Shorting last Wednesday
BO above 50levels
Classic Divergence
Price in channel
going to FULL Market Cycle
Going for Full Market Cycle on H1..
breakout system
Waiting for macd confirmation waiting for BO retracement to OB+38.2
--pullback at support then rally up ---structure on histo ---willy fired up ---obv healthy
--first stop on a weekly chart --histogram looks exhausted on a bearish form
Price on a RLZ waiting for market structure and willy about to fire up OBV is healthy Waiting for histo and price divergence
On weekly TF is on a RLZ Made the first stop and a possible to move to fib extention Histo possible divergence
price will have a short pullback and eventually grab some money from sellers and eventually market shows the true intent through market structure. price is on the RLZ area.
possible set up...patiently waiting.
Need volume to wake up the bear
Possible short?
Gold at the moment
From last month to now my view is on downtrend as BMS not yet broken