SimpleTechWizard

SimpleTechWizard

1 Minute price action is turning to the upside and price is heading back up towards a range and potentially for the next 4h push.

SimpleTechWizard

Hopping on a break and retest to ride the continuation.

SimpleTechWizard

Fakeout to the downside and momentum pumping to the upside. Time to rev that engine daddio.

SimpleTechWizard

It broke to the upside on Friday and full-filled the next leg of it's upside move. If it breaks below this key area then it's entering back into a range before the next push. If that plays out then I'll look for shorting opportunities. Once it finds it's grounding then I'll look for longs.

SimpleTechWizard

It looks like it's primed for a breakout to either the upside or the downside. A momentum entry involves a stop order to get in with the momentum.

SimpleTechWizard

If it closes below the S/R level then it could lead to a filling of the range. Waiting for a close.

SimpleTechWizard

I'll be looking to enter short on a break or long on the 5m with validation in the form of a divergence or nice candle stick pattern.

SimpleTechWizard

Gold is going down. It's retesting a key area. It's rejecting the key area and 50ema.

SimpleTechWizard

Filling a range after breaking into it. Banking on a continuation after wick rejections.

SimpleTechWizard

Looking for a close below this level and then a short opportunity to fill the range.

SimpleTechWizard

Following price action there could be a downward move here Manage stops according to risk

SimpleTechWizard

If it's creating support here then on the close above resistance I'll be looking for a continuation.

SimpleTechWizard

If price comes back to retest this as support, I'll look for a candle stick pattern entry.

SimpleTechWizard

If we see a solid closed above that resistance then look for the next candle to retrace and a possible entry. The other scenario is it just takes off with momentum and doesn't retrace at all.

SimpleTechWizard

Price is moving 'down'. On the pullback let's rip this shit short.

SimpleTechWizard

Price has been in a bearish channel. Notice around the monthly key area it's put in a momentum reversal. It could follow through with that bullish momentum. There's a daily key area lining up with a 61.8% fib level. It's also plausible that the 50ema could line up well creating a confluence cocktail in the next few days or week or so.

SimpleTechWizard

Look for an explosion of momentum on one side or the other. If it trades through the apex with no momentum then it's a no go.

SimpleTechWizard

Potential retrace to a 4h key area for a short position. Always look for that sweet validation before entering trades.