Sharing this NAS sell signal I got on a lower TF. It's pretty risky after this bull run, but bad earnings might fuel it down, or who knows what else.
Let's see if it's relevant. Manage your risks, and think about partial take profits to securize your capital.
Hmmmm do head and shoulders still work ?? Gold needs to correct anyway, unless big news come out
THIS IS NO RECOMMENDATION, i don't use patterns in my trading anymore, but I'm short with my other systems on XAUUSD. MANAGE UR RISK
DAX has a nice rally today. Could be the end now, with a pivot point forming on the 4H EMA200.
We are in a downtrend channel, and 11500 is a key level that has to be retested !
Let's see, Powell and the FED announce might push the price higher, so manage your risks
Expecting a retrace of GBPJPY for several reasons :
- Holding at a Fibo level
- Fast MACD Crossing
- News from Japan coming
Low risk setup, targets are on the chart.
Trade might be invalidate tomorrow by UK numbers tomorrow morning (GMT+2), so size your position accordingly.
Trade safe, manage your risks
We are bouncing on the 0.618 on the daily chart. It is a bullish sign for me, as even the bad news of this week didn't managed to push deeper that pair.
Entry : 144.30
Take profit : 149.02
Stop : 143.73
Risk/Reward ratio : 7.7
Historically, the pair is still at a very low level. It could be a nice long, especially if we get good news in the coming weeks...