this could be an intresting one to look at in the morning gbp index looking bearish eur index looking bullish currently waiting on one of these indexs to move before i enter my sl will be 0.852 on this trade if i take it
nice touch of the 50 day ema adding more sells 0.78 fib level stop above 153 first tp 147 eurbgp looks good to buy not taking it myself
put stops break even on this sold at 1809 take profits 1801/1790/1785 was a quick post this morning 1785 ill be looking for longs in this area a post will be put up if its during uk time all other posts from friday and today in profits or floating around entry killed it
intrest rates wednesday until then im staying bearish
daily chart here could be a good area to go long sl under last low
where i see this pair going over the coming weeks there's multiple reasons on that analysis to go long main one been the break of the lower time frame down trend it built last week
looks like the minor trend line is breaking at a good level on the fib retracement this could be a good level to start selling gbp index looks very bearish
this areas been strong support for a while now lets see what lower time price action we get
expecting a lot nof cad weakness these coming weeks weve broken out last couple days this could be a good re test to get back in
the 2 area's highlighted yellow could be a good area to look for shorts it all depends how price acts here and wait some sort of confirmation 1825 on these set ups im favouring the higher area im not going to be on today but will be traqding this set up these are my thoughts looking at the chart hopefully 1797ish comes but were see audchf+eurchf are in profit now
seems like 29k has been holding very well these past couple of weeks break above 42k will be my confirmation
sat at a strong support longs looking good from here aud index set up very similar
ive gone short at gold looks like were ranging again not sure which direction it'll take out of the range it could do a bigger head and shoulders on the 4 hour chart ill add the sell from last week 1829-1797 🔥
for anyone whos followed because of my gold posts im still just watching at the moment not an overtrader my bias is look for a short but whens its 50/50 in my eyes ill just leave it had a lovley short from 1813- 1797 end of last week of yesterday
im looking to go long on this pair currently waiting on a break out of this wedge
weve been in this channel now for a while after a huge impulse up on this 8 hour chart you can see it could form a head and shoulders pattern im expecting price to eventually break up out of this channel if it plays out great risk to reward
if price turns bullish around current area ill be looking to go long possible fakeout to hit a support only if it turns bullish from here