We've got a short term reversal candlesticks confirmation on GOLD .personally I would wait for the setups to be complete before going long on it.Remember waiting is a strategy too and trend is your friends .TRADE WITH CARE
Long term short EC.bearish flag forming wait for clear candlesticks information before going short ,trade with care
CREATING A "BULL"PENNAT PATTERN IN AN UP TREND.EXPECT A PULL BACK TOWARDS THE SUPPORT OF THE PATTERN TO BE TESTED..FOR NOW ONE CAN SHORT WITH PROPER RISK MONEY MANAGEMENT {LONG TERM TARGET IS UPWARDS}
Eurnzd I'm seeing a short term sell before going long ,I think that the market will come retest the level of support which is holding quite nicely failure to break the prices will shoot up..my upwards target 1.54385.you more than welcomed to correct me
PERSONALLY I WOULD LONG USDZAR FAILURE TO SWING BELOW (PRICE 12.58510) THAT LEVEL IS HOLDING NICELY AS A STRONG LEVEL OF RESISTANCE .I WILL WAIT FOR DAILY CANDLE CLOSE & GET MORE CONFIRMATION BEFORE THE KILLLOND USDZAR
As I've said before that I'm long on gold it did break through on the downside of the channel I did on my previous post now it's back inside the channel it will pull back before gaining momentum going up
Short term rally towards the support,long term trade idea is to go long on gold.currently the dollar is not performing very well
On my opinion I'll short UC LONG TERM & Hold when there's failure to create a new swing high or when price action is rejected ......I AM EXPECTING THE PAIR TO CREATE A NEW SWING LONG BEFORE GOING LONG
EURUSD I'm seeing a long term short currently the pair is in a channel waiting for the daily close to form a reversal candle information .I'm expecting the resistance level (price 1.07941 to stay true and hold)
EJ is currently in a downhill channel there's a possible long term upward move if the support level going upwards hold ...short term sell and I'll go long ....