well done brothers , I was able to catch some profit but got into a. uy around 1730 area prematurely, am thinking I should close it, 1727 does look like good retracement for bears to continue to 1714.50
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DislikedI agree with you bite, 1717 was found. used as great support, as quanta said this was the retest of the breakout on 4hr, am expecting bulls to continue now up to 1735 1st tgt, 1747 extending to possibly 1762. am already in buys, got in way too early, but they stand around those same entries as above. await market judgement if bears break 1723, I see 1714.75 as immediate support, ext. to 1710 {image}Ignored
Disliked{quote} Me too, my limit orders were not filled. But, no problems we will have our day. More so, our money is still intact.Ignored
DislikedGreat analysis there guys! I am watching price action around 1737.99/1741.11. I see two scenarios: 1. If price confirms it as a resistance, then down to 1730.27 again as a first support line. Then watching PA again. If 1730.27 becomes resistance, down to 1721.51 2. If price breaks it upwards and confirm 1737.99/1741.11 as a support, then up to 1750.68 as a first resistance line. Again retest of 1741.11 or 1746.94 and up to 1758.63 {image}Ignored
DislikedGreat analysis there guys! I am watching price action around 1737.99/1741.11. I see two scenarios: 1. If price confirms it as a resistance, then down to 1730.27 again as a first support line. Then watching PA again. If 1730.27 becomes resistance, down to 1721.51 2. If price breaks it upwards and confirm 1737.99/1741.11 as a support, then up to 1750.68 as a first resistance line. Again retest of 1741.11 or 1746.94 and up to 1758.63 {image}Ignored
Disliked{quote} I always look an empty chart and compare it with Fibo lines. And those lines are so precise with Gold and other 28 symbols and so helpful. I am working with Prozor7 who developed it. I feel the need to emphasize that this (developing Fibo lines) is his work.Ignored
DislikedI agree with you bite, 1717 was found. used as great support, as quanta said this was the retest of the breakout on 4hr, am expecting bulls to continue now up to 1735 1st tgt, 1747 extending to possibly 1762. am already in buys, got in way too early, but they stand around those same entries as above. await market judgement if bears break 1723, I see 1714.75 as immediate support, ext. to 1710 {image}Ignored
DislikedAt 1735.77 bulls were rejected, I expect a retest then a thrust so I sell there with stop loss at 1741.55. Trade will be invalid at that point. I Stay Alive. Small lot size though... {image}Ignored
Disliked{quote} Bulls challenged bears at 1730...am still in, lets see the final directional bias. Today is Friday o.Ignored
Disliked{quote} My little cent protective stop profit was taken... Looks like are turning the table.Ignored