The risk reward is amazing
1. Lots of deep corrections in this range. Gonna have to break to the up/down side to confirm the next trend. 2. Uncertainty reflected in the price
1. Low volume 2. HS 3. Top of a trend + structure resistance
1. So many has forgotten about the Daily IHS. 2. Structure resistance and support + FB, probable waves.
The big players are dumping gold after the election. Soon to form a death cross. When will they stop?
A big big HS pattern.... Time will show
RSI bullish divergence - Are the retailers maintaining the bullish momentum at the same time as the big players are dumping oil? The weak retracement in the big picture reveals the underlying selling and the small investors are trying to catch the low.
After the relief rally, market lost the hype momentum and seek comfort zone
1. Price Action. Seems strong at this level + bullish reaction after election. 2. Strong support 3. Bullish Uptrend, break of structure high = buy signal
Price action bullish Broke 50% resistance fractacl curve bottom