Gold forming cup and handle now in consolidate phase which form HnS pattern we can enter the market by breakout strategy to make sure the price is moving directly it will be better if any additional sign come like divergence or golden cross use standart Money Management (2% Risk per trade), Good RR (1:2), it will be better to you enter the battle happy...
we foresee that gold still in bearish pressure in Higher Timeframe now price is stuck in suppy area and previous liquidity pool area which mean there a prob to bouncing confluence with fib retracement 38,2 at daily chart and 61,8 at h4 timeframe our 1st scenario gold free fall to last strong support at 1722 (confluence with 161,8 fib) alternative scenario gold...
We foresee at longterm trade gold forming inv HNS we can trade at near low support/demand area waiting for another confirmation formation candle like hammer, pin bar, piercing, etc Searching for area concluent like divergent, golden cross, pivot point and trendline happy trading
Inverse Head n Shoulder confluence with ABCD pattern. Waiting for other confirmation e.g Divergent and Price Action like pin bar, hammer, inside bar will be nice for enter this trade setup. Happy Trading
We foresee gold forming bullish flag pattern it indication continuing the bullish trend Confluence area with FIBs 261,8 and Supply Area Zone We can trade with confirmation candle like Pin Bar or Hammer to get best Risk Reward Ratio Trade Also we can enter market after false breakout inside bar continue their trend with next breakout inside bar near trendline/price...
We foresee Dollar Index in D1 Timeframe may form HNS pattern We need confirmation candle at H4 time frame better with price action like hammer candle/ pin bar bullish candle in the bullish trendline combine with bullish divergence will be high probability trading setup happy trading
Gold will continue uptrend after make healthy correction If gold can maintain the area 1820 so we can see the uptrend until near 1841 do with your own risk
Trade sniper like pro with low risk and best reward ratio liquidity pool is most important confluent area of trade just be smart and happy trading
A short reviews and perspective an FX and Gold Analysis Trade setup with Sniper Entry base on Price Action Just share to everyone who want to study Trading FX and Gold All signal do with your own risk Keep your Good money management and psycological management trading properly Happy trading lets do some fun "Miracle Trading"