The info about the trade is on the chart, if you have any questions i would be glad to answer.
Buying AUD/USD this week, i'm seeing some strong bullish momentum coming for this week. Read the text from the chart for more info. Glad to see some feedback!
As expected, the huge rally to the supply zone and a 1000+ pip profit!
US30 Smashed our first TP, now the second position is still running and we can open a third one on the little pinbar that formed after the pullback. Going for that supply up there and taking easy profits! Also we can put our second position on break even and have a risk free trade! Would be glad to see some feedback!
Gold is still moving in a downtrend channel overall, new lower highs are being created, but what's interesting is this last touch. On the 4H chart we can see clearly that a H&S pattern has formed and if we scale down to the smaller time frame we can see that more lower highs are being made in the right shoulder, the moment price breaks structure, pullbacks and...
I've typed my thoughts in the chart and would be glad to have your feedback if you agree or disagree on this analysis! If price however starts creating lower lows and goes bearish, we can expect it to reach the red line on 1823.240
Price is moving in a descending triangle right now so i expect bearish momentum again, and if price decides to go bullish, we can wait for the break of structure, retesting the resistance which becomes support and going fro the supply zone above.