Gold Approach 0.382 and important Resistance
Gold Approach 0.382 and important Resistance
AB=CD complete at 1235
0.382 retracement at 1238.41
Previous Structure aslo at same level.
Therefore we can short gold at this level
If price action is bearish.
Look for Pin bar , inside bar break down and Engulfing
Candles
TP1: 1208
TP2: 1195
AB=CD complete at 1235
0.382 retracement at 1238.41
Previous Structure aslo at same level.
Therefore we can short gold at this level
If price action is bearish.
Look for Pin bar , inside bar break down and Engulfing
Candles
TP1: 1208
TP2: 1195
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Repeat: Don't enter any short now. Just Observe First.
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Wait for this 4h candle close to confirm a bearish engulfing
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If this candle can't break new high, we can go short
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Nice!
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Now is 1214, nice 200 pips profit!
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Now we can short Gold one more time based on this Inside Bar
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Gold Failed to break 0.618
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Our short from 1328 made money again
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The Inside Bar has reached 1:1 RR ratio, we can close half profit of this position
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Nice Fall! Now is 1212!
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1207, +300 pips
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This is a very good example of structure + AB=CD + Fib
We don't need to guess the market, but we simpley trade them!
Big win or small loss comes as the result
We don't need to guess the market, but we simpley trade them!
Big win or small loss comes as the result
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1203 nice fall
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Get ready to sell the 0.618 pull back again
Ordem cancelada:
GOOD NEWS, its' getting the 0.618 level
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OK, 0.618 touched.
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BRAVO! Nice fall from 1227.97
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Daily Inside Bar break down and potential AB=CD
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Live Webinar for this week : 2018.11.27 zoom.us/j/9964461854
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WOW! Nice profit again:
wait for price action first.