Miguel_Valerio

Miguel_Valerio

GOLD found resistance and already rejected it for two times. Last week it broke the last lows and had a nice drop. If it retest the last support as resistance and show rejetion on it shorts can be taken until the last low.

Miguel_Valerio

Price just found support and formed a reversal pattern (head and shoulders). Since then this pair has been trending up and last week broke a strong level of resistance. If it retest the broken resistance as support and show some rejetion on the level buys can be taken, with the next level of resistance as target.

Miguel_Valerio

Right now price is at a monthly strong support area and start to consolidate at it, wich means that bears are losing power. If price breaks the descending trendline and the previous highs (resistance), we can wait for a retest of the level now as support and take long positions.

Miguel_Valerio

Price is over extented on the weekly and monthly time frames and price need a good retracement in order to continue the move to the upside. Right now price is at a strong support level, when and if it breaks the level shorts can be taken on a succefull retest as resistance.

Miguel_Valerio

Price broke the ascending trend line on the 4H time frame and right now is in a triangle forming LH on the resistance with the same support level. If price breaks and retest the bottom of the triangle shorts can be taken.

Miguel_Valerio

The main trend for GBPUSD is down!! Price just formed a head and shoulders pattern on the 4H time frame and since then it starts to break the lows on the left. Right now price is at a strong level, if it breaks and retest as resistance shorts can be taken.

Miguel_Valerio

Price keeps breaking the lows on the EURGBP. Price recently broke a major low on the daily timeframe and is now creating an ascending channel as a form of corretion to retest taht low as resistance. If price shows the right signals shorts can be taken.

Miguel_Valerio

AUDJPY created a double bottom on the daily time frame at a strong support area and broke the last LH. Right now price is at the neckline of that pattern and is also creating a double bottom in tath level on the 1H time frame. If price brake the neckline and retest it as support longs can be taken!

Miguel_Valerio

The overall trend for EURCAD is down. Price was trending inside the descending channel, after the break price created a double top and continued to the down side. The last support area was already broken and if price come back to retest it as resistance shorts can be taken with the right confirmations!

Miguel_Valerio

The main trend for EURJPY on the daily timeframe is down! Price created the double top that is marked on the chart and then started creating LL and LH. Once we break the support level and retest it as resistance shorts can be taken with the right confirmations!

Miguel_Valerio Updated 

Price has been moving up in this channel but it looks like it want to reverse. It is forming a head and shoulders pattern and already broke the down trend line of the channel and its looking to break the neckline of the pattern. If price break and retest the neckline and show some rejetion or strong momentum down i will look to short this pair!

Miguel_Valerio

Price was moving up in the channel but then it broke to the downside and form a reversal head and shoulders pattern. My view is now bearish on this pair and i am looking for the retest of the previsous level that price broke to short it!

Miguel_Valerio

Price is bearish on EURUSD but we are reaching a strong level of support, lets see if price will respect it once again or if it will brake. If price respect the level and show rejetion i will be looking to go long, if it break i will wait for the retest to short it!!

Miguel_Valerio Updated 

Price was moving up and respecting that trendline but it now found a strong resistance and rejected it many times and broke the trend line. It is now looking to retest the trend line and that level that was support before and is now becoming resistance. If price show rejetion of that level i will be looking for sells!

Miguel_Valerio

Price rejected the 4H resistance level and now broke the trend line on the H1 time frame. If price comes back to retest the level marked in the chart as new resistance, that is also between a 50% to 61.8% fib retracement level of the impuslive move down, and print some confirmations that we will start to fall again i will enter short. Its very important that you...