Price is in a clear strong uptrend. It has broken my weekly resistance and its already retested it once as support. Waiting for a pullback with rejection to the level which is in confluence with my fib golden zone then I would place a buy.
I see a potential retracement on gold to around 1954.00 then a leg up to 1996.00
GBPJPY MAY RETRACE TO 140.30 LEVEL AND CONTINUE THE LEG UP TO 151.80
Price broke support and formed a lower high. currently, price is pushing back up to test support which is in confluence with my Fibonnacci gold zone. Will go short if I see price reject the zone to the next support below.
IF PRICE BREAKS THIS RESISTANCE PLUS TRENDLINE AREA AND RETESTSIT AS SUPPORT,I WOULD GO LONG TO 2000.
GBPJPY closed with a strong bullish momentum candle on resistant now turned support. Viewing on lower time frames shows rejections indicating buying pressure. I'll be going long on GBPJPY. Overall structure is still bullish.
Gold retested resistance level with a pin bar candle stick on the higher time frame. Bearish for me till it touches support below.
Anticipating price to retest a level around 139.30 with a rejection or engulfing then I will place a buy.
Overall structure is bullish. If price breaks the key level around 1.64350 and retests with rejection candles or an engulfing, I will go long.
Overall structure is bullish so looking for buys. Price rejected off my golden fib level and has been going up since. Price is projected to reach my fib take profit level.
Price has broken a key level and retested it on the daily. Price to go up.
Wait for a break and retest of horizontal key level and enter for a long position.
I see a break out on the downside of an uptrend channel on Gold. I see a retest after the breakout. Gold should drop. Be weary of stop hunts.
EURGBP is at a supply zone wit a bearish shooting star on the 1h. Price should drop to the next key level.
SIMPLE BREAK AND RETEST OF A KEY ZONE AROUND 26650. OVERALL TREND IS AN UPTREND. ALSO, SEE A BULLISH FLAG PATTERN.
The overall market structure is in an uptrend. The trendline is in confluence with my horizontal key level around 0.9050. I see a break of market structure and rejection around my key level and trendline. Rejection aligns with my 0.382 fib level. Oooooh and a bull flag too. So many confluences I'm positive it'll be going up. Watch out for stop hunts though.
Overall, price is in a downtrend. I see a break of structure and a retest with rejection around the 1.8025 level as well as a rejection off what I call the golden zone on my fib levels. Highest probability price will continue downwards.
There was a break to the upside around 74.50 key level after which price failed to continue upward. Price broke the level again to the downside this time making support resistance and showing rejection after a retest of the key zone. Anticipating price to drop some more.