GJ set to push long. Retest of trendline. Reverse H&S. A nice wick of the 38.2% retracement too. However there might be a further pull back until we rise.
I can see a potential bull rally with a small short prior. The short would give us a confirmation of reverse H&S which could also be used as a confluence to support my bullish bias. I could either see a retest of the trend line or retest of Previous Week high for an entry. In addition, I anticipate GJ to long to 160 flat, (780 pips away) but for now my target is...
GU recently touched 1.4 and reversed into a current down trend with the LL and HL circled. The LL bounced off 1.38, breaking the previous week low, creating liquidity beneath it. We could potentially see a new LL break of 1.38 to invade that liquidity zone, then a continuation of the overall up trend. 1:6 📈📈
GU has recently broken the bullish channel and retested. The retest was also on the 1.41 psychological level. DXY (US dollar) is showing weakness which also supports this move. The TP is a resistance box where liquidity was in March/Jan 2018. 200 pipz to bank, 1:5 📈📈
Price has respected the supporting trendline so i could easily see this buying to 1.79500 most likely 1.8 too. Moving average has crossed over and the last low was not broken. I am already 40 pips deep but will look for more entries along the way if price presents conformations on .5 retests
Here we have a nice set up for EJ, currently in an overall up trend but a recent pull back to the 61.8% retracement. If price breaks 126, i'll be looking for a second entry on the re test. Price could potentially reverse off the 125.500.
With price recently breaking the 1.37 psychological level, it managed to close above but recently has traded slightly below. With confirmations such as: a long wick on the 1.36500 mid level, failing to break below the previous low (of 1.36500) and wicks on the 38.2% fib retracement, price is looking to soon have a bull swing. My first TP is at 1.37500 and a second...
EN shows signs of reversal in 4h as price fails to make LLs, price looks to surge to 1.706 with possible consolidation around 1.7, as it is a Major level. Should price break this following with retests, it will hit TP no doubt.
Here we have a nice symmetrical triangle, with a breakout and retest. Price has met a previous low at 1.74250, so that could also be double bottom formation. Price may re-enter the triangle but should rise to TP
Here we have a fabulous confirmation; break from trend followed by a retest. 1000 pipz up for grabs with a great RR.📉📉📉
A nice set up with possibility of the gbp strength to push to 1.89 or further. Mass rejection on the purple box in 1H timeframe. Price could move to the 50% retracement.
Price looks to consolidate between the two purple lines, possible evening star formation. It has already touched the upper trend line in the channel so hopefully it will soon touch lower.
Using basic market structure analysis, we see that Gold is trending towards the downside, could have a potential drop of 1000+ pipz. Big risk, but mega reward. 📉📉📉
Here we have a great set up with hourly candle breaking major level 1.9 and closing above. If TP hits, potential to continue to surge to 1.92📈📈
Potential to drop like a mf, approached resistance (BANK level), and a trendline.📉📉
Got in already on MT4 could be a nice buy here. Hit support and could be forming a double bottom in 30m