Here I get an idea that this gold is going down. Few reasons, for this to go down, 1. Chart show 1st resistance on Monday at 1790. and pricing was brought down to 1764. 2. Currently, the chart needs to form the 2nd lower high for this to go further down to 1754. 3. Although big players are buying gold, but better pricing for this gold to extend above 1790 in short...
IDEA BEHIND THIS TRADE: 1. I STILL FAVOR BUY FOR THIS SHORT WEEK TRADE, WITH THIS MOMENTUM I DON'T THINK TRADER AND MARKET WILL IGNORE THIS INTEREST TO UPSIDE. 2. UPSIDE TESTING H4 200MA IDEA STILL OPEN, I WANNA SEE THAT. 3. THAT SHARP TURN ON FRIDAY(11 MAR 2021), BUILD SOME CONFIDENCE IN BUYERS. POV: I'M THINKING THAT 1740-1745 THIS BAR IS RESISTANT WE SHOULD...
IDEA BEHIND THIS TRADE: 1. IM BULLISH ON AUD FOR IT'S GREAT RECOVERY, GDP IS SHOWING GREAT VALUE IN RECENT 2 MONTHS. 2. WE ARE AT GOOD PRICE FOR SURE, THAT'S WHY IM WANNA TAKE THIS RISK REWARD. 3. WE ARE STILL IN TREND I'M CONFIDENT ENOUGH FOR THIS TO CONTINUE IT'S MOMENTUM. SHOW SOME LIKES AND COMMENT. THANKS
IDEA BEHIND THIS TRADE: 1. Nothing particular, I think this is a great trade. 2. trend is clear and powerful. Give me a like and comment for the support. stay awesome & safe trade.
IDEA BEHIND THIS TRADE: 1. FIRST OF ALL, I planned this trade after CPI on 10 Mar 2021. From my POV, I think EURUSD is forming the bottom for sure this week. 2. I really think this pair will not break the bottom, instead of breaking the current low. The market takes an interest to test the top. 3. What I plan here we are going to top and form a lower high and we...
MY IDEA BEHIND THIS TRADE: 1. My bias still bullish for a top test for this NZDUSD. 2. NPF do play a role into this price setup, we get a better pricing for an AB=CD setup. 3. We are testing 15m MA200. FUNDAMENTAL WISE: TAKE A LOOK ON THIS ONE. www.fxstreet.com -------------------- Thanks for reading my post. Leave a like and comment. It's much appreciated. Thanks.
IDEA BEHIND THIS TRADE: 1. After yesterdays bullish move, pullback I'm looking for a continuation on this GBPUSD. 2. We got a good pricing after this pullback. 3. we got a form of higher support for this pair. 4. AB = CD FUNDAMENTAL WISE: GBP is always a strong pair ATM regardless of USD strong for time being. I still think we own this chart a test top. I really...
HI ya guys, EURNZD is bearish, ATM. I think at this momentum it will break the recent low with high probability. I looking for more setup. I will update more if any. Cheers mate.
Hi just found this on 30m GOLD chart. I think it's a good trade.
Just found this trade after Interest rate. I thinking this outcome is going to play out due to DXY currently is look for more upward movement.
It's trending upside, and there was too much reason for it to go up in this period.
USD dropping~ If it closes above the trend line, will look for a signal to go long this pair.
This is the follow up idea of USDCAD I posted 1 week ago. I entered this trade.
Nothing particular for AUD & JPY. We should be looking for a resistant trendline test. 1. Things may look different next week due to AUD Employment data.
Plan: looking for a long term trade after Phase 1 decision on 15th Jan. Reason: 1. GBP currently was in the cloudly direction for future growth, sideways is predicted till 31st Jan 2020. 2. AUD was currently in a hotlist, among the charts, it's risk appetite is reasonable good and appealing for long term trade. Go watch AUDNZD chart. 3. Thus, AUD was VERY...
Reason: 1. The chart on Daily has already broken the critical support of the trendline. Regardless, price only goes lower. 2. On WTI Chart, now we saw pricing still have room for ranging to the upside around 62-63 dollar, there's no way it stop at 61 only. Why? NO WHY cause experience told me so. 3. The pullback on this range is possible but I give it 20% will...
We are looking at a bigger picture. Bias to the long side, it's looking to form support on the day chart.
1. Things have been working strange lately due to Bexit & phase 1 situation. But with the positive Bexit status and phase 1 talk, things may go USD ways for a few days. 2. I highly doubt the structure will not be formed, and prices go above the trendline. Everyone was looking for a good reason to short this. 3. bias that's all.