Divergence + Dialy Sup Hit, Currently 50% Fib Retrace 1:4.7 RR, Goodluck
After failing to create LL on Friday we believe that USDJPY will be moving to the upside, we had some good Divergence that played out last week. we have the respective reciprocal TP level depending on the final retracement. 1:1.9 RR, Goodluck :-)
EG bounced off a daily support T-Line, Technicals suggest that downside movement might be over. TP will be the respected reciprocal Level. 1:2 RR, Goodluck :-)
Bouncing off a Dialy R-Line it appeared as if GA retraced and bounced close to a q-point, We had some good Divergence that played out, TP will be respective reciprocal Level. 1:5 RR, Goodluck :-)
After Bouncing from a Dialy Resistance Trendline, it appears that we could see further downside movement. We had some nice divergence that played out aswell as pretty strong q-point at our anticipated Fib retracement level. TP zone will be the respective reciprocal level as always. 1:1.2 RR, Goodluck :-)
After Bouncing off the Dialy Resistance @1265 Handle we saw the possibility that gold could be pushing lower in the upcoming week. We are anticipating a retracement btw 38.2-61.8%, Using the respective reciprocals for TP levels. Technicals show that upside momentum might be at its end and we also have Divergence at play from out technical indicators. 1:2 RR,...
Break out from s.channel 78.6% Fib Bounce 127.20% reciprocal TP. 1:2 RR, Good Luck :-)
Momentum to Downside appears to be shifting. Divergence in Play Double Bottom 200% Extension as TP
Divergence in Play, Momentum to the upside seams to be decreasing. 1:2.7 RR, Good Luck :-)