We are going to swing trade gold since the buying trend is incredibly strong. We expect the price to move freely until the green line. Entry at yellow, stop loss is the red line.
This is the trade setup. You want to buy at most around the current price and have your stop loss around 10 cents or lower. The take profits are the green lines.
Yellow line is entry; Stop loss is the red line; Take profit are the green lines;
As usual SL is red line; TP is green line; Averages are also good TP points.
Given the most recent developments, I no longer believe we will have a market crash before making new all time highs. As such, we now look for ways to profit from this: Buy the dip. The idea is to open positions whenever the market falls and momentum ceases. Another good place to buy is when the price reaches it's mean. The SL is the red line (for all positions),...
If the price behaves as described in the chart, enter the trade at the yellow line: Stop loss is the red line; Take profit is the green line;
My friend requested me to analyze this chart. I actually like this trade! Take profit is the green line; Stop loss is the red line;
Take profit is the green line Stop loss is the red line. Risk Rewards is bad on this trade so I am wouldn't take it anyways.
As usual red line is Stop Loss. Green line is Take Profit.
As usual: red line SL; green line TP.
Green line is Take profit Red line is Stop loss If you are not short yet, wait for a re-bounce to the neck line,
As usual, green is TP; red is SL; If you are watching this too late you might want it to get to the yellow line first!
Hello. Chart says all you need. Downtrend is still strong. Put a stop ~1000$ above the trend line. Cheers!