GBPUSD I think will be a good short with the uncertainty of the election. Question is when and what level? I'm looking at 1.5350 level for a short. Maybe a small retracement now to the 1.5083 level but then a move back up to to 1.5350 and then short
Four tops - kinda thinking this is long term 'short area' but I wouldn't be surprised to see a retest of 1.1145
This is either going the 1-2 route after the non farms or the 3 route south. I have a sneaky feeling we might get a re test of 1.1145 area before a resumption 'south'. Who knows??
Looking to short this @ 177.90. Good example of a bear flag formation. Stop @178.30. Target 177.13
Possible short entry here with strict stop loss at 1.1300. Target 1.1140. Depends on the close of this candle.
Gold looks like it might retrace to the $1227 support area in the near term before extending beyond $1300 on its way to retest the $1500 area