- rising wedge pattern visible - head and shoulders pattern visible - break of neckline + break of trendline - LOOKING FOR SELLING OPPORTUNITIES
OUR TECHNICAL ANALYSIS POINTS OUT THAT WE WILL BE SHORTING GOLD/XAUUSD AND THE REASONS ARE: 1. The market broke our ascending channel to the downside 2. It formed a bearish flag which indicated a continuation move to the downside 3. The market then broke below our flag and a very strong zone of support 4. We now anticipate for price to retest our resistance...
OUR TECHNICAL ANALYSIS POINTS OUT THAT WE WILL BE GOING SHORT(sell) ON NASDAQ100. LOOK AT THE POINTS BELOW WHICH EXPLAIN FURTHER AS TO WHY WE CAME TO THIS DECISION. 1. We have an overall pattern of a FALLING WEDGE that might possibly form. 2. Within the Falling Wedge we had an ASCENDING CHANNEL that played out. 3. We had a breakout of the ASCENDING CHANNEL and...