Circular Trend-Waves

Quoting selym_co

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Good Morning World I just set my orders and pending trap orders at necessary levels. My personal opinion and expectation from the price is: We are gonna have some bulls for some time; then all those bulls shall be slaughtered by strong bears and we are gonna head down to the main balance (thick yellow line in the picture = it is the 45 degree line) But still there is nooooooo certainity in the market and we have to arrange our orders and we have to target "possibilities" Time will show everything {image} {file}

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Quoting selym_co

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Hi Traders, XAUUSD Since Bulls have been very active in this pair and since I have observed some kind of exhaustion in all timeframes including Monthly, Weekly and Daily Candles and even H4 Candles, this week I am gonna be giving priority to SELL orders instead of BUY orders. TIME will show everything... If Market does not open with a GAP, I am immediately gonna place my SELL order and will be targeting something like 170-180 Pips.. Best Regards {image}

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Quoting selym_co

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{quote} {image} MONTHLY = Still Bullish 10-14 Weekly Candle = Expected to be Bearish 10 August Daily Candle = Expected to be Bullish What a week it was! I lost so many opportunities because of not staying loyal to my own rules. And this problem dates back to really early stages of my trading experience :S. It seems that not-much changed. When i examine Weekly, Daily and H4 candles, I come to a conclusion that I shud prepare for SELL orders basicly in this week. But on Monday we might have a Bull Attack, which is (I expect) gonna carry...

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Quoting selym_co

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XAUUSD - it seems that Modified Schiff Pitchfork captured the price. And, as expected median line is attracting the price towards itself like a magnet. So on Monday, most probably we will see bulls attacking north just to touch / overcome the Median Line. In case, they intend to overcome said line, they must really do it fast and strong without giving the opportunity to bears to defend themselves. By the way, I just learned that Timothy Morge died in August 2020, which made me quite upset. I learned a lot from his videos and from his followers....

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Quoting selym_co

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XAUUSD - There is a noticable Inverse Head and Shoulders formation as it can be seen in the screenshot. Although it is not confirmed yet, H4 Bullish Engulfing Candle is worth taking the risk as if Inverse Head and Shoulders is confirmed. That is my personal opinion. So I am in. Time will show everything Best Regards {image}

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Quoting kapital

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It's good to see you posting here again Selym.

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Quoting selym_co

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Recently, I am mainly following XAUUSD and XAGUSD. For the last two days, both pairs have a bearish outlook. That is why I am concentrating on only SELL Orders. XAGUSD has somehow confirmed the Sell Signal: {image} On the other hand, we have the very same image in XAUUSD. But, it is not confirmed yet and I am waiting for the right moment. Actually, I thought it would bounce up and then come back like: {image} But, when we take into account what is going on in XAGUSD, we can predict that it shall not happen. So First I am expecting the price to break...

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Quoting selym_co

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{quote} XAUUSD - SELL signal is confirmed. I do not think we shall meet any BUYERs until we reach 1796 (Grey Coloured Box + Trendline) So for now, I have placed by Pending SELL order above and I expect the price to retrace back and activate it. Then I am gonna wait for the target. {image}

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Quoting selym_co

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{quote} Pending SELL Orders are activated. Now it is time to prepare plan B... {image}

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