Looking to short GOLD as we have reached a supply level where price last took out the candle highs and dropped. 3M Engulfing Candle Supply Rejection Liquidity Taken
1-1 Mentorships Available! (Limited Slots) Analysis: We can see price has been pushing to the upside for sometime and now formed a new level which is acting as resistance. Since then price has pushed to the downside, creating a new low and we are now anticipating a retest of our key level. If we get a solid retest, bearish continuation we will short this...
US30 SHORT - Downwards trend, retesting key level, lower high formed, double top on lower time frames
Price pushed down and has now retraced back up to key level and retested. Looking to go short and continue downwards momentum.
Created new level of resistance, lows and lower highs. Multiple wicks, im looking to go short on this pair.
As we can see price pushed to the upside and reacted at a key level, price showed rejection and pushed down. This could be a retracement, if we see price break structure and create new lows I will be shorting this pair. If price respects the 50 EMA I will be going long.
Absolutely beautiful trade which successfully banked 10% today.