Previous low broken.So it is currently in the bearish order block looking forward to a strong push to the down side. Stop loss 1775.00 Take profit 1677.00
it's coming our way. Reduced entry coming up .Impulsive push came to an end now entering correction phase.
Currently within a descending channel on W1 .On The daily we looking at a ascending channel waiting for the third touch before we go long
no strategy is a 100 accurate hence this is just my bias
Daily structure respected. My bias is last touch to trendline then we go short
With US10 Yield near it only makes sense that the US recovery plan plays it’s part. It on a ascending channel on the Monthly and Weekly chart. Third touch confirmation on 4hour chart . All this all equal to a impulse to the upside
expecting a pullback then rockect up to the D1 resistance
The correction completed ....short on gold .7 week peak reached and it’s time to sell now
The double top has formed on the D1 timeframe Trendline broken and retest on H1 A support acting as a resistance
The main trend is a downtrend and this a continuation pattern to the downside.
As oil resistance was broken on the 5th of January.It’s an opportunity to long CADJPY . It’s a late entry which is still valid
GBPJPY has clearly reversed as you can see high highers and high lows.
As SA fall deeper into junk status,usd is to overpower zar
bearish trend seems weakened,this might be a perfect reversal
long but economic event can affect it