At the moment, price has already made its Bullish move. Waiting for a Pullback to the mentioned zones for the potential Bullish trend continuation. Enter only with valid Confirmations, such as, Engulfing candlestick pattern etc along with keeping in view multiple Timeframes.
We have entered a short on this pair last week and still running. We saw the bearish opportunity after it reached the daily resistance level with a rising wedge pattern plus a pin bar candlestick on the 1H time frame. If it reach the support level we expect a rejection and a continuation to the upside.
Gold has surged bullishly last week. Also, price has broke out of its descending channel pattern. We still might continue to see bullish price action for next week. However, price is on its way to making a pullback before continuing to the upside.
Price is within a ranging channel and currently at the top of the channel. It approached the the resistance level with an ascending channel and we are expecting a rejection on this level. A lower time frame reversal setup on the resistance level would confirm a short entry on this pair.
hey guys break and retest of support level with rejections including price respecting and going with the trend
lol I heard the title got to be eye catching sooooo was that really eye catching im joking hit the like and comment on this
Before taking this wait for more hourly rejections to the upside
lol what are you waiting for LIKE and comment. what do you guys think is going to happen to GJ?
Like and Comment if your in on this or you agree ;) As we all know in trading, patterns repeat, the more you trade the more you see them. Ive been trading for a moth and ive seen this like every trading day. Do your own analysis but im all in on this!
Like and Comment if you agree Please wait for a retest of this zone before taking the short
As we get a rising wedge formation and a double top formation, it should be cool to go short on this pair.
As price broke out of the rising channel, it should be cool going short on this pair.
Please Like & Follow Entry @ 1.23700 TP @ 1.22300 SL @ 1.24200 MFX PRO TRADING