THIS IS MY UJ LONG TREND TRADE ANALYSIS Im looking for price to find support on the 50% fib level and at that level we also have a daily support level of 115.55 so this could be the next support level and Im looking for price to reach 116.35 level stay tuned to she how this one plays out
On the 1 hr charts EU has formed a double bottom pattern which is a bullish pattern that took this morning.
This is a Ascending Triangle its a bullish pattern on the daily TF of UJ
Im holding AU short and anticipating it to reach or break below .7700 level...
AU has been at a tug a war all day. I took a short position @ 1.7744 so lets see how it going to act for me over the next couple hours.
WILL GOLD BREAK 1,735 LEVEL OR WILL IT REVERSE TO THE DOWNSIDE IM WAITING PATIENTLY TO WHAT ITS GOING TO DO
My current long position that I took off a retest on the long continuation pattern and Im looking for a 3:1 RR but if this trend continues to retest structure levels I will be taking many more entries on the way up.
Took long entry off the second continuation pattern here. I some how missed the first retest but hey we cant catch them all but Im in it now so lets see what happens this week with this position.