COMEX:GC1! TVC:GOLD first green week achieved, (see previous idea on gold) now , we have a 3 days of breakout traders in the market, a very strong selling opportunity, i think alot of people like 3 bar reversals, im not the only one, but i would be patient, see if they trigger buy stops further, i could totally see them continuing to drag shorts higher and...
Gold closed as a first green week. that means i would be looking for the buy low opporunity, it should be a trending week, front side move back side move, or it could be one buildup for later in the week on a thurs/friday. Major red news across the board, so make sure you save your bullets, if the 1st hour is too fast look for a 3rd hour trade after the news...
Oil ended april as a first red month, in which case may id be looking for sell high, they kept price suppressed and didnt attempt to make any significant higher highs this month, since there was no real place, except the start of may, to sell high, (and fundamentals somewhat driving my thesis) i would expect them to keep trapping volume down low for the frontside...
see my charts for my predictions, i would really like to see a first red month template, that would align perfectly with my thesis, this is a daily chart be mindful of that, but yea, i like to see my intraday templates play out on higher time frames the market is fractal so. my daily and weekly templates can also be used on a monthly (im sure you can see my...
theres two ways id look at bitcoin, either id be waiting for a buy on 3rd leg down, or seeing it it breaks for 75 first. i would really like to see the 3rd push down and an explosive move to 75k. lower low made on tuesday, higher high made today, chances of going parabolic later in the week thurs/fri have increased drastically! tomorrow is day 3 ill be...
honestly copper looks great, big week of MRN up ahead, from a HTF POV looks like theyre starting to put pressure on monthly breakout traders. were currently in level 2 ofcurrent year's expansion. lets see how the week setups up. if i were you, id save your bullets for friday. from my experience, the days leading up to NFP are greedy days for insitutional money, if...
(i am neutral taking advantages of news/news year open and what i see on weekly setup and eventually looking for swing long) here is an idea of how i believe EURUSD will go this week, factoring more probabilty of parabolic price movements leading into the new year, (the dollar is going below 100 lets face it) i think this is a pretty good idea of how its going...