TensaiTrader

TensaiTrader Updated 

Last week Gold ended with a higher low after bouncing off the .382 retracement. It is possible to start an upwave for this week. The zone looks to still be holding thus could be a good area to hold buys. -Technical indicators- MACD shows divergence. Stoch RSI is not oversold

TensaiTrader Updated 

This could potentially be a critical week for USDJPY, especially since November is near a close. A breakout from this symmetrical wedge that has formed seems to be a probability. In my opinion, I believe it will be a bearish breakout, since price reversed at the .618 retracement level from the high of 112.400 back in April. With slight bullish exhaustion, price...

TensaiTrader

Looks like it is continuing the downtrend after hitting a previous resistance.

TensaiTrader

After U.S session failed to reach 1.134 can come down to 1.13

TensaiTrader

After the failed attempt to break the low (1.129) it made a new high (1.1325) Stoch RSI says overbought. 1.134 is still my target.

TensaiTrader Updated 

As title says I am looking for bullish continuation to break the 1.134 area of resistance to continue the staircase pattern. On the contrary, a double top can bring this down to make a new low.