WARNING - HIGH RISK TRADE!
XAUUSD is currently doing a deep pullack to retest 1800.000 and possibly the daily trendline.
- Gold is currently at a major psychological level 1800.000, so it's likely to consolidate here for a while before continuing down to 1770.00.
- Gold has retested the daily 50 and 200 EMA.
- Gold could potentially still have around 200 pips to...
GBPJPY is still making a deep pullback from the parabolic bull run it had back in October.
- GJ is heading down to 152.500 to make a double bottom on the daily timeframe.
- GJ is currently preparing for another huge bullish reversal.
- GJ still has another 100 pips to go before completing it's retracement, this is a swing trade.
- GJ should start heading up...
I'm posting this trade set-up a little late sorry!
- GU has been on a bearish trend for the past 6 months
- GU is heading down to 1.33500 to make a double bottom on the daily timeframe
- GU is preparing for a big bullish reversal soon
- GU could potentially start heading up towards the end of this week
- Watch out for FOMC news tomorrow
