Head and shoulder formed...a break of the neckline confirms the buys
Gold has been ranging on a side ways channel . possible sell is a bias on the following; 1 D1,H4 structure indicates sellers in control 2. dollar index pushing for highs drives gold down
EURUSD SELL ON THE BELOW BIAS; 1 price back to retest the H4 previous Supply zone 2 price is retesting the trendline 3 D1 and H4 structure still in a buy
GOLD Reacting to a major levels. Structure pronounces a sell opportunity
Gold is at KEY resistance level. Price is still respecting structure and the trend lines. currently price is trading on a channel. My bias is that price might find momentum push to the down side if the level holds
Will USDJPY Bulls kill the Bears? STRUCTURE; 1. price respecting the trendline 2. Major rejection on the sells 3. Significant HL with no HH
Gold still respecting the trendline ; if price break the Asian high we might see price go up to the previous day high. If it shows rejection on the Asian high and fails to break the ASIAN HIGH price is most likely going to break the trendline and so huge move to the downside. We watch!!!
Will Gold respect the structure and give us a sell??
GBPCHF might sell based on the following; 1. Price seems to be ranging in the H4 2.Currently price is sitting on a Resistance level and there seems to be rejection with the wicks in the area 3. break of the trend line and the recent low should see price move all the way down in the box
My dollar Upside move bias is based on the following; 1. Price respecting the Trend-line 2. Major rejection for the sell evidence by the wicks 3. Structure on H4 clearly indicated the end on a retracement and possible trend continuation
USDCAD migth find support in the Asian Low for a BUY.
Gold will sell. Structure show bearish signs. Dollars becomes strong will weaken Gold.
A sell on the GBPUSD is likely to happen. price might pull back to the channel on 15M and if not we take out the Asian low and fall down ... break of the Asian high on the H1 will be a change in bais
The dollar has shown some strength and according to structure the market looks bullish. Price broke a previous resistance now support and the break of previous day high is a good confirmation of the market direction on the dollar
Reasons for my buy bias 1. price broke previous day high 2. price is sitting on a trendline 3. price is sitting on a support 4. 50EMA and 200EMA show an uptrend
GBPUSD broke Fridays range and currently on a corrective wave. I am biased on short BUY for a couple of reasons. Price broke the Fridays Range, we bounced back from the low of the week. I will be looking for rejection at the Asian Low and the trend-line for buys only
looks like gold might have some sell momentum. we have a break of the trend-line and i can see a head and shoulder with the neckline broken in the Asian session. best areas to sell would be at at the break of the Asian low or if we see some rejection wicks on the Asian high.