MoneyFlowTrader

bearish ab=cd pattern on weekly w/ larger head and shoulders

Singkat
MoneyFlowTrader Telah dikemas kini   
FX:XAUUSD   Emas Semerta / Dolar A.S.
15
details on chart
Komen:
Komen:
also seeing possible Double Top on 4hr
Komen:
AD showing me a bear flag on Gold
Komen:
Bearish for $jnug if the AD breaches the .618% fib level
Komen:
Monitoring $GDXJ weekly chart. Will know Tuesday if it holds true to my bearish sentiment.
Komen:
$gdxj sold off a little into the close. The 1hr chart also confirming a bearish head and shoulders pattern
Komen:
AD on 4hr chart showing potential bear flag watch for a potential break of the .618 fib level
Komen:
I'm watching the 1hr Divergence on $xauusd chart. The AD needs to get over the .382% fib level to continue any type of bullish activity
Komen:
watch $gdxj 30min chart its path/direction will dictate where gold and $jnug go today
Komen:
watching for a 1hr Cup/Handle set up that could happen on $gdxj
Komen:
The potential for bearish 1hr cross still exist.
GDXJ either creates 1hr bull flag, dips to see if support holds to form cup/handle, goes below $36 to erase all bullishness
Komen:
$gdxj weekly chart I see a bearish AB=CD pattern unless there is a close above $38.32, not sure if a gap up is likely. But I'm nimble in my trades
Komen:
4hr chart of $gdxj *** reference point *** for 3/23/17 although $GDXJ dip tonight, will need to confirm one of the 3 options I mentioned before close. Two possible bullish continuation patterns forming (c/h or bull flag) other scenario is a complete breakdown below $36.. Brexit is next week. I'm not ruling out the bearish AB=CD pattern on $GDXJ which is possible
Komen:
***last reference point*** here is where it gets tricky trading gold/$gdxj will be watching both over the next 24hrs. I'm a buyer of $gdxj if it closes above $38.32 or gaps up at that level. will see see if gold can hold $1237, it may test 30min support level also..
Komen:
1hr bear flag on $gdxj
Komen:
Can't rule out the cup/handle possibility as long as the share price of $gdxj stays hoovering above the Pivot Point on the 1hr
Dagangan ditutup secara manual:
closed short position added $jnug as hedge

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