As we can see trend on Gold has been changed, Gold has made lower low and lower high. Now gold is on correction zone, and I think this is a correction for Short. weekly candle in Gold is closed Engolfing, this is one of the confirmations that gold should gain some liquidity and continue towards to sell. The most important News of the month are coming, I think...
Do we have a correction for buy, yes I think so. First we have to wait for trendline brekout and after that we will have a pull back (Retest). After brekout if we have one pull back (or one retest) we can go buy on XAUUSD. Stop loss 2144 Target 2220 or 2230
Gbpjpy has reacted to support, now we have to wait for a pullback. Try to find a good entry. Rrr 1:4 Stop loss 179.90 Target 183.90
Last week Gold finished the weekly candle strongly above the resistance, this means that the resistance was broken. Now we have to wait for a pullback to the broken resistance that has now become support, after the retest and the confirmation that it is reacting there, we can buy XAUUSD. Stop loss 1914 Target 2050
After a strong bearish on xauusd, we have now a correction, we should wait for a confirmation and try to find a good position for entry, 1st sell high or wait for a breakout, after a retest we must think for short. Take profit at 1835
EurNzd has formed the Reversal Wedge, now we are also seeing the break, we have to wait until the day candle manages to close over the area 1.5980, if the daily candle closes over the area, we can wait for a small return, and we can go buy. Buy position from: 1.5980 and 1.6000 Stop loss: 1.5860 Target reward 1x2.7 at 1.630
GbpAud has been down for 2 months, it means we had big strength from Aud without any pullback. Now Audusd has reached super resistance and now it's reacting , it means if Audusd is going short , GbpAud its directly concerned from Audusd pair and GbpAud will go long. We can find here a good position for long at :1.7275 with a stop loss at :1.7170 and profit target...
Gbpnzd has been down about 2 months, it means we had big strength from nzd without any pullback. Now nzdusd has reached super resistance and now it's reacting , it means if nzdusd is going short , gbpnzd its directly concerned from nzdusd pair and gbpnzd will go long. We can find here a good position for long at :1.88000 with a stop loss at :1.87000 and profit...
Gbp has strengthened a lot against the Japanese yen, now buy in pair gbpjpy is getting tired, it is good to go sell in gbpjpy in these prices: 162.50 or 161.50. stop loss at 163.00 and target reward first position: 1: 9.5 at 158.00 and second position target reward 1: 2.5 at 158.00.
Gold is reacting to this support (1920-1916), if broken wait for pullback with a stop loss 1925 and profit target reward 1:2.8x at price 1890.
Eurusd has broken the trendline, now it's good to wait for ritest and go buy. Tp: 1.19500 SL: 1.17700 Rr: 1;5
Good to go short on eurusd Stop loss 1.21600 Tp1 1.19930 Tp2 1.18700
GbpCad has break the support. You can see that it is going to retest We can go short on GbpCad at: 1.7150 rr 1:5 Stop Loss 1.7210 Target 1.6850
FtmUsdt has broken the trendline, we have to wait for retest and go short. Target 0.58