Gold showed weakness to the downside while price still maintains at current level. On h4 we can see that uptrend is still in place. Just waiting for pullback at 2332.00 to execute. This is just following the trend analysis with good entry. Risk responsibly.
GBPNZD is still respecting the channel for now, no sigh of breaking it, we got a nice pullback to retest the channel. 190.600-190.700 nice zone for a sell ** You proper risk**
Still respecting the descending channel. We just took a selling position. We might see GBPNZD retest major support at key level 1.88000 Our tp will be set slightly above that since many buyers are looking to enter at that level.
Buy limit 145.300 As of now, the euro is still stronger. We are seeing a minor descending channel. However we are still in the ascending channel If we see 145.300 level get retested, we will take a buy around this area and look for TP at 146.300 (100 pips)
GBPNZD has been respecting h4 channel. We will need to see more movement to make a final decision. We will either buy at 1.88100 - 1.88200 or sell at 1.91000
Hello everyone, Been a while but we back! 2023 lets go. Beautiful chart. Remember place sl at break even once we are 20-30 pips in profit. Have a wonderful weekend
Very risky.
Hello Traders, after smashing gold it's time to take a pair that is less volatile. Looking at the NZDJPY, there is a lot to take into consideration This trend is still very bullish. Respected trendline at 78.500. Criss-cross trendline has been respected. SMMA 100 well rejected on H4. Formation of head and shoulders. TP around 78.300-78.400. Goodluck
Simple set up. 61.8% was well rejected.
Welcome back traders. Taking a trade here on GBPCHF. -Price is currently retesting trendline. -78.2% level of Fibonacci -Completing the right shoulder. TP: at 1.28000. Once up 30 pips. SL above break even. Goodluck
Planning this trade ahead of time! We see a head and shoulders formation between 61.8 and 78.2. Testing trendline. If you also look on the weekly timeframe, there is a trendline that the pair is currently rejecting. I will update and notify, if sell limit gets triggered.
Retesting major trendline! Rejection on 78.2! Psychological level at 168.000. Entry 167.980.
Welcome back traders. From my previous post on gold back in the 1700s. We are now making way to surpass the 1900s mark. Early this morning gold broke Weekly/daily resistance circa 1885-1187. However Price now reached 1895.00. We are expecting a correction before seeing this price rally to 2000. Breakdown of what I expect: - I expect the price to do a pullback...
Hello everyone, -Market has been bullish since double bottom. Institutions are going to try to make the price more affordable before we see higher highs. -If we look on the daily. We are at a key price level (resistance) January- February 2021 - Next target : 1845.00. to test support zone. Reminder: This is my own opinion. Wishing you luck
Gold has come back a full 61.8% retracement since ath. We saw a nice rejection at the 61.8. Price recently passed resistance, testing support and Fibonacci levels to make new highs. Goodluck traders. Risk Wisely.
Long term, weekly candles continue to reject 0.78% showing great support at this level. Retesting triangle. Head and shoulders in the making.