not to sure about this set up SL may be changed i just wait for my confirmation to entry and see if is gonna respect my set up but thats my ideea about GOLD
i see nass hiting my fvg and continuing to the up side whit a scale at the breakout SL can be at 19698.9 to up to you i usually have a confirmation of a 1 to 3 eng at the fvg goodluck
i ll aspect nass to fall from 19889.5 from the 61.8 FIb zone and continuing till the breakout of my flag for a tp 1 off 19503.2 and tp 2 off 19334.7 SL should above the last high but i usually wait for a 1to3 candlestick confirmation on the fib zone for a tight SL GOODLUCK
i ll wait for a 1to3 eng at the fib zone in order to entry the trade open session will take G/j to my fib zone i aspect
GOld is in a 1 H bulish channel i try to trade inside the chanel till the key zone and after continuing to the up side for a posible break of the chanel for a long term Bulish to 1 h TF
i aspect GOLD to respect my berish FVG when news come in i aspect a 50% retrecement followed by a continuation to the downside in order to hit my TP
i aspect GOLD to respect my berish FVG when news come in i aspect a 50% retrecement followed by a continuation to the downside
i m loking for gold to retest my bulish flag and creating a HL on a down trend that we are on so is a short BUy trend very careful at the blue zone how the price is gonna react of off it is very important i ll be confident on this trade if i see a very nice bulish breakout off the blue zone
Gold had a breakout and a retest of my trend line i would to see aa good bulish reaction after 2336.139 around nys open in order to scale in on the trade THE ZONE MARK ON THE CHART ( are eraly exit confirmation i ll be careful how the price react of off them )
that s my set up for gbp/jpy i wait for that entry confirmation up to you guys whitch one you pick G/j is in a down trend and i aspect a continuation let s see how it gonna play out
just a ideea let se how it plaing out i ll wait till the trend line is break and the berish fvg is respected
GOLD is in a bulish fvg if a 1to3 candlestick confirmation will be formin on 5 or 15 min TF i ll entry i just see if is gonna respect it or not
i would see by fibonaci and a retest of my patter e/u to go till my 0.27 fib zone if is gonna respect my fib 50% fib zone like i drawn
by fib is retesting the fvg before the retrecemenet to be done i ll see how gold is gonna react there i usually entry by a candlestick confirmation like a 1to3 on my box drawn if is not gonna happen i m not gonna entry the time frame that i usually look is 5 min bdw
i aspec j/j to breakout my trend line and continuing to the up side
i aspect nass to continue the up trend that we been on making a new HH
i aspect a berish continuation on GOLD let s see how it gonna play out
i aspect a berish continuation on GOLD let s see how it gonna play out