GBPJPY has formed a new higher high and higher low, we will look to continue with this trend by buying at the 61. and 78 fib levels that have confluence with previous buying levels 2:20 risk reward ratio.
Gold has formed a new bearish trend on the 30 Min chart, I am waiting for a retest on the fib retracement levels that have confluence with previous selling levels. I will be entering with 3 positions , for a total of 3 Risk to 33 Reward.
USDCAD has been making lower highs and lower lows indicating a bearish trend. From a technical analysis point of view , I am waiting for a pullback into the .61 fib retracement zone where there is confluence from past selling levels. My take profit will be the previous low point. The risk is quite high with this entry , so I will enter with a lower lot size and...
Gold is showing a very bullish trend. Waiting for a pullback into the .71 and .68 fibonacci retracement. Will enter for a long on the 1921 price range if there is some rejection from that price and good price action
