Potential 3000+pips on XXXUSD PairsGBPUSD
We anticipate a potential bullish move towards the 1.3540 region, from there, we'll be watching closely for sign of exhaustion to initiate a short position, targeting up to 300pips to the downside. A confirmed daily close below the 1.2270 level will serve as out trigger to hold the short position with confidence,
EURUSD
For this market, we remain cautiously bearish. A 4H timeframe close below the 1.3950 region will be our signal to begin more sells to the downside targets around 1.3400 and 1.12800 zones. Until that breakdown occurs, we'll remain on the side-lines to avoid premature entries.
XAUUSD
Gold will be traded with a high level of discipline- only high conviction trades will be taken here. We're currently waiting for a clear breAK and close below the 3291.90 level before initiating any shorts positions. Until then, we maintain a neutral stance and monitor price action closely around key levels.
USOIL
We're keeping an eye on possible entry opportunities, anticipating a potential rally towards the 116 region. Updates on the setup and validation criteria will follow as price action unfolds.
Send a direct message if you are interested in more info about Capital Management.
Patience is the Way! Ieios
