I see that the market is literally bouncing off my green trend line and going back up . So I believe it will do just that to end this Friday . It’s going to go down to my green trend line , respect it and maybe go to 2620
I see the market going back up to 2595 and we will watch to see what happens there. It might consolidate and go lower to around 2588 and if it consolidates and decides to go up , I think it will go to the 2600 level again maybe for a bigger touch this time. Lets see
I'm watching to see if the market breaks my little down red trend line and that will confirm its going up to fill that imbalance.
I believe the market will go up touch my red trend line and cont. the break down its in and head down to my 2560 level. See chart for blue drawing describing what I believe will happen .
A spotted a few engulfing candles so it might drop lower. See previous idea for pre- bias
Still consolidating but I created a counter trend line lets see if the market respects it or breaks it. Watching to see a break of the consolidation as well.
The market is currently at its new high and its consolidating . I believe it will drop to the 2570 level and we will watch to see if it will go into another consolidation and wait for a break out to see the direction to create a concrete bias for this week.
The market is consolidating right now but when the market opens up on Sunday I believe it will go down to the 2570 level. To fill that small imbalance and from there we will watch to see if it continues or if it reverses . BUT FIRST LETS SEE IF IT BREAKS THIS GREEN UP TREND.
The market is in a small consolidation but I believe it will go down to 2512. But lets see
That morning star that was just created on the 15min is another confluence to why I believe it will go down .
Right now the market is consolidating but I believe it will break then head down maybe to the 2506 level.
I'm paying attention to the candles more and I see a lot of bearish engulfing candles so the market might hit 2504.
It might not consolidate that long but I believe it will drop temporary.
I'm learning to trade what I see and not what I think, But I study Gold non stop and has reached a new high at 2528. I believe it will consolidate go down to my 15 min green trend line then head back up.
The market did exactly what I thought it would. I said Sunday that the market would make it to 2520. I took a look at the things I did right with the trade. I waited for a break and retest , I marked up a trend line on the 15 min and even though it broke a little and went a little under I knew it would stay in that range because of my trend lines.
I'm waiting to see if the market will bounce off my 15min trend line and return back up . Lets see
So i def think its going to reach 2520 this week . I also caught that morning star on the 15 min/30 min for an extra confluence.
So it seems like DXY is creating a double top so I believe the dollar is going down and the first TP for me would be 101.500.