The dxy is forming a double top, we're expecting to go lower on USD. Keeping that in mind, gold up followed by xxx/usd. Usdchf is a sell and usdcad already made a push down it is safe to say first tp is daily resistance but I'm swing trading this pair till 1.11700
I sold this two weeks ago we're still at resistance and by looks of last week we failed to break it, I see another touch on the daily resistance then continuing downwards. I will give this signal to my group looking good.
We have struggled to break this resistance a few times now, once this has broken out of consolation we will be trending. I've read that we will still see gbp bearish for a while till next month when we determine what's happening with the UK.
Ive been watching the pair closely and when it rejected daily resistance I sold &I got a sniper entry. I'm placing another entry round at this lower timeframe sl -30 pips target 200.
We're at a good price to go short for 100-200 pips, I've put first tp at daily because it may reverse to the upside. We can expect usd to go even further because the USD is bearish and up coming weeks we're continuing downwards.
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Broke previous support to make a new LL. I think we're going down still. Join my signal channel for free, friendly group with great risk reward. Price action trading.
