Traderchiel

Traderchiel Updated 

Price has retraced back into the 4hr 3sma DSR zone. Wait for price action formation on a lower time frame (1hr) to confirm whether retracement is coming to an end.

Traderchiel

CADJPY is trending nicely on the 4hr chart. On the 1hr we can see the pullback retracement to this hot zone. Wait for a price action/formation to hint that the main trend is continuing.

Traderchiel

Gold has had a great run up, with a nice price increase. Like most good runs (up or down) after a while, they need a breather and a healthy correction in price. This is a good thing. While I see Gold going much higher this first quarter - the price of Gold is currently heading straight into some heavy daily resistance at the 1350 round number. This is a level...

Traderchiel

Nice clean pin bar and moving average trending down - USD is also weak on other crosses