In the past days, we have seen XAUUSD Price create an uptrend channel from 2400 to 2531 thereby making 2531 the ATH on XAUUSD . On H1 time frame, XAUUSD has successfully danced to the tunes of trendline by having 3 close contacts with the trendline. Should we expect a 4th contact??? 🤔 Price seems to have respected the ATH resistance level Could...
The GBPJPY currency pair has been attracting attention recently due to its notable price movements and trends. Traders are eyeing potential opportunities for short positions based on technical and fundamental factors that suggest a bearish bias. This analysis aims to outline the reasons behind considering a sell position on GBPJPY. A clear bullish trendline has...
Breakout and retest strategy ----‐--‐--- Like, comment and follow for more juicy trading ideas
Breakout and retest strategy Like, comment and follow for more juicy trading ideas