Moment of truth right here! XAUUSD is at the bottom of it's acending channel. We are short on this pair from 1262$ with a SL @ 1251$. It makes sense to still be short and look for a break lower. If you haven't already, follow me on Instagram and Telegram for quicker updates.
Our gold short was very profitable (and of course a break down of the ascending channel would have been great but oh well! lol) I am now long on this pair unless there is a break down of the price under the current bullish channel. Trade safe!
GBPUSD breaks!!!! Our zone got wrecked to the downside. We have shorted this pair! See the chart for more info.
If you have been following on the Instagram channel, you shorted quickly when we saw that huge daily wick. I personally entered @ 1262. We are making a lot of pips right now. As for this chart, we are looking for either a bounce off the bottom of the channel or a real hard break to the downside. PA is key here, we will watch this carefully. Don't forget to...
Our beloved AUDUSD is in our sight for this week. A great bull run with over 300 pips above the bearish channel it broke. What this PA looks like to me is a retest of the 0.5 FIB. Let's see how this pair goes this week! Trade safe!
This is an update to our very successful previous chart : See the chart for more details!
I hope you all had a great weekend. This week the USDCAD got my attention. A lot of uncertainty of this pair but we can manage some pips off of this! Take a look at the chart for more details! My bias is to go LONG here. Trade safe!
EURUSD looks like it reached some important resistance. Longterm forecast is still bullish but this needs to either correct itself or be stuck in some sideways actions for the days/weeks to come. See chart for more details! SHORT it is for us. Trade safe!
USDJPY finally broke to the downside. Easy pips to be made. See chart for analysis. Trade safe!
GBPUSD doesn't want our attention!! It doesn't matter because we will figure out this one. See the chart for more details.
Gold is in good spirits and will remain so for our longterm forecast. See chart for extra details!
Even though we broke through our bearish channel.. there is one resistance left. I'm kinda leaning towards a pull back but let's see what happens!
XAUUSD lacked the momentum to get through FIB 618 and fell down again. We have a double top and it shows as a resistance zone (blue rectangle). I think gold may go back test the bottom of the bullish channel before resuming its trend. Trade safe!
AUD/USD just touched twice the top of it's bearish channel. There are two distinctive wicks that makes me believe this will go back down to the previous bottom (which looks like a order block) Trade safe!
I've been watching for some time now this pair. Although the US Dollar got pounded hard today, NZD hasn't gained much ground on it while other pairs did. This looks to me that the NZD doesn't have strong fundamentals to push it higher. We have multiple wicks here @ 0.6935 which lines up perfectly with our FIB retracement. The rectangle I drew is a order block of...
GBPUSD is sitting at its daily resistance without much movement the past few days. Of course there is a lot of resistance at that 1.30 spot (just like EURUSD had one at 1.10) If it goes through, it may explode for 100 pips upwards. This can be all EURUSD that we saw just yesterday. RSI is a buy and MACD saying this also. Let's see how it goes. (Don't forget that...
I see that gold is still in a uptrend as it bounced off the bottom of the channel. It has the potential to reach FIB 618 before retracing back. Be safe! Update : I forgot to say that I like very much that MACD crossing!
I'm looking for a quick sell setup. EURUSD is very much still bullish but it has touched a daily resistance and will backtrack a little before resuming it's uptrend, I've set a tight SL just in case. Trade safe!