BackBayTrading

BackBayTrading

XAUUSD Reaching previous resistance on the weekly chart.

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Possible long trade. Keep out for a bullish flag pattern breakout to the upside.

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Price is forming a double top on the key resistance level. High probability of a future bearish move to the downside. FOLLOW MY TRADINGVIEW ACCOUNT FOR MORE IDEAS! DIRECT MESSAGE ME FOR ANY QUESTIONS.

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Rejection candles formed. Look for a short trade to the downside. FOLLOW MY TRADINGVIEW ACCOUNT FOR MORE IDEAS! DIRECT MESSAGE ME FOR ANY QUESTIONS.

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Bullish confirmation candles formed. Look for a trade to the upside. The target would be 109.110 prices. FOLLOW MY TRADINGVIEW ACCOUNT FOR MORE IDEAS! DIRECT MESSAGE ME FOR ANY QUESTIONS.

BackBayTrading Updated 

Bearish pennant pattern forming, a confirmation on an outside bearish engulfing candle. Look for a short trade soon.

BackBayTrading Updated 

Bearish pennant pattern forming, look for a short trade to the downside.

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Look for a long position to the upside. Possible reversal happening soon. FOLLOW MY TRADINGVIEW ACCOUNT FOR MORE IDEAS! DIRECT MESSAGE ME FOR ANY QUESTIONS.

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Channel Up has broken through the support line at 30-May-07:00. Possible bearish price movement forecast for the next 11 hours towards 1.5011. FOLLOW MY TRADINGVIEW ACCOUNT FOR MORE IDEAS! DIRECT MESSAGE ME FOR ANY QUESTIONS.

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Channel Up identified at 30-May-05:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.1215 within the next 2 days. FOLLOW MY TRADINGVIEW ACCOUNT FOR MORE IDEAS! DIRECT MESSAGE ME FOR ANY QUESTIONS.

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Falling Wedge identified at 29-May-01:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.7433 within the next 3 days. Please also keep in mind the trade could also go bullish direction. FOLLOW MY TRADINGVIEW ACCOUNT FOR MORE IDEAS! DIRECT MESSAGE ME FOR ANY QUESTIONS.

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Possible reversal soon, look for confirmation on to the downside. Short position. FOLLOW MY TRADINGVIEW ACCOUNT FOR MORE IDEAS! DIRECT MESSAGE ME FOR ANY QUESTIONS.

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GBP/NZD experienced consecutive bearish candles. Possible bullish price movement to follow. FOLLOW MY TRADINGVIEW ACCOUNT FOR MORE IDEAS! DIRECT MESSAGE ME FOR ANY QUESTIONS.

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Falling Wedge identified at 24-May-21:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.1288 within the next day FOLLOW MY TRADINGVIEW ACCOUNT FOR MORE IDEAS! DIRECT MESSAGE ME FOR ANY QUESTIONS.

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Double top formed on the resistance line, look for a bearish trend. Look for a short trade. FOLLOW MY TRADINGVIEW ACCOUNT FOR MORE IDEAS! DIRECT MESSAGE ME FOR ANY QUESTIONS.

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Wait for some sort of rejection candle and take a short trade to the downside. FOLLOW MY TRADINGVIEW ACCOUNT FOR MORE IDEAS! DIRECT MESSAGE ME FOR ANY QUESTIONS.

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Broke through the support level of 1.0074 at 24-May-03:00, Wait for a breakout on the pennant pattern to trade short to the downside. FOLLOW MY TRADINGVIEW ACCOUNT FOR MORE IDEAS! DIRECT MESSAGE ME FOR ANY QUESTIONS.

BackBayTrading

Falling Wedge has broken through the resistance line at 24-May-00:30. Possible bullish price movement forecast for the next day towards 0.6527. FOLLOW MY TRADINGVIEW ACCOUNT FOR MORE IDEAS! DIRECT MESSAGE ME FOR ANY QUESTIONS.