Today's play looks at XAU/USD going long with strong confluences on the 4hr & 1 hour showing reversal along wihth the positive reaction on the 20 EMA at key support level 2381.771 which means that we should anticipate a move up to 2396 and further continuation to 2420. I shall be managing this trade to full TP and will look at new highs being set...
My take on todays's intra day session and possibly heading into the new week is generally looking for the continuation of the long extentsion to the upside above 1.07861 which would support the weekly, daily and 4 hour tf narrative that we're about to head into an inefficient market cycle supporting the strong buy narrative, however we do need to see a retracement...
GBP/USD Swing idea in Play completing an efficient market cycle and about to begin an inefficient mareket cycle to the upside.
Trade idea for EUR/USD Swing Position wich shows the potential of going to the upside based on the ending of an efficient market cycle and also Wyckoff accumilation.