I have been long in EA for some time now, if price breaks above 1.4650 and stays there we could see 1.56 been teated. we do still have a gap and french elections coming up so anything could happen. Trade safe.
Looking at the daily chart on GJ I could see this pair falling from here to fill the gap before making new highs. Over all I am bullish but for us to reach new highs I think lower price needs to be tested. This is not a trade call, just what I think could happen.
This could be a good place for a EJ reversal. We have the EBC coming out today so that could change things. My over all out look is EJ will make higher highs, but I think the lows need to be tested first.
AU has been falling for the past 4 week's, we failed to break 0.7600 last week and this week, that leads me to believe there is more down side movement to come. I have took this trade from the fail, but a safer entry would be after 0.7500 has been broken and retested.
I have been long on this pair since the end of Feb, we have been making higher highs and higher lows and I don't see it stopping till 1.46. We have now broken the daily/weekly trend line with a small retest. price could still pull down to 1.42 to 1.4160. the long set up here is just an example of what price could do, not a trade call, stops and take profits need...
There are going to be a lot of buyers here, wanting this Bull Flag to work out. This could be one hell of a trade if your in to set and forget. Still needs a bit of time to see if it's going to come off. Watch out though.
We could see some movement to the up side from here. If NFP comes out weak then this will take off to the up side.
IF price fails here we could see price fall to the 50 or 61.8 fib level.
A/U looks to have completed wave 4 and has now started wave 5, wave 2 of 5 looks to be finished and we could see a big drop to the down side from here.
I'm long in gold now, looking for 1,239-40 to be hit before we start thinking about selling. my over all out look on gold is bullish but I think we need to drop to the low 1200's before this will start making new highs.
Gold could be about to finish wave 2 of a 3 wave correction. If price fails here we could see a retest of the 618 fib level, at 1,161.
Price has made a new high and 3 higher lows, found support, this could be a good place to go long with amazing R&R.
Price has found major resistance and made a first lower low since DEC 23rd. Looking for price to fall and retest lows.
Price has been making higher highs and the bulls are back in control, we have just made a new high, I'm looking for a little pull back to get in long.
After getting stopped out yesterday, I have took a fresh look at this, I did get in to soon but my out look is still the same, long to 1.34. Price had now stopped at the 61 fib level and we should see price rally soon.
Price made a high on Jan 20th, and now we have found support at the 38/50% fib levels, price could go on to make new highs once again.
53$ has held strong on WTI since December 12 and we've not had a close above this price at all. IF we get a retest of 52.75 or above and a daily fail we should start to see lower lows been made.
Price action looks to be in, wave 3 of wave 4, price should move down to the 38.2 fib level with no problems, if this area is broken we should see more down side to the 61.8 fib level