pip-muncher

pip-muncher Updated 

Watch for a potential downward breakout. Everything should be explained on the chart. Ichimoku Kinko Hyo was used to view the chart on a larger scale. - on the Daily chart, the price broke through the negative Kumo indicating a down trend, also, on November 25, the Tenkan-Sen passed below the Kijun-sen below the cloud with a leading bearish Kumo. There was also...

pip-muncher

105.19 is the suggested TP here. The chart has broken out of a double symmetrical triangle on two different time frames indicating a bull run towards the bearish trend line. As for the SL, anywhere along the blue line shown should work. Not financial advice. -feel free to leave a comment, any sort of constructive criticism is appreciated, thanks.

pip-muncher

EURCAD is forming the second shoulder of a head-and-shoulders pattern indicating a bullish to bearish trend reversal. The chart has also reached key levels of resistance. Not financial advice. -feel free to leave a comment, any sort of constructive criticism is appreciated, thanks.

pip-muncher

Bringing back the old EURUSD analysis from a couple days ago, the right shoulder was formed and looks to be dropping on the 30m-1h-4h scale; 0.618 retracement would be ideal but 0.382 and 0.5 are more than likely to be hit. If the chart does not drop below the neckline, assume a long position as the H&S pattern would be broken.

pip-muncher

DXY being the dollar's strength gauge is perfectly opposite to that of XAU/USD meaning we could see a small rise in DXY followed by a long drop if the neckline is passed. Inversely, XAU will have a small drop followed by a large rise. Follow RSI as well.

pip-muncher Updated 

Take profit in the 1720.0-1730.0 area. Potential to rise to 1750.0, higher risk higher reward. Short term.

pip-muncher

Head and Shoulders, 4H fib retracement to 0.618 area, go long after that point is met and reversal is clearly visible. Thank you.

pip-muncher

Long term sell to hit TP2 and TP3 but should be hitting TP1 relatively soon. Based off of retracement patterns.

pip-muncher

Long Term SELL