At this moment i will wait for a sell trade opportunity and since its holiday time i refrain my self trading and come back by January next year.
I will be looking for a buy trade opportunities for next week since this week was just a consolidation moved. If market provide a great volume that will push the price then i will going to ride on it and if not because its December then i will take my time enjoying the moment of not trading. Enjoy life fellow traders and wish you all a Happy Holidays.
As of this moment i will look for possible buy trade only since market structures were showing a high chance of bullish price movement in the next following days.
For next week trading journey i will still look for possible buying opportunities but if candles start closing below the red line then thats the time i will look for possible sell trade opportunities.
For next week im looking for both moves either the bearish continuation or a bullish reversal move since price already made a retest on the weekly bullish FVG.
For next week trading journey i will be looking for possible sell trade opportunities if price doesn't break above the daily bearish FVG.
For next week i will be looking for possible sell trade entries if price reached/got disrespected from the marked zones.
For next week i will be looking for buy trade only since the market structure is showing me that price has a high chance of continuously moving bullish.
Based on how the candles are forming right now Im looking for selling and buying opportunity for next week price movement since price of GOLD already made a new all time high price.
For next week i will be looking more for a buy trade set up since there's a strong bullish reaction as price retested the weekly bullish FVG. There will be an opportunity for a sell trade set up just to capture the retracement move but it will have a low probability chances to get a good risk to reward ratio.
As of the moment if this green zone will confirm to be a fair value gap then I will take a buy trade if price react on this green zone on lower timeframe with a bullish strength.
For next week trading journey I will be patient for candles formation before engaging to trade. Just chill and protect your trading capital.
So for next week trading journey i will be looking for a buying opportunities since there's already an evidence of bullish strenght.
At this moment its better to wait for confirmation before taking a trade since price already made new all time high.
For this week trading journey I will be waiting for price to make a retracement going to the newly formed daily bullish breakaway gap before I will engage for a buy trade but If i can see an opportunity for possible trade entry then i will take it and planning to secure around 2000pips of profit.
Since price shows strong bullish reaction I will be looking for possible buy trade opportunity. Just be patience in waiting for your set-up to form before engaging in the market.
At this moment i am still favoring the sell trade opportunity since there's a new evidence that can drive price bearish.
For this week i will wait for bearish confirmation on 1hr timeframe so i can take a sell trade. Looking forward to get 3000pips for this week price movement.