As we can see currently the market(1H) on ranged / side walk. It means "less momentum" for me. Might changes the melody
So that we can try buy it later on. But keep in mind for 1 thing.
Change melody doesn't mean change of Trend.
Good Luck Guys !
Basically we can see in 1H chart. The Gold keep dropping in to dip. But you can wait price go in to "Balance Zone". What I mean is don't chase sell or buy the dip.
You could fall into a dead circle. Just wait for my next opportunity opinion, since the sell chance looks like going to end right now.
Currently NZDCAD into a Demand Zone(Support Line)
We could do it for a long buy.
Risk & Reward = 1:8
Please take serious on your "Risk Management"
Thanks
Gold just cross the Demand Zone , and now coming back this area,,
I will estimate this from De [mand zone changed to supply zone (Resistant Line).
The Risk & Reward is ok for me. I will enter for this trade.
If gold can't go up more than 1770, I will look it as a short position.
Thanks
For those who got follow my lastest analysis..should profit as leat 400pip which SELL from 1870 untill now.
Guess what pattern gonna come out?
Keep holding for profit running. Next wave gonna coming.
Good Luck to you all !
Trade is about 30% of skill, 70% of patient.
BTCUSD toward 17000 with 2018 highest resistant price.
In this few week, might moving between 19500 - 17000,
I call it NTZ, can trade with small target strategy.
Hit and Run.
Good Luck to you all!
As you can see at price 1860. There is a Day support line on there. Can do a short sell around 1860-1840.
TP can put around 1790. But better put 1800 for safety take profit.
Stop Loss can put around 1870.
