pretty simple setup and its been working , wait for candles to close out of this consolidation box and catch the pips to either side
Charts Says it all, Pretty clean , if you do fib on weekly you'll see this is just starting to boom up and up long term
New hourly candle just opened above resistance, this is gonna go up some more, daily bull trend as well like I said in my previous post!
Look at that EMA/MA Curve crossing and heading up, its also bounced off the .382 Fib zone, this can be a very strong buy for a couple of days, for sure a great long scalp , trade wisely and not with emotion, understand direction and price action
If you saw my last post, I was in a buy since last night at the swing low, it went up fast and pulledback overnight but now I think its gonna takeoff back up
At the moment, price has broken a flag and is either gonna fall right now, OR go up and test 1.930 Resistance and then either reject for a sell entry or break resistance and bounce for a buy entry, if it breaks, it will ride all the way because on daily FIB the bulls are just starting and this is gonna go to the moon
Hey all, just my opinion but I think gold is slowly going up retracing the previous high, could shoot back up to 1337-42, I am personally scalping this up, I am fairly new to using FIB so don't take my word here, but if you've seen my previous post you do know that I follow price !
Gold is in an uptrend right now and might break through , would keep eyes on this could be a nice scalp just my opinion I know the charts are a little messy right now Instagram: A1-Aust
If you saw my earlier post, you saw that I noted the daily candle touching the resistance and wicking, it did come down and has been tap dancing around 1281 with a found support, LOOKS LIKE it just might break it and continue moving downward..Heres what Im looking for. KEEP AN EYE FOR THIS BREAKOUT, EITHER GOING DOWN MASSIVELY OR GOING UP . FOLLOW THE MARKET, NOT...
Please don't trade with Emotion and take this as a signal. This is just what I am seeing as everyone else is, but I AM Personally Shorting This Now . Cheers mate
Gold Looking to drop here big time to last strongest support!