Cable was not able to break the top of the channel, neither my previous idea wasn't realized, we are still inside a powerful downward trend (try to argue with the obvious), and the best solution would be to sell at a high, at least 1/3 from the top of the channel, after it failed to breakthrough it, in order to wait until it hit's it's bottom.
The deal on Brexit is near to be complete. Minister Dominique Raab said that Britain will leave the EU eather EU has anything against it or not. Is his Master's degree at Cambridge University contradicts this or not, we will not know it ever. But one way or another, we approached the end of this British drama and at the same time to the lowest possible historical...
A break of a level at 108.80 will tell us about the return to the 105.50-108.80 zone. So when closing a couple of hour candles below this level - we can short with a goal of 200 points below.
We are still in uptrend, and if you have patience enough the profit will be with you. I am waiting of retest 0.8100 with sl below 0.7600
As I see we are still in uptrend, just with a little bounce on a high timeframes. So it is a nice opportunity to buy at Fridays close level with tp in 1.2380 and sl in 1.2250.
Another opportunity to test 0.81 with a sl below 0.76. If you have enough patience the profit will be with you.
Enter now with sl in 1.2250 level and tp 100 pips higher Friday’s close near 1.2381. As I see we still in uptrend, but with a little consolidation on a bigger timeframe. So we can easily expect a little bounce in this range.
So, what was a sygn of reverse movement, now becomes a triangle. If it breaks downside, it is a clear way to the old stops, known as 6950 and 6875. If it breaks upwards, what as I think is highly unlikely, we should look at 7300 as sl and last stand.
President Donald Trump said Monday he will make a decision as early as this evening on the US response to what he called an "atrocious" chemical weapons attack on civilians in Syria and warned that he will hold the responsible parties accountable. Does this mean that US will take part in a civil war? It is a very interesting question even for Gold. Now I see a...
We are entering a new golds sell zone. Next stops are 1325 and 1309. To be sure you can wait 1336 and then sell with sl at new resistence zone 1340-1344.
Buy in long at the breakdown of the level of 9570 to the next global resistance.
Trading idea associated with the breakthrough of the triangle and the test of its top. I also see a potential rebound from support level 4020.
So we are going to have a doji on a daily chart and if that true - it is a brilliant sell entry.