We're almost over the accumulation stage. We might see another huge drop here soon if we break through this key level of resistance.
Buy limit on AU looking for a long entry above some key levels of support.
I'm currently waiting for the retracement for a possible long entry. I will be looking to enter in the Golden zone of the fibb.
Looking for a 2:1 Reward to risk ratio. Looking for a continuation short here towards our next key support level
Looks like we are retesting the previous resistance zone for a high r/r short opportunity. I'm up 150 pips on the 1st 3 trades I posted this week. 3 for 3. Lets make a 4 for 4.
We're forming a beautiful W pattern on the right above a key support zone on GBPAUD
Looking for a short position at the fibb retracement level around 50% retracement or even a retracement in the golden zone for a short entry with a high R/R
I like a buy here to the next resistance zone on the 1HR chart. This is a high reward to risk opportunity at 2:1
Looking for a rejection under resistance here for a nice short opportunity. We already have a strong sell bias with an engulfing candle breaking through on the 1 HR previous support level
AU is looking pretty bearish under this resistance area. Lets see how this hourly candle closes
Id like to see a large bearish candle break through this key level confirming a solid short entry with high R/R
High risk R/R opportunity. We have an engulfing candle on the 1 hour chart right under resistance
Looking for an engulfing candle above support or a strong bullish candle rejecting/retesting the support showing us that support is strong.
WE ARE SEEING SOME BULLISH MOMENTUM. I WOULD LIKE TO SEE A REJECTION AT THE NEXT KEY RESISTANCE LEVEL WITH A BEARISH PIN BAR OR ENGULDING CANDLE ON THE 1HR/4HR CHART FOR MY ENTRY. I'LL BE LOOKING FOR AT LEAST A 2:1 R/R IF WE GET THAT REJECTION.
We are holding above support nicely so far. We also have some wicks right on top of support which means we should see some bullish momentum. I'm looking to take 80+ pips here.
W'ere still hanging under a very key resistance level and it looks like the bears are still in control. I like our R/r Short here with the wick we just got on the 15m chart
I believe we should have a continuation long next week on EURGBP. I will be looking for a retest of support for an entry long to the next zone. Fundamentals also back up this analysis