Trend In Trend breakout Short Term Position, And GOLD Is Changing Position It Should Bearish Trend SELL XAUUSD (GOLD) TP: 2000.00
My day going well so far as a scalper here's some pictures
BTCUSD is going to sell around Resistence zone Price 18448.79 to Support Zone Price 15880.22
NAS 100 is currently selling around resistance zone price 12290.90 to Support zone price 1208.93
USDJPY is currently selling from Resistance zone price 135.339 to Support zone price 134.522
Price is currently buying from Support zone price 128.876 to Resistance zone price 131.007
AUDUSD is currently buying from Support zone price 0.70174 to Resistance zone price 0.72608
EURUSD is currently buying from support zone price 1.05001 to Resistance zone price 1.08409
USDJPY has been rejected at 116.00 and has set the high of this year am anticipating for the japanesse basket to get stronger as we go deep into the year and make the most out of it it might take time but the market will eventually move down after the up trend since 2020 december
Looking at the dollar expect it to buy and therefore the pound will be less stronger than the dollar and hence the pound to sell long term. Using tern he harmonic pattern we have another confluence to sell at the D zone. Another confluence is that it at the top bolinger band
Long term sell from Daily Resistance zone 0.75615, the price is expected to reach support zone 0.66886 & 0.64227
We can see head and shoulder pattern on the h4 Timeframe we expecting price to reject from the golden since and start dropping
EURUSD is buying from Support zone price 1.12765 heading to Resistance zone price 1.13597
EURCAD is currently buying from Support zone price 1.43656 to Resistance zone price 1.46220
USDCAD is currently selling from Resistance zone price 1.27652 to Support zone price 1.26337
This is a 'Two Possibilities' scenario, where we are left to trade reactively to market behaviour. Thanks and good luck. Please like, comment and follow for more analysis and educational contents.
We may experience a short term sell from the CHFJPY in line with what we have on other JPY pairs, as theYen is about to make a correction after its recent weakness. Do check out other JPY analyses from links below. Thanks and good luck. Pls like, comment and follow for more analysis and educational contents.
Here in EURJPY, it has been a strong bullish run due to the recent weakness of the Yen. However, the Yen may experience a correction soon. Hence, we get ready to sell the EURJPY which is currently heading a resistance zone and trendline from Daily TF.