Could be time for a retrace
Good luck traders
Good luck traders
코멘트:
Still under the channel, about 1690 is resistance. So, we go long if it does break up into the next channel.
코멘트:
This would be good for a triple bottom but it kinda looks like it will go down further
코멘트:
코멘트:
Okay, bulls are trying to save this hourly candle now, they need to hold this channel.
코멘트:
GJ gold bugs
코멘트:
Alright, the 15m closed in this channel, though these fibs are just averages and I usually want to see a clear breakout rather than this. Still, another point for the bulls here on the lower time frames.
액티브 트레이드
코멘트:
This level is critical, if the hourly closes under the MA ill close this. I was betting on the double support holding, but lets just wait for the close before doing anything we’ll regret later.
This level is critical, if the hourly closes under the MA ill close this. I was betting on the double support holding, but lets just wait for the close before doing anything we’ll regret later.
코멘트:
Asian markets bearish on everything it seems, luckily bitcoin performing well
코멘트:
I'm sure bulls will step in at some point throughout London or new York, but there's no point in catching a falling knife on a Friday unless the hourly pops up
코멘트:
When you're looking for intraday swings like this just know when to cop to the daily chart. Tbh though this is pretty mild price action for the time being
코멘트:
Well then, good morning New York City!
코멘트:
Looks like we may get our little breakout on the 15 after all, would be nice if gold would run off of the China rumors (trade war part 2)
코멘트:
Well at the very least, the trade is in profit now. I will give it one more chance after 11am EST and then cut it if we don’t get the move
코멘트:
Not bad, ended up closing with a fair bit of profit.
If it wasn’t the last day of trading for the week, I’d probably consider a short here
If it wasn’t the last day of trading for the week, I’d probably consider a short here
코멘트:
In closing, I never really lost faith in this trade. I do apologize for the less than optimal entry, it was late and I should have been more patient.
Alls well that ends well :)
Alls well that ends well :)