hello traders Gold is in the ob we might see sell pressure around it wait for price to form around the zone and when price meets time we act on it we will see more on the week open i will update more just follow
Check this analysis for yourself ! Learn to trade with the Market Makers and retail traders . CADJPY should be a GREAT profitable sell . Wait for the break retest of the low and you will get a perfect entry for at 100 pips . Make result in a 2 day trade but risk to ratio is very low .
Okay, so looking at the Bollinger bands on MetaTrader 4 it shows that XAUUSD is over bought. It can be possible that it will go bearish for a while then it will go upwards. What do you all think? (1 month 2 weeks trading experience)
Simular to GBP/JPY price has been rejecting 1.26500 multiple times as highlighted on this daily chart. Looking at gbpusd to make its way back down after both printing very nice bearish pin bars, showing strong selling pressure, ill be waiting for another pull back if any before entering a short. 1.26000 maybe the level it pulls back unto but will be waiting for...
As you can see , DXY is creating a bullish three drive pattern (15min)
You can do two things :
Short now
Long later when the pattern is complete.
Check always Stoch for a better strategy
I hope you enjoy my analysis and I hope those are helpful for you.
Happy Trading you all.
4 Confirmations:
- Predominantly above my control line (pivot line in channel)
- Broke through downwards trend line
- Broke through high of my channel
- RSI & Stochastic still point up!
