Expecting price to create a head and shoulders formation over today into the start of next week where we will see a rally, then price collapse in on itself. 75% of retail traders are in Bullish positions here adding liquidity to this short entry.
Long positions into hourly FTA, took the entry on a triple bottom formation and will remove the risk on the break and re-test of short term trend
Gold shorts at break of trendline with trend continuation into daily ATR level
1-Touch level aligned with FIB and 69% of retail traders in short positions
Price was pushed into a 1-Touch level due to FED Interest rates last night, most of retail traders are Bullish this pair so this will be used as liquidity to ride price action down to the next hourly level
Gold had a fundamental push from US Interest rates last night that has sold-off sharply. Expecting price to find support at this 3-Touch SR Flip area to move to the upside in the short-term and then to be re-assesed.
Last night we saw huge volatility across all markets after the US Interest rates, today I am expecting a sell-off on USDCAD from this 1-Touch level that the fundamentals pushed into this area down to the 2-Touch level below for a possible long position.
Trade taken on AI data. Bullish outlook for the rest of this week, will hold until Friday. 81% of retail traders are short at this area
1-Touch level with a rounded re-test at the 61% Fib with risk placed below the thrust candle
Expecting a re-test of this 3-Touch level. 78% of retail traders are in short entries, providing market liquidity at this key level. intraday trade that will be closed out by end of day today.
SL: 41.11 TP: 44.30 Oil is respecting the channel well. Buying the dip of this short-term uptrend on the 2nd touch of the Ascedning-Channel.
No stopping GBP just yet I see this run continuing another leg up now price has finished creating it's continuation structure.
Price pushed up towards the 3rd touch of the 4HR ascending-channel structure during the GBP bull run we've experienced this week. The 3rd touch of the structure allows for brilliant risk/reward scenario
My broker has amazing spreads for the Bluechip cryptos so I am going to be day-trading those now I can have everything under one account plus my spreads are amazing! First crypto call, catching a 4HR wicks down to $9120. I love the volatility of this market.
What a rally on Gold we've had this month. We managed to capture 1,400 pips to the upside, although I did end up giving back 350 pips being early on the short position! Is what it is. Next week we will get a slight push up to around $1820-1825 this will create the 3rd touch of the Daily structure and the last touch of the 4HR Ascending-Channel. So we have a...
Simple 3rd touch of ascending-Channel, don't really need to go into this one to much, RSI also overbrought.