WAITING FOR ANY OF THESE TWO SETUPS TO ACTUALIZE, THEN ILL REACT
HERE ON GOLD, WE COULD SEE A CORRECTIVE MOVE MADE TO RETEST THE 1900 PRICE MARK, WE CAN ALREADY SEE PRICE REACTING TO THE 50% FIB LEVEL, ILL JUST WAIT FOR A BREAK OF THIS 15 MINS UPTREND'S L.H , THEN A RETEST THEN SHORT.....
ILL JUST WAIT FOR THIS SETUP TO ACTUALLIZE....HOPEFULLY I WOULDNT MISS MY ENTRY THIS TIME
HERE ON THE H1 TIMEFRAME I CAN SEE ANOTHER DISJOINTED CHANNEL, PRICE JUST HIT THE RESISTANCE OF THE CHANNEL, BUT I MISSED MY ENTRY AGAIN, LETS TAKE A LOOK AT THE 15MINS TIMEFRAME....ALSO NOTICE HOW PRICE REACTED TO THE 61.8 FIB LEVEL....
NICE DESCENDING CHANNEL HERE....WOULD HAVE TAKEN A SELL... BUT I MISSED MY ENTRIES, BUT DONT WORRY, ILL BE LOOKING FOR ENTRIES ON THE H1 AND M15
NICE FIB SETUP HERE TO GO LONG....IM JUST WAITING FOR CONFIRMATIONS ON THE H1 CHARTS
TOOK A VERY NICE BUY TRADE HERE...THE SETUP TOOK LONGER THAN ANTICIPATED TO OCCUR...BUT IM IN PROFIT...ILL BE TRAILING MY STOP LOSS SOON....AND ILL JUST LET THAT POSITION RUN....SO BUT I THINK PRICE WILL MAKE ANOTHER IMPULSIVE MOVE TO THE DOWNSIDE AFTER KISSING THE 1900 PSYCHOLOGICAL LEVEL....SO ILL BE ENTERING A SELL POSITION VIA A SELL LIMIT SOMEWHERE AROUND THE...
HERE ON THE H1 ILL BE LOOKING FOR A BREAK AND RETEST OF THAT KEY LEVEL THEN LONG
HERE ON THE DAILY TIMEFRAME WE CAN SEE PRICE RETESTING THIS KEY LEVEL....LETS GO DOWN TO THE H1 TO LOOK FOR ENTRIES
NICE WAY FOR THIS PAIR TO START THE WEEK....ILL BE WAITING FOR A RETEST OF THAT KEYLEVEL BEFORE GETTING I FOR A BUY POSISTION
HERE ON MY ENTRY TIMEFRAME...ILL BE LOOKING FOR A BREAK AND RETEST OF THIS STRUCTURE TO INDICATE A CHANGE IN DIRECTION, THEN ILL LOOK FOR A RETEST AND POSSIBLY THE S.MA CROSSOVER THEN LONG
NICE ASCENDING CHANNEL...WE CAN ALREADY SEE REJECTIONS....ILL TAKE THIS DOWN TO THE H4 TO LOOK FOR MORE CONFIRMATIONS
HERE PRICE HAS BROKEN A SIGNIFICANT SUPPORT LEVEL....LETS SEE IF WE CAN GET A RETEST THEN RIDE THIS THING DOWN TO THE NEXT DAILY KEYLEVEL
HERE ON GOLD WE COULD GET A MOVE BACK TO RETEST THE 1910.800 PRICE REGION....ILL BE WAITING FOR A BREAK ABOVE THIS H1 TREND STRUCTURE THEN A RETEST BEFORE TAKING A BUY POSITION
HERE ON THE H4 TIMECHART WE CAN NOTICE THIS NICE DOWNTREND LINE AND PRICE IS CURRENTLY CONSOLIDATING BTW THESE TWO RED ZONES....ILL WAIT FOR A BREAK ABOVE THE TRENDLINE THEN A RETEST BEFORE GETTIN IN FOR A BUY TRADE
LETS START OUT OUR ANALYSIS HERE ON THE DAILY TIMEFRAME....HERE WE CAN SEE THAT PRICE RECENTLY BROKE OUT OF A WEEKLY DOWNTRENDLINE....AND RETESTED IT SUCCESSFULLY...NOW LOOK CLOSELY AND NOTICE HOW PRICE HAS MADE AN IMPULSIVE MOVE THEN A NICE RETRACEMENT ITS KINFD OF FORMING AN ELLIOT WAVE....AND THEN WE CAN SEE HOW PRICE IS FORMING A LOT OF WICK REJECTIONS WHILE...