The move was too fast, and I was busy with gold, i might just leave gold for next week, its a little annoying ... :)
Use RSI for entries.
Use RSI for entries.
Note
Also its fibs day and already very low, the pullback might be little longerNote
Its fibs day... If it reverses could be a good reentry. The last one ran into SLNote
400 pip SLNote
What is a reversal?1. RSI ahowing convergence in lows of a baerish market and divergence on highs on a bullish market
2. Momentum is pushing back up with a long candle closing above last lower high of baerish trend (here green line)
3. Higher timeframe shows rejection of level or zone, or a pullback candle
Note
New floor here looks like headache, momentum is consolidating but i ll give it a shot like thisNote
Hit 1st Exit and went into BE. Lets close the day here with our gold trade having shot to the moon, everyone should be in profit.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.