Good day guys, as promised, I am delivering my first update of the week for this setup. The next update, should be our entry into the market. I want to see a possible last push to induce buyers into the market, following by a star pattern formation and an aggressive sell off. That is what I am looking for to get you all into this phenomenal setup. This could be a 1500+ pip move to the downside. I am currently in the trade, and my trade is taking a little heat right now, but that is ok. The toughest thing to do is to pick tops and bottoms. That is a losers game. Again, last week there has been a lot of bullish headlines in regards to gold. Usually, when I see this happen, it stirs up FOMO (Fear-of-Mission Out) emotions in retail traders. Then, the market delivers a massive blow to drain retail traders accounts. I am a long term trader, so I look to hold a position for days for maximum profits. Be sure to leave a comment below if you have any questions. We do appreciate you for checking out our post and remember, we will see you on the other side.
Rodrick (CEO)
Third Eye Traders
Rodrick (CEO)
Third Eye Traders
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.