We can see a nice parallel channel on the 2H. There's a breakout and price is retesting. After confirmation, we can go short and try to reach 58.80
Keep it simple.
In this chart, we can see a nice parallel channel formation with strong rejection at 126.600 which is a strong zone. Let's see how it reacts during Asian session (Unemployment Rate).
There is a clear ascending triangle on Gold right now with a strong resistance zone. Now we play the waiting game and see if there will be a breakout and retest. After that, we can take a long position.
On GBPUSD there is a clear parallel channel structure. It's now at the bottom, meaning it might move upwards. It can also breakout of the pattern. In this case, confirmation is really necessary. That's when we wait for a retest. Let me know your thoughts!
On the chart, there's a clear Head-and-Shoulders structure with a breakout and retest of 1.40000
Looking for sells after confirmation. Let me know your thoughts!
We can see an uptrend followed by consolidation with a small bullish parallel channel. Now I'll wait for a solid breakout and a retest. Once I see a confirmation on the lower TF, I'll take a buy. TP-targets are based on previous support and resistance zones.
We can see a clear formation of a symmetrical triangle on the hourly chart. USOIL is currently forming lower lows and has sudden impulses to the downside. We still have to wait for the retest and confirmation on the lower TF. Let me know your thoughts!
