An ‘M’ formation has for on EURUSD 1W timeframe, we are expecting price to get back to the neck line (1.0166) to complete our ‘M’ formation strategy. Let’s get ready for the rise! NB|USE PROPER RISK MANAGEMENT ENTRY PRICE:0.9970-1.0000 STOPLOSS:0.9920 TAKE PROFIT:1.0166
NB|USE PROPER RISK MANAGEMENT ENTRY PRICE:1712(Buy limit) STOPLOSS:1697 TAKE PROFIT:1740/1758/1800 XAUUSD has been on a downtrend since April, it previously tested its S/R $1800 and rejected to the down side to 1697. XAUUSD has found itself in a range pool of (1800-1697), there wasn’t enough strength to continue the downtrend. I am anticipating price to push back...
As USDCAD failed to break above 1.3200, it has resulted to a typical chart pattern(DOUBLE TOP). This is a high probability trade where it can drop to 1.300. Let’s get ready for this melt down. NB|USE PROPER RISK MANAGEMENT ENTRY PRICE:1.3140-1.3110 STOPLOSS:1.3180 TAKE PROFIT:1.3000