Darkangels pips hunter

i'm in short DA, with positive sl

Oil retraced back but thats only to add short for now

thanks DA,

GU continue fall down as we have a bearish divergence on 4hr

NzdUsd , we talked about this yesterday

That was yesterday

OIL:
Price didnt close above 61 fib level 72,70, and did create 73,20 high, now what we have here:

Oil could create bearish divergence daily but only if:
1. Price does not close above 73,20 on daily basis.
2. Price should target D3 / 70,83 to activate.
3. Target 69,75 , 68,90 then 66,20

How to play it:
1. Start selling with small size and continue to sell the rallies
2. Wait until getting a clear confirmation, meaning price reaching 70,83 to activate and wait for a retracement then start selling using 73,20 as SL.
3. Using a small timeframe to find out if price starts creating LL, LH, then use it as an ignition for the bigger trend.


Oil could create 123 bearish but only if:
1. Price does not close above 73,20 on daily basis, as 73,20 represents point 3.
2. Price should target resistance area 70,10 (price should find support there and retrace back)
3. Target 70,10 and if the price manages to break 68,13 and last target 60.

How to play it:
1. Start selling with small size and continue to sell the rallies, using 73,20 as reference.
2. Wait until price getting into resistance 70,10 and retrace, then start selling using above 73,20 as SL.
3. Using a small timeframe to find out if price starts creating LL, LH, then use it as an ignition for the bigger trend.

Gold

Gold for scalping

Got one entry at 1746 too just now..

nice entry

Lets hope that 1750 hold , Gold bulls now have a huge problem, be carful as this is too risky

We need Oil to reach 70,83 in order to activate the bearish divergence, if not then this is only a simple retracement

I wrote yesterday that I am starting selling Oil and explained why, as you can see you have to be convinced then next you feel comfortable taking the risk.

It doesn't help what others say, in the end, it's their own version, not yours.

Oil in a bullish divergence could target 72,80

Carful as oil in a bullish divergence

thanks DA, i will be tp

DXY reaching resistance , Dollar may lose steam meaning Gold may start moving north short term

You can sell it later, If the divergence worked out

The bullish divergence could fail and create ww, targeting 71,20