The Analysis
- Price was in an uptrend
- Price formed a Head & Shoulders Reversal pattern
- If price breaks the trendline then we will be anticipating for short sells
The Analysis
-Price is in an uptrend
-Price failed to break 1,24618 level for several hours
-Breakout of 1,24717 level
-Target Profit 1,25234
-Stop Loss 1,24528
-Risk to Reward of 1 : 2,5
The Analysis
-Price was in an uptrend
-Price broke resistance
-Made a few retests
-Respected the upward trendline
-Wait for a bullish decision candle then place a buy
The Analysis
-Price was in an uptrend
-Created a flag pattern caused by exhaustion phase
-Price Retested
-Wait for conformation to go long
-We expect price to rise to about 1.14027
The Analysis
-Price have been moving in an uptrend respecting the support trendline
-Price broke trendline and made a retest
We will be anticipating the price to drop to around 0,64629
The Analysis Behind
-Price has been moving in an uptrend
-Price created a Head&Shoulders pattern which as we know is a reversal pattern
-Now we wait for the price to break neckline and we enter short
The Analysis Behind
-Price drop as expected from the last post on AUDUSD ()
-The price is seen to make a retest giving reassurance as to take a short trade
-I expect the price to drop the around 0.67452
FOREXCOM:XAUUSD
The Gold Dollar has been going up respecting the trendline.It reaches the major resistance line, now we wait for a reversal pattern to form and breaking the trendline then we shall enter a short trade
