tarati.lorenzo

tarati.lorenzo Updated 

Gold - Short Term Sell Opportunity. 06 Oct 2023 is the start of the Bullish impulse wave until now. My view is that gold is behaving correctively since 28 Oct 2023 which we can take advantage of. As long as Price stays above 1810.465 I will remain bullish.

tarati.lorenzo

Alright Traders, here is something to think about: Forecast -> Down Move Technical: The belief is that it is forming a daily flag atm which can be a confirmation of the flat (yellow abc). The formation of an head and shoulder could be in play too. Fundamental: In this coming week AUD and CAD news can be a catalyst for the move down (investing.com) ...

tarati.lorenzo

/*Trade it at your own risk*/ Price Action: Looking at the big picture here, we can say that we had a bear momentum starting from 19 Mar 2020 to 07 Jan 2021. Price has been correcting upward from the 07 Jan 2021 allowing buyers to buy and get confident in their bias. Around October 2021 price has violated the HL of the 03 Sep 2021 and the HL of the 06 Jul...

tarati.lorenzo

/*Take it at your own risk*/ Price Action: Price has been extremely bullish from the 19 March 2020 to the 10 May 2021. We can see almost a year of bullish momentum. From the 10 May 2021 price seems to be correcting and allowing sellers to sell. If we are correct with the bullish momentum then we will be looking at buying when sellers are confident in there...

tarati.lorenzo Updated 

/*Welcome to the Trader's House*/ MTPA: On the Daily time frame we have a downtrend starting from 25 Feb 21. The downward momentum however is fading. We might be in for a short or long reversal. Price Action on the 1hour: Since the belief is that the Daily is losing the downward momentum we then have a bullish bias on today's trade. Bias Checklist for entry...

tarati.lorenzo

Trade Idea with LT DIRECTION: SHORT Trap/Stop Hunt/Correction: trapping buyers on the bigger Time Frame COT/News: Closing Longs and adding shorts Entry: up to you Price Action: On the bigger time frame we can see a trend line buyers trap forming. Be Patient and Risk Well Lorenzo J Tarati

tarati.lorenzo

Trade Idea with LT DIRECTION: Sell Trap/Stop Hunt/Correction: Be Careful. We are at support. We can have scenario 1 or 2 to trap buyers. COT/News: Institutions have added more shorts than longs Entry: up to you Price Action: Depending on what the price is about to do now, it will tell us if scenario 1 will take place or else. Be Patient and Risk...

tarati.lorenzo Updated 

Trade Idea with LT DIRECTION: Bullish Trap/Stop Hunt/Correction: We are wanting for wave y to complete and induce buyers for a bigger sell later. but at the moment we are trapping sellers COT/News: In coming this week Entry: up to you Price Action: It looks like we can make a regular flat wxy price has bounce from the start of wave x which tells me...

tarati.lorenzo

Trade Idea with LT DIRECTION: Bearish Trap/Stop Hunt/Correction: Looking to complete wave x then looking to trade wave y COT/News: Entry: up to you Price Action: Price has been very corrective which means that more buy is in coming but we need more sellers to be trapped. Be Patient and Risk Well Lorenzo J Tarati

tarati.lorenzo

Trade Idea with LT DIRECTION: BEARISH Trap/Stop Hunt/Correction: Buy Trap completed COT/News: in coming this week Entry: up to you Price Action: Price is ready to make the move down. We are looking to buy on a longer term but we need sellers in order to buy. Be Patient and Risk Well Lorenzo J Tarati

tarati.lorenzo

Trade idea with LT DIRECTION: Bullish Trap/Stop Hunt/Correction: Sells Trap completed COT/News: In coming Entry: up to you Price Action: It looks like price is slowing down on its bear momentum and approaching a support. The trend still looks bearish but my bigger picture direction is long. We can see price going down first to induce more sellers and...

tarati.lorenzo

Trade Idea with LT DIRECTION: Bullish Trap/Stop Hunt/Correction: Sells Trap COT/News: a few news this week that can affect the price. we will be waiting on the COT data to come out this Tuesday(27). Entry: up to you Price Action: Price is at the bottom of the trend line in which we are looking to trade long because our bias is bullish. At the moment...

tarati.lorenzo

Trade Idea with LT Price Action: Price has been bearishly strong from 08/03 to 23/03. We are looking to ride another bearish move like it. In order for a sell to happen we need buyers. The Price from 23/03 to 29/04 has been welcoming buyers in the market. The 30/04 daily candle may be a sign of the sell. Technical Analysis: We are looking at a corrective...

tarati.lorenzo

"Trade Idea with LT Price Action : From 5/02 to 01/04 price has been selling correctively probably to induce sellers then from the 01/04/21 to today, price seems to want to continue its uptrend. From here we could complete wave c or go lower and break the low of 01/04/21. Technical Analysis: Price is at an obvious resistance where we can trap sellers or...

tarati.lorenzo

"Trade Idea with LT" Price Action: From 24/02/21 to 12/04/01 price has been moving correctively. From 12/04/21 to 19/04/21 price has been bullishly strong. Technical: Price broke the yellow trend line and made an impulsive wave up from 12/04/21 to 19/04/21. Potential inverse head and shoulder forming for a buy set up. Waiting on a ABC corrective move to...

tarati.lorenzo

Trading Idea with LT Price Action: Price has been looking very corrective from date 06/01 to date 09/03 after making a higher high from the impulse of the date 04/11/20. To resume the buy, I do believe that we have induced a bunch of sellers in the market in order for us to buy. Technical: the 15/03 to 20/036 candle is an inside bar which mean that the price...

tarati.lorenzo

Trading Idea with LT Price Action: We are with a monthly impulse. Weekly and daily time frame made a lower low and lower high which can indicate a start of a downtrend or a corrective structure is in place. Fundamental: Technical: Price is consolidating at weekly resistance zone. It can give a sell set up either at the weekly resistance or daily...

tarati.lorenzo Updated 

Trading Plan with LT Price Action: Last week candle closed bullish which mean that we might see a move up. I would like to see a good correction though before the price reach next level of resistance. Fundamental: Technical: Price is at a psychology level that needs to be confirmed if it is a resistance or support. Manage it well PS:Like, Follow and...