Us100 drop incoming. Price channel touch with a Strong S&R Level line up. This has priced up with a double Top as well on a Monday. Daily EMA lined up with the touch as well.
Ga has finally started to move back down from near price channel but think it still has the chance to go up again. Possible buy on the 61 fib level which lines nicely with a support and resistance level lined with 800 EMA, 200 EMA
Just a quick trade idea of what we are seeing on EURAUD Tech - Key Level, Trend Line Touch, Round Number
This could work for a great BUY. Using a 38fib and Daily Levels. Looking at DXY for a reversal as well showing USD strength it could push it in the right direction.
This could be a good SELL using a weekly 38fib and a TL break.
Reaching a weekly Support/Resistance level. First area gave 180pips so this could give off more.
Using support/resistance levels. Trend lines and EMA’s. There is plenty of opportunities inside this parallel channel movement. Our first SELL did 180pips and just missed our BUY.
GN SHORT We are reaching a 3rd touch on a wedge. We would be looking for this to be our final big SELL on this movement.