e.achbayar

e.achbayar

We cannot clearly tell what GBPJPY want to do or where to go. It hit previous ATH. Will it make Double top and retrace or will it break up and make another ATH? In daily, its still in middle of uptrend. Upcoming GBP and JPY news will show. Until then, keep your Stop loss close. Good luck,.

e.achbayar

As we can see gold is in a downtrend since ATH. We might see short for a long term.

e.achbayar

EURUSD is having a simple run. It is heading toward a great support area where it will bounce back to check the resistance.

e.achbayar

Gold heading down for the short run and going up on the long run. It had a great pump and is little tired. So let it take a break before climbing back up.

e.achbayar

waiting for recheck on resistance and go long after confirmation.

e.achbayar

trend lines and resistance is matched perfectly.

e.achbayar

Perfect elliot wave setup. I would recommend going short after 4th wave confirmation. Good luck.

e.achbayar

I would go long after it breaks out of the triangle and tests the resistance. confirmation is crucial. we will see in time.

e.achbayar

FIB retracement

e.achbayar

Non stop hike might come to an end with double top on USDNOK and as virus hits the US hard. Rates are almost 0 and on National Emergency it is certain that Dollar will lose its strength. Any ideas are welcome. Thanks

e.achbayar Updated 

Daily fib extension coming soon. We will see how it reacts to that point. Virus is expanding more now so we might see more upside.

e.achbayar

seems like it doesnt want to go anywhere beside just stay here. What do you guys think for the directions?

e.achbayar

2 weeks in the triangle. Next week long should happen. wait for confirmation to go long.

e.achbayar Updated 

Bulls will test the trendline before it gives up. Looking for a great short. Great risk:reward ratio. Lets take this advantage and get some pips. Be patient and wait for confirmation. If you jump into a trade without confirmation its like jumping into a endless sea without knowing where to go.

e.achbayar

EURCHF long term long is awaiting for breakout. Enter trade when it makes that breakout.

e.achbayar

rsi indicates overbought market and chart shows double top. we could see potential drop on DXY. Lets see how it reacts to the previous strong resistance.

e.achbayar Updated 

Sell on the spike. We know the US30USD does not spike that often. But this time trendline will spike it and fall for more than 500 pips below. Lets see how that trendline reacts in the market. Not a trade call.

e.achbayar Updated 

FIB 161.80 extension then we will short it. Until it reaches the high, we need to be patient and go for a great short.