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pipfarm replied Jul 17, 2023Possible short here on EURCAD Fake move up before the drop to the fvg image
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pipfarm replied Jul 17, 2023Lets see what happens my money is on the short as i described it in my last post Good luck
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pipfarm replied Jul 17, 2023I would short on a break of 3062 for the C of the correction down to 3000
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pipfarm replied Jul 17, 2023Have been watching this one myself for a long That looks like a good trade , from H4 the downside action looks like a B wave abc so should go up for C to fill the upper FVG on D1 could be a 150 pips in that trade
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pipfarm replied Jul 17, 2023C of the abc looks like it has completed 5 so possible down we come soon to fill the lower FVG around 3000 , that will probably be the adr for today
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pipfarm replied Jul 17, 2023C of the abc looks like it has completed 5 so possible down we come soon to fill the lower FVG around 3000
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pipfarm replied Jul 17, 2023Not trading that but looks like your on the right path 4H correction ABC , A looks complete B which is an (abc) itself in progress on 1 HOUR TF with a H,LL then could be a HH but watch out cause it might reverse sharply to complete the 4h correction ...
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pipfarm replied Jul 14, 2023Still no guarantees they will go down , trying to trade a correction is like trying to navigate spaghetti junction
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pipfarm replied Jul 14, 2023Not closed inside H4 at the moment, only opened but that is enough to put me off any more longs
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pipfarm replied Jul 14, 2023H4 eur and gu are moving into d1 swing with gold having close inside D1 a while back D1 still above W1 so these H4 swings would still be classed as corrective , not something i am interested in at this level.
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pipfarm replied Jul 14, 2023OK ,looks like my three set ups on GU,EU and gold are invalidated, anyway that is the process i use and im not interested in trying to trade corrections, so good luck to the shorts
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pipfarm replied Jul 14, 2023Possibly but i think for now they want to clear the monthly FVG @1.4 before clearing the numerous gaps left below current price.
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pipfarm replied Jul 14, 2023EU looking good for longs H1 ABC exp flat image Internal structure of H1 First leg up breaks the top then comes back abc so another break of the top line should send it into a trend image
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pipfarm replied Jul 14, 2023This gold looks to be turning into a triangle so that is looking good for the GU long The correction to the left was a b/o failure The current 4h correction is failing to make a lower low and is ranging into a triangle image GU remains on the ...
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pipfarm replied Jul 14, 2023Going to set the bar high today, if this wants to continue up today , it will need to break 3148 for me to take an entry. Looking at gold it now looks like some kind of complex correction, H1 has now moved into H4 and maybe setting up for the last ...
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pipfarm replied Jul 14, 2023Gu H1 We have what currently looks a like minor correction as of now with the lower FVG filled, the questions which is on everyone"s mind, is this a correction before another up move or will the correction expand down. Personally i going to wait and ...
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pipfarm replied Jul 13, 2023If Gold breaks out to the upside then GU shorts are even more doomed, above 1963/64 is the level
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