Dekemy

Dekemy

Strategy is to play the weekly range, price seem to have formed a temporary LL. Price breaks the LL and the structure changes. First level of resistance is 1869, then 1875. Will attempt to short Gold if we catch 1880. FOMC later today.

Dekemy

GBPAUD to continue down move, on the daily TF, price was previously rejected from the 61.8% fib level (Yearly high) which also coincided with the retest of the lower trendline (which had previously been broken, with price finding support around the 1.7407 low). Price has also retested and been rejected twice from the 50% fib level. The price is currently ranging...