50 closed rest at BE

4 + 1 (Metals) strategy

There is that drop lower.... Buy limit 1475.46 sl 1560 TP Open.

4 + 1 (Metals) strategy

Seems like there is some bearish divergence on the horizon looking at the RSI and stochs, one should just wait for it to playout now......

4 + 1 (Metals) strategy

True....but we have had two tags of the upper band of the H1 buy zone today....and they have both resulted in upward trajectory of price. unless the H1 is forming a Head and shoulders pattern then it’s only a matter of time before it breaks higher ...

4 + 1 (Metals) strategy

Agreed, thats why im of the outlook that there may be more buy dip scenarios with price dipping lower inside the D1 zone and possibly weekly buy zone which is also now above the 1515 mark(Upper band)...but the weekly buy zone only comes into play ...

4 + 1 (Metals) strategy

30 January 2020 Following in line of the supportive nature the H1 200 MA has shown us, yesterdays price action found support at that very same handle and the result has seen price track back higher and above the m15 200 and also pull the H1 back ...

4 + 1 (Metals) strategy

Will look to load more on the dip, still of the view we move towards 1574/5 again and then continue....

4 + 1 (Metals) strategy

Update:Limiting bullish continuance to the 1578ish handle and then followed by yet another dip were will be looking to load long on retest of the m15 200... We need to be patient with it now....

4 + 1 (Metals) strategy

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4 + 1 (Metals) strategy

Update: hope you managed to see the m15 inverse HnS pattern.... have recycled the m15 200 short level one last time, interested to see if we get back below it, but the target now for this inverse HnS sits at 1579/80..... stay green

4 + 1 (Metals) strategy

Agreed Farukh....But will also sell the 1571.9 handle with stops above at 1576...... Just in line with the H1 sell zone and the m15 200 handle.... Green Pips

4 + 1 (Metals) strategy

Update: Partial profits taken off of H1 200 buy dip. stops at entry

4 + 1 (Metals) strategy

29 January 2020 Bit of a corrective pullback towards some key weekly levels and also the D1 buy zone(NB to note that since we havent reached it yet, there may be further weakness till we get into that zone, At the moment the lower daily close means ...

4 + 1 (Metals) strategy

Morning TD You were correct above the revisit to that weekly pivot, i am under water with some buy orders at the moment, most recent one taken off of the H1 200 level. However keeping in mind the FED event later on in the US session, the outlook ...

4 + 1 (Metals) strategy

That’s key.....H4 bulls are hiding clearly..... marginally missed the 1565 handle(H1 200 handle) That H1 RSI bearish divergence bottoming out. May see some supportive price action now....

4 + 1 (Metals) strategy

Remember to take some partial profits and trail as and when this moves into profit....

4 + 1 (Metals) strategy

Update: London hour was bullish. will be looking for buy dip around the 1576 level and the second one near 1564. Hard stop at 1558. the bearish divergence just busy playing out....

4 + 1 (Metals) strategy

Agreed, see you in a bit Bud. Come back refreshed with plenty of energy for these Pips

4 + 1 (Metals) strategy

28 January 2020 Daily close higher than the weekly open as such buyers still in control, price has ffered two buy dip setups off of the H1 buy zone yesterday and while momentum seems to be slowing down, this doesnt mean that the bulls have given up, ...

4 + 1 (Metals) strategy

Update: Price back inside the H1 buy ZOne, currently testing the lower band of the buy zone. Looking to open a long here and look to open one more near that m15 200 handle... Green Pips

4 + 1 (Metals) strategy