Gold has been trending higher and higher and I do believe the price is very high now. I also do believe the dollar is starting to gain now which puts pressure on Gold. There also a lot of resistance and Gold is struggling to break that. I have entered this trade predicting a high of the day with low risk.
The GBPUSD has been strong for a while now and trending up and recently the market has pulled back. I still think we are in a bullish trend however I don't think the pullback is done. This is why I am in a short. Let me know what you think Thanks!
Clean trade hopefully day trade let me know what you guys think taking a small one
Nice setup multiple timeframes telling me this will hopefuully go up lets see!
Scale out where you can I have my targets but this can go far
Taking this short good reward to risk not taking too much of a big position lets see how it goes dollar signs are the tps when in enough profit putting stops to BE
Been waiting for this setup all day and I think we may have it on GBPCAD RR is good so lets go taking a small lot size as there is 120 pips to catch
Traders trading this pair, We have to see this as a possibility that GU may retest the high of this range and maybe even break the high. When a low is formed there is a high chance a retest of the high is made before it crashes just how price works and moves. So I would be very casious trying to short this pair I will be monitoring price action to see as things...