Currently in 4 short positions for usdjpy. Looking to ride these sell offs down to 111.700, partialling along the way, securing profit for myself since it is not guaranteed that price will reach that price before taking me out.
This week for GOLD I see another nice retracement before price pushes past 1900. However before this happens I anticipate this week opening up bullish to fake people to think price is continuing bullish, creating FOMO and collecting more money before retracing again. As you can see on my chart there is quite a bit of imbalance that I anticipate that price wants to...
For this week I see price creating a double top around the 1910.00 area, retracing a bit before forming one more bullish impulse. I anticipate price creating one more push to the upside before shooting down for two reasons; 1) to fake out retail traders that price wants to continue to push bullish & 2) to form a liquidity grab, hitting all buy/sell stops. I...
