About meBased in Singapore, 10 years of Banking and Trading Expeirence. Forex and Future Mentor and Trainer, BILINGUAL both English and Chinese Teaching.
Trained more than 1000 traders in the past 5 years. Founder of Harmonicasia and Jack Trading Academy
S&P Sell pull back from 618
2932 is the 0.618 level and also the
Broken Structure from the last Crash.
Ready to find Bearish Patterns'
such as Pin bar, Inside Bar or Engulfing Candlestick
to creat your short position.
Aim 2600 AND 2300
LTC break out the Consolidation Tri-angle
Therefore it is good to buy with pull back
40-42 will be a good zone for entry
we can also look for Inside Bar (Break up)
to catch the upsdie momentum.
If you do not know what is Inside Bar
I will draw in the update area.
Gold 4h Shows Bearish Sign
Although Gold breaks new high yesterday
but failed to maintain above 1700
Now 4h chart alraedy fromed bearish
engulfing and bearish Inside Bar Break down
Therefore we can sell gold based on the Inside Bar Strategy
Entry : 1668.17
Gold Sell From the Supply Zone
Price Already rally to 1670 and we took all profit
for the previous Long Trade.
Now we can start to sell based on this supply zone and 0.886 Fib Level.
We can see 4h already have a bearish Pin bar
which gives us a good price action.
Gold Trend Continuation Trade
After FED's Rate Cut, Gold formed Bullish Candle
and now it is consolidating within this tri-angle
This could be a Trend continuation Pattern
Price may continue rally after break out
Therefore we can Long gold when breakout occurs.
Target 1650 /1670