Looking for a short term sell before price continues up.
Looking to go long once there is a break and retest of trendline.
Reasoning for possibly going long: ***TOP-DOWN ANALYSIS*** *Weekly respected the support area *There is rejection off the daily, *The 4 hour created a double bottom with the neckline broke *And the one hour is creating structure of higher highs. I am waiting for a small pullback in the 15 minute TF before entering.
Price was able to finally break a key level. I am waiting to see if price respects this area before going long to the next zone.
Reasoning for possibly going long: *Price is moving in an ascending channel and is respecting the support area. *Weekly Ended in a doji *Daily ended in a shaven head/hammer *4 HR seems to be creating a double bottom. *1 HR creating structure of higher highs and higher lows.
Price closed with a doji at resistance Friday, looking to go short to previous support.
Price is trading in a descending channel while currently creating a bearish flag. Overall, we are still bearish however, I will not look to get into a short position until after the flag is broken.
Looks like price is pulling away from support in the ascending channel, to possibly retest previous support. Previous structure also lines up with the 61.8 levels on the fib. If price rejects this area, I will look to go short.
Looks like a break and retest along with a head and shoulders pattern forming.
Gold is still in a funky range and struggling to break pass the 1815 level. I am looking for a short term sell before going long.
GJ made a break to the upside and now looks to be retracing. I will wait to see how price reacts at the support level before possibly going long.
I am still waiting on a move to the upside for EURUSD.
USDCAD seems to be correcting to the downside. I would like to see how price reacts at the next level of support, before making a decision to buy or sell.
I see EURJPY going short before making a push to the upside.
Possible short opportunity coming up. Price made a Head & Shoulders pattern, broke the neckline and retested.
Price is beginning to move away from a demand zone. I am looking for a small pullback for a better entry to go long.
My thoughts are still Bullish on Gold. Just waiting to see if price will break out of this flag pattern.
Looking for price to pullback a little and show rejection at my trendline before going long.