hedgehoggy

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Markets Allocation
67 % forex 33 % other
Top Mentioned Symbols
AUDUSD 33% | 1 NZDUSD 33% | 1 XAUUSD 33% | 1
hedgehoggy hedgehoggy AUDUSD, 240, Long
AUDUSD: Aussie Bull
63 0 0
AUDUSD, 240 Long
Aussie Bull

The blue lines represent support and resistance derived from higher time frames, usually the daily and weekly time frame. Price has broken and tested major previous resistance and, following a brief period of accumulation, has naturally gone higher.

hedgehoggy hedgehoggy XAUUSD, 240, Long
XAUUSD: Gold on an Upward Escalator
70 0 1
XAUUSD, 240 Long
Gold on an Upward Escalator

Reasons given for why gold looks like a hold, for now.

hedgehoggy hedgehoggy NZDUSD, 240,
NZDUSD: Neutral-Bearish Kiwi
35 0 2
NZDUSD, 240
Neutral-Bearish Kiwi

It could putz around in this triangle for a bit, but we feel that it will likely break downward the same way it did in the previous two instances. Will otherwise range between the blue lines or break out.

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