50 EMA Paint now trend to continue to downside Stochastic also overbought
All things Pointing upwards ahead of London Session.
Wait for proper trendline break and use trendline as your stop for protection.
Enter after retest of 50 EMA on 4 hour as stochastic is overbought. Target is previous Daily Support turned resistance.
Keep it Simple AUD to rally hard after good economic news. Test of 200 EMA and Resistance incoming. TP Market on chart
My Idea for Bottom and where to buy. Trend is aggressively downwards so will likely test long term bottom and bounce ahead of big updates early next year.
H&S Formed bearish pattern Retest daily level
Platinum is about to fall out of the sky. Head and shoulders Pattern Overbought Daily Stochastic Remember Silver and gold will follow Platinum. So expect them to move higher in the coming days then drop hard.
China Threatening to retaliate due to hong Kong bill and sell signals every where makes this short straight forward
H&S About to form Daily Stochastic signals sell Double top formation
Enter Short Soon Clear Down Trend on Weekly Trend heading to weekly demand zone
Eur/CAD in clear downtrend. Weekly Trendline Broken. Daily Support getting tested repeatedly and will likely break. CAD is showing strength again across all pairs and Oil being bullish will only further drive CAD Strength in the weeks to come. Red lines = Daily Levels/Trendline and Black lines = Weekly Levels/Trendlines
Price is at key Demand Zone. Trend is still bullish. Price just over reacted to the unemployment news in Australia. This is a great long term buying opportunity to Target weekly supply zone