long idea last week xau reached the support level in d / 4H , let s look forward next week it may retrace back to the upper resistance level
the price embrace the trend line also retraced at 61.8% fib, wait for confirmation, long it TP is in the chart. thank you!
Long the pair when it embraces the trend line, retraced back to 78.6%, enter the trade with confirmation such as doji, engulfing pattern.. SL & TP are in the chart Thank you!
Once the price retest the descending trendline, a higher up trend will be continuous, Everything is in the chart SL TP1 TP2 please set ur risk and reward ratio which matches your trading style Thank you!
You may see a perfect symmetrical triangle in 1H timeframe, and it created double top below 0.90900, once it tested the lower trend line , with rejected confirmation you may enter a short position, target at blue zone set an affordable risk-reward ratio thank you!
In the 4H, Head and shoulder pattern possibly will be created, wait for confirmation to enter a short position Everything is in the chart
price may test the pink key zone again everything is in the chart
if 4H create a DT in the key zone, enter a short position, if 4H price can stand above the key zone, enter a long position, TP toward the daily resistance level
if the price in 1H has been rejected in the key zone around 107, with wick rejection/ DT, down trend may continue. please adjust the risk - reward ratio based on your own trading plan.
Everything is in the chart, thank you!
We may see XAU embrace the blue & pink zones also the trendline as last week reading, wait for the retest and confirmation to enter a position
AUDUSD may retest the resistance zone more than once, so you may try to enter an aggressive short position with a tight SL to test the market. or there is a safely short position when the price has been retested and rejected by the ascending lower trendline.
We can see the price found a support in the blue zone, once it retest and stand above 1.37912 you may find an entry in 1H / 15M , Please take TP & SL as reference set a risk reward ratio which fits your trading plan. thank you!
Triangle Pattern has been broken in 4H, wait for a retest and rejection before entering a short position
Lets wait for the retest and rejection or a breakout of the trendline