Gold has been in a deep corrective state.We are expecting one last sell for Gold to give us a third touch on the the support trendline before shooting all the way upwards nd possibily breaking out.But currently we are on a short bias before the massive buy
The market gave us a triple top indicating a strong move to the downside.First target is set at 90% of the previous structure.If the market breaks the support structure,we wil see that as possible scale in all the way to the downside.We are not market makers but we will use evidence given to us by the market as week progresses.
One last push to the upside for NZDJPY to the daily resistance structure looking higly possible this week.We are not market makers after all but we use every evidence available to support any trade before we take it.We will see wat the market wil tell us as the new trading week begins.A reversal at current market price is possible but a long is wat we looking for.
We see a bereakout of the of the support trendline on the weekly nd a correction on the H1 to that support trendline confirming a push more to the downside until the next support structure on the Weekly timeframe
We see the pair breaking out in descending type showing a possible push to the upside after a short drop to give us a third touch on the support trendline or a double bottom at the horizontal support
GBPUSD has been moving upwards to the weekly resistance trend line in an upward corrective manner.Friday saw the pair form a triple top which comfirmed our sell bias.