H4
Short on Gold1) Major Trend Reversal and Breakout fail at Long-term Resistance, also Double Top , but Doji . Ok Swing sell for High of the Week.
Upcoming Cypher PatterAlready short on trend following set up
Looking to take trade Cypher tomorrow. I am not a hughe fan of Limit orders during the asian session... What about your opinion on trading the Asian session by limit orders?
AUDNZD Divergence, possible trendline breakHere is a setup I will be looking at tomorrow morning to see what happened here. Looking to enter the trade if the trendline is broken, confirming the divergence that we see on the MACD indicator. Placing stop loss above the recent high at 1.105. Moving the trade to break even at 1.088, giving us a free trade from there. Looking to exit the position and take profits at 1.075. This is only if the trendline is broken, otherwise we will wait for further confirmation later in the week, maybe even next week. I believe this is going to fall eventually, even though it might not happen right away. As always, plan your trades and TRADE YOUR PLAN!
Daily AUD CHF potential opportunity to go short Analyzing AUD CHF we see market seems to be incline to go short this time. TK crossover is turning over as well as if price goes on as it is once it close current candle we will break Kijun and also bear fractal giving us green light to enter in the market.
If we zoomed in H4 the line market at 0.76303 show us a possible fractal zone where we can look for price action as all signs shows bearishness.
