So price got messy and didn't respect the push up we simply got a pump and now price is back in a much easier zone. The next level ill be watching for buys is 1.69400, if we see rejection from here once more ill be look at taking advantage for a long back to 1.7 at least.
Looking for price to make a pull back very soon for either a longer term move down or just a retracement before then going higher, we are approaching a nice level of resistance now so ill be monitoring price around this region.
Looking for rejection for a double bottom around the buy zone. After catching the nice short move to current support all profit was closed out and was expecting a move up to continue the down trend pattern or possible reversal, its always risky going against the overall trend but as I explained the other day once we see the initial push up, if prices fails to...
Looking for a right shoulder to form giving a nice opportunity for a long term short position. Look for 4 hr rejection from the sell zone to confirm entry, we may not see the move this week but ill definitely be on the look out as this resistance level to hold strong and create if not a long term position another easy opportunity for a quick move down.
Just trading the obvious downside trend, looking for rejection out of the sell zone to create a failed push up ( right shoulder ) then targeting firstly the area of 0.96200 where ill be taking 50% profit and riding the rest and break even!
Ill be waiting and watching price around the previous resistance (1.70400 ) to see if we can create a new trend to the upside or if price is going to just fall straight back down to 1.69500. Be patient and wait for confirmation before looking at taking a trade!!
So price has just taken out my stop at breakeven and I'm looking for further confirmation before entering again. Be patient and as always risk manage first!
Looking for price to once again push into this minor resistance to continue the consolidation range we have created. So ill be looking for a spike into the resistance sell zone of 1.70200 then shorting from there. Good luck!
Looking at price making a rejection from the buy zone highlighted to at least take out the level of 1.47000. If entering this trade Ill be taking 50% profit at the resistance of 1.47 but hopefully we can see a trend continue to the upside!
Looking for price to once again reject this support for a a huge upside potential. We have created a nice support off this supply zone at 1680 before so once again I'm looking for a rejection or right shoulder move from here to take price to at least the first TP of 1760! Gold has been moving sideways on the weekly for sometime now and once again we should get a...
So we are now dipping into a major weekly and daily support so Ill be waiting and watching price around these areas to see if we can jump on a long from another spike rejection to the downside! For now just watching and waiting!
I have explained I'm looking for a continuation higher on USDCAD so if we can get a little retracement ill be looking to jump on long trades. 1.31000 is the main area I'm looking at so if we see some support or a nice spike into this level ill be entering buy trades!
Ill be looking for further rejections spikes into this highlighted zone for more easy buy trades. Price isn't making any real major moves apart from multiple rejections from this zone.
Pretty simple but I am looking at jumping on some continuation long trades as I have highlighted 1.31000 is the main area ill be watching price around!
Looking at a early break of current support level as the US dollar continues to serge. If we see a little push up retracement from current level I will be looking for shorts if we get clear reversal candle formations ( evening star etc)
Still holding shorts as price trickles to the downside, but we are running into a big level or weekly daily support where I expect to see some upside from. I will be updating when price reaches this area and probably closing all of my short position.
Still have 50% of my short trade running risk free, but I'm looking at possible rejection off the supportive area of 0.99200. It may not be this week but Ill be looking for candle rejections and reversal patterns off that support to take a long trade.. the other option is price breaking through that support level and keeping the profit going on my short. Very...
Hey guys just updating my position on GBPUSD nice push down straight into profit and risk free from entry, have secured 40% profit and now just letting the rest run risk free.