming. I will update this post when near to filling.

Koryphaeen Updated 

A nice ending diagonal is finishing. It is time to go short now to catch the A wave of the corrective move. Trade with care according to your trade plan.