daily time frame is showing some weakness of the downtrend, price is consolidating and trying to brake the structure and switch the trend, looking for a perfect entry on lower timeframe and take partials of profits as price goes up.
in over all trend aud usd is bullish, also considering dxy weakness i expect price to keep pushing higher in the long term. overall my idea is trying to catch the retracement after the previous big push to the up side.
OANDA:XAUUSD possible scalp for 50 pips sell on gold
selling gold after it tookout the lows and switch to the upside pulling more buyers into the market before the big sell off, also taking in consideration dxy trading higher which means dollar is getting more stronger.
looking to sell gbp jpy after london session's retracement for the continuation down at newyork
expecting US30 to trade lower after filling the gap on the 4 hours time frame and target the liquidity on the downside.
expecting price to retrace back up after down move when london's session open, price has reached a key level of support so we should expect a reversal up, my target is 50 pips but i look to secure some profits on 20 pips and put my stop loss to break even
scalpinp a sell position from key level of support, bearish engulfing pattern and on a down trend
for the next week i expect us30 to reverse to the upside for the following reasons : - price made a support and broke our trend line the to up side - higher low formed so we expect price to keep pushing up and create a higher high - by looking at the candles where price is at we can clearly see a bulish engulfing pattern i will look to take this trade after i see...
actually in a buy position not putting a sell limit until i see price's reaction at those levels