


Agink
so far so good, news can change the trend with spikes. more downside expected.
expectation on XAUUSD follow the arrows, entry should be considered on the second arrow as it will have confirmed the direction of the trend.
the setup confirmation will rely on the current market price trading above 0.6654, failure to trade above that point the setup becomes invalid.
NZDUSD is currently in a no trade zone from our view, the pair broke the resistance level it has previously set. The pair can continue rising without retesting the level, we will wait a clear entry point.
the pair, in my view is in a neutral level for swing trades, for small time frame and day trades, a bullish trend is forming. this trades is most suitable for scalpers.
this setup will only be valid if the current support level holds. the support is also our entry point, always remember to use good risk management.
i have been going through higher time frames to confirm the trend direction, this time frame is for the entry. follow the arrows for entry points.
Remember to always look at fundamentals before entry, major news affect the trend setups with spikes. we expect trend continuation on the pair.
The crypto respected our levels, view previous post.
BTCUSD - has showed many signs of a bearish trend and it followed through. we are currently seeing a bullish setup, the entry is not yet clear as we follow risk management. we do not rush to make decisions, be on the lookout for a bullish entry with a reasonable stoploss.
The pair has respected the set support levels, our expected target is 1.324 and higher. If you are taking the trade now, stop loss should be 30pips away from your entry.
FORECAST IS BEARISH, the duration of the dominant bias to take full control can be seen from next week. remember to always use money management.
THE ENTRY POINT IS NOT YET CONFIRMED ON OUR SITE, OUR OVERALL VIEW IS BEARISH. a trade above the rectangle support, changes our outlook on the position.
failure to break the resistance, we could see more downside movement.
Possible Head & Shoulder formation. if he support level holds we can add buy positions.
there are multiple possibilities on the outlook, our dominant view is bullish. we will place our SL at: 1.31000 if the down movement reaches that zone, the setup becomes invalid.