My idea for long term is buy after the tl and important area of POC break, not a financial advice!
retrace 90% possible, based on daily BB and StochRSI.
236 pips profit and -104 if sl hit, i think bears are defend their position a pullback would make sense. Let's see what it will happen, not a financial advice!!
GBPUSD long bias, hope you enjoy my idea. Not a financial advice!
GOLD FUTURES COT REPORT 19/05/2020 Total(commercial and non-commercial): long: 468,354 short: 506,740 Most of commercial are short, I expect an upside spike and then see a big downward correction.
I see strong resistance upward, possible correction to 1700. Sure to buy now? I have my doubts.
Nice risk/reward, let's try. NOT A FINANCIAL ADVICE!
My bias has changed, a lot of refuse on this zone, let's try with some longs. NOT A FINANCIAL ADVISE!