retest on the neckline and enter for a buy im guessing...
I recently decided not to waste my time explaining why i took a trade, because we never know what the outcome of a trade will be every trade i take from now on i expect a random outcome...i will be sharing the trades i take tho, and just hope for the best
This my short idea for the upcoming week... let me know what are your thoughts
Shorted this lear Market structure on the XAU/USD pair dont you just love it?short
Market has formed a double top on the hourly timeframe, but there are low possibilities that the market will break back into the previous consolidation period, it has higher chances that the market will fall for the retest making a higher high and continuing to the upside. these are possibilities nothing is concrete feel free to message me on private
Sorry about my previous post on eur/usd... i hadnt considered that the market is on descending channel and has reached the channels high, so that gives us more evidence that the market is more probable to move to the down side, we have much more confluence that the market is moving to the down side than we have to the upside, besides the market is below the 200MA...
Market formed a pretty decent double bottom could it hold and break to the upside? Thoughts?
XAU/USD Market has given us two possibilities for next week, the first possibility is that the market has made a double top but hasnt broken its neckline... so for first possibility we can wait for market to brake the double top (M) and test the neckline then we can enter for a sell using our risk management. for the second possibility maket closed the week on a...
EUR/USD had been consolidating for quite a while until it broke its consolidation structure and now its retesting it with very little probability of price going up and high probability of price falling. Thoughts?
XAU/USD retesting the the falling wedge and has a high probability of price falling... So far price is below 200MA which signals us to focusing more on selling. Thoughts?