Yesterday we broke 4H down trendline, and on daily basis price closed above the spot we wanted, Now price is moving in a BULL FLAG pattern, and just ranging for corrections, We can enter on the lower line of FLAG OR we can wait for the breakout to upper line of FLAG. Just sharing ideas, it's not an investment plan, Trade safe do your analysis as well Good...
Yesterday we broke daily trendline in a good way, Price action is giving LONG signals, Previous days UPTREND LINE holding nicely, PRICE is above all the SMA's, If we see a nice BULLISH Pattern we can enter a LONG trade, We can ride this uptrend for long time, It's not a investment idea, Proper risk management needed, Just for assisting the trading ideas, TRADE...
Price is moving in beautiful uptrend channels, and it's near to brake the daily downtrend RESISTENCE line, If the price break through the Daily downtrend's RESISTANCE line, We can have a nice opportunity to go LONG on GOLD. TRADE SAFE STAY IN MONEY MANAGEMENT RULES Have a wonderful day of trading.
After the HEAD and SHOULDERS Pattern. We can see price broke below the neckline, and it's back at the retest level. If we see a BEARISH signal there, we can enter a short trade, Price action will be important in the next few hours. If someone wants to share analysis or wanna discuss the trading stuff, you can message me. Have safe trading day.
So here we are with a simple and clean trade, And it's running in good blue numbers
Price Action Bullish, both SMA's below price. If the price breaks the Pennant in our direction we can go for a LONG position with a good number of pips.
I went in earlier, just sharing now, if you guys are in this trade as well
If the current candle closes above 1.31 we can see bullish movement, 1 : 3 RR
If the present candle closes above 1.31000, We can see a bullish move.