Right now the price needs to make a decision, if it breaks up, it would follow to the top Yellow area, if it breaks down, we can safely assume it will go to the bottom yellow area, but for now, we wait.. ***APPLY RISK MANAGEMENT***
Based on imbalances, first we go down, then up **apply risk management**
This is all based on Imbalances ***risk management applies**
Price has to retrace now, however BoS needs to happen first, this is what I analyze: Price COULD go up to 163.04 and then go back down, if not, we wait patiently until it reaches entry at 162.30 and then place a short entry all the way to 161.34. Entry: 162.30 TP: 161.34 SL: 162.65
Since the inbalance has been touched, now it time to go back up TP: 162.500
Below is my analysis, News will definitely affect this play, currently about to hit a support line, once it breaks, wait for the retest and then enter. I am placing a Sell Stop Short Position Entry 1.20500 TP1: 1.19400 TP2: 1.18481
Imbalances confirm the Idea. Sell STOP - Wait for it to activate Entry: 162.088 SL: 162.400 TP: 161.466 Patience is key, Risk Management. Trade Safe
Bitcoin 4 HR timeframe shows a Death Cross I will try the following: BTCUSD Sell Price: 39828.80 TP: 38700 SL: 40800 First time trying BTCUSD, please use RISK MANAGEMENT Accordingly! -Torin0
Gold currently shows Bullish, Based on the 4 HRs it seems a Golden Cross formed indicating a price in the bullish direction. I will be entering the following: Price: 1966 Market Execution: BUY TP: 1996 TP2: 2000 SL: 1950 1 - 2 ish ratio, this is a LONG position. It may take a few days to hit or perhaps later.. Let's see how this go, i will keep you...
Sell XAUUSD Entry: 2056.00 TP1: 2045 TP2: 2040 TP3: 2037 SL: 2075 Let's see if this will work, 2037 is the end for it, after that it should go up again.. Thank you
Let's Try this Resistance has been hit several times but it doesn't seem to pass it.. Let's see if this work Entry: 0.91950 TP1: 0.9172 TP2: 0.91600 TP3: 0.91400 SL: 0.92251 ***PLEASE USE SMALL LOST/RISK MANAGEMENT***
Going with the flow, let me know what you think ;) Please remember to adjust your TP1 once met to hit TP2 ***PLEASE USE RISK MANAGEMENT ACCORDINGLY*** Entry: 1903 TP 1: 1909 TP2: 1915 SL: 1892
This is how I see Gold.. let me know if this works for you! ***Update @ 3:50 pm MST*** XAUUSD Sell: 1826 TP1: 1822 TP1: 1817.5 TP2: 1813.325 SL: 1835 *Apply Risk Management* I will let you know in the results