Possible Heads & Shoulders Forming

ieri

When you see the inverse Heads n Shoulders forming, its hard to unsee it. I love this because it's lining up perfectly with the VAL of the intra day range and LVN ..This long trade is in line with my last week and current week forecast. We already hit TP1, TP2 is looking very likely after the pullback is done.

We are currently sitting at the POC, so expect some condolidation. Especially since we have ADP Non-Farm 2morow & Thurs. The news is the only thing that can throw a wrench into this setup.

Be sure to check out my last tradingview post and also checkout the weekly recap and weekly forecast videos i just posted on our youtube channel breaking down the in-depth analysis of this trade so you can understand my thought process on how it use Trend & Volume to execute this trade. Link is in my bio.

https://www.tradingview.com/chart/MGC1!/FhDetO1K-Long-Short-Entry-Forecast-For-Gold/

DEFINITIIONS
POC - Point of Control
VAL - Value Area Low
LVN - Low Volume Node

Study up on those.

CHEERS

7 ore fa

Trade attivo

If you had Buy orders waiting for this trade. Its GAME TIME !!..I had my buy limit waiting since market open yesterday, ADP news this morning drove price straight into the entry. I'av taken partial profits and moved stoploss to entry because we still have ISM news coming up in about an hour. Would consider re-entering depending on how the news goes. I'av got 2 contracts open risk free that will hopefully become runners until market close