Long gold broken trendline double bottom risk profile at best
1.Double top daily timeframe 2.broken trendline and retest 3.price action below 200,50 EMA Keep your chart clean and simple
1-Broken channal 2-break recent structure and come back to retest 3- 38.2% fibonachi 4-price below 50 , 200 MA
1.Monthly ,weekly, daily trend is down. 2.broken and retest 4hour trendline . good risk reward ratio trade safe
1.trend is down 2.rejection of 50 ma 3.weekly, daily,monthly resistance
Short on EURUSD based on head and shoulder pattern
GBPUSD New Lower low expected watch for price to enter short
1.Long term trendline is broken. 2.Recent higher high, higher low. 3.ABCD pattern completion.
A lot of confluence show that GBP is going down still not enter this trade need more clue in lower time frame 1.50 target one 1.48 target two
Bearish on Gold till the last lower high violate at 1340 , so till then we may create another lower high signal for another leg down to 1200-1150!
Basic trend Continuation system followed by pure market structure, though this daily time frame but you can follow it on the lower time frame also by following lower high and lower low keep your chart simple and clean follow your rules have nice trade
We have a big bullish Gartly Pattren with a perfect ABCD Pattren on daily time frame and 1200 level is also consider a psycho level so watch this level carefuly it could be the last low this year till we go 2000 again !!
one of the best pattren have a nice risk reward profile