Price back to a zone of resistance creating a double top after almost reaching my target. Partials were taken and still left the trade to run. On moving closer to the area of resistance, it created another short opportunity which I took aggressively with same stops as the my first entry. Seeing that double top indicated to me that price is gathering momentum to...
Yesterday, price used us as liquidity to continue to the downside. A lot of sellers shorting, their stops were Hunter at the spot I marked as area of supply. At that point we need to apply our risk/money management skills and not over leverage. Having a good (Risk: Reward)RR here was key. After the stops were Hunter price now has given us another opportunity to...
Trendline break and retest causing a double top. This indicates price reversal to the downside. Currently, from prehistoric event. Price should reach my drawn orange horizontal line. I'm still expecting a further push to the downside today. After a little push to that area of supply I marked. You will see more studying my chat. Follow, like and comment as we...
1.Trend was bearish 2.A break and retest that indicated a continuation in market trend. 3.Price failed to break above it's previous lower high and price accumulation the zone. 4.A trend continuation divergence formed at the level price was rejecting.
If followed me when I made this simple analysis you would be happy and probably a millionaire now. I see big moves and tell you what's about to happen and bring it to you with simplicity.
Daily low is the target. Shoot ya shorts, find your entries in the lower time frame. Remember, sell at premium price.
Price is targeting the daily low. Till the inefficiency is filled I'm still expecting price to continue bearish. N/B: If you are buying, buy when price(sell) is at discount (over extended). And sell when price reaches premium price. Simplicity is the key
Gold woke up with bearish momentum to the downside, as it is likely that today will close bearish. My entries will be sells throughout today
Strong bearish momentum to the downside on the daily
I spot a strong bearish momentum on the daily Time Frame. I'll be looking for short entries on lower time frames