Divergance
Reaching for LiquidityIf that next order block doesn't hold The Dollar looks likes it could be pushing for another leg up, reaching for liquidity just above 96.40 if it gets there. Could be looking at some divergence on the way up. Waiting for the Sell signal. Also, if you notice the times of all the arrows, do not think that is just coincidence do you? Institutional Order programs running their orders. Of course, it's not always the same but Wow pretty tight.
GBPJPY Channel breakout with divergence confirmationIf the price breaksout of the bullish channel with an area of consolidation or a pullback to the previous SR zones for a last kiss we can expect a sell. If not, the price could continue to make higher highers and get rejected at the trendline. Divergence can be seen on the MACD 4C confirming the halting trend.
SHORTING AUDNZD I have left everything on the chart for you guys/girls to read. if you have any questions just send me a message and i can help out sure thing.
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GOLD Technical Analysis Suggests Long BiasI would like to keep this post strictly Technical because Technical Analysis cannot be debated the way investors debate Gold as an investment from a fundamental perspective. There are numerous technical indications that Gold will rally. First would be trend resistance from the 2/1 Level of the Gann Fan along with the recent bounce off the ~$1050 Support level. The 2/1 Gann Trendline is based on the highs of the 15 year uptrend Gold has experienced. The next indication would be the completion of the D leg of the ABCD Pattern. Fibonacci speed resistance fan offers no significant resistance levels within close proximity. Finally RSI Divergence gives us the final long signal. As always if this TA helped you please leave a like and comment your thoughts. Happy Trading!