


andrevella
LOOKING FOR GOLD TO HIT 1790 TO MAKE ARE ENTRY ! JUST KEEP STOP LOSS CLOSE AS IT COULD STILL GO UP ON THE RISE !
new breakout to occur on use/cad written down the target for myself ! also some confluence by other traders I follow ! its nice to see the progression of work that others agree with me ! lets see what happens
possibly a reversal pattern could happen to go long ! hitting strong support lines
looking at a reversal pattern coming up retesting of a phycological line tweezer top pattern slight shooting star pattern and break out looking to take place stop loss and target are on the screen
personal opinion is JPY will go long to hit targets 1 - 2 - 3
when retested at 1.29300 I would play close attention to what it is doing I.E using the price range as a support or as a resistance my money will be on resistance but I wouldn't enter this trade without a stop loss probably again 20/30 pips on the opposite ! but if it uses it as a support level I would look to go long not short AGAIN PEOPLE MY MONEY IS ON IT...
I Have been analysing this and it seemed to not break the zone to go to a short but it did hit the target we was looking for, but you can see CLEARLY it is respecting the target zone where I would look to buy and go long ! should it go short have a stop loss of around 30pips and get out as could drop to a all time low like you saw back in 2008 ! you never know...
WATCH FOR PRICE MOVEMENT, MOVING INTO THE DIRECTION ALLOCATED ON MY CHART ! IF TO ENTER I WOULD WATCH AND WAIT PATIENTLY TO SEE WHERE THE CHART WILL MOVE TO ! MY ENTRY WILL BE AT THE PRICE RANGE I SAID ON SCREEN TO GO BEARISH OR BULLISH BUT MY BET IS BULLISH ! :) IF BULLISH WE COULD POSSIBLY SEE A HUGE REWARD PUSHING UP AND RETRACING TO THE NEXT LEVEL OF...
this is a quick look at reaching targets, I actually entered the trade from the start of the push and thought I would post to show my positioning !