EURUSD will breakdown, for this week my strategy wil be simple. Will watch for the top, indications are that there will be a slight push to the top (the special area). In a perfect world I will consider selling the top, however should I miss the option two will be the way back in.... Profit area should be re-looked at if this is the breakdown we were talking...
Indications are good that it will be heading upward... but do be cautious... wont be heading up for long.... already moved pass my indicator
It is pushing a new high, but I suspect that there will be a surge downwards... USD will grow a little more pushing gold down, but Gold will recover.. What do you think?
Well this should be an interesting few weeks... I have analysed the EURUSD charts and the indications points to a strong sell. The Monthly and Weekly time frames indicates the same movement (downwards). there is a push to go up but the pair is def in a bearish mood. So that breakdown is coming... when I don't know, but it is coming... What's your take?
I see an upside down flag... there is an opportunity to short but also an opportunity to go long... think for this week the long is still viable before the breakdown will happen... whats your take on this?
There is an opportunity to go Short on Gold. Indication show that there is a downward trend, but only for a short while... I anticipate that it will go back up from 1315ish... give or take. BTW it has already broken my trend line further strengthening my opinion What is your take and why?
My analysis, says we are still in a bullish trend. The reversal that everyone is after are many pips away. We will see a small reversal but it will reach an all time high. I think the reversal we are anticipating is much higher, but there is an opportunity for short if you know when to get in and out. What's your thought?
The indication shows that there are a few more pips to grab on the short option, but I am afraid this will go up soon as it plays in channel.. be careful, know when and where to get out...