Could see gold going into the 1830's from here. It just broke support and is headed to target 1 which is an area where the next support zone is.
Candle closures and news are things to watch going forward. Market flowing nicely.
i have gold going bullish to end the week. H1 expectations/idea.. lets see what happens
Exhaustion towards the left testing last weeks high. Break of structure going bearish sending market down temporarily is my outlook on this move. Break of support and big bearish candles.
Daily retrace was at the 23.6 creating a continuation situation. This trend is clearly bullish and recently a higher high was made so right now im just measuring the next retrace before it continues market pattern making a higher and possibly heading towards the 1870s
Measuring the retrace of what looks like a retrace on a bearish trend. In this case since the lower low is fairly new i'm going expect the retrace to be as deep as possible before dropping back down, while also baring in mind that the retrace can be small hitting off the 50% or 38% on this fib.
Daily and H4 view made this trade easier to see. Higher Low point was made on the last bullsih push, price came back down to restest previous high, lower time frame (m30) showed cross of MA's Take profit 1: 1798 Take Profit 2: 1805
seeing daily and h4 bearish engulfing closures gave this one away. red cross of the ma to confirm the shift. break of h4 trendline with a retest of it. 4/4 true confirmations 1:4 ratio type of trade IDEAL SITUATION / IDEAL TRADE
AUD/USD looking very bearish after a steep drop lower lows forming at the moment on this pair.
gbp/jpy finally looks to have decided on a move and its toward the downside. I see this forming some new lows
AUD/USD making a retrace and going to into a bearish market off of the 50%-61% prz level to make new lows
AUD/USD 150 pip SL max on this retrace still sell bias
with news sending both AUD/USD and NZD/USD do sharply and with a bearish trending market i can seen a continuation of some bearish movement!
GBPUSD tends to rise after big drops. after hitting daily support i can see it rising
AUD/USD continuation here i see a move down past this low
nzd/usd broke structure and is now going for lower lows!
lower highs and lower lows forming on high time tells me bears are in control of this pair
nzd/usd broke structure and is now going for lower lows !