📝 Trade orders at the $1900 entry points, close trade and secure profits of 150-180pips+. 📝 Initial entry orders at $1913 maintain proper risk management, leave trade opened. 💭 Take-Off Points! 📈 TA in a bullish state as breakout above R1 has been validated... 🇺🇸 DXY also in a critical state to spur to movement...
XAU-USD Daily and Trend Analysis Not much pun intended but gold like bitcoin running on a parabola spin.. Its quite obvious and not a surprise for a bullish gold as the dollar has been catastrophic of late, social and political unrest, constantly increasing debts-gdp ratio, enormous dollar printing QE, rapid increase in the covid cases and a failing economy....
GBP-USD Daily and Trend Analysis It took decades for sterling to drop below the 1.4000 price mark well it looks like it may take another decade for it to break above that. The daily chart on the cable looks quite bullish for the past few days however the H4 begs to disagree seeing a closeup on the trend reversals, the UKs economy on the other hand haven't been...
USD-JPY Daily and Trend Analysis The gopher bullish penant consolidation continues, approachng its apex but with more favoritism to the bulls. On the Daily we could see the solid price rejection of the bulls around the support level of 105.200 (It could be seen much clearer on the H4 chart) Traders and investors are closely watching and waiting on this, as a...
EUR-USD Daily and Trend Analysis On the daily chart with the 1D candlestick view we could easily see the fiber at the peak of the longterm descending channel, with a clear school of reversals, indicating no sign of a breakout anytime soon, with the recent dynamics of the covid outburst and shutdown in the EU Zone its quite realistic to expect a downturn in the...
well I believe the charts ia quite explanatory seeing the long correction getting weak with price lingering around the breakout region at C aldo theres a possibility for a slight retraement to previous support level but I think this will last only for a short time I'm very pessimistic about a change in trend and this week will make it more visible