Price played out exactly as expected, perfect analysis. Hope you'll took advantage of this one too.
My chart didn't share properly, I apologies, but either way my analysis is getting confirmed as I type this, though I have not personally entered yet.
I am gonna use this short term rally to scale in again, hoping to see price give me a good opportunity around New York open or even next week, as long as todays candle / this weeks candle closes below support (32450) I am fully convinced we will see some big bearish moves take place next week down into my targets I've been calling all week! :)
I do see nasdaq continuing down tonight and next week. I will look to enter at my poi of 12050-12100 should price reject it and I'll trade down into 11800 with confidence and possibly take it all the way down into 11500 and below.
I will also look to add onto my position here at 32440 should price give me a reason to, I have a alert set there, but it being a friday I will be extra cautious with me entry.
We still eating off this, what a massive trade floating 1400 pips as of now, approaching my final take profit very soon. I hope someone got to take advantage of my analysis.
We honestly could see something like this take play, I have my alert set at the poi, potential for a 1:4RR, but I will be super cautious with gold since there was a massive imbalance left behind last night that could easily lead to a loss.. I'll keep youse updated.
Price clearly did not respect my zones, the fundamentals did not align, my bias has no gone back to my original thought of bearish trend continuation as I anticipated last week but I have no active trades running on gold atm, will let price calm down for a day or teo before looking to enter in as after big news events like this 9/10 times it will come back to fill...
I am currently floating around 650 pips in profit here on dow jones, everything from my bias, analysis and entry critia and reasoning was marked out and posted on here for you all to see. I will be holding this until 32000 possibly even 30000 should it allow me. We have so much potential with this trade. Congrats to anyone who followed.
I was stopped out brake even, waiting for news to hit before I start looking to re-enter. :)
Same thing on gold, playing out like I originally anticipated, as long a these fundamental catalysts align with my technical analysis we should see my targets get hit this week! I got my entry in as displayed here, if you'd like to follow my lead just be wary of the news use low risk and wait for another pull back prior to entry.
I am liking what I see here on the daily chart, we had the rejection I was looking for on my POI I marked out yesterday market open, I believe price will range here all day, possibly sweep the daily high then at around 2am aest Wednesday morning when Powell speaks we will finally get the drop I've been anticipating.. But for now I am still waiting.
Price is now approaching the original POI I sent out earlier today, my eyes are peeled ready to execute as soon as I see a valid reason too!
I got in with a limit order, 3 pip drawdown, floating about 1.7R with my stop loss put to brake even and take profit at $1861. FYI: My brokers value slightly differs from this broker I'm using on trading view hence it doesn't display the same. Beautiful..
will attempt this play here as my first attempt in going long, should it work out or not work out my main bias sent out this morning is still my main focus.
Update: Should price brake 1856.31 I could score a quick scalp into the closest resistance before then waiting for my original analysis to play out.. :)
Hey again, I also see a highly probable set up that may occur here on gold this week, after Fridays daily engulfment I do see price moving higher into some recent highs for some liquidity.. Within my first POI (1849-1840) we have a few confluences to support this bias and set up, first we have Fridays bullish engulfment, then week 7's high aligned with general...
Hey everyone, My outlook on us30 this week is fairly simple, from a technical standpoint I see a clear confluence favouring my bearish bias with a dynamic resistance aligning its self with general support and resistant (33500 - 33600) which also aligns with one of the recent weekly lows and a order block.. That's four big confluences conveying POTENTIAL highly...