Monthly ranging and hit into strong support. Weekly and daily are in downtrends. The closest daily level is at 114.62 at the previous consolidation zone and the 1H 200EMA is not far behind. Look to short at those regions. Tier 2 shorts because consolidation patterns are strong..
Monthly ranging and target 0.802. Weekly strong uptrend. Daily strong uptrend after recent break-out. But consolidation above key level at 0.776 has been broken/failed therefore expect a deeper retrace. Tier 2 long because of successful 4H break-out and that more factors are in favour.
Monthly ranging and hit into strong support. Weekly and daily are in downtrends. The closest daily level is at 115.96 and the 4H 200EMA is not far behind. Look to short at those regions. Tier 2 shorts because it coincides with a nice monthly level that's approximately top of range.
Uptrend on Monthly and Weekly. Ranging on daily. At a key monthly level and has found support last few weeks. If price breaks above 200EMA and holds and consolidates and breaks out, there's a good long. Tier 2 long because aligned with monthly trend and weekly trend, at bottom of daily range.
Monthly downtrend. Close below key monthly level after testing it recently. Weekly range. Daily range. The 0.672 level was offering resistance for a good short at top of range last week. Coming into this week since price has collapsed significantly, there's now an opportunity to add to the short on consolidations below the 200EMA. This is Tier 2 because we...
EUR/USD is in a mess. But downtrend on monthly remains intact and price is ahead of a key level. Ranging on the weekly chart + uptrend on daily -> potential reversal trade from key monthly level. Look for price to spike into 1.144x region and reverse for a short. Tier 2 because of monthly trend + monthly level.
Downtrend on the monthly, but stuck at a key level. Downtrend on the weekly. Ranging on the daily. 0.73260 will be a key level to watch for shorts. Tier 2 trade because downtrends on major timeframes, and target zone coincides with top of range.
On the monthly XAU/USD has entered a ranging mode, this puts 1400 in view as a potential top of range. On the weekly chart, we have entered a fresh uptrend. On the daily chart, we are in a strong uptrend. A sharp return to the 1190 level would generate opportunity for great long. A slower return to the 1190 level would be less favourable and I would expect to see...