GOLD/USD 4H4H Gold Chart, also watch it at daily chart
huge breaktrough monthly resistance and support, bounced of weekly support and now againt at monthly resis so i opened a short position at 1188,83 0.3lot
Sell-signal
EURUSD Institutional Short SetupHello Traders! Our institutional research still holds a bearish tone on EURUSD so we will only be looking for shorting opportunities. We can expect to see pullback sellers step in anywhere between 1.0506 and 1.0539. As long as the 1.0539 level protects the downside we will likely see another push lower, but keep in mind the strong support at the 1.0335 figure. As always use a 30-40 pip stop loss and look to get whatever you can on the profit side. Good luck to anyone that takes it!
GBPUSD Institutional Short SetupGood morning traders. According to our research the institutions have their eyes on the 1.25 level. Not only is it a decent level of resistance but it is also a huge psychological level that has been respected many times. As usual you will want to use a 30-40 pip stop loss and look to take whatever you can on the profit side. Good luck traders!
EURUSD Institutional Short SetupGood evening traders. Our institutional research has identified some key levels where traders are eyeing to get short. Resistance begins at the 1.0468 level and goes up into the 1.05/1.052 area. With this pair being in a downtrend a pull back up to either of the areas marked on the chart would represent overbought conditions where institutional sellers may be looking to get short. That being said, the latter zone would be more conservative. Use a 30-40 pip stop loss and look to get whatever you can on the profit side. Good Luck.
AUDUSD Institutional Short Setup!Good morning traders! This post is a few minutes late from the point of our entry, but we just entered into a short position on AUDUSD @ .7500. We have a very nice resistance level at .75080 that has kept the downside in check for roughly two weeks now. With no economic stimulants to justify breakout volatility, we are betting that this resistance will hold for the day at least.
The first real support below begins at around .7417, however there are clearly some bottoms that formed near .743. With the way that this pair has been trading over the past few weeks it is entirely possible to see a quick move down to the latter, but as always we will take whatever we can get. The goal is not to get greedy and to lock in profits.
Good luck to anyone who takes this trade!
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EURJPY Potential Shorting OpportunityWith today's announcements from ECB President Draghi bringing in strong EUR sellers we can bet on continued weakness. Today's spike high confirms the 123~ resistance zone and that sellers are now in control. An outside return to previous resistance at 121.88 or support at 122~ will offer a probable shorting opportunity. Downside risk may be supported at 120.88 then 120.16.
AUD/USD Short read description.Thia pair has been inside a channel since 20th october and the price has reached the top line.
That may result in a down movement. Furthermore, the MACD and RSI show that there exist a divergence that also may cause a down movement.
Main trend is bearish and it may go down.
There are many proofs to say the price is going to fall and there is no any proof to say the price is going to go up.
USDJPY FORECAST + SETUPSUSDJPY has broken down from its local flag pattern and could head lower in the short-term. However, at the moment it has bounced from the bottom of its main channel. Thus, we have 2 highly probable setups:
1. Price retests the previous (dotted) trendline and fails, bouncing back down and then breaking the yellow flag pattern
2. Price breaks the yellow flag pattern and heads towards a former trendline support level.
Enter trades upon breakout confirmation, otherwise trade is invalid.
