GBP/USDgbp/usd awaiting confirmation...
Multiple time frames always help you get a better understanding of where price is heading. History tends to repeat itself as they say.
Zones
XAUUSD SHORT XAUUSD FINALLY TOUCH THE MONTHLY SUPPLY AREA SO I AM EXPECTING A VERY LONG TERM SELL , BUT FOR NOW WE CAN SEE A REVERSE MOVE FROM THE CURRENT LEVEL AS WE KNOW ABOUT GOLD IS IN VERY BULLISH TREND FROM LONG TIME AND IT WILL TAKE TIME TO REVERSE THAT LONG TERM TREND
GBPUSD analysis on H4GBPUSD is at a strategic support level on the 4-Hour chart on the drawn trend line. the currency pair has shown a strong up move in the recent past and minimal bearish moves. Our stop loss will be placed at 1.24669 while out take profit will be placed at 1.26208,1.27701 and 1.29580 respectively.
This post does not provide financial advice. It is for educational purposes only.
CADCHF long I see price testing off the top of this zone for a continuation to the upside
- let my know what y’all see
GBP/CAD SELLS - 1.73159 Potential Target AreaPotential SELL Position on GBP/CAD - 1.73159 Potential target
Cad Jpy ShortThis the short opportunity I see on CadJpy. Price once again has rejected at the 78.00 region. Before this price had trended up to form a rising wedge and now has broken lower again. I will be hoping to take this pair back down to the support area at 74.000 again.
EUR/JPYIf it closes below the zone the probability for going down is high.
If it coloses above the zone the probability for going up is high.
XAUUSD (GOLD) Bearish ScenarioGold has been very bullish and seems to have lost its momentum....im expecting a retracement before any further rise.
I have marked the possible levels that price may visit and react to.
EUR USD SHORT 200+ PIPSStructurely on the HTF we are at monthly and weekly LH the trend has been strong for a couple years
weekly time frame we see a Potential H &S and a retest of the weekly and monthly LH
Daily we see price stalling in the zone
H4 where the entry is at the top of the consolidation
moniter H1 and lower for LTF transitions to continue entering
NFP tomorrow will be crucial
anticipating dollar bulls
Continue to but EURUSD EURUSD broke the descending triangle...Buy at 1.13289 first take profit at 1.14044 and second one at 1.151162.A friendly advice is that wait for the bullish right flag formed in the 1 hour time frame to be confirmed then but after breakout.The marked triangles are respected zones,see what patterns are formed in smaller time frames then move stop losses up or re-buy.
EURNZD in the channel. Testing resistanceHello guys, the price has tested for 3 days the strongest resistance on mid term EUR/NZD. I think it will fall starting from today and closing friday... 4 days of time for a bearish bias to form.
Let's see if it goes down!
Happy trading to all.
one of two ways as alwaysPrice will either bounce off and continue up or break through buy or sell accordingly.
Oil PredictionsOil broke below the range it's been inside of for the past year and I'm expecting it to fall lower to the ~45.50 demand. There is decent supply on the daily where I will be going short. I'm expecting price to fall from 54-52 down to 48. We could have some trouble falling below 51, but overall I expect prices to break through. I will use a 1:1 target to eliminate risk and a manual trailing stop to manage the trade on the way down.
Entry: 53.27
Stop: 53.28
T1: 52.97
T2: 48.00
CADJPY possible short.Hello guys, I found a good opportunity. Just want to tell you to wait for the downtrend confirmation, so we don't get fooled by a zone breakout.
AUS200 7 FEB 20 - Bearish outlook.Hello guys, I expect a mega ascending triangle breakout on the level of 7033. Probably it will keep its bullish ride to the top of the triangle, and then it will drop, so i'd wait to open it. we just need a confirmation, and then I'll open it at the breakout point with a target on 6887
