great short opportunity , descending triangle surely to breakout downwards
we can expect that after this swing low gold will hit 1730 once again at least
one ascending triangle on the 15tf has shown that its oging to continue breaking upwards and presents are really great opportunity to get long as well as on the 2 hour tf we see an ascending triangle formed and about to break out
gbpcad hitting area of resisstance - we are seeing the ranging level higher than the average so it will likely breakout upwards
usdjpy showing down trend on high timelines of 1d to 1week, on the 4h and 1hr charts we can see consolidation and the beggining of expansion, depending on how it breakouts we can see that it will hit these areas of support and resistance - with predictions that the usd will continue to fall further a shorting position has occured but it will all change and we will...
scenario that i am thinking is probable is a bullish breakout to the area of high resistance possibly even between 1.26 & 1.28 on 1hr to 1d time frames its showing a loss in bullish momentum and if there is a break to 1.22 it could signal a further drop to 1.19 or possibly even 1.14 however its more likely the market would reject those lower prices. one 1 week...
not sure how this looks, im trying to figure it out. to me it shows that if a bearish breakout forms when the market reopens then there is a possibility for a short opppurtunity. but longer time frames such as 1 week show that it has lost downward momentum and will begin to rise again? can i get some thoughts on this...
Really not sure whats going to happen.. does this look alright