Target
GOLD: Bullish Continuation & Long Signal
GOLD
- Classic bullish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Buy GOLD
Entry - 2305.9
Stop - 2277.7
Take - 2352.3
Our Risk - 1%
Start protection of your profits from lower levels
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USDJPY: Short Trading Opportunity
USDJPY
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short USDJPY
Entry Point - 157.13
Stop Loss - 157.60
Take Profit - 156.29
Our Risk - 1%
Start protection of your profits from lower levels
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USDCAD: Bearish Forecast & Bearish Scenario
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current USDCAD chart which, if analyzed properly, clearly points in the downward direction.
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APPLE: Weak Market & Bearish Continuation
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the APPLE pair which is likely to be pushed down by the bears so we will sell!
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USDCHF: Bullish Continuation & Long Trade
USDCHF
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long USDCHF
Entry Point - 0.8962
Stop Loss - 0.8918
Take Profit - 0.9042
Our Risk - 1%
Start protection of your profits from lower levels
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QQQ: Expecting Bearish Movement! Here is Why:
Balance of buyers and sellers on the QQQ pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the sellers, therefore is it only natural that we go short on the pair.
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GOLD: Price Action & Swing Analysis
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the GOLD pair price action which suggests a high likelihood of a coming move up.
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