Auusd
Gold Short Hit weekly Resistance called the TOP AGAIN Yesterday I posted a chart on gold indicating important levels and showing that there is weekly resistance here. As well with this yesterday in the chat room I told everyone to go long gold to 1550 no one believed me but I made crazy money. This market is very predictable just follow the liquidity I could do this all day.
Buy on the pullback to necklineAnother chance to buy AUDUSD.
Head and shoulder pattern was formed and now we can buy in the pullback to neckline.
Signals:
1. at this time, Neckline is the support level
2. pullback to neckline in head & shoulder pattern
3. 50% retracement of last bullish move
4. round number 0.72
Buy = 0.721
SL = 0.719
TP1 = 0.726
TP2 = around 0.734
AUDUSD Watch For a Sell Setup at Slide ParallelThe slope of price in AUDUSD -0.55% is very active making the slide parallels of the median line key levels to watch for price action. Last time price reached a slide parallel, it reversed now heading to the down, We might have a retest of this resistance level , and in case we have it we should watch for a sell setup with a potential tp the next active level acting as support.
Potential Cypher Pattern Completion AUDUSD 4hrThis chart is truly self-explanatory if you are long before .75000 at this point, Contact me to notify your willing to Paypal.me the capital you will otherwise be losing in this market lol. Believe me don't beat yourself up over the holiday season spread the cheer!! lool.
Gold is Bullish 1310-1340 Must Occur!Every long term chart such as the SPX 500 or Dow Jones has the same historical factor. Once a trend is broken it must retest the support line to decide if there will be a new trend or not. So as we can clearly see in the chart the support was broken. We must retest the support line! Now we will have two factors for the long term. However it is bullish in the medium term.
1. If we break through it the support line shall become resistance.
2. If we don't than we can officially say bearish trend has started.