gold returning into a a level where probable sell orders to get activated after taken out liquidity on form of buy stops 1840 could be a very strong level for price to reverse from if the bias of the downside is correct
monday could offer a nice buys targeting support around 1.11330then we could see revers from there again if it hold its a classic smt buy and sell so lets see what eu will offer us
gold in a down trend haha price exploded up now price is gonna burn up liquidity fuel so the engine gonna turn gear to reverse eying the low low the orange level ps only paper trades taken no knowledge what i'm doing ok !
there is not much to explain here but for me i see a bearish move coming was thinking price will push a little bit up then go down but seems we very close to the start of the drop price filled the gap of that quick move down of last 2 weeks so it's only reasonable now to continue going down it seems so easy wich make me doubt the idea and think maybe im wrong but...
As of yesterday we expected price to drop now we reverse gears price reaching to levels of buying intereste it quit the risk of a trade but the chances are there price rejected from the level it at now so a second time of buying is a logical bias for big money after retail traders well jump in on the sell bias and get trapped to provide liquidity
For some reason something telling me we must drop lower on gj i looked for other sells point on daily and 4h levels so now we anticipate price to show us the way the pink levels are 4 hours levels and blue weekly and green are daily yellow are levels of interest that we might trade to Usd news are coming soon so a volatile markets could be coming
i see a possibility to visit the high and take the double high of yesterday it's pretty risky bias cs gold made an aggressive drop but think that's perfect to trap in sellers
another day another possible short with gold this honey been pushing up non stop and that's not fun thinking it should make a pullback down but can't be sure with gold things get nasty and ugly if price reached our interest level 1797.10 in next hour we should see a good drop price should move fast and strong from there down possibly the london close session could...
This is second try of shorting sudusd to that daily level price surprised me whit that up move but think we good now for shorts as long as you get good risk management it well be all good
audusd is on a trend with good bear pressure im eying this setup expecting a continuation down to a daily level the white level should be respected on the m5 any close over invalidate the setup
eying a short on gold due to price action i see some structure changing so a pullback down is possible with some levels should be respected yellow one shouldn't see any 5 min close above it or the setup get invalid price pushed higher enough to start taking off profit from that 3 low that been made on daily so now we make or bet and wait
after the usd news that wasn't in consideration i see price is setting up for a sell and that well be nice its highly risky tho the daily level is still respected and we touched the 4 h of the last bull candle before the drop so a zone is there
yesterday's short have offered some nice profit but came back up now we eye another opportunity price reached a new high so a possibility of new low is there and we should consider it so whit we hope the short is gonna give us some nice profit and it will be good to secure early things could get very volatile
sadly the sell setup yesterday was wrong today we eye another one london session created a new high the 15 min made a nice reversal pattern so we short now whit a small stop loss yet again to reduce risk exposure and grow big on profit side NOTE only paper trades taken Gold highly risky this days to trade best luck
gold look like going for some play this is just an idea i believe we might go down from here a bit can't guarantee we will reach the tp level it take out the high that it created after that massive drop at 1752.7 whit that if any buy stops are up there they got observed by the market so now we gotta time when it could be unleashed again best scenario to be in...
as of yesterday setup didn't seem that promising we closed over the entry we still have the same bias but its risky for some reason the markets are drifting in a slow way that a sign of possible parabolic move it well be very wise to use smallest risk possible price taken out yesterday low that a good thing cs it mean good opportunity of price going up but whit...
eur usd been bearish for sometime now so a pullback is possible price taken all lows it recently made so we could be in a good position to start attacking those buy stops we left up there as long price will push between 30-50 up from here to tomorrow london session the buys could be good for the rest of week tell friday late asian session
what a damn drop on gold that was a blowing accounts drop sheeesh gold is risky asf always risk manage ur position well there might be a pull back from here price shouldn't go under red level but who know