JackSmart_Fx

JackSmart_Fx

Brearish outlook Grey areas are my targets.

JackSmart_Fx

Lets scope out and see where we're at... would like to see price come down another 200-300 pips and bounce off the Trend-line and head towards 1960. if we break back in the channel 1775 is a level i'm interested in

JackSmart_Fx Updated 

Target 🎯 0.7800 Target 2 🎯 0.7880 Broken Structure

JackSmart_Fx

Gold formed a double top last week and melted and closed below the daily trend line. Another big move and quite predictable from gold down to 1840 to first Target 🎯

JackSmart_Fx

Can see now the price has been consolidating for a few weeks now between 1.20 and 1.22 as we can see on the monthly we are at some support right now but we could end up going towards 1.1920 area then take off for some long term buys 🚀

JackSmart_Fx

Big bounce of the Daily TL yesterday has that in mind since we are in an uptrend! Who got in on this ? Now these are the types of trades you want to capitalize with and get a great RR 🔥

JackSmart_Fx

At a major resistance area, plus we have been going up for some time now... Will it head back to the blue trend line or will the bulls power through and take us higher? 🤔

JackSmart_Fx

Waiting for a break to the upside! 📈 The reason being is that their has been lots of positive news recently on BTC and most recent news is that its now legal tender in El Salvador 😁

JackSmart_Fx

So this ended up playing out this way 📉 still the idea of playing short was correct but didn't meet my TL (Trend line) This doesn't mean the TL was drew incorrectly as theirs many ways of drawing out the trend lines to be honest the way mine was done means more profits and risk to reward as that's what us traders look for 💪

JackSmart_Fx

Could be a Flag pattern and price looks exhausted on the HTF so I am bullish on this pair. 🔥 BULLS or BEARS let me know!?

JackSmart_Fx

My projection of this pair for the short term 👀

JackSmart_Fx

I'm Shorting gold to the trend line we then have to be patient and see what price wants to do from there 👌 Will gold make another impulse to the 📈 Or to the 📉 Let me know in the comments Thanks 😎

JackSmart_Fx

Broke out of the wedge ✔ Now time for the downtrend 📉 Who agrees!?

JackSmart_Fx

Third touch from the upper trend line and touch down at lower trend line where there is support, looking at a big 150 pips out of this. let me know what you guys think? Thanks