Trend is your bestfriend. Following the trend with continuation bearish penant will be lovely. As stochastic also marking over bought. I would like to go short Euro Technically. Keep it simple. *The trade you gain or loss is only your responsibility.* Wait for a good entry before entering following the fundamental news. May the market be with you. #BJD
Forming triple bottom on trendline with a retest with a fundamentally n sentimentally support to go up to safe haven assets.
Just a clear chart. No drawings. Sometimes simple look shows the way. Inflation, technical analysis, sentiment analysis and no trust in fiat will push the gold up. Not suitable for day traders. Think long term. My opinion only. The trade u gonna make which you would gain or loss is ur responsibility.
First, it has formed a beautiful ascending triangle. Now breaking out with retest.. I would like to go for a short term long as technically.
Wedge pattern forming... Technically Euro is falling..
Forming a bearish peanant... following the trend..
Technically, £/$ is in the area of confluence. 20EMA + Trend Line Area + Demand Area Why not go for long even thou smaller TF are in the trend of DOWN. Good RR is seen here. Keep it simple.
Double bottom with stoch convergence, momentum there, news on euro good too, like to go for long on this pair. *The trade u gain or loss is not responsible to me*
Double topping gold with Neck line 1690, wait to retest that area and sell the gold! Target 1610. Technical analysis only, watch out for other fundamental news. *The Trade u gain or loss is not responsible to me*
For me its an engulfing bear with stochastic divergence, i.e. loosing momentum. Wait for confirmation candle or the 20EMA to breakdown. Watch out fundamental news too, this is only technical analysis. The profit you gain or loss is not responsible to me.
Forming Gravestone Doji near in the area of resistance zone. Are sellers taking over? Stochastic momentum loosing too. I would like to go short on this pair for coming week. Watch out the fundamental news, this is technical analysis only. The profit or loss you get is not responsible to me.
Breakdown rising wedge in D timeframe and now breaking down descending triangle. Selling pressures technically.
Pound Dollar breaking down with pullback. I’d like to go for short. * The trade you gain or loss is not responsible to me *
Gold chart forming rising wedge with stochastic divergence i.e. loosing momentum? I'd like to go for short this week. Technical analysis only, perfect entry when it breaks down the wedge, watch out other fundamental news! good luck! The profit u gain or loss is not responsible to me.
Market is in the range. I would like to go for long position for a samll period when it hits the defining support area.
Market in range or gonna breakout the resistance? If breakout, wait for pullback n go for long! Be patient, *the profit u get or loss is not responsible to me*