XAUUSD FINALLY TOUCH THE MONTHLY SUPPLY AREA SO I AM EXPECTING A VERY LONG TERM SELL , BUT FOR NOW WE CAN SEE A REVERSE MOVE FROM THE CURRENT LEVEL AS WE KNOW ABOUT GOLD IS IN VERY BULLISH TREND FROM LONG TIME AND IT WILL TAKE TIME TO REVERSE THAT LONG TERM TREND
GBPUSD is at a strategic support level on the 4-Hour chart on the drawn trend line. the currency pair has shown a strong up move in the recent past and minimal bearish moves. Our stop loss will be placed at 1.24669 while out take profit will be placed at 1.26208,1.27701 and 1.29580 respectively. This post does not provide financial advice. It is for educational...
I see price testing off the top of this zone for a continuation to the upside - let my know what y’all see
Potential SELL Position on GBP/CAD - 1.73159 Potential target
This the short opportunity I see on CadJpy. Price once again has rejected at the 78.00 region. Before this price had trended up to form a rising wedge and now has broken lower again. I will be hoping to take this pair back down to the support area at 74.000 again.
Gold has been very bullish and seems to have lost its momentum....im expecting a retracement before any further rise. I have marked the possible levels that price may visit and react to.
Structurely on the HTF we are at monthly and weekly LH the trend has been strong for a couple years weekly time frame we see a Potential H &S and a retest of the weekly and monthly LH Daily we see price stalling in the zone H4 where the entry is at the top of the consolidation moniter H1 and lower for LTF transitions to continue entering NFP tomorrow will be...
EURUSD broke the descending triangle...Buy at 1.13289 first take profit at 1.14044 and second one at 1.151162.A friendly advice is that wait for the bullish right flag formed in the 1 hour time frame to be confirmed then but after breakout.The marked triangles are respected zones,see what patterns are formed in smaller time frames then move stop losses up or re-buy.
Hello guys, the price has tested for 3 days the strongest resistance on mid term EUR/NZD. I think it will fall starting from today and closing friday... 4 days of time for a bearish bias to form. Let's see if it goes down! Happy trading to all.
yellow entry, green tp, red sl, trade at your own risk.
Price will either bounce off and continue up or break through buy or sell accordingly.
Oil broke below the range it's been inside of for the past year and I'm expecting it to fall lower to the ~45.50 demand. There is decent supply on the daily where I will be going short. I'm expecting price to fall from 54-52 down to 48. We could have some trouble falling below 51, but overall I expect prices to break through. I will use a 1:1 target to eliminate...
USDJPY forming a HNS on 4h. Shall we see a drop?