For the followers who follow my previous short trade around D point, please pay attention to the green zone if you are a short or middle term trader. For long term trade who hold positions more than half a year can ignore this idea. In the green zone, the EURUSD may have a good support. If you short previously, you can take some profits here first. There might...
Price around 110.7 and 112.1 are two potential price zones for us to take note and short if price action is good.
Check my chart and you may get some idea. To me, no matter USA increase interest rate or not, Gold will be bully anyway.
As per showed in the chart, here is the prediction for GBPJPY
Please check the chart
Good to see that Blue Cypher pattern is still valid and do you find that today's price action just happened not very long ago? History always repeats itself in its own way.
Check the price action at 2036 and can consider to long it.
Hi if you checked my previous EURUSD trade idea for Long Term Trader, we have earned a lot from there. Now we watch closer to see what would happen to EURUSD. Based on daily chart (you can also see from 4h chart), EURUSD has effectively breaks a important support zone. We just need one more daily bar closed below this zone then we have no worry to continue hold...
Our Previous short trade around 1287 was successful but has not reached our final target 1235. Now the gold price seems to bound up to 1273 then drop to 1236 which is our final target. Risk seekers can long around 1244 to 1250, target 1273. Others pay attention to 1273 and check the price action then short it.
Just check the light blue pattern coincide with the uptrend channel support. It might be a good idea to long USOIL around 39~39.5
Plz note that it's long term trade setting.
Sorry guys, I was too busy to publish a XAGUSD trade opportunity. Hope it's still not too late for u to trade now.
As title indicated, you can check the price action reaction to decide to short or not.
There are two potential price level you can consider to entry Long position for GBPUSD: 1.40991 and 1.38344. Entry the long position based on candle actions and your own risk acceptance. Set your own SL (which should not more than 5% of your overall money) PL: 1.46
Long GBPUSD At 1.406 or 1.383 TP: 1.465 SL: Based on your own money management
Entry Short Positions based on price momentum from 1287 to 1291.
For those traders who trade with at least weekly/monthly chart, here is another butterfly pattern for your consideration. Short now until 1.027 then Go long with the proper price action. The whole trade may cost around one year time.
Check the price action at 2036 and consider to take long trade.