Expecting an upside turn. Lowside isnt profitable enough to mark up.
Not entirely sure if you can consider this a head and shoudlers movement, but none the less if critical support breaks, we can wait for the classic retest entry method to a lower price point. Safe tradings.
Imagining we will have a break for the upside. Wait for the break-retest-enter for a safe profitable entry. As always use proper risk management.
Looking to exit this consolidated zone for the next big move in gold! Remember, break retest enter. Use proper risk management
Should the long scenario occur, I urge you to wait for the retest down to the zone before entering. In the case of the short scenario, trade it when trend line is broken with a reversal candle pattern. Happy hunting traders.
No Huge entries on this one, but still profit to be made, with hopes of larger movements. Keep the movement of DXY under close watch for further insight onto the potential move of this pair. As always, Break - Retest - Enter.
Profitable break on both sides of this area. May find additional patterns inside this area as time progresses. As always, break retest enter.
Alot of potential move from gold over the next 24 hours.
Wait for neckline to break, retest then enter. If this level breaks its very possible that it triggers capitulation among the bulls and Bitcoin comes to 6k.
Expecting something more to the downside, but I drew up entry for both scenarios. As always, break -> retest -> enter.
Due to the bullish potential, we will likely see this fall towards the upside. Entries for both possibilities are listed. Break->retest->enter
Had this marked up earlier here: Forgot to publish.
Feel free to base your technical analysis off this chart.
Most likely we will see a break to the upper side, if so this will be the entry scenario.
Wait for price to break and retest market structure before taking your position.
Three targets are set for whatever side it breaks from this consolidation.