Gold is Bullish, in this trend we stay in a buying position. I will look to enter here at this demand zone taking smaller 15m trade entries following my trading plan. If you need help with looking for a trading plan please follow me and message me.
Weekly bullish Trend Liquidity line.
Daily Demand followed with bullish buyers momentum holding this trade up.
4H is showing us a consolidation wedge pattern expressing to me we can see a breakout and retest without a possible retest, we can also see a suggested ABC pattern formed with Elliot's wave.
For confluence I have a MAC-d showing potential crossings showing buyers stepping in!
Invalidation level and Target level suggested in the chart
Good luck and follow for more!
Weekly bullish Trend Liquidity line.
Daily Demand followed with bullish buyers momentum holding this trade up.
4H is showing us a consolidation wedge pattern expressing to me we can see a breakout and retest without a possible retest, we can also see a suggested ABC pattern formed with Elliot's wave.
For confluence I have a MAC-d showing potential crossings showing buyers stepping in!
Invalidation level and Target level suggested in the chart
Good luck and follow for more!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.