lothsAustin

lothsAustin

Due to the Russian Bank statement yesterday Gold is expected to continue its bearish trend Sl:1601.01 Entry :1590.89 Tp : 1555.94 Avoid getting greedy Gold is highly volatile Use Risk Management

lothsAustin

Going back to my December post we took short of this pair right and managed to reach the main Liquidity supply zone now we expect to go long from here but we should look for signals in lower time frames also we still seeing the Bears have not yet give up so be alert not to loose your account use risk management

lothsAustin

The pair managed to break previous support/resistance level continuing the bears rally meeting 2017 lows I expect a little bit pull back before we decide the direction of this pair as we can see Bears are getting week May be Bulls orders are starting to fill the market

lothsAustin

Yesterday the pair reached Resistance Zone again expecting us to get a clear chance to go short again . Seeing the Weakness of dollar at this time of Impeachment news .Also it's might be retesting the trend from July which it broke twice . So be careful with this pair Chances Are SL:0.69561 Tp1:0.68508 Tp2:0.68054 Tp3 : 0.67537 We can Start to expect rejection...

lothsAustin

Last week we saw investors short orders coming in and dropping the pair to 1.30164 After what The Uk PM Johnson said about the Uk leaving EU by the end of 2020 and the deal may struck back quickly it pushed , the Pair to a major support Chances are: SL:1.28420 Entry :1. 30200 Tp1 :1.34162 Tp2 : 1.35960 Tp3: 1.43584

lothsAustin

Earlier this week we saw buyers trying to push back into the market but its already in Bearish move Using Fib Retracement we on 0.618 Chances Are Move to continue on next week with SL:1.1205 Entry: 1.11511 Tp1: 1.10553 Tp2: 1.09791 Tp3: 1.08860

lothsAustin

The pair is approaching a clear resistance level 1 : 61.5 which gives us opportunity to go short Chances Are SL: 61.88 Entry:61.5 Tp1 : 58.96 Tp2:55.28 Tp3:51.50 Use Risk Management Avoid getting Greedy

lothsAustin

For Several days there have been neutral fights between sellers and buyers as it approaches the trend Chances Are Gold will fall Sl :1482.039 Entry:1480.640 Tp: 1452.552 Avoid getting Greedy use Risk Management

lothsAustin

From the daily time frame we can see that the sellers are getting in and The Bulls have loose their momentum In The Selling Zone Am Expecting to see a little pullback to give us a clear entry for selling Chances Are: SL: 83.675 Tp1:81.753 Tp2: 79.838 Tp3: 78.210 Use good RiskManagement Avoid getting greedy

lothsAustin

The Pair is Approaching the trend line slowly and buyers seems to loose momentum chances are sellers will take control of the market SL:0.66369 Entry:0.66124 Tp1 :0.65072 Tp2 :0.64285 Tp3 :0.62054

lothsAustin

The pair has closely shown the buyers getting weak as it approaches the Trend line Which seems to be obeyed Possibility out comes will be Sellers order start to come in Sl:17.457 Entry:17.128 Tp1:16.220 Tp2: 14.289

lothsAustin

Yesterday with saw sellers coming to the market and creating New Weekly Low clear signs of going Long Are seen but need of wait for today's candle closing might get some pullback from the sellers as they were strong from preceding candle Chances are Sl: 0.97636 Entering :0.97881 Tp1: 0.99123 Tp2: 1.00278

lothsAustin

The Pair now shows signs of movement I took Short Position Basing on closing of the Daily candlestick Use Risk Management This Pair has a lot of volatility Avoid Getting Greedy SL:1.12003 TP:1.0885 RISK REWARD RATIO:5.26

lothsAustin

We might expect a little pullback from buyers but the Pair still shows obeying the Bearish trend The Trade has Good Risk Reward Ratio

lothsAustin

The Pair Reached The Trend from February 2019 We expect little pullback Before the drop down Look For Entries In Lower Time Frame Risk Management is the Key Avoid Getting Greedy

lothsAustin

From The Daily time Frame we see That the pair crossed the trendline and bounced back which tells us That the pair obeys the Trend which is Bullish Look For Entries in Lower time Frame Use Risk Management

lothsAustin

From the Closing of the pair Last Week we saw closing of three pin bars on a daily time frame And From the Dollar index the trend line is bullish The pair looks bullish Use Risk Management Avoid Getting Greedy

lothsAustin

Following The Win Of Brexit Conservative Party The trade is clear bullish which will go to the supply zone of :1.43410 Use Risk Management Avoid Getting Greedy