- (All reasons are indicated in the above picture in simple short notes). remember when trade is 35-50% in profit move stop loss is moved just above break even, for it to be a risk free trade!
- (All points are described in the above picture in simple points). remember when trade is 35-50% in stop loss is moved just above break even
Looking to go long on EU however we are still waiting for price to playout in this channel, We see a potential divergent move coming close which may show a nice indication that price is lying to us and it will respect the channel. Also waiting for some candle confirmations, AS price may do some manipulation towards the zone highlighted below, that is the reason i...
- (All reasons are explained in short notes on the above picture).
- (All reasons are explained above on the cart in short notes)
A nice level for gold to pull back before doing its final push to its monthly high, or it may just start its drop From this rough area! - (All reasons are explained in simple notes on chart above)
I believe in the long term price will start going down due to the fact that a reversal is taking place after a bearish gartley pattern and an AB=CD Pattern, however a doubletop may form before overall trend reveses so to catch which retracement it may hit will be key, i guess we'll just have to wait...........