ChrisLaw1

ChrisLaw1

Price has formed a falling wedge indicating a bearish move. As you can see, price is showing rejection on the upper part of the wedge which also lines up with the 50 MA. Consider selling price to the next support level at 134.00

ChrisLaw1

Price has broken the structure level while trading in an uptrend. This makes the market a bullish market. When the pullback to the level is complete, Bullish continuation will follow.

ChrisLaw1

#CADJPY 🔥Price has been falling since last month, making price a bearish market. As you can see, price has formed a bearish pennant pattern. Consider selling CADJPY when price breaks below the pattern on a retest.

ChrisLaw1

XAUUSD 🔥Price has formed a bullish symmetrical triangle on the 30mins timeframe. Thus, consider buying XAUUSD when it breaks out above the pattern with your nearest target at 1789.989 🟢 Trade: BUY ✅Pair: XAUUSD 🎯Targets: 1789.989, 1800

ChrisLaw1

Buyers are still holding gold above the support trend line of the rising wedge. Thus, you open a BUY trade with the target at 1780 and 1784. ❗️ Moreover, if the price breaks these levels, gold might skyrocket to 1803. ❗️ However, if the price loses the support trend line, we will be selling gold to 1760 support.

ChrisLaw1

🔥EURUSD looks bullish! EURUSD reached a massive support level of 1.0450, where the 50-period moving average goes through and also lines up with the 50% fib level. Thus, we expect a reverse to 1.04800 and 1.05150. ❗However, if the price breaks through the support, it will move to 1.03993.

ChrisLaw1

US100 is bouncing off the cross point of the 50 and 100 period moving averages. Consider buying the index here. Targets: 12100, 12250.

ChrisLaw1

Price is showing some rejections on the 61% fib-level. If price breaks and closes below the level,the next target for gold is 1785-1779.