Britneyfx

Britneyfx

Lower timeframes showing bullish momentum and bullish penant forming, if the penant breaks to the downside then my tp's for a small sell correction will be the aqua lines.

Britneyfx

A break and close above the daily zone, and a bullish pennant visible on the lower tf charts.

Britneyfx

The break of the 61.8% would confirm my sell, price has been in a strong bearish trend, making lower highs. A break above the daily zone would invalidate the sell idea.

Britneyfx

Let's catch this breakout! I would like to see a retracement from the strong institutional candle, gold has also hit a monthly resistance. Overall I see it has been making higher highs, breaking the previous structure, currently price is consolidating, as well as sitting at the 88.6% and 78.6%, I'm looking to catch the move down and I am personally waiting for...

Britneyfx Updated 

Price is currently floating around the 78.6%, above the 200 moving average as well, but if it keeps rejecting my 200, then I could see a buy up. I want price to break below my 200, either way this should be a good breakout trade long or short.

Britneyfx

Price is currently forming higher highs, currently sitting at the 78.6%. I am currently looking for a buy entry.

Britneyfx

Two possible scenarios, on the 4hr price has been bouncing back in between the 200 & 100 moving averages. this could be a new resistance as well if it stays rejecting the 50%. If price breaks above my moving average I could see it going to the 61.8%.

Britneyfx

For US30 I want to see a retracement first, price was in the accumulation phase and after accumulation you have distribution, the drop could possibly pull back a bit under the 78.6% but overall I have a long bias.

Britneyfx

Once there is a break out of the symmetrical triangle, I will look for my entry.

Britneyfx

If we can get a rejection of the 23.6%, then I see a short term buy, and I'll also look for a break of the support.

Britneyfx Updated 

As long as GJ can reject the 78.6%, as price has before at the 88.6, tapped it then dropped, I can see the same scenario here.

Britneyfx

Bearish engulfing candle on the 4 hr forming, and price has touched the top of the channel. If price breaks and retests the trendline then I do see it selling even lower.

Britneyfx

Price bouncing back from the 78.6%, once more bearish momentum coming in I see tp 1 where the 50% is and tp 2 at the 23.6%.

Britneyfx

I will look for short positions once more bearish momentum comes, as well as a nice rejection of the 50% fib confirming my sell. London session will most likely bring that. Happy trading!

Britneyfx Updated 

Bounced off the 50% on the fib, so I see a small buy until 1.08757, price has tapped the yellow lines multiple times as well. We'll see how this plays out!

Britneyfx

Support zone level in the 1.24000 range, it has bounced back from its resistance zone level so I see a possible short opportunity coming during london session all depending on if it bounces back from its resistance, although it looks to be in an overall uptrend and a swing buy on the 4 hr tf. On the daily timeframe it is at a resistance zone that's been bounced...

Britneyfx

Hitting resistance zone so I'm waiting for the 4 hr or 1 hr candle to close to see its next move, the next zone I see it going to would be 1.94202 all depending on how this candle closes or if it breaks its resistance zone and vice versa.

Britneyfx Updated 

Have already been selling this pair since the evening, but looking forward to it to still keep going down.