Gold still shows good uptrend momentum which give chance to ride the wave from the correction Reason for entry: Uptrend line in confluence with 0.79 Fibo level and historical support zone
Cable is retracing from a historical resistance line + retest of the uptrend + 0.61 fibo level
Price went back to order block area on 35580 with the retracement from 1.68 Fibo level and strong historical support level
USDCAD has broken the uptrend and the previews structure, with signs of weakness in the dollar index we will for retest to enter sell entry with 10 RR Reasons for entry from the specified price: 1- Breaking up trend 2- Breaking structure 3- Weakness in dollar index 4- Fib golden zone 5- Highly respected historical resistance 6- Divergence Reasons not to...
With the bearish momentum on the daily time frame, sell idea on 4H time frame form the interaction point of order block area + 62 Fib + upper trend of the ascending channel
The pair is bearish on higher time frames, so we expect it will retrace from 1.3610 which is a resistance area on daily and 61.8 fibo on 1H, also it shows divergence on 4H
Reasons for entry: 1- Still on bearish momentum on the high frame 2- Order block area on 4H and 1H 3- Retest of the broken trend line 4- 79 fibo level 5- Daily resistance level
With the bullish momentum, it is good the ride the wave from the strong order block area and fib golden zone that is matching with daily support level
GBP still has the uptrend momentum on the higher time frame with retracement from order block area + trend line + golden fib zone
Retracement from the golden fib zone and order block area
Sell idea from 50 fib level with strong order block area
Long idea with very good risk reward