potential move to the downside ....consilidation at daily resistance ,,SNIPER ENTRY
entered in on a position (long) h4 break and retest with 4th touch of support with wick rejections
potential moves im anticipating that price may make
My bias on Gold is that it well potentially sell long term until 1833 or even below that even ...at a double Trendline also formed a flag pattern a double top as well, h1 engulfing ...looking good guys Also daily break and retest
price may continue down to the daily support for a potential short
could see a continuation to the upside or price can continue to drop to support level
still waiting on price to set up for a potential long
we can potentially have a scalp buy before a swing sell to the downside.......LETS SEE!!!!
just a possibility of what can potentially happen a consolidation before a drop to the daily support or it can directly just drop
just an idea of what could happen.... price could potentially be retesting the support level once more below before shooting up or can break support level fully and keep continue heading in a downtrend
price is heading down to the support level in the form a flag formation ,,,,if price forms a slanting w ( hh hl) on lower time frame possible huge wick rejection for a sniper entry ....... and riding long to daily resistance level
price has been consolidating in a daily channel and is now on its 3rd leg forming lower lows and lower highs so can look for a potential short if there is bearish signal indication at the 3 levels i have drawn
price is in on a daily downtrend respected trendline, divergence and showing bearish momentum
price is at its daily support looking for potential reversal if price fails to break support W formation on h1 time frame
price has reached its daily resistance and is failing to break above i am anticipating that price will fall down to daily support for a potential short