As you can see price is playing out really well now and we have seen price continue to trade us lower from the zone we marked out after activating our pending order. I am expecting price to pullback slightly before a continuation to the downside, I feel we could see our TP hit by early next week. I want to see the last low made broken, giving us further confluence.
What does it mean for us? The market is still under the control of the bulls, so it is crucial for them to keep the growth within the current trend line, otherwise the bears will take over the initiative
The pair displayed a leading diagonal impulsive move, i am now waiting for a minor retracement with the intention to enter at 1.03526 - 1.03127 for a bullish run.
Today i am sharing my last analysis on gold spot #2024, as i go into the new year holding sells.
I am only interested in the sell side of gold spot, once i see a trendline breakdown i will add more positions. Goodluck to my followers and Happy new year.
Last week i shared a possible downside on nzdusd & it played out as expected. Well done to those who follow me.
I will looking to enter downside positions on the NZDUSD going into the first week of december. Goodluck to my followers.
Currently am just observing a correction playout, once the prices reaches my POI i will consider entering long order positions. Goodluck to those who follow my analysis.
I am now officially riding wave iv - v in a downtrend.
Trade officially closed. Well done to those who followed my analysis.
We are currently in a correction wave 3-4, once it is complete i will look to add more positions to the downside riding wave 4-5 impulse move.
Yesterday i shared to updates on USDJPY am still going down with the trend nicely.
On my previous post earlier this morning i shared usdjpy sell idea
I have showed you two BOS with retracements, i am now interested in taking downside trades.
I am interested in the next possible downside market which i have clearly marked out for you.
The market has been on the upside over the last few weeks, i am anticipating a possible reversal to the downside or ultimately a retracement.
Over the past few few weeks i have been observing eurusd since it has been sideways, the price has reached 1.08223 which has triggered my buylimit orders.