GOLD LONG (M30 -1 Hour Time Frame)
*FOR JOURNALING PURPOSES*
Hello! Please feel to give me a follow and look at previous ideas. The reason why this may be an nice trade:
-1 Hour: Price creating support on the AC harmonic level (High Energetic Area). On MACD, we can potentially be creating a higher low. The momentum on the ADX is resetting
-M30: Airspace on MACD and there is room to move higher. We can either put in a lower high to sell off or break the previous high. ADX momentum at 57 and the blue line is moving away from the red line
Target: I will be targeting the relative equal highs on the H4. Price can potentially fill in Daily imbalance levels around 1828
Hello! Please feel to give me a follow and look at previous ideas. The reason why this may be an nice trade:
-1 Hour: Price creating support on the AC harmonic level (High Energetic Area). On MACD, we can potentially be creating a higher low. The momentum on the ADX is resetting
-M30: Airspace on MACD and there is room to move higher. We can either put in a lower high to sell off or break the previous high. ADX momentum at 57 and the blue line is moving away from the red line
Target: I will be targeting the relative equal highs on the H4. Price can potentially fill in Daily imbalance levels around 1828
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