I think this week could be big for gold and silver. Picking gold for the better trade though.
I've marked out a level to take partials.
Market opening soon. Will be entering half my position at market open if it hasn't gapped significantly higher.
Harmony ONE token trade.
Need to act fast.
What I see:
Bullish divergence, low volume at demand area, strong uptrend, nice impulse to create higher high on 15min, break of structure on 5min/1min chart, bullish divergence.
Take partials at 1:1 RR, next TP at target shown and leave a third position as a runner.
Looking for double bottom.
Need the following confirmations.
1. Market to slow down on lower time frame and form a structure just before entry e.g. on 5min time frame.
2. Price to cleanly break structure after hitting entry with a small initial rejection of structure.
3. Then take an entry at the 78.6% fib retracement from low to recent high in 5min timeframe.