price has broken through a trend line that it has been trading on. It has retested that trendline and has started dropping. I'd suggest to wait until the next support is broken and retested before getting into a short position; that is if you didn't catch the train from 1.59700-1.59900. Good luck!
EJ has made an inverse h&s. Buy the breakout of the neckline until the level 130.900. Good luck!
We previously rode this pair down and caught some nice pips. Now it's time to start looking for buying opportunities as we are currently sitting at support. Wait for confirmations before entering this trade and remember to use good risk management. Good luck!
EN has dropped beautifully since my last post. It is now currently breaking a support. Wait for the clean break and retest before adding another short position. Remember to use good risk management. Good luck!
neckline of h&s has been broken and is currently retesting. look for short positions and remember to use good risk management. Good luck!
EA has created a beautiful double top for a short term short plus rsi is overbought. Good luck!
GBPCAD broke through a resistance and is currently having a 3rd retest. if we use our fib we'll also see that its rejecting our golden zone. entry: 1.74200 tp: 1.75547 sl: 1.73939 Good Luck!
GJ has been trading within channel and has just reached the bottom. I'm seeing some hidden bullish divergence so wait for 4h to close before looking for a buy. Good Luck!
CADJPY smashed through the support line and came back up for a retest. It's currently busy forming a head and shoulders pattern after a retest. Wait for the neckline to break and retest before taking the trade. Crude oil is expected to drop as well so that works in our favour. Good luck to you all!
bearish scenario here. Price broke support while travelling in a channel which could indicate a further drop to recent lows or as low as 23. Price is currently and the top of the channel and has been rejected multiple times so it's time to set up some sell positions and see how this plays out. Good luck everyone!
Bearish Scenario A sustained move under 1954.80 will indicate the presence of sellers. Taking out 1927.20 will indicate the selling is getting stronger. This could trigger a further break into the main bottom at 1908.40, followed by the main 50% level at 1889.70. Bullish Scenario Overtaking 1954.80 will signal the presence of buyers. If this move creates enough...
i see price coming back up to the resistance level around 1940-1945 before gold goes for another downtrend to around 1925-1920. Gold prices are going to continue to fall until tomorrows NFP news. I believe then that gold is going to skyrocket...