Whilst the cat is away (inflation)... the mouse can play
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What is the trade here?
We are outguessing the end of a pullback within a pullback ... there is another leg down within this 4th wave in the sequence, with heavy resistance coming into play at 1325 the downside is wide open.
We have a window of opportunity with inflation softening and risk fading via Mueller to complete a pullback as far as 1255/1260..Tracking very carefully the coming sessions in Gold.
Thanks for all the support with likes and comments etc.
We are outguessing the end of a pullback within a pullback ... there is another leg down within this 4th wave in the sequence, with heavy resistance coming into play at 1325 the downside is wide open.
We have a window of opportunity with inflation softening and risk fading via Mueller to complete a pullback as far as 1255/1260..Tracking very carefully the coming sessions in Gold.
Thanks for all the support with likes and comments etc.
Nota
Super moves here for the open.. well done shortsNota
An update on the H4 chart Nota
Entering waterfall mode hereNota
Superb moves here, well done all shorts!Nota
Sharks fully positioned for NFP .. eyes on 1260Nota
Clearing first targets at 1275... well done shorts!Nota
Some mild profit taking being done here, not expecting a meaningful floor till 1260.Nota
Tracking the final crumbs here for 1260 this weekNota
After Fed we are needing to clear 1260 before European inflation tomorrow...Trade chiuso: obiettivo raggiunto
Close but no cigar... no point in holding it for any longer. Well done all still riding it!
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