nicholas6897

nicholas6897 Updated 

Price break out and now retest the trendline buy for big profit

nicholas6897

Aussie too strong, don't fight the trend. Look for opportunity to long it. I believe until 72 level only can short.

nicholas6897

i foreseen next week will be a bearish week for gold. price attend to break 1729 several time but failed. i assume price will go at least 1600 to take PO for rocket to 1750 high.

nicholas6897

Next week we may see price break and back to the demand zone

nicholas6897

No way to sell at bottom price, i will choose to long this pair on next week. Long not valid if break the below shadow support.

nicholas6897

After suffer big drop of Euro pair yesterday due to bad pmi data. prices goes to bottom. is time to take big profit.

nicholas6897

If reject the box, it will continue fall u may open now or wait for Monday market open SL should be the above the bearish engulf

nicholas6897 Updated 

as per pic, price broke the channel and start fall. i expect it will rebounce at the supply zone and fall again..

nicholas6897

Aussie has been so strong for this week. fibo it reach the 0.618 lvl, i expect it will break the channel. can try with small lot first, for safety you may wait it break the red line.

nicholas6897

as per picture, it may stick back to trend line and create higher or break the trend line and go more deep.

nicholas6897

don't forget the main trend for EU still in down trend. i expected it will fall once it hit 0.618 lvl. observe the price and make movement, do not buy it at this high price ! look for opportunityshort it.

nicholas6897

AUDUSD seems rejection on 50% fibo level, i expect it will start fall and continue the bearish main trend.

nicholas6897

GU has hit 50% fibo, price may retrace for healthy movement, either drop back to 0.236 or back to the channel line. obeserve candle make the move

nicholas6897

possible if break the engulf

nicholas6897

Can try long this pair. risk and rewards

nicholas6897

GJ still in rising channel. wait for breakout confirmation level to short

nicholas6897 Updated 

wait for the channel break out to continue short

nicholas6897

I guess alot ppl are lose money this week. Do not buy this pair, just look for oppurtiny to short it. gd luck everyone!