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EURGBP BEARISH CONTINUATION ? EURGBP is still very much bearish and is in a critical zone. This is a potential liquidity zone if we examine the charts from the daily time frame (0.8300), a level that has been protected for 23 months. Smart money will be very keen on taking Sell side Liquidity to activate stops at this level. We are anticipating a big flush to the downside, however if there’s enough bullish momentum, we may see a bullish reversal from this point. We are currently paying attention to price action around this level to see what the market is deciding to do from the lower time frame.
by Sage_Trader
XAUUSD Long !XAUUSD LONG UNTIL 1869 I will keep this short and nice. Not financial advice trade at your own risk. I have been looking at gold for a good time now since last week and finally after a push to the downside while Jerome Powell spoke today. I think gold is at a cheap price level after taking out a lot of buyer from January 19th its looking perfectly at a level to move to the upside to 1869 and its also at a strong FIB level for a bounce as well. I will be looking forward to enter trade with a good price action with nice momentum. More likely when the London session starts, trade safe and be smart
OANDA:XAUUSDLong
by SilverisFX
3
CADJPY H4 - Short SetupCADJPY H4 Possible short incoming as we approach this 90.00 handle, we have already extended 150 pips from our pivot point without a correction (88 handle). Even if we see a relief rally from 90.00 this could still offer us a solid 2R or even 3R. We have been trending some time and as we approach year end, I wonder if these will continue. I'm fairly doubtful and expect we may see ranges between 90 and 85 again before year close. We have our 90 whole number, 618 fib resistance and S/R from previous zone holds already.
Short
by Trade_Simple_FX
1