Price made a clean break of the wedge pattern since I last posted moving over 250 pips.. Price made a weekly closure above monthly key level 1300, I am now expecting a touch to the 38.2 fibonacci before a continuation up.. 1305 is acting as a level of resistance, but with the momentum as it is can easily rip though & continue higher. Gold looking to continue...
Price broke 61.8 fibonacci resistance that has been holding for some time now. Price entered next zone, a daily break above 152.800 is needed to see some bullish momentum continue for this pair
Kind of disappointed I didn't pay attention to this pair recently, price made its 3 touch to the ascending daily trendilne, & hit a strong level of daily support with a strong bullish engulfing candle close. Will watch for a potential retracement for a possible entry
Price broke & closed above 1.20000 daily resistance, I believe price will still head higher to complete the daily inverse head on shoulders pattern at 1.20800 resistance.. Bulls are in charge
Price looks like it make a clean breakout of consolidation, will we see 140.000 in 2018? I think so!
Breakout confirmed, price rejecting an area of resistance currently, could see a potential retest before a break higher to the upside first target 1300 Monthly resistance, then a break of that will send this pair to the 1330ish area
Price approaching resistance / trendline resistance, lets see if price can break this level to the upside
Price broke resistance, now turning support. Next target is at daily resistance 152.800 where I will watch for a daily close above for a potential new higher high
1.33000 Support holding firm, price is still in an uptrend I will be watching for a break of the counter trend line for longs.. This one will be a good one to watch for 2018 : )
Double bottom formed on the daily at the trend reversal zone, price broke out of its downtrend channel & retested making a (higher low) now rejecting at a strong resistance level turned into support. Will go to 4 hour or hourly time frame to look for potential entry opportunities
Price broke out of pattern to the upside, looking to make a new higher high & complete the "E" Wave ..
Price respecting daily support nicely, we should see a completion next week to daily resistance 1.19250 next week..
Pullback now looks to be complete as price failed to break close below daily support multiple times. Price also came down to touch the 50% fibonacci retracement level & quickly went back up. CTL broken, now we may see new highs coming soon !
Had to re evaluate this pair after price failed to close below daily support 0.98800.. Price making a "W" pattern & is looking to potentially complete its 5th wave to the upside continuing the uptrend we have here making higher highs & lows..
Triangle pattern here, stuck between support & resistance.. Watch for a break of the top & resistance for buy opportunities
Is consolidation for this pair finally over!? after 12 weeks of price stalling in its uptrend we have been moving sideways, & recently had some strong bullish momentum these past few days. Watch for a daily close above the resistance. After consolidation comes a strong breakout
Watch for a break & close above the CTL for buy opportunities up to the next level of daily resistance
Price broke out of a falling wedge pattern last week showing a reversal of trend. Price recently broke a strong resistance level now turning support making a (higher low), now looking for a break of the counter trend line for a completion of an ABCD pattern