USOIL! WOW...What a move into the upper resistance testing the highs! We're looking for a retest of that level on this and a potential short entry to target this lower into support. We'll keep an eye on it and share our thoughts if anything changes, at the moment if it breaks above that level and closes we won't enter. GreenGateFX
GJ! We've done well with this pair over the last few months trading it in both directions using the support and resistance levels which we have shown on the chart. Now we're looking for that higher level to hold and then move down could be on the cards, its something to keep an eye on but trade carefully. There is a lot of news driving the markets at the moment...
GOLD! Its gone into our previous target and the structure is very bullish, however, we would not rule out a flush on the buyers down into the lower support region before coming back up to target the recent highs created last week. We have a lot news that is causing havoc across the markets so we're taking it slowly across the board, any movement due to a news...
BTC! Ok, we've done well with this over the last year or so and can now see its rejected at the level we identified. What we want to see now is does this continue down to test that support level....If it does it could be a good opportunity to long this into recent highs. Trade this with caution!! GreenGateFX
We've done well on this pair over the time we've been here using the support and resistance levels as guides to our trades. Now we can see a potential H&S on the daily time frame which could mean that this support level below may break!! Keep an eye on it. GreenGateFX
US30! Its rejected from the trendline retest so we would have expected this bounce. Our trades have hit the targets we wanted on this so now we'll wait for the retest or for the resistance level to reject the price. GreenGateFX
GOLD - News is driving this in to the 1900 and maybe even higher. We're looking for that 1917 level and a potential double top to see what happens on this precious metal. Any pullback could be an opportunity to buy into that level above. GreenGateFX
We're keeping an eye on this at GreengateFX. If this supports at the retest of the trendline it could be forming an IHS on the daily which would push this up into that resistance level above. GreenGateFX
GJ! Is this going to give us a triple top and reject here! Would be a great trade if it did come back down to target the lower support level. Its worth a test on the resistance level with a good risk strategy in place. GreenGateFx
US30! This has completed our move to the upside but we would like to see this target the lower support level. As long as it holds below this level we would like to see a test on the support below before maybe moving upwards again. GreenGateFX
GOLD! Looks like it wants that test of the trendline to maybe form a double top on the daily before coming back to support levels below. At the moment, bullish with targets above. GreenGateFX
BTC! Currently at a resistance level which we're focusing on, a break above over the weekend will take this higher but coming back towards the range low could entail a retest of the trendline which would not be good news for BTC. We would have liked to have seen this break above in a forceful way and move above 50K, however, looks like they're gathering enough...
This was a nice a nice swing trade for us and came straight down into the target area. We'll now look for this to find some short term support and maybe start the retracement it needs after that movement. GreenGateFX
BTC - Last week we said we would remain bearish on this as long as it stays within this trend and the higher level acts as a resistance level. Today we will suggest the same, as long as the trend is in play we will be looking for lower pricing on BTC. GreenGateFx
We're following the short term trend on this and targeting the resistance levels above. We would say as long as this trend holds we could see this target the levels above, however, we have NFP this week so there is a chance we will see some ranging sideways market movement until then. GreenGateFX
We managed to get in on a good short on this earlier in the week bringing us down and beyond the support region we were looking for as a target. We can see this coming down into that lower support area again and potentially stalling before NFP later this week. GreenGateFX
UC has rejected at the key level resistance above and looks like it could start a decline from just above. We're looking for this to break the trendline running from the low and then retest where this could represent a good opportunity to short it into the lower support levels. GreenGateFX
Welcome traders. We shared this Gold Fractal last year to give traders and idea on how Fractals work and what to look out for. As we know the markets repeats itself which is why we use chart patterns and Fractals to give us an idea of what the potential movement on a pair can be. Fractals are never 100% but when drawn up like this you can see how effective...