We just attempted to break an imporant line after ABCing yesterday following the impulse down we saw from the gartley PRZ. if we now confirm this breakout in the way indicated by the blue dashed lines i will be looking to sell.
dont take too big targets since gold is still bullish alot on the bigger picture. but i think there is still enough room to make some profit overall.
if we rally from here up. then no trade for the moment.
follow this signal on the 5m, for better vision.
dont take too big targets since gold is still bullish alot on the bigger picture. but i think there is still enough room to make some profit overall.
if we rally from here up. then no trade for the moment.
follow this signal on the 5m, for better vision.
Note
Market did the what i wanted. so if we break to the downside now, i will be selling.Note
if we get an entry this will be my target setupTG1: lose retest of recent structure(B point of gartley)
TG2: gartley completion at the 786
Order cancelled
got a rally, so setup terminated for the moment anywayNote
maybe another shot ahead. however. the flag isnt clean enough to trade the current breakout, plus the RRR would be too bad. thats why i need another layer of confirmationwould look something like this
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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.