LONG TERM BULLISH CHANNEL
This will make higher lows so a retest of $1235 is possible. it will take a week to get to $1280-1285. so u will get opportunities to long.
Gold is moving in line with this channel!
next top is $1280-1285 (End of next week)
and then $1300-1305 (Early May)
This will make higher lows so a retest of $1235 is possible. it will take a week to get to $1280-1285. so u will get opportunities to long.
Gold is moving in line with this channel!
next top is $1280-1285 (End of next week)
and then $1300-1305 (Early May)
Commento:
Each bar is 4hrs
Commento:
Time to go to 1280 will definitely be quicker than 41 bars becos more traders now notice the new trend channel so im expecting it can be as soon as a few days. but next wedn-thurs seems likely. this is only a forcast.
Commento:
bought at $1230. my SL is $1226.90 if anyone wanna take it lol
Commento:
TP is $1275-1285, or whenever i see a bearish divergence
Commento:
i will re enter when we find support
Commento:
channel this valid as long as this candle closes within the channel
Commento:
long at 1227.
Commento:
my new SL is around 1222
Commento:
tpis $1238. becos i expect a higher low after 1238,
Commento:
Changed TP to 1235
Commento:
I decided to hold my long, only 0.5 lot. dxy 4h rsi is back down under 70 at the time of writing
Commento:
TP1 1243
TP2 1270-1280
TP2 1270-1280
Commento:
I have 1.0 lot long, i might hold until at least 1270, then i will look for a bearish divergence and take profit. i might add 1 lot more at a higher low. looking for a inverse H&S
Commento:
holding 3 lots long until 1270+
Commento:
ii tp 50% at $1270 and the rest got trailing sl tp hit at 1265 :)
Commento:
got the right wave count but wrong tops, i adjusted my tops ;) triple bullish zig zag