Daily "dark cloud cover" followed by "3 black crows" , pull back, followed by daily bearish engulfing - well, this is enough for me to say that I have point C of potential bullish Gartley pattern which should fill as some $40-$45 drop in the price of gold. I`ll keep short positioning and look for potential longs if Gartley gets filled. I wont be surprised if the...
This is short term idea (I have posted longer term idea before ) for another new ATH and potential pull back in reversal zone, so short term longs are what I`m looking to complete when/if bearish crab gets filled. Plan is to use potential pull back and take longs again.
Well, I think everyone is bearish here, TL support from 2015 is out, MACD divergence in play as the end of every trend. I just want to point out 2 key levels of crucial support. NZDUSD is not my play, it is slow, but important for its evil twins, EURNZD, GBPNZD in which I will look for long positions targets.