By technical means it's a pretty good entry, but with lower risk than usual because I don't have a bearish bias on the USD, although I expect a correction in the dxy. Would not open until I see a break of structure both in the dxy and the currency pair. *Not financial advice.
The overall directional premise is bearish, The dollar keeps making higher highs, so I think that this is a pretty decent swing setup. Wait for a break of structure and retest.
After being on a pullback for a week, I think we have a decent buy setting up.
We have reached a major support zone after last week's pullback. I think it's a pretty solid chance to go long. Extremely small sl, if we are stopped out we just look for new opportunities.
Gold is respecting very good these levels lately, I believe that this is a pretty likely set up for tomorrow. Feedback appreciated.
Have in mind that I don't have much knowledge about crypto, This is just a technical perspective.
Fundamentals show a strong New Zealand dollar in relation to the Yen which is a risk-off currency. Having that in mind, this is also a very good technical setup with a decent risk to reward. I would always wait for a price action confirmation before entering the trade. A swing trade profit target would be 80.5 Feedback appreciated.
Fundamentals show a strong New Zealand dollar in relation to the Yen which is a risk-off currency. Having that in mind, this is also a very good technical setup with a decent risk to reward. I would always wait for a price action confirmation before entering the trade. A swing trade profit target would be 80.5 Feedback appreciated.
After the double bottom and a weak usd this week I think that we might see an end of a downtrend in gold.
Fundamentals show strong AUD and weak EUR and in combination with a technical setup, I think It's a pretty decent trade.
We had a breakout of the channel and a retest. I think we have a decent long setup.
I think we have a pretty good possible long setup here. Wait for price to reach the support of the trendline.
After hitting quite a strong support, I think we are going to see a possible start of an uptrend in gold.