Refer to my previous XAUUSD chart to see what was forecasted, eventually the charts reveals a pattern we are familiar with...Manage your trade well to prevent yourself from losing this trade.
Looking to sell usdjpy further to the downside, but we will wait for a sell setup as soon as we see a complete correctional structure.
We will wait for a buy setup on the smaller timeframe, if the price continues lower, we will not look to sell this pair.
Refer to previous forecast, only one direction was forecasted and waited until trade triggered as per our strategy. We will watch price reaction at expected target and be able to forecast direction from there.
You can now put the trade to break even and run a risk free trade. Trade with care.
another good risk to reward. Manage your trade and trade with care.
Good risk to reward ratio on this trade. A conservative trade would be the break above the upper boundary of the correction. Trade with care and remember to manage your trades.
Watch price action for direction, any correction occurring will break the trendline for further downside. If price reverses, it will indicate as well and we will update the chart.
Watch the 19.00000 dollar price zone for reaction since silver is still in the descending channel, a break out of the channel may see silver go higher.
Retest or a correction will take us to the downside. Trade with care!
GBPJPY showing signs of continuation to the downside, the trend line on the head and shoulders will guide us for the next direction of the pair. Target is almost hit from the previous forecast of GBPJPY . PLEASE SHOW YOUR SUPPORT BY FOLLOWING ME AND LIKING MY CHARTS IF AND WHEN THEY BENEFIT YOU AND YOUR TRADING JOURNEY.
We see it setting up for a move higher to complete an ending diagonal with a resistance area at 10500 price. we forecast that it might move lower from there and strongly further to the downside if it break the trendline to make a correction.
we will watch price action to see direction from, any significant correct could take further to the downside
If you a buyer, wait for correction on the lower time frames and you are a seller wait for the price to break the trend line and correct
If you are buying, wait for correction on the 1 hour and if you are selling, wait for break of trend line and correction
We will watch price to confirm any significant move to the upside, for now its short move
LTCUSD could push higher before making a significant move down
First move to the trend line and watch for price action from there