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US30 may CRASHWell crash is abit exaggerated but i think US30 will continue to fall throughout the week with alot of pips to be caught! As you can see last week price failed to make a higher high and rejected a major resistance level, price has plumeted breaking all previous key levels and it doesnt look like its stopping any time soon. We are currently breaking another support level, we are simply waiting for a break and retest nothing complicated thats how we like to trade here at AshFX, nothing complicated about that right? Please give a thumbs up on the post and comment your thoughts or questions you may have. Let AshFX make you are more consistent and profitable trader, come learn our strategies and techniques, we would love to have you on board! Show the support and follow this page. See you guys soon in the AshFX community, Good luck, stay blue, Ash.
OANDA:US30USDShort
by Ash_FXtradingMadeSimple
4
Will gold fall or break out the decending triangle?We cant be certain for sure where gold is heading, my overall bias on gold is a push to the upside, but as with everthing we need to wait for breaks and retest and confimation of the move. If gold makes a push to the upside i belive we will see price rally up to the extreme high. If we break that major support we will see price fall to the next resistance. Whats your thoughts on gold please comment below. Consider following our tradingview page, and please check out the bottom of the page for more tips and pips. Good luck, stay blue, Ash.
OANDA:XAUUSD
by Ash_FXtradingMadeSimple
Called out a sell now im telling you to buy, PRICE ACTION ;)Well dont buy yet we have to wait for confirmation. Let talk about the sell first. Price is in an overall uptrend, we was following this trendline all the way up to the top of channel, as predicted we would have some sort of reaction at this pinnicale point. As we broke a previous support level we was waiting for a pull back into this zone before looking to get in on a sell, unfortunantly i didnt get what i thought was a strong enough pull back to the resistance zone, the analylis was sent out to the AshFX team so im sure some of them got in on this trade. Im sure i said looking at a short term sell to the next support level with a view of looking to go long at that level, which brings us onto the buy scenario. We are simply waiting for a clear break and retest of that major support level with the idea price will continue to push up this channel to the upside. Tip: sometimes you predict that price is going to go in a certain direction but you cant get an entry for one reason or another, for one be happy that your prediction was correct, and secondly well done for staying disciplined and sticking to your trading rules, discipline is key for longevity in this game. Any questions feel free to comment always happy to help, If your new to my page please consider following, Good luck, stay blue, Ash.
Long
by Ash_FXtradingMadeSimple
1
Potential long opportunity 100pip move?As you can see we have a clear breakout of this small down trend, looking at the daily and the weekly time frame this is still a very bullish pair. We have just broken what was a resistance level, currently waiting for a retest of that zone to make sure this level holds up and can be classed as a new support. If we find an entry on this pair intial targets will be the previous high, possibly targeting the daily high. consider following me on tradingview that way you will get notified everytime i drop a post, Good luck, stay blue, Ash.
Long
by Ash_FXtradingMadeSimple
1