wanna see a flip zone retest...altough 61% fib in nearly the same are..to get in a long continuation trade to the upside
price has recently broke weekly level turning it into support, if price is retesting the level and will bounce, i expect to see further bullish movement if it breaks the level, we may see bearish movement further down
Will resistance be respected or ? - Major bullish engulfing candles in the mix. - EMA's look like they may cross soon indicating a change of trend. The next candle close could tell us what we need to know.
Gold reached a resistance zone. We will ride XAUUSD down to the support zone wich is drawn as a blue square in this chart.
Patience is the most important aspect in trading this setup. Price has been slowly climbing to the resistance zone that extends from 0.7750 to 0.7830 - this is the red zone. A support trendline has also been forming, it looks steep on the 1d chart, but on the 4h it is much clearer. In my opinion, this trendline is crucial to the reversal of this pair. When...
AUDJPY has retested the high level forming a double top in the process
Looking for long setups at this 3 support zones. If Price closes below the D1 keyzone I'll watch out for short opportunities.
This pair might break out of uptrend, in which case I'll watch for short opportunities around the recent and multi-day key zones.