Xauusd is ultimately in a downtrend. Looking for price to potentially hit my downtrend and continue down.
I see USOiL structure is selling. It also, is respecting my channel. Rid3 the wave!!
My analysis on GBPUSD, I am looking for price to respect my channel . Price should find some resistance and come back for a sell. Otherwise, if price don't respect my channel would look for a break of structure and prepare to buy. All comments are welcomed. Follow me for more charting.....
Price broke out of my trendline . It came back and retest my zone 21600.00. price than continued down to break structure. It is now coming back to retest that zone it broke @20955.84. We should see a continuation move to the downside
Nice head and shoulders pattern has formed on the 1HR timeframe. Waiting for price to break below structure for a nice bearish move. Plan B : If price break above 1.29238 start looking to buy Comments are welcomed
PRICE WAS IN A DOWNTREND IT CAME BACK UP AND RETEST A ZONE @0.70649 . It than dropped back down to 0.68804 the area it started retracing from. It now appear to be in a bearish pendant.
GBPJPY was in an uptrend. It came back and retest an important zone at 165.000 .As of right now , I see price is currently bouncing in one area at 166.024. I have my buy zone 166.300 and my sell sone is at 164.800 I have my alerts set at those important levels
XAUUSD is trending up. It is staying within my channel. It is consolodating right now. Have alerts set. Not looking to sell unless price breaks my area of strucure. I have made two biases
Right now, USDJPY is consolidating. I analyzed the charts with a plan A and and plan B . I set alerts and will go with the market flow.