I expect short sellers to come in, and drive price into the region of 32200 as our target.
CPI report has been released.. i expect gold to short down and rally towards equilibrium, since we need sellers in order to shift high.. cpi report has set the view on interest rate news next month.. i expect feds to hike the rate.. which will cause the commodity to gain strength, for now we can sell it.
I see a strong move down on usdzar from weekly high down to equilibrium. long buyers should come to rest and selling momentum should increase.
swing trade. lookig for it to come back to that major support trendline for any confirmation of our next move
ABCD complete. swing trade for about a week. price tested that structure again and failed
USDZAR been testing that support are for too much. i expect a nice drop from that level. mind your lot size please
movement up. as we can see the market was also rejected by a strong support zone. i am looking for a strong move up.
market at nice support. i want it to go back and test previous structure and fall down. previous structure also lines up with the 38.1 fibo R.
Structure was broken. it is back at previous structure if candlestick closes and below this structure i will sell there, when the next candlestick start moving down. otherwise, the pair might go up.
I will be looking for price to reach my C point. as will also complete my ABCD movement, and Head and shoulders for a sell. short move down
as we can see, it broke structure. now i am waiting on a retest to previous structure and look for reasons to go short. or price might push up to the broken trend line, to test it one more time, and shoot down. candlestick must close below previous structure, or close below the broken trendline if it goes up for a test.
as we can see, NZDUSD back at previous structure. i will be looking for short entry reasons. trend continuation.
I will be going short on this. market has reached the 78.6 fibo line completing my ABCD pattern. also signaling that the ren is indeed going down. trend continuation.
double bottom neckline broke. looking for a nice move upwards
PRICE CAME BACK TO TEST BROKEN SUPPORT. A SHORT SELL AT POINT C