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Tier2

Short NZD/USD on consolidations below 1H 200EMAMonthly downtrend. Close below key monthly level after testing it recently. Weekly range. Daily range. The 0.672 level was offering resistance for a good short at top of range last week. Coming into this week since price has collapsed significantly, there's now an opportunity to add to the short on consolidations below the 200EMA. This is Tier 2 because we are trading with the monthly level and trend. Also, since we are taking the late entry, it is a lot higher in probability.
by tradingalone
Long XAU/USDOn the monthly XAU/USD has entered a ranging mode, this puts 1400 in view as a potential top of range. On the weekly chart, we have entered a fresh uptrend. On the daily chart, we are in a strong uptrend. A sharp return to the 1190 level would generate opportunity for great long. A slower return to the 1190 level would be less favourable and I would expect to see a slightly deeper penetration perhaps to 116x. Tier 1 trade because we are at a major trendline on the monthly and it is not cleared yet; trends are not in agreement.
FX:XAUUSDLong
by tradingalone