Sixth_sense_trading

Sixth_sense_trading

Gold markets have pulled back just a bit during trading session on Friday. To bounce from 200 Day EMA, at this point, I think we are looking to go higher levels but its gonna be noisy due to the fact that the overall attitude of the market is based upon the reflation trade and there's lot of questions about that now so I would expect more choppiness in the near...

Sixth_sense_trading

We have pulled back from a familiar level of 142.50. I think we probably go looking towards the 140 support area where 50 day EMA awaits. That's an area where we are likely to find buyers and this is a buy on dips market and we are obviously struggling with an area that you know extends to 145. I do think we are trying to grind above and get there but at this...

Sixth_sense_trading

So, British Pound pulled back from 1.3750 ish level and I think at this point 1.3500 area would play as a possible support and that might be where we are going. this is a market that desperately needs to see some type of pullback in order to build up necessary momentum to break out. That being said, I believe we could go higher eventually, but we need to kill...

Sixth_sense_trading

we initially tried to rally during the trading session here on Friday, gave back the gains as New york comes on, testing the bottom of the candle stick from the previous session. I think this is the Fade the rally type of scenario. At 1.1700 there are plenty of resistance but even 1.1750 and 1.1800 both are candidates for selling as well. This was a breakdown...

Sixth_sense_trading

As you can see the GBP/USD kept dancing around the 200 EMA area, not a big surprise as Brexit is gonna continue to throw a lot of volatility in this market due to this fact that occasional headline or a rumor can come out to throw everything out in the disarray. I do believe fading rallies will keep continue as the market already making L.L. L.H. L.L. as marked...

Sixth_sense_trading Updated 

The measurements of Potential Bearish Cypher Pattern RR - 1:1 B: 0.382 - 0.780 level C: 1.272 - 1.414 level D: 0.786 level

Sixth_sense_trading Updated 

The measurements are B = 0.618 level C = 0.382 level D = 0.27 extension level RR 1:1 good luck!

Sixth_sense_trading Updated 

The measurements of Potential Bearish Gartley Pattern B: 0.618 - 0.786 level C: 0.382 - 0.886 level D: Fib Extension of 0.27 level

Sixth_sense_trading Updated 

The measurements are B = 0.618 level C = 0.382 level D = 0.27 extension level RR 1:1 good luck!

Sixth_sense_trading Updated 

The measurements are the following : RR 1:1 B = 0.382 C = 1.272 D = 0.786 good luck!

Sixth_sense_trading

The measurements are : B = 0.382 Fib Retracement C = 1.272 Fib Extension D = 0.786 Fib Retracement RR 1:1

Sixth_sense_trading Updated 

The measurements of Bearish Cypher Pattern Complete RR - 1:1 B: 0.382 - 0.780 level C: 1.272 - 1.414 level D: 0.786 level

Sixth_sense_trading

B = 0.5 level C = 0.382 level D = 0.886 level

Sixth_sense_trading

potential bearish bat B = 0.5 - 0.618 C = 0.382 D = 0.886

Sixth_sense_trading

The measurements of Potential Bearish Gartley Pattern B: 0.618 - 0.786 level C: 0.382 - 0.886 level D: Fib Extension of 0.27 level

Sixth_sense_trading

The measurements of Potential Bearish Cypher Pattern RR - 1:1 B: 0.382 - 0.780 level C: 1.272 - 1.414 level D: 0.786 level

Sixth_sense_trading

The measurements of Potential Bearish Bat Pattern Pair - Aud/Jpy (H4 time frame) B: 0.5 - 0.618 level C: 0.382 - 0.886 level D: 0.886 level