Kgosi18

Kgosi18

Price Converged on the MACD showing a reversal from the down trend. Price then broke and now retesting the structure for a potential movement to the upside.

Kgosi18

Potential long on GBPJPY. Price broke and retested the market structure.

Kgosi18

Potential shorts on Gold as price as reached previous lows. Break and retest would confirm further downside movement to 1770.00. Rejection of the previous low would send us back to the high of 1874.00

Kgosi18

Price on the H1 bounced on a psychological key level which is also a daily resistance.

Kgosi18

Price reached a trend line of a ascending triangle which is also on a 0.382 fibonacci level. This is can indicate potential long on Gold.

Kgosi18

Divergence on the MACD highlights potential downside on EURAUD, the EUR is also under a pressure.

Kgosi18

The price broke out of a descending channel, and its now looking for retest on the broken trendline and support.

Kgosi18

LONG

Kgosi18

price broke out of descending channel. broke and retested the supply/demand zone, therefore looking bearish.