Good place to add short at 50% and 61.8% retracement. Short term: Its currently in bull flag correction upwards. buy the breakout (15min chart)
Potential lower high being printed. I think it's a good time to short. check 15 min chart if there is really some resistances then short.
Since it is flat now, i think this will go towards 100 MA. I will add some short positions there. It's also a nice confluence area of 61.8%
We are entering shorting zone. wait for H4 to make at least one lower low. Enter at the peak of a possible lower high.
LOOK FOR BEARISH PA IN ORANGE BOX. SL ABOVE 1.14. TP1 1.084 TP2 AROUND 1.052 Strategy: Weekly/Daily range trading. Channel downside breakout.
This monthly candle is important for this trade. It's a retest of previously broken downtrend. Long from here to target higher high. SL below this monthly wick
Short from red box. Long from green. Can trade breakout also targeting 100% of range size. Today's monthly close will be interesting.
Pretty clear. targeting 618. from there look for daily PA
Monthly candle broke trend line. Long from here to target the retest. Look for daily PA in green box for shorting.
Targetting 618. Can long as long as higher lows and higher highs are getting formed in 15 30 min.
Downtrend in daily will be confirmed if we have daily close below green box (making lower low). For short term, can short within the red box. Easy!
Weekly are making higher lows. A clear break and close above green box would provide long opportunity. Enter at the pullback at the green box again. Entry area are marked.
Pretty clear. Now 30 minutes are making lower low. Can short when it pullbacks to make a lower high. Highlighted zones are for TP and limit orders. Breakouts can also be traded
For long: Look for PA in yellow box. I favor long position at 1.29 area. It's also possible to see bounce at 61.8% 1.285. For short: Breach of 1.285 will trigger my sell targeting 1.268
I don't short gold. Only considering a buying area if they are well defended. Look for bullish rejection on both boxes to enter long.
For short: I think it's a good idea to short from 50% level to target the bottom at 72.5. For long: it's wise to long from purple area. The first entry would be if there is a retest of the lower purple box. Second entry would be after the weekly downtrend has been broken, then a retest of the trend line around the second purple box.
For long: Looking for breakout candles in blue box and then retest. Then long for mega upside move. For short: Looking for bearish rejection in blue box. Targeting yellow box
For long: I am waiting for at least two weekly candle to show bullish rejection candles in blue box. Will take profits in yellow box and set another trade at break-even for long term TP. For short: I am waiting to sell at a retest and rejection of yellow box area.