THE WRATH OF NATURE: WHEN THE MARKET IS THE BATTLEFIELD OF NATURAL DISASTERS!
The ground trembles, the sky roars. This is no place for the faint of heart. This is the era of cataclysms, where only wisdom and patience will ensure our survival. Let us observe and heed the warnings from these destructive forces!
GOLD (XAU/USD): THE DESCENT OF THE THUNDER LORD – RAGING THUNDER!
Gold is no longer a smoldering volcano, but a colossal thunderstorm gathering in the sky. Dark clouds (the sideways price action) are churning, and small lightning flashes (price fluctuations) flicker continuously, heralding a terrifying wrath about to be unleashed.
Is it possible to enter a trade?
=> NOT YET! No sane person stands in an open field when thunder is about to descend. A wise meteorologist has two options:
* Wait for the Master Bolt: Patiently wait for the earth-shattering lightning strike, which is when the price breaks out forcefully and decisively through the cloud top (~$3450). That is when the Thunder Lord's power is fully unleashed.
* Set up a Lightning Rod: Set a tactical trap by placing a PENDING BUY (LIMIT) order at the strong support zone (~$3250), where static energy is accumulating before it surges skyward.
Those who disrespect the Thunder Lord will be incinerated.
BITCOIN (BTC/USD): THE DESTRUCTIVE TORNADO – THE ENDLESS VORTEX!
Bitcoin has transformed into a brutal tornado, a destructive vortex sweeping across a vast landscape with no specific direction. It sucks everything into its chaotic swirl, destroying all in its path while going nowhere. We are standing too close to the center of the vortex, where everything is torn to shreds.
Is it possible to enter a trade?
=> ABSOLUTELY NOT! Trying to trade now is the equivalent of jumping into a tornado. All efforts will be swept away and turned to dust. The only way to survive is to find a secure shelter and wait. Wait until this tornado either dissipates or moves on to another land (by completely breaking out of the sideways price range).
COMMAND AUD/CAD: THE CONSUMING WILDFIRE!
After a period of quiet, a wildfire has broken out from the northern forests. The fire has breached a containment line and is now spreading south, scorching everything in its path.
* Force: THE CONSUMING WILDFIRE
* Strategy: SELL (SHORT) in the ~0.89025 zone
* Scorched Earth Objective: The ~0.88220 zone
* Firebreak (Stop Loss): At ~0.89219
Be mindful of the wind's direction; the flames can change course unexpectedly.
The survivor is not the strongest, but the one who knows when to bow before the power of nature.
Post a Comment