candlelogictrader
@t_candlelogictrader
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candlelogictrader
candlelogictrader
you can see the green arrows i show you..every time sellers push market to this area big green candles show up.and you can see this big wick makes market to a new high.this is a good sign of reversel..so if today candle close at the level.the market will go up.
candlelogictrader
expect a green engulfing candle.and we have chance to challenge resistence area again.today is not over so better wait.if this candle is weak green.we can not expect any bullish coming..major trend is downtrend for now.but minor trend is up trend and we know where is the resistent area.
candlelogictrader
i cant enter the trade at the first place.so i enter the trade here.you can see minor trend is a down trend.gold is following the trend line and formed a double top..so i think it could go lower at least the next buyers area
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