Trying to some analysis on GBP/JPY. Price is keep bounce on very clear looking key level. So I’m predicting this such a pair is might go up
Price is looks like about do some retest on key lvl but i will patiently waiting how price action will react to the zone
Wait 1Hour chart candle closed. Before make a decision on Gold. Because price is making big wick on lower timeframe
Price is breaking the Key level. Idea on Gold is waiting retest on Key level will take Long position if price action look good enough to make a decision
It looks like momentum on Gold might be changing. If price break the resistance then wait for the retest
I’m assuming price went back and retesting on a key lvl might go back up
On 15min looks like enough for Bearish momentum. Took Long position
Yesterday’s short idea on Gold went very well. From 1831.73 to 1820.95
Short idea because price is below volume and under fibonacci level 38.2
