I am going short this week... Seems that Gold has a downward trend. as can be seen by my analysis, we are anticipating a few more moves before the downward trend.
what is your take on this?
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After analyzing this chart, it seemed as there was enough evidence to show that a long is on the cards. However, after further investigation, it became clear that the entire chart from 1 min to 1 day was showing that this pair was actually a strong sell.
after losing much ground overnight and sellers profiting handsomely, the retracement indicates that it has...
From indication below, it seems that there is a move to the top. But like everything else there is a risk...
I am waiting for the pair give me the signal for the move on the H4 chart.
What's your take?
This will be a significant area for Gold... If it crosses the trend line... You know where it is heading, but if it plays in this area. I will be going long.
In my opinion, Gold will make a move for it to the 1287/9 area... if it crosses the line 1265ish could be a possible stop, but I suspect that it will go the other way...
Should it break upward, I will be...
Scalping this pair would be ideal for some today, but I am eyeing it to hit the 1st resistance area, before another drop... Given the US mess, I suspect that the pair will break 1st resistance area and make a run to the second if not third area..
This isn't trade advice it is only my opinion.
what do ya'll think?
I am of the belief that this pair will be falling soon... from the diagram, it is clear that a short opportunity exists.
Please note that this is note trading advice, but my opinion on the pair.
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Much appreciated.. Happy hunting!
Indication are there that there is a breakdown toward the 105 region.... However, you need to apply caution as this might move to the top of the channel.
Please check your own chart before placing an order.
In my opinion, the short is on, if the H1 candle is done forming or have completed forming, SELL is def on the cards...
I do believe many panic and will buy, but for the remainder of this week I will be short...
In preparation for NFP, I estimate that the dollar will gain strength over the next few hours. NFP will be interesting but I think it will have that bullish trend to the 100's
Watch this area... DXY bullish trend.
Indications are that it will go up to the 100's again, but short term, I am going Long with 95 in mind
What's your take?
I believe that the pair will rally at a weekly key line. Once it reaches that I will be closing this order and re-look at either buying or selling at 1.15516... Indications on a higher time frame shows a short for now but 1.15516 is my next stop for a long... But with the instability of Us relations with Kim, I think in the coming week, we will hear of a...
In my opinion, the chart indicates on the 4hour chart that a flag and side way motion is forming.... The flag represent a decline and possible sharp fall.
I will monitor this currency pair today and see for further side way motion...
I am going short on this one, please be careful.
If you disagree, please let me know and why....
USD will have some resurgence especially after its dismal NFP news, there is a surge upward and we will see a positive upward trend.
I will enter the market as indicated and take profit after a few days (TBC),
EURUSD will breakdown, for this week my strategy wil be simple. Will watch for the top, indications are that there will be a slight push to the top (the special area). In a perfect world I will consider selling the top, however should I miss the option two will be the way back in....
Profit area should be re-looked at if this is the breakdown we were talking...
Well this should be an interesting few weeks... I have analysed the EURUSD charts and the indications points to a strong sell. The Monthly and Weekly time frames indicates the same movement (downwards). there is a push to go up but the pair is def in a bearish mood. So that breakdown is coming... when I don't know, but it is coming...
What's your take?