Without taking in consideration geopolitical tension and the crazy nature of Gold, from my 2cts technical analysis view I believe the long due retracement should look like this. But again, sh1t coin pump hey!
I don't really swing trade but if the uptrend doesn't resume soon, we will most likely be looking at this set-up, I think. As always the market does what it want but this bearish scenario is very likely to happen if Gold doesn't regain bullish momentum. Just my thought, nothing else. Trade Safe!!
Hi Gold fanatics!! you might have seen me in the minds section joking around and talking shit but that one I'm serious. Even if I personally 95% of the time scalp I thought I would share that overall longer trend Bias. Everything is pretty much on the chart and self explanatory but if you are still long term bearish and targeting 2308 level you might want to...
Everything is pretty much on the chart. But looking at fundamental, there is no way the BOJ will let it go further, they will do as always and bring it back down. Take the ride down, feel free to target any of the demand zone or just manage the trade with trailing S/L, I'm gonna let it run as far as a swing trade can allow it. Be safe!!
If correct and caught properly this setup can be a really nice 200 pips leg up. 1st target at 80-100 pips. Check the chart for more details.
Check the chart and decide for yourself!!!
Everything on the chart. The Daily is even more attractive!!!
If you missed earlier entries for a short on LTC, here might be a good time for you. The price respect the EMA for the dynamic resistance so far, how long will it hold?!? Trade Safe!!
Everything is on the chart. If it doesn't go the bull way back to the $6.2K area. Trade Safe!!
You have to zoom out to Daily here to find the Area of Value. Watch and wait to see what the price is doing is always best. Don't guess, obverse and act. Trade Safe!!
I'm not much of a teacher but here is a very good example of what not to do. From a trade I took earlier where I didn't follow my strategy and rules with the discipline that I should. My entry was too early, I'm still in the trade but I could have a better RR and be in profit already. Anyway everything is on the chart. Trade Safe = stick to your strategy and...
Everything on the chart. Trade Safe!!
Everything on the chart. Trade Safe!!
Everything is on the chart, RR 12.5 huge profit if the trade goes in our favor. Quick scalp set up available too, choose what fit your style. Trade Safe!!
Watch this pair closely this week, what to expect : 1) Quick bounce will happen if the support is strong and the price will retest previous broken trend line. 2) Otherwise the price will build up around it and eventually break downward to reach those Fibo. Definitely a pair to watch this week. Trade Safe!!
It was a really good set up to short this pair but I missed the previous 2 entries so I am not rushing in. If the pullback doesn't happen, that's fine, there thousands of other trades out there. Don't run after the trades, let them come to you and stick to your strategy. Trade Safe!!
With the entry just below the build up it is a really good entry for a tight S/L. RR around 3.5 (see pic). Nice little set up here. Trade Safe!!