DAILY : Elliot Wave. Wave 2. H4 uptrend channel. Support tested. H1 liquidity taken during NY last session
Price is making half batman pattern. During first asian opening on Friday, price was trapping break out trader at 1900 and above. During London and New York session, price went up to tap sellers who were in profit (get out with breakeven only). Just before market closed, another stophunt occured on last minutes. All breakout buyers trapped, and mostly seller were...
Following my latest idea, gold is starting to begin the trend after hitting 1800 psychological zone. Change stoploss at breakeven points and let the price moves up. There must be another drop on the way to fibo 1.618 expansion zone to take out retail buyer who hold position their position. The risk reward now is down to 0:5
Yesterday on Monday, during London session, market maker dump gold price down to 1798. Market maker took out buyers who holding long position since last week with trailing stop at 1800, this was also took out buyer during begining of Asian session. Below 1800 also has a lot of break out seller activated during yesterday dumping. During New York session, market...
Price at 61.8% daily fibo. Retail entry sell at this price. Market maker will push price above H4 resistance price to take liquidity. Triggers buy pending order and execute stoploss for seller. After all liquidity being taken, price will drop down to H4 liquidity area. Wait H4 candle to close below H4 resistance then make entry.
Double flag pattern on Daily and H4 time frame. A lot of liquidity for sell stoploss or buy stop above resistance. Will hunt for that area. Entry are made on H1 time frame, stop loss just below H4 flag support.
3 patterns are: Descending channel HSH M30 stophunt high
GOLD projected to cross below 1700. Descending channel and HSH formation. Sell signal on H1 and M30 time frame.
Gold is making market maker level 1 pattern since yesterday. Bullish bias.
Sell signal on H1 gold. The 3rd signal on today's chart. High probability price continue to break below 1700 and continue weekly bearish trend.
GU will make a stophunt slightly above yesterday resistance. Approx 25 pips above highest of today Asian Session. Wait for a sell signal. Bearish engulfing pattern on M30 is a sell signal.
Stophunt high created to induce trader to go long, breaking yesterday high and asian's high. Wait for the second leg 5 pips above first leg, stoploss at 10 pips, risk reward 1:14.
Pole and flag pattern formed on H4. Bullish expected to break nearest support.
Open buy now at lower trendline. Next target 132.200