Could Gold Fall Below 1300?The Weekly on Gold shows a few interesting things.
1. Double Bottom.
2. The most recent candle is a doji.
3. Price often is rejected in this area in the past.
These could be potential bullish signs.
HOWEVER
On the other hand, if price continues to go down, it could turn into something similar to what happened beginning in April 2013.
Price pushed down about the same amount as the range it was in.
Bigdrop
HIGHER IT GOES;THE HARDER WILL FALLUSDJPY…. Went even higher than before ; looked higher like the Mount Everest ; or one the highest mountains in the world.
The higher it goes the harder will fall… no matter how high it goes the bulls will show exhaustion then bears will take over and crash will happen. 129 or 130… where the big drop we will see. Trade safe and it will fall hard until it hits the highest peak.
AUDNZD - Potential Big drop expected Hello Traders
Here is a new SELL scenario, for the moment this is just an idea
Aussie confirms the positivity until now
1.08000 is a level to watch !
I will come back to you with proper chart and signals !
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reliance on the information contained within this channel including
EURAUD - Looks Vulnerable After Massive Repricing of RatesHello Traders
Here is a new SELL Scenario, The EURO appears shaky
💹EUR/AUD SELL STOP
✅ Entry @1.56500 or below
✅TP-1# 1.56300
✅TP-2# 1.56200
✅TP-3# 1.56000
✅SL# 1.57600
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USDCAD Short Expected to fall -Bank of Canada surprisedHello Traders
Here is a new Short Opportunity
💹USD/CAD - SELL STOP
✅ Entry @1.24400 or below
✅TP-1# 1.24200
✅TP-2# 1.24000
✅TP-3# 1.23900
✅SL# 24.900
The Canadian Dollar is coming off of a big week after the Bank of Canada surprised by announcing an end to their QE program. This happened on Wednesday and brought a strong push of CAD-strength into the mix, as USD/CAD dropped down for a test of the 1.2300 handle.
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CHFJPY - RSI Critical - Head and shoulders formationHello Traders
Here is a new SELL Scenario, RSI Critical, Possible Head and Should formation
💹CHF/JPY SELL STOP
✅ Entry @124.900 or below
✅TP-1# 124.700
✅TP-2# 124.500
✅TP-3# 124.350
✅SL# 125.600
JamdeJam will not accept any liability for loss or damage as a result of
reliance on the information contained within this channel including
data, quotes, charts and buy/sell signals
EURUSD Short-lived pop will fall - ECB Mesure are still on HoldHello Traders
Here is a new SELL Scenario, a short lived pop, ECB Mesure are still on hold, Taper discussion in November will influence USD soon.
For a longer term, it can reach 1.15 and 1.14 for a quarter if you are patient.
💹EUR/USD SELL STOP
✅ Entry @1.17000 or below (17300 is the best but not sure it will reach this point)
✅TP-1# 1.16800
✅TP-2# 1.16600
✅TP-3# 1.1630
✅SL# 1.17800
JamdeJam will not accept any liability for loss or damage as a result of
reliance on the information contained within this channel including
data, quotes, charts and buy/sell signals
EUR/USD - Fall Scenario 2 - Taper Supports GreenbackHello Traders
Here is a new SELL Scenario, Federal Reserve 'on track' for tapering asset purchases.
For a longer term, it can reach 1.15 and 1.14 for a quarter if you are patient.
💹EUR/USD SELL STOP
✅ Entry @1.16300 or below
✅TP-1# 1.16200
✅TP-2# 1.16000
✅TP-3# 1.15800
✅SL# 1.16800
Source : www.actionforex.com
JamdeJam will not accept any liability for loss or damage as a result of
reliance on the information contained within this channel including
data, quotes, charts and buy/sell signals
CADJPY Massive drop expected 1000pips +Hello Traders
Here is a new Sell Opportunity, huge drop expected 1000pips +
💹CAD/JPY ⏬SELL
✅ Entry @91.000 or below
✅TP-1# 90.000
✅TP-2# 89.000
✅TP-3# 88.000
✅SL# 91.800
My Forecast : This Pair Will fall with a big drop after a correction around 91.000
JamdeJam will not accept any liability for loss or damage as a result of
reliance on the information contained within this channel including
data, quotes, charts and buy/sell signals
If you like this idea, do not forget to support with a like and follow.
Don't hesitate to write comments.
GOLD for the SELLLast day candle is going to close below the Strong Support line at 1860 which is considered a break in support.
If you look at the other touches I circled, no candle closed below the line without selling for a bit.
Also another reason to support this sell is the head and shoulders formation, we already have a shoulder and a head and if you look closely it’s possible a right shoulder is forming.
Also the touches inside the small trend lines makes the resistance even stronger.
Everything from my perspective right now leads to a sell. The only situation that could support the buyers is very convenient news leading to USD losing value.
Summary: Candle couldn’t break resistance and it’s gonna close below support, while possibly forming the right shoulder for the H&S formation.
I’m a buyer and a seller so I’m open minded to both options.
But I realize those that are specialized in one type of order are close minded to other possibilities.
So if you’re strictly a buyer and gonna comment with negativity save it 😂😂
US30, going to dropHi traders,
As we look at US30 it broke the uptrend, and will prob rise to 30800 after that there will be a huge sell off.
So when it hits 30800, it will go a bit higher and when it drops go in an trade for sell.
Thats how I think US30 will go.
SemftTrading
analysis EUhello traders, here is an entry area prediction to the downside. As you can see that it made divergence to the left. I'm assuming that will making head and shoulders on the 1hr around 61% of the fib and then shoot down to fill in the gap below. Be careful with news and the vaccine. Thanks for reading!