it will be advisable to sell gold at this point of area with the green rectangle. this areas shows where there is likely going to be reversal in the market after a good up town trend from a reversal point on the cypher below. those who got the cypher, kudos and best kudos to those who protected and trade and let it ...
this is s trade made to correct the 12pips i lost i last trade
dont enter it may be too late
but im sure of this trade atleast half of the way i projects here which i will shorten my stop loss or trail the profits for some
if you still wana enter:
but try to avoid being so late
this trade is to make up for my lost 11pips in the last trade
you could follow suit in a pull back to ride down a bit
if not please just watch dont enter to avoid being so late
bigger time frame money opportunity awaiting
long i have been here
i will be checking for a double top with a likely RSI divergence and also a likely pennant or something to give me a better clue to sell or keep strict orders set,
dial back position size being a bigger time frame.
short term is what i project here, cause of using a small time frame.
however, it is a careful analysis made on AUDJPY with a buy sentiment and a short term in the market
we have 3 patterns lining up well...2 bats and 1 butterful; all with buy sentiment
good risk to reward ratio
here is a set up for a deep cypher with a bearish sentiment
hoping the NFP will play a role in this
however, just watching with orders set and kept to enter and make profits. nevertheless it is open for change depending on what the market has to offer