ForexCzar

ForexCzar

Overall trend is bearish but wait for a pull back or rejection creating a pull back till it makes it to the resistance to break the previous support

ForexCzar

Price clearly showing retest before testing resistance and going to the downside at least our potential resistance has been identified so you could scalp for buys before setting position for sells

ForexCzar

A rejection on my trend line and not being able to beat the previous various confirmations along with the Fibonacci(price closed at my 61.80)so more lower lows and lower highs(Which we’ve already experienced so get ready for a good push to the downside .Be ready 🔥🔥🔥

ForexCzar

Trend line making a bearish trend aim to take profit on previous support

ForexCzar

Well on Gold it seems to be making more bullish of a trend as you would even on the trend line so buying from the previous resistance turn support to one of the wicks for tp remember this is gold and it has an aggressive way of trending therefore always remember to apply price management

ForexCzar

So on the 4H WTI/USOIL commodities seems to be going in a bull trend for the pull back ensure it breaks the previous low low through the wicks buy using resistance 14.10 down to the next support past the previous wicks as multiple take profit also using next broken support as possible resistance and making risk to reward at 1:1 .Give as many likes thanks 🙏🏾 .Good luck

ForexCzar

Most likely looking for a short on GBPAUD once it breaks trend line