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Friday "NFP" Sell Signal Alert!
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The market has been following the trendline for the past 2-3 days. A daily price close with a Doji candle suggests indecision, while our daily bias remains bullish. However, today is Friday, and we have the NFP news event.
We anticipate the market to move up by 120-130 pips, following the trendline, toward my identified resistance zone. Wait for gold to reach this resistance area before taking any action.
For a bearish scenario, the target range is around 310+ pips. The market may first create a large wick during the news event before experiencing a significant drop.
i'll keep this idea updated.
We anticipate the market to move up by 120-130 pips, following the trendline, toward my identified resistance zone. Wait for gold to reach this resistance area before taking any action.
For a bearish scenario, the target range is around 310+ pips. The market may first create a large wick during the news event before experiencing a significant drop.
i'll keep this idea updated.
Giao dịch đang hoạt động
took this buy trade before entering to sell
Ghi chú
As predicted, the buying is almost done, running 100+ pips.
Wait for the big bearish move.
Giao dịch được đóng thủ công
Market moved upside after giving us 2 Tps almost 200+ pips in selling.
buying = 110 pips
selling = 200 pips
total = 310 pips
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