The price holds at the supply area. Anticipating shorts still, but if we break above - buys would favor
Above is a view on GBPUSD for today. Key areas as well as the expected price action are mapped out and any feedback is more than welcome. Happy trading!
My view on GOLD for today. Key areas as well as the expected price action are mapped out and any feedback is more than welcome. Happy trading!
Have entered shorts here as explained in the previous idea. I doubt the full swing to the anticipated area, will be monitoring the price action closely
GU longs have worked out to a T. Now looking forward for the price to break below the 1.26900 as a a confirmation for shorts. Well, the break alone wont be considered as a valid entry, but will keep you posted!
Might have a textbook short trade on GOLD/XAUUSD. A rejection off of 2040 resistance, followed by a reversal from 2032 on a correction. Stay safe!
I see a potential high reward setup for sells lining up on GJ. Would enter on break below 187.550, but ideally would love to see that area changing to resistance and a rejection of the price off of it. Stay safe!
Good evening, traders! My bias for short term longs towards the supply zone persists, although I feel like an H&S is forming on the Hourly and reverse might start solidifying around current price-points. Will keep you posted
Looks like the pair has found solid demand zone around 1.26770 and short term long opportunities may be found. Would love to see the close before entering anything as it will also give us a closure on the weekly, which would drive the public interest. Personally got stopped out on the pullback with a 1:1 trade. Stay safe!
Good morning, traders! Thinking of shorting GU. Ideal entry area would be prices of 1.27200-1.27400, will see how price acts there. Targets would be placed around 1.26427-1.26200. Happy trading!