I DO NOT HAVE LIMITS SET I AM STILL WAITING FOR CONFIRMATION. A very good setup is forming on eurusd for longs. Trend line liquidity has been taken. The market left relevant equal highs at the top. just waiting for confirmation and I'll also long EURUSD. You could target the zone above but I will take most if not all my profits at TP1 if I get in.
Gold dropped almost 300 pips yesterday with plenty of opportunities on the 15 min. Now getting ready for longs. It's still too early in my opinion price hasn't shown me a 4H choch to the up side but we could get that today. Once there's confirmation targeting 1808 would be high probability
4 Hour structure on Gold is still bullish there has been a choch. IMO there's a good chance we could short into the lower demand zone then look for longs however there is a possibility we could just go starlight up. Always look for confirmation, I don't trade aggressively
Although I am long term short on gold there is a possibility of going long. Always be flexible and never marry a set up. If we have a 15 min BOS then we can look for longs to take out the high. If we break below then I’ll be following my previous analysis. For now enjoy your weekend
The long analysis from yesterday was just to facilitate the daily pull back. Looking at the daily chart if we get a change of character here we could possibly short down to the daily low. However there is a bit of liquidity up above which might get taken out so do not enter without clear confirmation. OANDA:XAUUSD
We are currently Bullish on the 4H timeframe. The strong low is the 4H low. Looking for a BOS on the 15 min to confirm we are going long to break the 4H high.