Adz786

Adz786

As it can be seen on the daily GJ is around the 78.6 area which is a key area of retracement ! wait for the daily to close to determine if to sell or not but this is a key area where its currently at so keep an eye on this! i would put SL at 134.563 and TP at 131.111! use proper risk management as this is a long term trade with a Risk to reward of 7.6

Adz786

it can be seen that its rejected the 61.8 fib several times and hasnt broken it so im expecting a retracement.

Adz786

It can be clearly seen that EA has respected this trendline and still hasnt closed the gap! it has filled it wick of when the the market crash has happen so im expecting a big downside movement! use proper risk management! TRADE AT YOUR OWN RISK

Adz786 Updated 

As it can be seen Gold has broken my trendline which i entered a sell at 1580. Im expecting further downwards movement as the situation in Iran is stabilising which will therefore make gold drop back down to my TP at 1517. This is a perfect area as it aligns with my -61.8 fib and this is where one of my key level for this currency is at. However, there is...

Adz786

Currently awaiting a break and retest of either trendline to decide which way this pair will go ! Trade at your own risk

Adz786

a break of the trendline awaiting a retest and then further downwards movement. im expecting 1.3000 to be met but trade at your own risk!

Adz786

As it can be seen it has touched my trendline to the dot meaning im awaiting a break of either trendline to determine any trades being places. lets see how this reacts to this and from there we should get a clear understanding of the direction of this currency. TRADE AT YOUR OWN RISK

Adz786

As it can be seen its a simple test of the trendline and it has bounced off it so im expecting a upwards movement. Trade at your own risk

Adz786

As it can be seen it has broken the trend line places and has retested it on the 4h chart. i can see this dropping down to 23.6 fib which is around there 1477 or even further! in addition the 200 ema is still fluctuating around the candlestick and im awaiting a certain retest of this indicator and then a straight drop to -27 fib which is around the area of 1440...

Adz786

As gbpaud has been on a bullish momentum, it has touched my weekly key level of 1.87500. I would wait it out and see the next couple candlesticks to determine if it would go to a downwards movement of 250 pips to the key monthly level. I see a high potential in this as this key level has been touched previously and has just broken past it abit and then plummeted...

Adz786

As it can be seen gold is still bouncing between the key levels of 1508.7-1503.8. The way i see this going is another downwards movement to hopefully around 1450. This would be a perfect area to place the trade as its currently at the 61.8 fib area and has rejected 1508 area frequently. Another key factor is the EMA 200 on the 4h chart is nearly touching this...

Adz786

As it can be seen the 1503.8 level is a key level and it has rejected this again!! im expecting another break of the trendline going downtowards 1440 region. TRADE AT YOUR OWN RISK

Adz786

GBPAUD has been very bullish throughout the past week however, it can be seen that it has respected the trendline and now is testing it again. let it play out first and see if it breaks this trend line and retests it leading towards a downwards movement. TRADE AT YOUR OWN RISK

Adz786

its broken the trend line and has retested it! awaiting downwards movement

Adz786 Updated 

as it can be seen it has rejected a key level of 1503.70 several times so i would put a sell in around there if it retests this and a downwards trend to hopefully break the trend line to around 1490 . TRADE AT YOUR OWN RISK

Adz786 Updated 

it can easily be seen that it has broken the trend line and retested it . i would sell now as it will break out to the downside. TRADE AT YOUR OWN RISK

Adz786 Updated 

Gold is a current high for the week of 1510 however, the fed news will be coming out very soon. i can see gold dropping and touching the 200 ema leading to further drop to around 1465. it has tested the 200 ema a few times but it can be seen that it has touched the line and rejected and it always touches once before a big breakout! lets see what happens! TRADE AT...

Adz786

As this currency has fluctuated around the 78.60 fib for sometime and hasnt broken it yet. Im expecting a downwards movement to a key area of 1.79576 and it fits perfectly with the -61.8% fib. The risk to reward is at 4.19 which is a good ratio. TRADE AT YOUR OWN RISK