PATTERN : DESCENDING TRIANGLE BREAKOUT LOOKING FOR SMALL RETRACEMENT . TARGET : PREVIOUS HIGH
DOWN TREND. BREAKING NECKLINE
WAITING FOR CONFIRMATION NEAR FIBONACCI 161.8 . LOOKING AT H1 IF THERE ARE ANY CANDLE STICK PATTERN SUPPORTING FOR BUY
BREAK PREVIOUS RESISTANCE. WAIT FOR SMALL RETEST AND BUY
WAITING CONFIRMATION AT H1
USE SMALLER TIME FRAME 4H TO FIND BUY TRIGGER
STILL IN DOWN TREND. FISHING AT FIBO 261.8 FOR GRAND PRIZE . TIGHT STOP LOSS
3 TIMES RETEST RESISTANCE. WAIT FOR RETRACEMENT AT FIBO 50 % OR 61.8 %
WAITING FOR RETRACEMENT AT SMALLER TIME FRAME H4. H1. LOOKING FOR BUY TRIGGER
LOOKING FOR CONFIRMATION AT H1
WAITING FOR RETRACEMENT AT SMALLER TIME FRAME H1. SELL ON RALLY
RIGHT NOW , WE ARE AT FIBONACCI 76.8 . WAIT FOR THE BREAKOUT TO BUY
WAIT FOR RETRACEMENT TO ENTRY SELL
ANTM . BUY AT RETRACEMENT OF BULLISH TREND MACD GOLDEN CROSS AT DAILY TIME FRAME. IMPORTANT NEWS : 31 JULY 2019 ( US INTEREST RATE CUT = HIGH PROBABILITY ) RATE CUT = GOLD UP
BOTTOM FISHING AT WEEKLY FIBONACCI 161.8 SMALL RETRACEMENT BUY AT 1975. SL = 1800 TP = 2200 ( BEARISH TRENDLINE )
PNIN BUY AT 1375. SL = 1320 ( BOTTOM OF TRIANGLE ) TP = 1530 ( HIGH ) REASONS : * BREAKOUT TRIANGLE * MACD GOLDEN CROSS * FROM SIDEWAY TO MAIN TREND BULLISH
PTPP BROKE OUT TREND LINE. WAIT FOR RETEST. BUY ABOUT 210 - 2145. SL = 2000 ( RISK 6 % ) TP = 2500 ( REWARD 18 % ) FIBONACCI 161.8 DISCLAIMER ON