BM_ForexTrader

BM_ForexTrader

Gold is indeed pumping... Make sure secure profits... NY session is yet to pump it even more

BM_ForexTrader

Price is currently @ retest level, potentially showing signs of bearish momentum depleting, will gold gain ahead of PCE data?

BM_ForexTrader

Im anticipating orice to continue to push bullish back to the key level marked, following the CPI data release which was positive for GBP

BM_ForexTrader

Gold will be buying to the high, with the news release i also anticipate for NY session to push

BM_ForexTrader

Gold will be buying to the high, with the news release i also anticipate for NY session to push

BM_ForexTrader

Possibility of gold reaching the recent high, just waiting for bullish structure and price to actually retrace before pumping. NB : CPI NEWS AHEAD

BM_ForexTrader

Bearish on gold, i have a sell stop in place for retracement

BM_ForexTrader

Price currently @ the LH level creating a potential double top. 1st sign of a sell, although wait for price to break the "trend line" and once it creates a LH, I'll scale down and look for sell momentum / structure

BM_ForexTrader

Waiting for a retracement (remember price expands and retraces), if price can create a support by the last high broken and show great 4h or 1h bullish momentum candle. This will be a sign for me to take longs

BM_ForexTrader

This is based off US data and market structure... If we get a Break and close below, this should validate our sells

BM_ForexTrader

price has recently tapped 1.25679 level with immediate shorts. We have a trendline break and a higher high break @1.25150 . If price does close below this level ( especially the Daily candle ) I will be looking for a lower high formation to short it futher

BM_ForexTrader Updated 

short idea on gold based on 1h bearish momentum and 15m structure currently @ possible retest

BM_ForexTrader Updated 

price has recently broken out of a range to the downside. I do expect continuation to the down side , whether it be your retest or price creating support then breakout or one could use scaling down techniques to find trend patterns

BM_ForexTrader

daily and 4h sell structure. lower TF head & shoulders.

BM_ForexTrader

4h bullish structure invalidated. Break and retest with a double top formation. Likely to fall?

BM_ForexTrader

Silver is already leading with shorts. We have a 4h bearish bias/structure. Target back to a high low.

BM_ForexTrader

Possible inverse H&S ?? Wait for price to invalidate the bearish trend by breaking the neckline

BM_ForexTrader

Price is also trapped in a range . Price had a strong push phase without a correction. And we know that every push is followed by a correction.price has reached the top of the range , is it going to correct ? Scale down and look for bearish setups