Gold sell setup ahead of FOMC MeetingWe few drawn trendlines
The outer trendline and the inner trendline which the market is approaching as it stands.
Factors and reactions i see now on the inner trendline
H4 Momentum slow down to the upside
More to be concluded in the later hours Tell me what you think?
Paitience
EURUSD Insight before NFPNon farm payrolls coming up all technical and fundamentals to be put to the test today let's go traders bring it home.
Well from the weekly up to our lower time frames the EURUSD is in a clear UPTREND we should be looking for buys only now.
Confluences
1.Market on the 4h time frame has been consistently Breaking structures.
2.Market has been and should continue to create more higher highs and higher lows.
3.Our last intent movement was to the upside
4.The market has been slow at retracing to the downside
All that's left is to wait and see
N.B This is not a signal it's a overview be sure to confirm through your back tested strategy before executing any orders
GBPJPY Outlook last Wednesday of August trading dayI Expect to see some futher continuation to the downside let's look at the reasons why.
Confluences
×Market is failing to make new higher highs nor is it creating any higher lows so it means there's a short-term loss of intent for price to roll up.
×On daily structure we currently didn't manage to close above previous lower low point
×we in a down trending market why would we want to oppose what we see happening.
Some liquidity taking and few candlesticks confirming should result in us taking sells.!
Feel free to add input because in this trillion dollar market we learn everyday
GBPJPY Current outlookAfter a surge impulse move up yesterday we seeing the market slowed down now taking liquidity in my opinion it would be best to to execute any trades till we get a break of structures retest moreover some major confluences into our pot and top it of with continuation candlestick patterns for now we waiting while liquidity is been taken out