BTC has recently formed a double bottom at support on H1 with a long wick which shows rejection of lower prices followed by bullish candlesticks, also if you see closely it seems that an head and shoulder pattern is about to be formed. I am expecting prices to go up atleast around $31300.00 area. Buy BTCUSD now at current price of $30280.00, takeprofit: 31300,...
GBPAUD makes a rejection around 1.7280 are on D1 and makes a tripple bottom and M pattern which signals a reversal. Buy GBPAUD if H4 close above 1.7475, take profit: 1.7580, stoploss: 1.7375 - 100 pips opportunity
NZDUSD is currenlty trading in a channel ans is expected to get rejected from the upper trendline of the channel. Sell around 0.6485, Takeprofit: 0.6400 , Stoploss: 0.6525
GBPUSD strongly broke a trendline and is now retesting the broken resistance around 1.2540. Buy GBPUSD around 1.2545 , takeprofit: 1.2650, stoploss: 1.2510 - 200 pips opportunity
BTCUSD is expected to get rejected by the trendline and retest level areound $30650 which is also 38% of Fibonacci retracement. Sell around 31500.00 , Take Profit 30650.00 , Stop Loss: 32000.00
XAUUSD is going to retest 1846-1847.00 area and then go bullish from there. Buy around 1846.00 , Take Profit: 1867, Stop Loss: 1835 --- 200 pips opportunity
After breaking a channel resistance last week gold retest it around 1848.00 area and started its bullish run again towards possible final target of 1909 -1910 area. Since overall rend of gold is bullish we have identified 3 possible trade setups. Trade #1. Buy XAUUSD now around 1854.00 area , Take Profit: 1890, Stop Loss: 1842.00 ---- 360 pips opportunity...
sell GBPNZD around 1.9400, Take Profit: 1.9300 , Stop Loss: 1.9450 100 pips opportunity
sell XAUUSD around 1852.00 , Take Profit: 1835.00, Stop Loss: 1860.00 170 Pips opportunity
sell GBPNZD @ current price of 1.93000 , Take Profit: 1.9150, Stop Loss: 1.94000 150 pips opportunity
Sell BTCUSD if H1 close below 28750, Take Profit: 28000, Stop Loss: 29400 750 pips opportunity A rejection candle is expected around 28000 area which will serve as a doble bottom, if it happens BTCUSD will go bullish quickly and expected to test 30000 level.
Sell GBPNZD around 1.9450 ,Take Profit 1.9300 , Stop Loss: 1.9520 150 pips opportunity
Scenario 1: when H1 candle close below 1842.00 sell Gold , Take Profit: 1790, Stop Loss: 1880 - 520 pips opportunity Scenario 2: Sell Gold around 1862 area if a rejecion candle or bearish engulifing candle is formed in H1 . Take Profit: 1790, Stop Loss: 1880. - 720 pips opportunity OANDA:XAUUSD