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forexqueenpk forexqueenpk XAUUSD, 240,
XAUUSD: GOLD - Loosing Ground
107 0 7
XAUUSD, 240
GOLD - Loosing Ground

Yesterday #Gold break below the 1240 #support (#endingdiagonal) but managed to bounce back. I already expect Gold to start its major #correction for the move started 1120 but before that one last leg up is still in play (because of ending diagonal #elliotwave pattern). yesterday break of the support indicate that the fall may come quicker than we expect and #Gold ...

RandomDane RandomDane AUDCAD, 240, Short ,
AUDCAD: AUDCAD Short at top
42 0 6
AUDCAD, 240 Short
AUDCAD Short at top

AUDCAD has made a dobbletop, with bearish RSI divergence. Stop Loss placement: 1.01370 Take profit placement: 0.98600 Going short on the opening today. Trade with care.

YongLiang YongLiang USDCAD, D, Short ,
USDCAD: USD/CAD, DAY CHART, SHORT (16-JAN-2017)
55 0 1
USDCAD, D Short
USD/CAD, DAY CHART, SHORT (16-JAN-2017)

Note: We are more bearish on this pair now. There is a potential Double Top Setup. Let's see if it is able to break the neck line at 1.312 level Here are 2 trading plans: 1. Short when the price break the neck line powerfully or after breakout followed by pull back. 2. Wait the price correction to the next resistance level at 1.319 level and short again.

edusash edusash EURUSD, 60,
EURUSD: An opportunity in EURUSD. You can not miss this
91 0 1
EURUSD, 60
An opportunity in EURUSD. You can not miss this

A very nice set up for EURUSD is on the way. The market just began a downtrend and right now a pull back is trying to form. Let's wait and see if it will touch the 40ema, if it does I will take a short position targeting 30 pips. The market is below all the EMS which includes 20, 40 and 200 ema. Keep posted I will let you know once the signalis strong enough.

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