Gold just bounced off 1680 double bottom. Coupled with breaking the resistance level at 1744, we could see some strong bullish moves to break upwards, and out of the bullish flag on D1. Any break and close below 1730 invalidates the idea (Means a SL to us). Let's go to the moon!
USDCHF broke several resistances to reach .9400 level. Current trade is a short trade following break back under resistance price. Expecting some consolidation before short move down.
Gold rose from 1680 lows to hit 1750's. Price has since retraced to 1705 zone, which is also 61.8% Fib retracement. Expecting a move back up to the upper trendline. Also bullish flag on D1 timeframe. Looking for a break in the course of the year.
Audusd broke below its daily support/pivot level. Expecting a break to the downside to next support @ 0.7350. Also weekly shows a juicy bearish candle formation. Enjoy
Gold just bounced from the 1680 support zone and seems to be going up. Expecting a bounce from 1690 zone and a move back up, or a retest of 1680, in which case a fresh trade would be taken.
Gold broke back above 1950 level to indicate strong bullish movements. Expecting some resistance at 1960 levels. 4:1 risk reward ratio. Invalidated if price moves below 1950.
AUDUSD back to its swing high that is hit since January. Expecting the level to be respected. Short bias.
EURUSD Candlestick patterns formed in D1. Expecting moves down to support area @ 1.1950.
Gbpusd inside a rising bearish flag channel. Expecting a bounce from the top of the trendline with a tight SL. Enjoy selling!
Blue area provided a noice fakeout and back into the rectangular range. Expecting a move to 1.1633, before a move up to complete the fifth leg of the Elliot Wave
Gold price is at confluence of trendlines, expecting a big move to the downside. Target 1850-1860 level.
Gold breakout and retest of larger channel. Looking for price to hit 1890.
Gold formed double top @ 1930 level, and shown good reaction in yesterdays market. Double top is a reliable pattern. Expecting drop towards 1890, 1870, 1855 levels. US elections will move markets strongly. Manage your risk.
Touched and bounced of top of descending channel. Expecting long term move down to 1820 level.
Gold broke the trendline and has been looking to retest it. Current market structure is a bearish wedge, with a bias for a break to the downside. Good sell opportunity.
Usdcad technical analysis. Price broke out of the descending channel and retested. Bullish moves expected. SL 100-200 pips TP 300-400 pips