AN offers a really good long setup. The confluences are:
1.ascending channel
2.break and retest of S/R zone
3.daily AND weekly 50EMA laying on this level
4.61.8% fibs
So we just need to see rejection candles at POI for entries.
The only thing I don't like is the bearish momentum. The last daily candle is Marubozu candle, a very dominant candle sooo I'll be looking for STRONG 4H rejection candles or daily candle before jumping in longs!
It could easily penetrate the zone, so be careful with entries.
1.ascending channel
2.break and retest of S/R zone
3.daily AND weekly 50EMA laying on this level
4.61.8% fibs
So we just need to see rejection candles at POI for entries.
The only thing I don't like is the bearish momentum. The last daily candle is Marubozu candle, a very dominant candle sooo I'll be looking for STRONG 4H rejection candles or daily candle before jumping in longs!
It could easily penetrate the zone, so be careful with entries.
交易开始:
Oooh boy, what a volatile night... I entered long on AU, because it did what I've wanted and said in previous comment. I feel good for this trade, so in next 1-3 days we will see the outcome of it
交易开始:
Although AU broke thought all 50EMAs, all nearby zones of S/R, made continuous HHs and HLs, its actually not looking so good for a bullish scenario :D ... DXY might reverse, so every cross with USD will follow too.
Placed my SL at BE
Placed my SL at BE
As for now, there is no sign for rejection :(