EURUSD - Weekly Chart The price retests previous weekly neckline with some rejected candles. We will look for a sell setup in lower timeframe.
XAUUSD - 4-Hour Chart The price is looking for retesting the descending trendline to create new higher low of downtrend. We can sell with the rejection price action at that level.
The price tries to retest previous neckline many times. Now we look for a reversal price action for a sell set up. Anyways, if the price breaks out and stays above the neckline, we will look for a buy opportunity.
XAUUSD - Daily Chart 1. Retest the key support zone 2. 38.20% Fib retracement The price broke the key resistance around 1300 and headed up sharply. Now we wait the price pullback and look for the buy set up in lower timeframe.
1. Complete Head and Shoulders Pattern 2. Retest the third top of Descending Channel
4-Hour: Complete bullish Bat pattern as I’ve mentioned yesterday. Now look for reversal.
1. Break the key resistance and retest 2. Create a small flag and breakout Now we can go long with the breakout.
DAILY: Broke a flag pattern and created a long spin bar at 1.618 extension. 4-HOUR: Pullback to 0.618 retracement with a long pin bar and create a support trend line. Now wait for breakout trend line to go short.
DAILY: USDCHF has touched 3 times at daily low after long time fall. The last candle finished with very long pin bar. We expect for a reversal from this area. Check lower time frame to go long.
DAILY: USDJPY reversed up from previous daily low and broke the trend line. Now I am bullish with this pair and wait to go long with the pullback.
DAILY: GBPAUD has touched many times at daily previous neckline. That’s a good opportunity to go long again if you see some reversal price action in lower timeframe. *RBA releases today, so this pair could have some volatile move.
DAILY: AUDUSD has touched 0.618 retracement level and dropped back two times. Now it is the third time of the same zone. However, there is a Bat Pattern at previous high too. Check the price action before enter sell.
DAILY: GBPUSD has broken the previous low and look for some correction before continue to drop. The first reversal zone 1.3013-1.3059.
DAILY: EURUSD has broken a flag pattern and created a long spin bar at 1.618 extension. We expect for some correction or reversal from the resistance zone 1.1946-1.1984.
Gold has broken the key resistance at 1300 and retest again after heading up more. The next resistance zone is between 1343 and 1352.50 (1.272 extension and previous high).
USDCAD BULLISH BUTTERFLY Entry with stop loss below 1.2280 Aim with big profit. Trade safe!
XAUUSD COMPLETE CYPHER PATTERN Stop Loss above previous high Trade safe!
GBPCHF COMPLETES ABC CORRECTION, LOOK FOR NEW BULLISH IMPULSE Go long after breakout. Trade safe!