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GOLD 24/09/2020Price formed a descending triangle, broke the support zone and now is going to retest it. Wait for the confirmation with the candle´s closure
GOLd confirmed LONG SETUPoverall we have an uptrend in higher timeframe. weekly and daily.we see price currently trading on a highly liquidity level trying to fake out people. around 1690.00 . we have multiple confirmation from weekness in the market by the wick or big long tails from the candlestick, respecting the overall trendline for the third bounce.in lower timeframe like 15min we look for a breakout of the consolidation on the wicks are to confirm our entry. stop loss below the previous low and traget around 1722 level
AUD/NZD short for 200+ pips, strong NZD CPI confluenceAUD/NZD short order was activated last night. I am trying to use orders as I've been busy and missing trades. I'm not too keen but hopefully it can work out. Prices have pulled back to weekly resistance and the golden 61.8 fib. New Zealand CPI recently beat on a Q/Q and Y/Y basis and should offer bullish pressure for NZD, while AUD has been weak recently. I'm looking for prices to hit 1.0520 for 225 pips with 50 risked (1:4.5 risk/reward)
