AnarUn

The breakout has occurred. So, waiting for a pullback and let's see what will happen.

So, this provides us an opportunity to long, as we know that the market is in the range.

As we analyzed previously, the gold price dropped. So, we expect it to decline more. Currently, it has retraced back 61.8%. Good time to open a short position.

The pattern hasn't completed, yet, though.

As long as the gap has filled, we expect more buying pressure.

I'm uploading the detailed version of XAU price if the price drops.

That's what I see.

USD/CAD idea.

Can it break the trendline?

The triangle has created.

USDCHF idea is in a consolidation.

We expect more selling pressure.

We can open a short position now or wait for a breakout.

Breakout strategy.

DAX has violated its trend-line, and currently is creating a head and shoulders pattern. We expect it to retrace around 61.8%, where there is a resistance lvl.

The price can jump again, as it's establishing higher high. We should close the position when it reaches 161.8% of the fib extension.

We expect a huge sell-off. So, we open a short position with a very tight stop loss just above the shooting star candle (if we see a daily chart, we see a shooting star candlestick pattern very powerful reversal sign). The bulls trapped believing that it violated the previous consolidation zone.

The correction is taking place. So, we expect more bearish move.