i aspect GOLD to respect my berish FVG when news come in i aspect a 50% retrecement followed by a continuation to the downside in order to hit my TP
i aspect GOLD to respect my berish FVG when news come in i aspect a 50% retrecement followed by a continuation to the downside
i m loking for gold to retest my bulish flag and creating a HL on a down trend that we are on so is a short BUy trend very careful at the blue zone how the price is gonna react of off it is very important i ll be confident on this trade if i see a very nice bulish breakout off the blue zone
Gold had a breakout and a retest of my trend line i would to see aa good bulish reaction after 2336.139 around nys open in order to scale in on the trade THE ZONE MARK ON THE CHART ( are eraly exit confirmation i ll be careful how the price react of off them )
that s my set up for gbp/jpy i wait for that entry confirmation up to you guys whitch one you pick G/j is in a down trend and i aspect a continuation let s see how it gonna play out
just a ideea let se how it plaing out i ll wait till the trend line is break and the berish fvg is respected
GOLD is in a bulish fvg if a 1to3 candlestick confirmation will be formin on 5 or 15 min TF i ll entry i just see if is gonna respect it or not
i would see by fibonaci and a retest of my patter e/u to go till my 0.27 fib zone if is gonna respect my fib 50% fib zone like i drawn
by fib is retesting the fvg before the retrecemenet to be done i ll see how gold is gonna react there i usually entry by a candlestick confirmation like a 1to3 on my box drawn if is not gonna happen i m not gonna entry the time frame that i usually look is 5 min bdw
i aspec j/j to breakout my trend line and continuing to the up side
i aspect nass to continue the up trend that we been on making a new HH
i aspect a berish continuation on GOLD let s see how it gonna play out
i aspect a berish continuation on GOLD let s see how it gonna play out
i can see my pattern form on the 5 min is confirm by a fvg i can see g/j is strugleing breaking that HH so i m goona aspect a bersih impact because of that
sell e/u breakout of a berish triangle is a box down there a 4h fvg it may will hit till down there
e/u berish fvg on a 15m TF i aspect e/u to have a short time sell before continuing the up trend making 1 more swing to my flag
e/u is gonna continuing the up trend after that retrecement that i waiting for
GOLD is gonna touch the 618 fib zone and is gonna go til 0.217