Gold is in an uptrend. The price is now in an uptrend chanel so its best to buy today. The level of interested is 1928-1930 My Stop loss will be 1919 Take Profit at 1955 R:R 1:3 The risk is low as the order is follow the trend. Anyway its Friday so anything can happen. That is why we have a SL . This is one of my trading journey. Ill keep as a record but...
The Price reach demand area. in H1 shown PA Bullish Engulfing. Plan to buy R:R 1:3 Risk : High, aggressive This is my own analysis. I am making this trade for my trade journey.
The price now reach demand zone but this zone has been touch few times already. Also I have not see any strength of buying yet so I set Sell limit at The DBD zone. This might take sometimes to reach.
The price is now approching Significant demand that use to make a higher high before. My RR is 1:1.5 as it is a drop phase.
From the previous idea, BTC is in an up trend. It came down to Significant demand and can engulf the M30 Supply. This one is a follow buy from a new demand in H1. The SL and TP are set inplace with 1:1.5 R:R My plan is waiting for a pullback and then Long
BTC is in a demand zone its back again but doesnt make a new low. Its a risk as the price in a drop Phase. RR 1:1.5
The price might test demand again and see whether makes a new HH
Clearly BTC is in the Uptrend so my plan is looking for a place to buy. What I saw was there is a significant rally base from the daily timeframe at price 59500 so I am going to buy there and hoping it woud get a higher high. In a smaller timeframe, there are few supply that has been created. As daytrade, I am looking to Long at 59500 level. For interesting...
Bias Sell TF H1 shows that the price reject the Support level a couple of time. Also follow the trend.
A great oppotunity to buy from here as you can see there is a small gap of SL. TP in your consideration. Also feel free to share your thoughts and ideas .