I have a cool mate in my ForkTrading Group. He is trying things out, ask questions, sends me charts and throws comments in the blog section.
Hi has quiet a good eye.
And he's willing to learn.
Today I got a chart about Gold from him. I gave him feedback, attached with this two charts.
This one is a middle view of both.
First I always want some context. Especially if I go down below Daily timeframes.
And then I look for details.
Like the Sine-Wave, Intention, S&R etc.
Here's my thinking about a trade in GC 1H:
If anything, I would wait for a pullback in this hourly timeframe to go short.
What do you think?
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P!
Emilio