Trednline
GOLD XAUUSDWith the massive drop of gold on Thurs/Friday, I expect to se some consolidation and re-balance before it's next move. Potential for a correctional flag before finding the trend line to continue making it's way down.
Alternative move marked out in white lines
PATIENCE - CONFIRMATIONS - ENTRY - PROFIT
EURUSD 1HR Simple A-B-C move before next move up??...Looking for price to move aggressively higher. NOTE: If it doesn't, and just moves correctively higher, then will be expecting move lower instead and as a result not holding onto any longs.
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Trade with care my friends! :)
NEO/BTC - Closing in on buy zone! I'm still watching NEO/BTC paring and waiting for price action to pull back on my weekly buy zone. Price held within a call a zone for 4-5 days and is not starting to move lower.
I'll be keeping an eye on this one.
I hope you enjoyed the video and get something out of it, if so give a like and leave a comment with your thoughts on future price action.
XAUUSD potential for Short positionAfter almost 7 weeks in a row on rallied from around 1238 to 1365 then the bulls showed a bit tired last weekend.
We can see the rejection candle pretty clear on daily chart when the price of Gold has gone above all time high from 2017 (1357.37) and below all time high from 2016 (1374.70).
I’m going to wait for it react with 1325-1344 before joining the bears.