Where to sell GOLD from ? It looks like gold is heading to test the most recent significant key mirror level. Watch price to sell from this level!!
Forexeducation
usd jpy shortsusdjpy shorts, reason being is we had multiple confluences to take this trade:
.over extended in the daily
.expect a pullback to previous point of structure
.h4 break of structure
.h4 entry signal in the form of an evening star
we then set a sell limit for 50% of the evening star and was wicked in to go straight into profit
USDJPY BOUNCED FROM A VERY WEEKLY AND DAILY RESISTANCE ZONEUSDJPY has been bounced from a very significant weekly and daily resistance zone and may come for a deep pullback.
Where to open sell entry EURAUD ?EURAUD approching long term trend line. The connection between trendline and support resistance level is the best place to open sell entry. Watch price action !!
Is AUDUSD creating head and shoulder pattern on the weekly?It looks like AUDUSD is trying to create a possible head and shoulder on the weekly timeframe. If that happens, get ready for a trend change and ride the trend early for maximum
EURAUD SELL SIGNALEURAUD Shows a significant rejection from the upside and closes below 20EMA. It is a very strong sell signal. Trade can be taken as explained in the diagram. ( please do your own analysis before taking this trade)
USDCAD SELL SIGNALUSDCAD is giving a sell signal on the daily timeframe. Price has been rejected from the upside and has formed a pin bar on the daily timeframe.
RETEST TRADE ON THE USDCHF!!Well, this pair has been trending to the upside, in fact it seems to have reversed direction into an uptrend but before that happens, a retest of the now broken 200SMA on the daily chart, has to happen before we can confirm an uptrend. Looking to take advantage of the existing opportunity as soon as the market breaks 0.92805 areas and closed below on the 1hr. The Fibonacci agrees with me, the technical side agrees since the market is in a resistance zone after an impulse. This could be a good Friday Trade.
SOMETHING INTERESTING ON GBPCHF!!!!!!!This pair has been trending to the upside until something interesting happened. The market created a long wick to the upside on the weekly chart, and the market as we speak is heading up to fill the wick and retest the broken structure on the weekly chart to complete the impulse and correction pattern. This can be seen with the ascending wedge as you can see. As soon as the market fills the wick, we could possibly see the market break the wedge to the downside and head down to retest structure on the weekly. As soon as the market breaks the wedge on the 1hr, will be looking for sells. What are your thoughts on this pair?
GOLD MAKING A PUSH DOWN?Gold has been in a channel but as you can see the channel is narrowing to the downside, and has tapped the upper trendline. If Gold can break the current support its on, then will be looking for sells to retest the previous low on the green line before a possible growth on Gold. Will be looking for buys if Gold can break the upper trendline. What are your thoughts on this?
GBPJPY IMPULSE OVER????The impulse to the upside on GBPJPY has been going on for some time and congrats to those that have been in the move. But as you know after and impulse there is always a correction to at least the 0.382 of the Fibonacci retracement which can ben seen on the weekly chart. Since the current bearish candle on the weekly has respected the high of the previous bullish candle, the market in the short run could be retesting the 0.382 on the fib which lines with previous structure. waiting for confirmation on the daily time frame to take a nice short on this pair.
What are your thoughts on this pair?
EURUSD MAY GIVE SOME PROFIT BOOKING Till 1.20911EURUSD May give small profit booking one can initiate short position bel FX:EURUSD ow 1.21522 sl will be 1.21772 and Down side TGT will be 1.20911
FX:EURUSD 1.20911
Forex Signal and Analysis on USD/JPYThere have been several push to the downside in the past few days if not weeks and now, there is a break in a market structure which could signify that the price might be going to the upside soon at least to the area of value for a retracement. So we wait for a return to order block after stop hunt and the breaher.
