we have taken profit on gold now we wait for it to enter zone for the bat and we sell into the take profits
i have been in a long position since the lowest point of this zone. the black shade is for the advanced patterns takeprofit. id avoid shorts till i see a long oppertunity in your 1h and 15min
those who are day traders you can expect a little long but i advise that you wait for shorting oppertunities only
as you can se we have weekly and daily patterns and divergence so for those with big accounts you can hold a short position. but for smaller accounts i will post a lower timeframe projection for you
these are the potencial moves for cadjpy but we want to be in a sell because it is the safer direction to trade
i forsee a downtrend in the 4hour with divergence. i will only be looking for selling oppertunities in the 1h 15min and 1min. untill i see those oppertunities id avoid any buys. we also have the potential for a head and shoulders in the break of a downward direction.
strong dailt buy pattern, short sell wedge and playing within the movements of range to complete bigger pattern direction
ignore any longs just look for shorting oppertunities
the is massive test of support exhaustions and we expect buy on bitcoin