Downtrend
✅GBP_USD SHORT FROM RESISTANCE🔥
✅GBP_USD is trading in a downtrend
Along the falling resistance line
Which makes me bearish biased
And the pair is about to retest the resistance
Thus, a pullback and a move down are expected
With the target of retesting the level below at 1.207
SHORT🔥
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BANDHAN BANK - DOWNTREND BREAKOUT" DOWNTREND PATTERN BREAKOUT "
Entry Level : 260
SL : 225
Targets : 300,335,370+
52wk High : 275.90
52wk Low : 182.15
Mkt Cap : 405.30 B
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GOLD Potential Trading Plan! Sell!
Hello,Traders!
GOLD is quite volatile now
So any trade in any direction
Will be risky, however, for
Those still willing to trade
Here are my thoughts:
GOLD broke the key horizontal
Level of 1859$ while trading in a
Downtrend so after the pullback
And retest we can be expecting
A further move down
Sell!
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EURAUD I The Perfect Trade Set Up for This Week! Welcome back! Let me know your thoughts in the comments!
** EURAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Chart of the WeekFollowing up from last week, the Pound moved upwards on Thursday and Friday but the luck of momentum was obvious due to the establishment of the current downtrend. The weekly candle closed bearish therefore this week we expected to see more weakness in the pair.
Also, the Daily candle on Friday closed as a bearish reversal due to the selling pressure accumulated during the New York Trading Session.
Therefore short trades will be ideal the first week of October