BUY GOLD in the future (Follow the trend + Price Action)1. Price above 3 EMA Lines -> Up Trend
2. Price retest support area + Hammer Candlestick -> Buy Entry
3. Stop loss -> Bellow EMA 20
4. Take profit -> Trailing stop loss
Candelstick
Short GoldHi there,
break through the resistance, then retested as an support level.
There are formed a eveningstar (4H) and at dayli close perhaps a pin bar.
The candelstick pattern ist also formed at the new support level.
S/L: 1281,31
TP: about 1253
Bitcoin to a new era. Be realistic, in the crypto market you have to look at the bigger picture always, i highly recommend weekly and daily chart, maybe for an execution go to 4H charts, don´t try to extract every movement of the market, in the long term its going to kill you. Just see it like a good time for accumulation. Like one of my mentors said: if you buy something less than 1$ its a good deal, then if the price rise, your late.
Technical Analysis:
- WE HAVE TO BREAK THE TREND LINE, don´t forget that, to see a good bull trend we have to break the line in weekly and daily Time frame
-If we see weakness in the candles, we can see a good consolidation for this year, that doesn't mean that we are not gonna make money, Its the time when experimented traders make a lot of money as well, Very consistent an precise.
Doji , BITCOIN , candelstick Fibonacci
