100pipsaday
GOLD OUTLOOK (Powell speech)Gold at 1925 became unsustainable because of fundamental news influences (Powell Speech etc.). 1925 will now be an invalid level to take a trade on so now we must prepare for the reaction. im looking to sell gold if it retests 1939 and if gold continues to push lower i will buy 1909
EURJPY - 180pip BUY - so good it rhymes - 25.3.21Hello all
Setup:
Two examples of divergence > a bullish spike is overdue
Weekly low
Monthly low
Double bottom
Bouncing off support
Bullish bias
What more needs to be said? > I don't actually know because I'm a beginner but this appears to be a simple trade, maybe too simple so be careful of stop hunts and fakeouts. Any advice is appreciated.
Good luck
Vince / Vmoney