Price is currently consolidating, trading between resistance level at 1.28 and found support on major trendline at 1.25 level. The trendline we've found support on hasn't been broken since November 2015, so a good and strong bullish move. Strong level of support can be found on this trendline, retested several times. Unlike last time we've broken this trendline...
Small pullback after selloff with price finding support at 40K level. Expecting more selloff pressure still to come with price possibly falling lower. Please note that these are just our thoughts and we encourage anyone to do their own analisys before entering a trade! Please trade this financial instrument responsably and use small lot sizes. Please share your...
Price trading now at support line, where we've just found support. We're looking for more downside possibly until next support level at 1.36. Also lower highs being formed on the RSI, so be on a lookout for bulls to take control . If you like this idea, please share your feedback with us! Trade safe and responsably!
On this week we will be watching how gold will react to strong support level at 1679. Watch for bounce and move upwards . Please note we are just sharing our thoughts and we encourage anyone to do their own analisys before entering a trade! If you find this idea useful, please share your feedback with us! Good luck and trade safe!
Price is looking retesting previous low. Anticipating a move to the upside after retest at 1.16600 to 1.16200 level. If breakout is downwards could consider a double top move towards previous support at 1.11700 level. Please note we are just sharing our thoughts and we encourage anyone to do their own analisys before entering a trade! If you find this idea...
Completed head and shoulder pattern, price likely to go lower. Wait for confirmation after breakout below neckline. Please share your feedback with us)
Price has broken out of the trendline. Rejected at upper level resistence and now trading within descending wedge. Expecting price to bounce and retest channel borders. Look for breakout! Will keep you updated! Support us with your feedback)
Gold now is in major trend line going down(decending channel). We are expecting it continue falling, watching this week how the price will react to the suport level 1173.94. Share your opinion with us, and trade safe)
Please see our idea on the chart, and share your feedback. It matters to us :)
Please see our idea on the chart, and share your feedback. It matters to us :)
Hi guys, On the 4h time frame GBPJPY the pair possibly forming inverted head and shoulders with the price currently falling to 150.963 and possabolity to go lower up to 150.367. If you find it usefull give us feedback, follow us and dont forget the thumb up :)