hello guys...
let's see what happen to gold before:
NOW, what is more probable, and what should you do?!
1- if the price reaches the pink area get a short position with a logical target
2- if the price breaks the gray area gets a long position and the target is the pink area
what is less probable but not out of mind?
1- gold wanna touch the green area and after that start a downward movement
---------------------------------
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
let's see what happen to gold before:
- Start a sharp move
- Formed a three-drive pattern
- Hunt last level of three drive
- Formed a QML
NOW, what is more probable, and what should you do?!
1- if the price reaches the pink area get a short position with a logical target
2- if the price breaks the gray area gets a long position and the target is the pink area
what is less probable but not out of mind?
1- gold wanna touch the green area and after that start a downward movement
---------------------------------
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
Note
buy/longif the price breaks up the gray area you can get a long positon or add to your position
entry: market(a bit risky)-1951
Target 1: 1999.5
Target 2: 2025
sell/short
entry: 2025
Target 1: 1995
Target 2: 1968
Trade active
the long position became activeTrade active
two scenarios for getting long positions:Trade closed: target reached
the target in the short-term perfectly touched!
👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
Related publications
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.
👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
Related publications
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.