I Think Gold is in a bullish structure. It is expensive at the moment, and you can see a reversal formation. Up to where is going to fall, well maybe you could use Fibo tool to give an idea. I would wait for a bullish pattern to look for longs.. the market is choppy with lot of volatility, gold would be strong on this situations.. but keep an eye on USD
We are in an important support Zone. Has not to be lost in order to keep thinking in longs!
We're currently within a broad consolidation range, with price action indicating a potential liquidity grab towards lower levels. A daily (D1) support zone has been breached, and we're observing a bearish correction channel. I'll be monitoring the next D1 support zone or the 'key liquidity area' for reversal patterns, signaling potential long opportunities. A...
Compressing price near a support Zone, would like to see a liquitidy sweep and go up!
Within the lateral channel, we are in the lower zone. It is very possible to see a test of this zone that gives us the opportunity to enter long.
Today NFP new were no good from stocks point of view. The index went down to D1 Zone. If the zone is lose, then you can see possible objetive market on the chart
Bullish scenario is doing well, my primary target was reached!
Gold is pushing up at the beginning of this new year. I see a long oppty as the price break a triangle pattern formation.
I would like to see the price in a cheaper zone befor to look buys oportunities. Be careful of de BSL ( Buy Liquidity zone)
Testing again the trend Line. Be careful of the correction channel, price could good deeper. Regarless I still in the position
After the price had a strong reaction on the OB, now is geeting back to the zone. I keep a bullish view until the zone is lost. If that happen we could see price to reach lower zones!
TL was broke and gave a good oppty to entry long. I still keeping this position
Please see what happen here, beyond we followed the plan yesterday a deep sweep liquitidy was made and taken out our trades from the market. That is why it is very important to alway do a very good risk managemente to avoid big losses and keep playing the game
I would like to see ticker price supporting on the long trend line to look for buy oportunities
Strong Liquidy Sweep these afternoon on the cryptoMarket Ethereum has reacted very strong on previous supports zone!
Long Trade Oppty, wait for TL to be break then throwback and look for long trade