Bizdrone

Profit Taking – Elliott Wave Strategy – Metals

profit

High volatility is coming this week and next week, with ADP, NFP & CPI data, not to mention the highly anticipated FED Rate Decision.
Therefore, we’ve decided to be cautious and close some of the positions taken on the Metals and Forex pairs.
It’s also good to know when it’s time to take profit.
We will be waiting for the results and will be looking towards a clearer view for the USD and then look for trades continuation.