Gold has been up and down loading it up to eventually expand.
"LONG term Buy to 2000"
DAILY: It makes a ascending triangle
4HR: Amazing market structure and crazy wicks every where / drawn on the chart / trend lines
1HR: Market might head down to 1935 to grab liquidity ($$$$)
Wait for market to pull back to that area to look for a BUY
Scalping:
1HR: looks like a downtrend
15MIN:
If it breaks the trend line we look to see if it will retest the trend line (WHITE TREND LINE UNDER MARKET STRUCTURE)
My goal is 50 pips or a 5 point move for scalping or for anything in general. Long term buys or sells is 70 to 100 PIPS.
"LONG term Buy to 2000"
DAILY: It makes a ascending triangle
4HR: Amazing market structure and crazy wicks every where / drawn on the chart / trend lines
1HR: Market might head down to 1935 to grab liquidity ($$$$)
Wait for market to pull back to that area to look for a BUY
Scalping:
1HR: looks like a downtrend
15MIN:
If it breaks the trend line we look to see if it will retest the trend line (WHITE TREND LINE UNDER MARKET STRUCTURE)
My goal is 50 pips or a 5 point move for scalping or for anything in general. Long term buys or sells is 70 to 100 PIPS.
Note
For the 15MIN scalping we are looking for a sell
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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.
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.