UnknownUnicorn185710

UnknownUnicorn185710

After the long term bearish trend gold has ran out of selling pressure and formed some higher lows along with now breaking 1162 resistance. Providing the break is clean and gives a good retest entry opportunity this will be heading towards 1230

UnknownUnicorn185710

Havent traded this for quite a while and as a result missed this entry opportunity. This had been bearish for quite some time and if you go back on my posts you will find the great short i called down to $44 a few months back. We recently had a move back up and broke resistance before forming a triangle pattern as we struggled for continuation momentum off the...

UnknownUnicorn185710

Explanation on the chart. Now bearish on this pair heading to Monthly support at 1.9600

UnknownUnicorn185710

I recently posted about a potential sell on this pair but the right setup never presented itself and we are now breaking long. You have to make sure you never get attached to a direction and always go with what price is telling you. Explanation on the chart here so lets see how this plays out :) for mentoring enquiries email: contact@fxbentrading.co.uk

UnknownUnicorn185710

This pair has moved down beautifully this week and has broken key support at 1.5330. Im now firmly in bearish mode here and have been talking about downside movement for a while but we have been a bit sideways as of late. The ideal setup would now be a pullback in to what is now resistance and then good price action to confirm entry. This could happen over the...

UnknownUnicorn185710

Potential short coming on this pair. I will be monitoring for a trendline and support to give the entry. one to add to your watch list for mentoring and alerts service enquiries email contact@fxbentrading.co.uk or visit the website www.fxbentrading.co.uk

UnknownUnicorn185710

Pretty self explanatory on the chart. My Daily and Weekly bias has now turned Bearish. Currently sitting at a Fib retracement point near resistance and IF we get the right price action i will be looking for shorts to make new swing low. Target 1 = 133.50 Target 2 = 130.50 Target 3 = 128.10 Please remember this setup is only in play if we get the correct price...

UnknownUnicorn185710

As everyone is aware we recently had a large market sell off before stabilising again slightly. Now when it comes to the indices there are more fundamentals that come in to play than with Forex, but from a technical stand point i can see this having the potential to drop to 8000. a Daily close below 10000 weekly support would confirm an entry for me. You can see...

UnknownUnicorn185710

Hasn't done a huge amount lately but is still sneaking in higher highs and higher lows. No clear signs of a reversal yet so the bias remains Bullish. Looking for a breakout here with a 4hr close above to take the longs up to the Monthly Resistance target of 1.3600

UnknownUnicorn185710

This pair has the potential to reach 1.67 Fibonacci extension from the weekly setup. Level confluent with past support/resistance levels

UnknownUnicorn185710

Looks like this pair has finally made a decision!!!! It had moved to a Bullish bias for a while before consolidation. It looked like then making another push long but that move failed and formed a lower high. We now have this week closing below support and giving us a short. That follows last weeks big bearish candle that engulfed around 10 weeks of Price...

UnknownUnicorn185710

EUR/JPY Short setup here. Looking for a clear break of support at 133.00 which will then give us shorts down to 127.00. Great potential for some pips here with this swing

UnknownUnicorn185710

Just awaiting PA here to confirm the short. Had a break and retest now just need the continuation confirmation. Simple top down analysis here. Target 1 = 118.60 Target 2 = 116.00

UnknownUnicorn185710

Simple setup. Explanation on the chart. Target = 1.3600

UnknownUnicorn185710

Looks like we are finally getting some movement in the markets after the low August we have had. This pair in particular has been ranging and now looks to be breaking long. Providing we get a strong Daily close like the candle thats currently forming we will be going long here as you can see in the analysis on the chart. Target 1 = 1.5900 Target 2 = 1.6140

UnknownUnicorn185710

DESCRIPTION ON THE CHART. LONG OPPORTUNITY ON THIS PAIR AFTER A LONG TERM BEARISH VERSION

UnknownUnicorn185710

Last weeks candle closed as a strong maruboza. We have also closed below support and the trendline as you can see on this Daily chart. I favour a short now to the second trendline followed by the support level down at the 0.9150 zone.

UnknownUnicorn185710

GOLD NOW AT A KEY LEVEL TO SHORT FROM PROVIDING WE GET SOME GOOD PRICE ACTION. AS YOU CAN CLEARLY SEE WE HAVE BEEN MAKING SOME NICE LOWER HIGHS AND LOWER LOWS, THE MOST RECENT LOW COMING AT 1070. WE HAVE NOW RETRACED UP AT CURRENTLY SIT AT RESISTANCE FROM THE 1143 LOW AND ALSO THE 50 FIB LEVEL. I WILL BE WATCHING VERY CLOSELY AND IF WE GET SOME NICE BEARISH PRICE...