shoaib_s

shoaib_s

- Overall downtrend - MA have crossed once again - Strong resistance at 1511.52 but the price already re-tested there about 6 times on the daily chart and failed to break through that resistance - Therefore i will trigger a short position just below the 61.8 (green) fib level

shoaib_s

- overall downtrend - Fibonacci indicates strong support at 1.10190. If price fails to re-test on a bearish bias then we can see a reversal. - However, i will be bearish on this if price goes below 1.10190 and i will trigger sell limit at 1.10081

shoaib_s

short gold

shoaib_s

I know it isnt good to revenge trade. And the USD/JPY before this hit s/l. But even in my previous trade i had kept an orange line as a strong resistance. Now after hitting my s/l i will re-enter this trade as a short position once it touches the orange resistance line.

shoaib_s

short

shoaib_s

short on gold

shoaib_s

short

shoaib_s

short on usdjpy

shoaib_s

due to the hammer that appeared which implied an unsuccessfun effort by the bulls I believe this is the new zone for the short position.

shoaib_s

trend line indicates bearish bias. If we are able to retest at the orange line and come back down i can see the price dropping to my T/P.

shoaib_s

however, I will be bearish if price re-tests and drops below 106. Other than that, it is a bull run for me

shoaib_s

short

shoaib_s

gold long

shoaib_s

long position for gold

shoaib_s

GOLD LONG POSITION

shoaib_s

got a long position on USD/CAD forgot to post earlier