piotr18050

piotr18050

+ USA GOOD NEWS + STIMULUS NEWS MIXED WATCH DXY very important 93.00 level

piotr18050 Updated 

- news mixed -false break of 1921 -dependent on dxy behavior

piotr18050

- news ( unemployment below forecast => good for usd , might push dxy a little bit higher although as usd is a safe heaven this might not be such a great push , stimulus news mixed)

piotr18050

-pullback to key level possible(thick red line) -great place to enter long buy near the key level -although we can see the move up is not as fast as previously

piotr18050

-daily close above key level => buy signal -possible profit 5 times bigger than the risk -nice place for a trend change news:(polish) www.forbes.pl

piotr18050

- pullback highly possible - breakout of the channel only iminent after stimulus deal sealed

piotr18050

triangle breakout , wait for h4 close above 25

piotr18050

-dxy broke down 93.00 -gold already made quite a build up and waits for a direction - suppoer seen at 1837 -mont long range beetween 1850 and 1950 -possible visit to september 1973 high -us stimulus deal is likely and will push the usd lower thus gold higher ( even the hopes of stimulus have negative usd impact) - sellers stop losses will be hit above 1921 -hopes...

piotr18050

-positive gbp news -above the 200 sma -DXY broke the KEY LEVEL of 1.305 -above 1.3

piotr18050

key level of 93 confirmed by many bounces on different time frames we can see the price is falling sharply after the breakout signaling seller strenght possibly the price already hit stop losses of many traders this will lead to positive change in instruments with USD . i saw nice build up on gold, and gbpusd with this break the price on those instruments is...

piotr18050

price bounced of this key resistance many times , high possibility of next bounce and move down , we can also see the lack of buyers strenght above the key level

piotr18050

the price tried bounced off the key resistance then made a short term correction like breakout and went lower under the key level .short opportunity

piotr18050

big key level to watch. the price might be influenced by incoming nearfuture news

piotr18050

we can see the price bounced again from the key resistance , fast drop down indicates the strenght of sellers

piotr18050

very visible consolidation , price bounced from the top resistance twice already , good risk to reward ratio . my sl 1/4 of my profit . a breakout and confirmation of the channel will signal a near term price direction

piotr18050

In my opinion this triangle will set a direction for the mid - long term price action . triangle visible on bigger time frames and price after long time depresed below 45 , this will mean a big price move . technicals : strong buy

piotr18050

after many weeks of being depressed ukoil migh be ready to for a big jump . I can see a good price action sygnaling a further move up . price breaking the channel might mean a short term direction . my sl around 44.1 with a profit first 46.2 second around 49

piotr18050

next step ritesting the freshly made high that is 46.3 . first support 45.2 second 45