Short GBPJPY. With a pickup in volatility, I expect traders to move away from yield seeking currencies and move towards safe haven currencies 1 - 20x50 Cross 2 - Rejection of 20 EMA 3 - 50% retracement 4 - Trend legs align to D1, D2 5 - AWAITING close below 200 EMA
Adding this to my watchlist. 50%-68% retracement expected - followed by clean break outside weekly support and ctl.
After my last gold post, FOMC help me reach T1. I'll be considering the reversal in the yellow region. Eagerly awaiting price action.
Hit Monthly Resistance on this pair D candle is currently bearish Expecting a retracement to 38.2% at least
Bullish Price Action on the D We've crossed the Weekly CTL T1 indicates first target at monthly resistance T2/T3 align with extension levels
Bullish Gold to 1130-1150 - MA looking to cross = short term trend is up - Rejection at Monthly Support 1100 level - Bounce off trending range - P/A is indecisive, so we're patiently awaiting a close above the daily resistance level to consider our options...