


Londonwasps6
Bearish flag pattern formed. Could see price drop massive if support is broken on bottom of the flag.
Here we see Gold at a very important position. So gold is currently pricing at a very high point of support. You can see where the arrows are placed that the price has tried 4 times to break but failed. If we see the break we could see gold rocket so the last highest key level 1700.00 Area. On the other hand we could see the pattern follow and see price just ...
buy order has been placed. 82.00 and bounce to resistance. will leave one entry open to put SL into entry and let it rideeeeeeee.
Cup and handle in my eyes has is a sign of a new trend. Looking to go short in the next few days. big USD news coming up so will watch out for that.
Daily update on CADJPY A few things I've seen on this. There is a head and shoulders on the 4h showing a downtrend, but I've kept this very simple. This is a simple supply and demand chart. The top line near the current price is showing a supply price and the bottom line showing demand price. I will be seeing this Monday unless there is a break before lunch Monday.
Gold Set up A very clear 'Cup and Handle' has been formed on the daily. Normally once the handle has been formed, we will see something similar to a double top where price is reaching resistance. we will have to wait to see if we can if gold breaks up into a long position where we will see new highs on the gold price which could at least reach the price of...
I can see gold breaking the trend (red Line) if so we can see a easy buy to 1340 AT LEAST!!
With the USD in line to hike 4 more times within the next 12 months and the trade war making the JPY crash, we will be seeing an uptrend. 114.600 is the target to catch a small amount of pips.
Looking at this pair this is very easy to read. You could even do this chart with one line. We should see the price rise a little and then a short should be on. I will be waiting to enter this till Monday morning just to confirm the trend and markets can be a little crazy/strange on a Sunday night and Monday morning. There also a small flag pattern so make sure...
RSI helping me out here. I doubt we will see a new Low Low. The USD should weaken now which go's with my idea.