My last position on gold unfortunately I've finished breakeven. Iam currently in this trade for sell and I expect the price reach the yellow support zone. You can sell now, but remember to close the position if there are a strong candle reaction to the opposite side otherwise at 1863 you can go risk free.
Hi traders, I see a good opportunity to sell gold that i would like to share with you. A pattern has just completed and we can see interesting price action.
Long position on EURGBP. Its a high risk set up . I expect the price test the trendline. Like if you share this idea.
Possible buy for this pair. A Head and Shoulder Pattern is forming on the weekly chart but we need more confirmations to place a buy. Pair for monitoring during next week.
Waiting for a pullback around 1800 for looking for buying opportunities.
This pair is overbought, I expect a reaction around orange zone. A Cypher Pattern has just set up and that could be an opportunity to sell this pair. The Risk to Reward could be like this with 300 pips profit. Wait for confirmations.
Sell opportunity for EUR NZD. BAT Pattern has formed around 1.6860
On this pair I expect at least a pullback to the 38% Fib level of the impulse. maybe more. This pair need a correction. If you see a strong reaction around 1.2190 close the position. I want to emphasise that this is juste an idea, the market can change at any time.
Despite the fact the CAD has been a little choppy today, I continue to keep my position for OIl. I share with you my forecast for this commodity.
This are the possibles scenarios i see for this pair. I will wait for more confirmations but we are facing a weak CAD in others pairs.
I have placed this position Monday , I still wait for the target!
This pair is testing now an important Support Zone. I expect a reaction and a pull back around 1.6760 level.
On GOLD , if price MANAGE to break the resistence on Red, on the retest of the Support Zone you can place a buy order.
I see an opportunity to buy NZDCAD. I will wait for a retracement to the support red zone before place this position. There is a impulse on the 15 min chart I wait for a little retracement to enter. The price has touched an important trendline formed around June 2020. We can expect a reaction. If you see price find resistence at 0.8890 Close Position
Possible sell oportunity is setting up on OIl . A Gartley pattern on confluence with a ABCD pattern around 66,10 for selling oppotunities. Monitoring Price Action
Possible short position to open on the EURUSD. There is a strong bearish pression and we can expect a deeper correction. A Cypher pattern on the daily chart has completed at 1,2127.