


RaySterling
After last weeks downtrend, it looks like we are in the uptrend for today. On daily or 4h chart we can see a triangle forming with the preassure to go up. If we brea 1.17324 level we can enter long. Looking to enter long on 1h chart, after a pull back to 1.6595 or 1.6844. TP1: 1.16844 TP2: 1.16935 TP3: 1.17249 TP4: 1.17324
EURUSD to continue its downfall, the entry is allowed once we have a confirmation. The neckline back, retraicement back to the neck line and that is where we short.
After breaking the structure, expecting a small pull back, if true, short.
2 short trades due to broken structure. 1/1 and 1/2 reward rations.
We are expecting for the downtrend to stay on its course. Wait for the right entry to short after a pullback. Look at the smaller timeframe chart for precise entry.
DXY to go down from this point, EURUSD to begin uptrend
Expecting DXY to remain within the range. We gonna wait for the price to reach the top of the range and short from there.
Preparing to go short and trade the range, with main trend changing direction up.
Gold bounce back at 61.8 and continue to fall
At the level 61.8 we have another shorting opportunity. Stop loss should be placed above the level. Monitor price action to confirm the rejection.
- daily - downtrend, detected LH Entry @: 0.79549 Close @: 0.78239 Value: 129pips 50,000 * 129 = $813
Weekly - Sideways Daily - Downtrend 4h - Downtrend, to Uptrend ( HH, HL ) 1h - Downtrend to Uptrend - weekly - downtrend, reached critical support level - daily - pierced the critical weekly support line, bounced back to 38.2, long wicks. If 93.02 level pierced again, we might have a bearish confirmation.
Strong low level will pull the price down
NFP news affected the trend so becarefull going long, but if bulls continue the tren we can make good money on this trade 150 - 300 pips, 2 trade split.
Going short for this 2 stage setup
Careful with this one, pullback possible, monitor minute chart for price movement. need long term confirmation that price falls well below the line.