Later this week and the start of next, we will be looking for Gold to throw a reversal on a smaller timeframe for a short position. We can see gold reversed on this week's Fib and support, headed towards our resistance on our Daily bearish flag. We have 2 potential trendlines for gold to reverse on and our Fib's 0.27 zone. TP will be on small support and we will...
we see that EurNzd has broken from its flag pattern and has come down to its support zone. Strong buy with a good RRR having SL just under a previous low. (Look for a retest back downward for potential impulse)
EurAud has hit the 0.618 level on its fib retracement on the 4h and is now breaking through its Daily support zone, looking for big moves here for a good RRR sell!
USDJPY just created a reversal agreeing to the relative Daily resistance zone and is looking to create a head and shoulder pattern for a good RRR sell!
We can see price is beginning a downtrend on a higher timeframe, so I made my call for price to retrace to previous support at 0.6886 for a short position. Price has now returned to support and agree with my call, so I am entering a short position with an SL at previous head and shoulders support. (Entry for shot or swing trade)
Thanks!
During the last 2 months, we have seen price go in a bearish trend into the 1.56 support range, now we're seeing price repeat a similar bearish downtrend down towards that 1.56 support range. Currently waiting for a retest back downwards and an obvious reversal for my Long entry. (if we see price break support it doesn't mean look for short positions right away,...
We all saw the breakout in bitcoin today now were looking for a pullback, cause what does price do, always come back. after a good reversal is found on the Fibonacci, high RRR position!!
AudJpy is looking like we're about to enter a buy this week with its big rejection pattern from trendlines about to repeat itself on the 4h after it made itself clear on the D. Looking for a dip down to the 80.36 level off the Fib into our take profits (potential small sells?). Looking to get the most accurate, sniper entry to get a RRR around 5-6 or even higher.
