An overall bullish trend with a short-term downward range, giving it a bullish flag. Bias will be to go long once the flag ends an a buy confirmation is achieved. On the short-term, an inverse heads and shoulder pattern forms, with a buy confirmation we can be looking to go long on the short term. Putting the long term and short term together, we have a...
Gold hit a major resistance zone that turned support today and it's looking bullish. With further confirmation, long positions can be opened to take profit at the first resistance zone then if price shows bullish momentum, we can look to take profit at the second resistance zone.
This pair is currently in an uptrend. The pair is just breaking out of a consolidation point, I will be looking to go long on this pair
Price is heading to the upper trend line which has acted as a resistance. I will be looking for a bearish signal to short this pair.
GBPUSD pair is in a downtrend but I expect a pull back to the trend line at 1.341. If this happens bears can look to sell short and take profit at tp1 of 1.32910, we anticipate the market will drop lower to the support at 1.314