I bias Long due to the bigger trend Find the reversal candle stick and there are 3 candlestick to find the potential to long. However, I hit the stop loss all. So find another reversal another. Bad luck today. T T
I have trade after It cross MA20 , but there are fast fall off, so I decide to close the trade before loss.
In my view. I think it will continue to 61/8% fibo retracement of big motive wave. Now still in correction side. no trade. Wait the signal to buy.
SELL with breakout Watch out this zone. Maybe pullback or false break.
Gold Is not clear trend much, from the High and Low point.. But in H4 it is move up to uptrend. I think it is the wave 1, and will fall back to wave 2. Anyway Buy on dip is better and will take profit around 1250.
TF : 4H, Day It can break out now. We can trade for buy only.
GBPJPY : I think it is the TP of A and now will sideway up or retrace for B PLAN: I will wait for SELL at 61.8, 78.6 of A Stop loss at High of A Please share idea if I wrong.
TF 4H, 1H, m15 I think in m15 it break the channel to go down. If it can break Low, it is go down more. Thank you.
I buy to think it is throwback to support zone First TP @ 1.146xx (half order exit) Other half run trend to think it can break high to 1.15 as I think it possible.
GOLD15 min Break terminal (wedge) TP at support zone.
Now it is break the support line, and going to lower. Sell at breakout (and/or cross MA20) ,and run trend with MA20 trailing stop.
I see in. this chart is very interesting It is the double-flag( small and big) So bet Sell first.! entry at 1H or 4H.
It is possible to break the sideway up channel. And for confirm, wait it to break to support zone Anyway, the Daily chart is still up In MA20.
I think its zone must focus, if it can break out or not. Anyway, if we zoom out, there are still in downtrend, so please aware that It can go down too.
I think it is going to the bottom of Channel bigger sideway! It has potential reversal zone around here. Wait& see . If break down more, I think it is a potential downtrend in bigger timeframe. Short only. no buy.