With the new end of restrictions and the opening of many business and with this retest we can expect the gold to fall a bit this week with the impact of the world first moves
As we can see since some weeks ago, the price as been respecting this area very well. Before the market close on 22-05 we can see a breakout for the down side and a fake out right next. We can see that is a fake out because the price came down again. And now is expected a nice retest and a clear confirmation for the sell oportunity. A good Stop Loss with around...
Will be looking for a sell on the top till the trend line and a buy from the trend line to the top
With the opening of the market we can expect a new daily candle to make a retest and then start going up by some hours affter the opening. The price broke the wedge pattern and is geting the right rejection.
The price of EURUSD made a good reversal so far and its possible that this week we can see a break full for the upside, affter last week came till here but we didnt get so much power for the bulish continuation
We can see a possible double top here, and we must wait for this important confirmation bellow before any entry. This still can be a Long position if there is no confirmation of the Short side.
We can see a possible full reversal and the right side of possible double top.
At this moment the price is in a bulish momentum and we can see a triangle pattern channel that must be completed in a bulish way. Its clear also to see that the price is between a strong support and resistance zones. Must wait for confirmations for this.
We can see a very strong support zone and the price in the last 2 hours have made some clear rejection here. Its expected to rise at least 100 pips. Only avaliable if still get rejection and reach the entry target !
This analysis is a continuation of my previous of last week. Affter break the trend channel now we can expect the price to keep going down. We have a double top formation and a retest
Is expected the price to start going up and trying to complite this kind of channel.
We must wait for some nice confirmation of bulish movement before enter this position
Affter touch this important support zone, the price is showing bulish reversal moment as a confirmation of this we can see the higher highs and higher lows affter and a new trend line formation.
Affter came back to retest te support, we can expect the price of oil to go up again
Affter break a down trend line we start see a formation of a new up line trend. Its possible to see the up trend respecting and rejecting right ehere the support zone is. So is expected for this pair that can go up at least till the next strong resistance or very close. The RSI is in oversold and is another good confirmation for possible buy positions.
We start geting a reversal on eurgbp and at this time the price is respecting very well the price action markect structure. Diffrent than some other pairs that are very crazy lately this pair seems to be a good pair to trade. With the RSI we can expect the price to come up and when cross the key level of 80 % we can start thinking in sell positions. Lets see if...
The price breakout this strong support at @26814 and its retesting before keep the journey going down of this week.